OREANDA-NEWS. The Russian office of the Belarusian Universal Commodity Exchange (BUCE) played host to a meeting between Oleg Yakubovich, head of BUCE Russian office, and Yuri Shostak, official representative of Africa Union Holdings Ltd. (South African Republic).

A joint project successfully implemented by BUCE and Africa Union Holdings Ltd. resulted in the creation of a regional electronic trading platform of industrial and consumer goods - Africa Union Commodity House (AUCH) - that enables manufacturers and consumers from the Customs Union countries (Belarus, Kazakhstan and Russia) to establish solid business relations with their South African partners.

The main topic on the agenda of the meeting in Moscow was coordination of efforts aimed at recruitment and accreditation of economic agents from the Customs Union at BUCE and AUCH electronic platforms so that they could trade with South African companies.

The participants of the meeting shared useful experience, discussed peculiarities of both trading platforms and mapped out a joint course of action to further expand their mutually beneficial cooperation. Oleg Yakubovich told his counterpart about 3 years of BUCE Russian office's operation in the Russian market, including the main results of its activity designed to bring more Russian companies to BUCE. Special attention was paid to active cooperation with Russia's trade unions and associations as a means of boosting the mutual trade between Belarus and Russia.

Yuri Shostak was particularly interested in BUCE Russian office's positive experience of accrediting Russian companies at BUCE's electronic platforms and namely the platform of industrial and consumer goods.

On the same day, the Russian city of Tula hosted talks with Nikolai Duritski, General Director of Trading House Granit (Russian Federation) and Mikhail Polyakov, representative of Novomoskovsk branch of EuroChem (Russian Federation). The talks were arranged by BUCE Russian office with a view to discuss possible shipments of cement and mineral fertilizers to the South African Republic.