MINSK, Oct 19 (BelTA) – The Belarusian World Commodity Exchange (BUCE) and the Export Support Center (ETS) of Tula Oblast in Russia plan to cooperate in the area of import substitution, BelTA of BUCE’s press service reported.
The cooperation agreement was concluded with the scale of a mission of Belarusian industry. The scale was organized through the Tula Chamber of Commerce and Industry with the aim of informing Tula Oblast brands and industrialists about business opportunities in Belarus, adding the situations for doing business. through the commodity exchange. It was agreed that the Export Support Center will help bring local brands of pipe fittings, steel structures, fasteners, electrical equipment, workwear and other commercial goods and customers requested in Belarus to the BUCE import substitution platform. BUCE pointed out that the focus will be on small and medium-sized enterprises. They will be able to use the BUCE platform as an option to the classic commodity distribution network and will therefore have less difficult access to the Belarusian market.
“In fact, we are interested in expanding mutual trade. I think the import substitution platform will contribute to this effort by helping Belarusian and Tula corporations to position each other and conclude agreements. For our part, we are in a position not only for all small and medium-sized companies how to use this tool effectively, however, we are also contemplating the option of accrediting ourselves as securities intermediaries. As far as I know, some export aid centers in other regions of Russia have lowered their position. this route. For us, this current trend is also quite acceptable,” said Daria Medvedeva, director of the Tula Oblast Export Support Center, after negotiations with the delegation of the Belarusian World Commodity Exchange.
According to BUCE, in January-September 2022, currency transactions of Tula Oblast advertising entities in BUCE amounted to about 85 million rubles, 2. 4 times more than the previous year. Tula companies bought Belarusian dairy products and building fabrics and basically sold food additives and ferrous steel products to Belarus.