BR-Consult to assist BUCE in attracting China Merchants Group as broker

<p> MINSK, Jul 27 - PrimePress. BR-Consult, a Belarus Development Bank subsidiary specializing in export-oriented investment projects, says they will provide assistance to the Belarusian Universal Commodity Exchange (BUCE) in attracting China Merchants Group as a broker. The parties made an agreement to this effect on July 26 as a result of the visit of the BR-Consult management to the BUCE. </p> <p>   </p> <p> “We maintain close ties with China Merchants Group and are ready to assist BUCE in attracting the corporation as a broker. I am sure that the Chinese partners will be keen to cooperate with BUCE that offers a wide range of products of major Belarusian enterprises that are in demand in China. For its part, BUCE could use the well-developed storage infrastructure and logistics capacities of China Merchants Group,” the BUCE press-service reports citing BR Consult Director Andrei Mitskevich as saying. </p> <p>   </p> <p> “At present, there are 48 Chinese companies accredited at BUCE, but those are mostly small and medium-sized enterprises. Working with such a big player as China Merchants Group would significantly expand our opportunities for supplying Belarusian goods to China. I am talking not only about timber products, but also about almost the entire range of exports, including rapeseed oil, dairy products, meat, and semi-finished leather,” said BUCE chief Alexander Osmolovsky. </p> <p>   </p> <p> China Merchants Group is the founder of a joint company for the development of the China-Belarus Industrial Park Great Stone and the largest investor in the park. </p> <p>   </p> <p> The Belarusian Universal Commodity Exchange (BUCE) was established in 2004, the first trading session was held on June 2, 2005. As of July 1, 2021, 26,254 companies (including brokers’ customers), including 5.218 thousand non-residents, were accredited on the exchange. End </p>

2021-07-28

Primepress