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06 June 2022, 16:22

Belarusian trade minister hails digital technologies as fashionable trend in modern trade

MINSK, 6 June (BelTA) – Digital technologies are a fashionable trend in modern trade, BelTA learned from Belarusian Antimonopoly Regulation and Trade Minister Aleksei Bogdanov on the sidelines of the TIBO 2022 expo.

Aleksei Bogdanov said: “Digital technologies are the key trend in trade today. Everyone is switching to digital purchases, digital workflow, digital invoices, and the rest. Belarus is also moving in this direction. For instance, the Belarusian Universal Commodity Exchange has launched a digital import substitution platform, which automatically finds goods that are affected by Western sanctions and finds substitutes made by Belarusian producers or in friendly countries. It is a big step forward. We will continue developing.”

The official also noted that virtually the entire Belarusian trade industry relies on digital technologies. “Moreover, we are working with other government agencies in order to make the process transparent so that the Antimonopoly Regulation and Trade Ministry could monitor what's going on in real time,” the minister pointed out.

The international forum on information and communication technologies TIBO 2022 will be running from 6 to 10 June. On display are products and services from well-known manufacturers of telecommunication equipment, hardware and software, mobile and landline communication operators, developers and suppliers of high-tech products, security systems, smart solutions and services for the consumer market and the corporate market, scientific and educational institutions.

The 4th edition of the Eurasian Digital Forum, the 5th installment of the Belarusian ICT Summit, and the 2nd Digital Economy Forum will be held in Minsk Arena during the week. Results of the internet award TIBO 2022, the Belarus ICT Startup Award and the national contest for support and development of youth initiatives Agro 4.0 will be summarized on the last day of the forum.

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