BAKU, Azerbaijan, April 17. The Belarusian Universal Commodity Exchange (BUCE) sees many promising prospects for trade with Turkmenistan, Head for Exchange's Foreign Relations Alexander Bashliy told Trend.
"There are prospects in agriculture, industry, and woodworking, but, in my opinion, it is advisable to start with lumber. Along with dairy products, this is a distinctive indicator of Belarus," he said.
According to him, Belarusian timber products are supplied through the exchange to more than 20 countries in the world, including Turkmenistan, where demand for wood products is consistently high, and therefore it is necessary to increase the volume of Belarusian exports by increasing the pool of Turkmen buyers and ensuring the rhythm of supplies.
"The first steps in this direction have already been taken: negotiations have been held with residents of Turkmenistan already accredited at the exchange, who for one reason or another have not participated in exchange trading sessions over the past year. As a result, most of BUCE's inactive clients from Turkmenistan plan to intensify their activities on the exchange platform in the near future," Bashliy said.
Furthermore, the representative of the exchange added that, in parallel, a search is underway for potential buyers of Belarusian dairy products and sugar, where there is certainly interest.
Meanwhile, at the end of March, a delegation from the Belarusian Universal Commodity Exchange's Department of Foreign Relations visited Ashgabat, where plans were announced to increase trade with Turkmenistan this year by realizing the exchange site's export potential, which is primarily due to lumber, dairy products, and sugar.
A number of meetings were held with potential importers of the timber industry and Turkmen food sector firms during the tour, which was coordinated by the Minsk branch of the Belarusian Chamber of Commerce and Industry in collaboration with the Embassy of Belarus in Turkmenistan.