OREANDA-NEWS. On March 7, 2014 Nils Ljung, CEO of Uppsala Data & Mjukvara AB (Sweden), paid a visit to the headquarters of the Belarusian Universal Commodity Exchange (BUCE). The Swedish businessman held talks with the BUCE administration. The sides discussed possible areas of cooperation between the BUCE and UDM, including mutual representation in the Republic of Belarus and in the Scandinavian Region.

Given UDM's avid interest in wood trading, the sides talked over BUCE's capabilities in this field and agreed that joint projects in timber and wood industry will become the starting point of the long-term and mutually beneficial cooperation.

Based on the results of the talks, the sides signed a memorandum of understanding.