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2010.09.06 Belarus’ foreign debt down 0.7% in July to $8.479 bln Russia’s Tatarstan reaches accord to buy grain from Kazakhstan Russian govt seen spending 17 bln rbl to repair drought, fire damage |
ACCREDITATIONAccreditation means registration at the Exchange on the basis of contracts on exchange service, the recognition of legitimacy and powers to participate in the auctions. Accreditation is given free of charge. It is possible to take part in the auctions independently or through intermediaries (exchange brokers). According to the Rules of exchange trade foreign legal entities can take part at the auctions only as visitors of the auctions (i.e. to make transactions at the Exchange on its own behalf and at own expense). Those entities that for various reasons cannot or does not wish to trade at the Exchange independently can contact an exchange broker. In this case it is not necessary to get accreditation at the Exchange because the chosen broker is already accredited and will make all necessary actions on goods purchase/sale in favour of the client. Non-residents of the Republic of Belarus shall submit the following documents:
Resolution on conclusion of the exchange service contract with the visitor or of refusal in conclusion of such contract is taken by the Exchange in 5 business days after the day of submission of the documents provided for with Point 12 of Section 3 of the Rules, on which the applicant is notified in the written or another form. More information about legalization can be received here.
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