MINSK, 27 August (BelTA) - The Belarusian Universal Commodity Exchange (BUCE) and the Bolsa de Mercadorias de Moçambique (BMM) will join efforts to develop exchange trade between Belarus and Mozambique, BelTA learned from the BUCE press service.
This will create favorable conditions for strengthening business contacts between economic entities of the two countries, open up new opportunities for trade and economic cooperation, and contribute to the growth of mutual trade. Such strategic objectives are outlined in a memorandum of understanding signed by BUCE Chairman of the Board Aleksandr Osmolovsky and BMM Chairperson Victoria Daniel. The signing ceremony took place online as part of the FACIM 2025 international trade fair in Maputo, the capital of Mozambique.
Aleksandr Osmolovsky emphasized the multi-vector nature of Belarus' foreign economic policy, which is also reflected in the exchange trade. “The exchange is a state organization operating in the interests of the country's economy and promoting its export potential. Therefore, we are ready to establish mutually beneficial partnerships with exchange platforms all over the world, including on the African continent. I hope that the document signed today will become a reliable foundation for building an electronic trade bridge between Belarus and Mozambique, which will be actively used by business representatives of both countries,” the BUCE head stressed.
The head of BMM also noted the importance of inter-exchange cooperation in the context of developing cross-border trade. According to her, exchanges accumulate supply and demand, simplifying the search for business partners, while a transparent pricing mechanism allows for determining the real value of products in free competition. As a result, the efficiency of export-import operations increases, risks are reduced, and the unimpeded movement of goods is ensured.
“I do not want the cooperation with the Belarusian Universal Commodity Exchange to be limited to consultations and information exchange. First and foremost, it should help Mozambican companies enter the Belarusian market to sell their own products and purchase the necessary Belarusian goods. This is precisely the main goal of our partnership,” Victoria Daniel said.
The starting point for the interaction between BUCE and BMM was the international exchange forum held in Minsk on 11 June 2025. The event was attended by representatives of exchanges from CIS countries, Asia, and Africa, including Mozambique. The agreement on cooperation between the Belarusian and Mozambican platforms was reached on the sidelines of the forum.
The public joint-stock company (OAO) Belarusian Universal Commodity Exchange was established in 2004, with its first trading session conducted in June 2005. BUCE is one of the largest mercantile exchanges in Eastern Europe. Its key function is to assist Belarusian companies with exporting their products and assist foreign companies with entering the Belarusian market. The commodity exchange facilitates trade in metals, timber, agricultural products, and a broad choice of industrial and consumer goods.
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