BUCE attends Belarus-Latvia business forum

09/18/2016

On September 16, BUCE working group took part in the 7^th Belarus-Latvia business forum in Riga (Latvia) during which Anatoly Zaretski, BUCE Vice-Chairman, gave a speech on “Outlook and opportunities for using BUCE electronic platforms to boost Belarus-Latvia mutual trade”.

When speaking in front of over 100 businessmen from Latvia, Lithuania and Estonia, BUCE senior executive focused on the advantages of using the exchange mechanism in cross-border trade and highlighted promising areas for further development of bilateral and multilateral cooperation. A positive role played by BUCE in bolstering trade and economic relations was also mentioned by Andris Ozols, Director of the Investment and Development Agency of Latvia, and Georgy Voevoda, Economic Counselor of the Ministry of Economy of the Republic of Latvia.

Given the importance of exchange trade instruments for establishment of closer business ties between Belarusian and Latvian economic agents, a separate section of the forum was dedicated to exchange trade in goods. The participants of the section, including Marina Dolgopolova, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Republic of Latvia, examined the potential of leveraging BUCE’s electronic platforms as a means to intensify trade between Belarusian and Latvian companies and shared proposals regarding possible expansion of interplay in this field.

The 7^th Belarus-Latvia business forum enabled BUCE to reach agreements with a number of Latvian companies willing to boost the volume and value of their exchange transactions, particularly with timber as well as industrial and consumer goods. Additionally, BUCE delegation managed to discuss the plans on attraction of new Baltic companies to BUCE’s trading platforms with Andris Spulis, BUCE representative in Latvia, and streamline his brokerage activity in the Latvian market.

For reference. The 7th Belarus-Latvia business forum was organized by the Investment and Development Agency of Latvia (LIAA), the Society for Promotion of Latvia-Belarus Economic Liaisons (LBESVB), and the Embassy of the Republic of Belarus in the Republic of Latvia.

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Personal data processing policy

The policy with which the user agrees by submitting their contact information through the feedback form on the official website of the Belarusian Universal Commodity Exchange.

Personal data processing policy

1. Personal data processing policy (hereinafter – Policy) regulates the legal relationship between the Belarusian Universal Commodity Exchange (hereinafter – BUCE) and the User (a capable individual aged 18 and above who wants to order services or leave feedback) regarding personal data processing. Personal data means any information related directly or indirectly to a specific or identifiable individual (citizen). Personal data processing means any action (operation) or a set of actions (operations) with personal data performed using automation tools or without them. Such actions (operations) include but are not limited to: collection, receipt, recording, systematization, accumulation, storage, clarification (updating, editing), extraction, use, transfer (distribution, provision, access), depersonalization, blocking, deletion, and destruction of personal data.

2. The User agrees to this Policy by entering their e-mail address and phone number in special fields in the feedback request form available on the BUCE website and then clicking the “Submit” button. When performing these actions, the User sends BUCE their e-mail address and phone number for further communication purposes.

3. By providing their personal data, the User agrees to have these data processed (until the User decides to withdraw their consent to processing of such data) in order to provide the User with advertising and reference information as well as other purposes in accordance with clause 4 of this Policy. When processing personal data, BUCE shall act in compliance with the Law of the Republic of Belarus of November 10, 2008 No. 455-3 “On Information, Informatization and Information Protection” taking into account the provisions of the General Data Protection Regulation of the European Union of April 27, 2016, the Law Of the Republic of Belarus of May 10, 2007 No. 225-3 “On Advertising” as well as local regulatory documents.

4. If the User wishes to amend personal in cases when such data are incomplete, inaccurate or irrelevant, or wants to revoke their consent to personal data processing, the User must submit an official request to BUCE: a letter with the subject “Amend personal data” or “Stop processing personal data” to the email address uc@ecp.by. The letter must include the User’s email address and the corresponding request.

5. BUCE uses the data provided by the User for the following purposes:

5.1. further communication with the User;

5.2. advertising and awareness raising activities;

5.3. promotion of goods and services;

5.4. surveying and polling;

5.5. analyzing efficiency of advertising campaigns.

6. BUCE undertakes not to transfer the information received from the User to third parties. Disclosure of personal data to advertisers and third parties acting under a contract with BUCE in order to fulfill obligations to the User shall not be deemed a violation of this Policy.

7. Disclosure of personal data in accordance with reasonable and applicable requirements of the legislation of the Republic of Belarus shall not be deemed a violation of this Policy.

8. BUCE has the right to use the “cookies” technology. “Cookies” do not contain confidential information and are not transferred to third parties.

9. BUCE has access to information about the User's ip-address and the original link that led the User to BUCE website. This information is not used to identify the User.

10. When processing personal data, BUCE takes necessary and sufficient organizational and technical measures to protect personal data from unauthorized access as well as any other actions of illegal nature.

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