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31 August 2022, 10:50

Belarus' vice premier names companies working on BUCE import substitution platform

Piotr Parkhomchik
Piotr Parkhomchik

MINSK, 31 August (BelTA) – Belarusian Deputy Prime Minister Piotr Parkhomchik told the media about the companies successfully operating on the import substitution platform of the Belarusian Universal Commodity Exchange (BUCE), BelTA has learned.

According to Piotr Parkhomchik, the government is looking for new forms to develop both industry and business: “Unfriendly countries, which have their claims, make us look for new ways of work. The establishment of a new platform in import substitution has become one of such solutions.”

In his words, if in May the platform was at the initial stage of development with the amount of transactions reaching Br1.5-2 million, then today demand, the volume in monetary terms, and the number of platform participants have increased. This process has attracted not only large enterprises, but also private, medium and small-sized businesses.

Piotr Parkhomchik added that the Belarusian Steel Works and Bellesbumprom enterprises have been successfully operating on the platform.

According to the vice premier, there are some operational issues that require immediate solutions, and also a number of issues for the future, including efforts to create new jobs, find investors, consumers and buyers. “It is important to run this work not only in the Belarusian capital, but also in the regions,” the deputy prime minister said.

Heads of the Belarusian largest enterprises have come to today's event to discuss the functioning of the BUCE import substitution platform.

Chairman of the BUCE Board Aleksandr Osmolovsky
Chairman of the BUCE Board Aleksandr Osmolovsky

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