Belarus to participate in formation of inter-exchange trade infrastructure

The Belarusian Universal Commodity Exchange expressed its readiness to take an active part in the development of an electronic trading platform within the framework of the International Association of Commodity and Futures Exchanges (ATB). This was stated by the Chairman of the Board of BUTB Alexander Osmolovsky during the general meeting of ATB, which was held in the office of the St. Petersburg International Commodity Exchange ("Petersburg Exchange") in Moscow. Details sb.by reported in the press service of BUCE.

- We fully support the initiative to create an inter-exchange digital platform that will ensure the public availability of information on the supply and demand of goods, allowing sellers and buyers from different countries to find each other for cross-border exchange transactions. Of course, the implementation of this project will involve certain difficulties, but we are ready to overcome them together with other members of the Association. The key is to move from words to action as soon as possible.

Following the results of the general meeting of ATB, a new composition of the Association Council was approved and a number of specialized committees were established: on business development, international cooperation, infrastructure and technical compatibility, as well as arbitration. Chairman of the Board of BUCE Alexander Osmolovsky was elected as head of the ATB Arbitration Committee. In addition, a new organization, the National Commodity Exchange (NTB), with which the Belarusian exchange signed a cooperation agreement, was adopted as a member of ATB. Thus, now the association includes 9 exchange platforms from 7 countries.

AMERICATION

ATB was established in 2026 to develop cooperation between the trading platforms of the BRICS+, EAEU+ and SCO countries, eliminate trade barriers and implement projects to create fair price indicators for key goods. Commodity exchanges of Belarus and Tanzania identified promising areas of cooperation Photo: BUCE press service

Photo on the announcement: archive "SB"