Belarus and Kazakhstan enhance trade cooperation by expanding exchange trading. BUCE reports a 36% rise in Kazakhstani transactions, with key exports including timber, dairy, and metals.
Belarus and Kazakhstan are set to expand exchange trading to boost trade and economic ties by encouraging wider use of exchange instruments, according to BelTA.
At a Belarusian-Kazakh exchange seminar in Astana, organised by the Belarusian Universal Commodity Exchange (BUCE) with government and business representatives, discussions focused on integrating exchange mechanisms into foreign trade and increasing mutual trade. Over 50 Kazakhstani businesses attended, highlighting strong interest in the Belarusian exchange platform.
BUCE Chairman Aleksandr Osmolovsky noted that enhancing ties with Kazakhstan aligns with efforts to create a unified commodity exchange market in the Eurasian Economic Union. He emphasised the role of exchanges in pricing, export promotion, resource distribution, and competition.
Key trade priorities include expanding Belarusian exports of timber, feed additives, and dairy products, while increasing imports of Kazakhstani metal products, coal, and grains. Currently, 154 Kazakhstani companies are accredited with BUCE, with trade volumes rising 36% in early 2025.
Founded in 2004, BUCE is one of Eastern Europe’s largest commodity exchanges, supporting Belarusian exports and helping foreign businesses enter the Belarusian market.
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the st...
Kazakhstan is stepping up investment in the Middle Corridor as rising freight volumes and demand for more diverse trade links drive the rapid expan...
Georgia’s International Maritime Forum has closed in Batumi with officials setting out investment targets, timelines and technical plans aime...
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
U.S. Central Command (CENTCOM) said its forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) allegedly launched two ballistic missile attacks against a U.S. Navy warship over the past two days.
Wildfires have broken out in Türkiye’s Antalya province, forcing hundreds of people to evacuate as strong winds fuelled the flames.
U.S. special envoys Jared Kushner and Steve Witkoff have held talks with Ukrainian President Volodymyr Zelenskyy in Kyiv on Sunday on efforts to end Russia’s war in Ukraine.
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the strikes a response to a U.S. attack on five Iranian tankers.
The United Nations has called for an immediate ceasefire in Sudan, warning that escalating drone warfare and attacks on civilian infrastructure are deepening the country's already devastating humanitarian crisis.
Climate leaders in Baku are calling for a shift from climate commitments to concrete action as day three of Baku Climate Action Week focuses on implementation, cooperation and measurable results.
Serbian President Aleksandar Vučić has dissolved parliament and called a snap election for 25 October, as he seeks to extend his political influence by running for prime minister.
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment