MINSK, 12 March (BelTA) - Exchange trade between Belarus and Russia’s Chelyabinsk Oblast is vibrant: goods of Chelyabinsk enterprises, namely metal products, ferrous and non-ferrous metal goods, are in demand among Belarusian buyers, while Belarusian meat and dairy products are popular with Chelyabinsk customers, Aleksandr Bashliy, head of foreign economic relations at the Belarusian Universal Commodity Exchange (BUCE) outlined the prospects of cooperation with the Russian region in exchange trade, BelTA has learned.
“Chelyabinsk companies know very well the advantages of the Belarusian Universal Commodity Exchange. Today, 103 Chelyabinsk companies are accredited at BUCE. Mutual trade is on the rise, and we intend to keep working,” the BUCE representative emphasized. “We are working to ensure that all new partners use the opportunities of the exchange platform to trade with Belarus. The products of Chelyabinsk enterprises are popular. These are metal products, ferrous and non-ferrous metal products. In turn, representatives of this Russian region buy Belarusian meat and dairy products through the exchange.”
At the event held today in the Chelyabinsk Oblast exhibition pavilion in the capital city and aimed at strengthening trade relations of this Russian region with Belarus, Aleksandr Bashliy spoke about new opportunities offered by the Belarusian commodity exchange to Chelyabinsk manufacturers and detailed the terms of participation in procurement made by Belarusian enterprises for equipment, parts, construction materials, and machine tools. The meeting was attended by more than 10 representatives of Chelyabinsk Oblast plants interested in working on the Belarusian market.
“A total of 27,000 Belarusian enterprises from different sectors of the economy are accredited at BUCE. Any company participating in the exchange trading immediately gets access to a wide pool of consumers of its products,” the head of foreign economic relations said. “We have heard many times from Russian companies, which can freely participate in public procurement and tenders in our country, that these procedures in Belarus are much more systematic and understandable.”
The fulfillment of contract terms is controlled by the exchange, which is very convenient for suppliers.
Founded in 2004, the Belarusian Universal Commodity Exchange conducted its first trading session in June 2005. BUCE is one of the largest commodity exchanges in Eastern Europe. Its main function is to assist Belarusian enterprises with export and foreign companies with entering the Belarusian market. BUCE sells a wide range of metal, forestry and agricultural products, industrial and consumer goods.
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