Geography of exchange trading in Belarus
Chronicle of international cooperation
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The Belarusian Universal Commodity Exchange (BUTB) has been showing impressive rates of sales of domestic goods to foreign companies since the beginning of 2024. Among the reasons for the exchange platform's successful performance are the increase in the number of non-resident buyers, the opening of new markets, the introduction of additional commodity positions, as well as the opening of the exchange's representative office in Shanghai, the expansion of the network of exchange brokers in Central Asian countries, the introduction of the mechanism of exchange-targeted transactions, and the inte...
The Belarusian Universal Commodity Exchange (BUTB) has been showing impressive rates of sales of domestic goods to foreign companies since the beginning of 2024. Among the reasons for the exchange platform's successful performance are the increase in the number of non-resident buyers, the opening of new markets, the introduction of additional commodity positions, as well as the opening of the exchange's representative office in Shanghai, the expansion of the network of exchange brokers in Central Asian countries, the introduction of the mechanism of exchange-targeted transactions, and the intensification of cooperation with Belarusian diplomatic missions abroad. In 2024, BUTB continues to be active in the market of the People's Republic of China (PRC) to develop export-import opportunities and increase the exchange turnover between the two countries. This is evidenced by the figures: as of the beginning of October 2024, 224 residents from the People's Republic of China have already been accredited at the exchange, three of whom have the status of stockbrokers. How is BUTB expanding cooperation with other countries on the Asian continent, including Mongolia, South Korea, Vietnam, the United Arab Emirates, Oman, Jordan, Turkey and others, as well as in Africa? This is the subject of this study.
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