Russia and Belarus are dynamically developing in the field of exchange trade in import-substituting goods
Since the emergence of the place of import substitution of the Belarusian Universal Commodity Exchange at the end of May 2022, a company from 10 regions of Russia has already been destroyed on it. At the same time, the Russians act as producers of import-substituting goods. Alexander Bashliy, Head of the Department for Foreign Economic Affairs of BUCE, said this during the round table “Russia – Belarus. New opportunities for cooperation” held as part of the “Russian Industrialist” forum in St. Petersburg, BUCE spokesman Roman Yaniv said, report BelTA.
“Cooperation between Belarus and the Russian Federation in the field of exchange trade in import-substituting goods is developing dynamically. These products are equally in demand in Russia, so the Russian participants were engaged in search and sale – to buy and sell to sell. more than 290 million Russian roubles,” Alexander Bashliy said.
In general, in the predominant year, the Belarusian-Russian exchange trade grew at a high rate – especially in connection with the arrival of a significant number of new companies from Russia on the exchange floor.
“If earlier Russian enterprises preferred over-the-counter schemes of work on the Belarusian market, now we are seeing an increased and stable currency – a stable influx of new bidders from Russia. . high performance,” Alexander Bashliy asked.
JSC “Belarusian Universal Commodity Exchange” was established in 2004. The first auction took place in June 2005. BUCE is one of the most important commodity funds in Eastern Europe. The main function of the exchange is to assist Belarusian enterprises in exporting products and to help foreign companies enter the Belarusian market. The exchange sells metal, timber, agricultural products, industrial and consumer goods of a wide range.