SMEs account for 64% of the platform users. Most of them produce and supply products that replace those commodities that came under the sanctions. Thus, besides providing the country's domestic market with critical imports, the BUCE trading platform also encourages SMEs to get involved in the import substitution effort.
According to the representative of the exchange, in the conditions of increased demand for food and strengthening trade and economic relations within the Eurasian Economic Union, the exchange mechanism is able to realize the export potential of the Belarusian agro-industrial complex in the most effective way.
BUCE's Committee on Building Materials set the key principles and mechanism for selling construction industry products via BUCE for the domestic market during its meeting at the central office of the Belarusian Universal Commodity Exchange.
The Belarusian Universal Commodity Exchange with the participation of the National Agency for Investment and Privatization held consultations with the Dutch retailer VidaXL regarding the implementation of a large-scale investment project in woodworking in Belarus.
China Merchants CHN-BLR Commerce and Logistics Company (CMCB), which is part of China Merchants Group, is ready to become the logistics operator of the Belarusian Universal Commodity Exchange (BUCE) in Asia, head of the Business Development Division at CMCB Zhang Long said.