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Pakistan keen on trading with Belarus via BUCE

“Exchange trade can bolster the development of Belarus-Pakistan trade and economic relations. The possibility to trade with some of the leading Belarusian enterprises without mediators and to be confident that every transaction will be fulfilled are the very advantages that allowed gathering and bringing to Belarus by far the largest Pakistani business delegation in the entire history of our cooperation. It seems to me this peaks volumes”, Sajjad Haider Khan, Ambassador Extraordinary and Plenipotentiary of Pakistan to Belarus, said during the visit to BUCE head office along with a delegation of the Pakistani business community. 

Pakistan keen on trading with Belarus via BUCE

Shahzad Sabir, Chairman of the Belarus-Pakistan Business Council, expressed a similar point of view. He believes that BUCE’s digital tools and solutions are particularly relevant today when Pakistan has learned how to operate amid the pandemic and the country's economy is gradually transitioning to sustainable growth.

Pakistan keen on trading with Belarus via BUCE

Pakistan keen on trading with Belarus via BUCE

“Our country seeks to intensify interaction with all its trade partners, including Belarus. Despite a rather modest turnover between our countries, we see a considerable potential for the development of mutual trade primarily in agriculture, woodworking, metallurgy, and petrochemical industry. Sure enough, it will require some time but I am confident that the use of the Belarusian Universal Commodity Exchange will help reach our goals much faster. In essence the entire Belarusian industrial sector and agriculture are represented on the commodity exchange. It will be of great assistance to Pakistani companies willing to do business in Belarus”, the Pakistani official said.

Pakistan keen on trading with Belarus via BUCE

In his turn, Alexander Osmolovsky, BUCE Chairman of the Board, confirmed the exchange's readiness to become a digital bridge between Belarus and Pakistan and promised to create the most favorable business environment for Pakistani companies.

Pakistan keen on trading with Belarus via BUCE

“The universality of exchange trade is manifested in our ability to effectively organize trade in any products and on any market. This is why the Belarusian Universal Commodity Exchange is popular with metal producers from Russia, leatherworking companies from Italy and the UK, and woodworking enterprises from China and Egypt. Overall, the geography of exchange trade currently encompasses 68 countries. I hope that the plans that we have discussed today will soon become a reality and Pakistani companies will start using our digital tools on a regular basis. We will do our best to speed up this process”, BUCE CEO stressed.