The leading German expert on derivatives market Professor Jörg Henning Franke and consulting company Berlin Economics specialist Robert Kirchner for the purpose of developing co-operation between Belarusian Universal Commodity Exchange OJSC (BUCE), Deutsche Börse Group and German Economic Group in the Republic of Belarus visited Minsk on
1–4 November, 2010.
Reference: consulting work of German experts in the Republic of Belarus is funded by the Federal Ministry of Food, Agriculture and Consumer Protection of Germany.
German experts acquainted themselves with BUCE during the visit, besides negotiations were held with participation of concerned departments and executives of BUCE, representatives of the Belarusian government and business community on issues related to creation and development of futures commodity market in Belarus.
Reference: creation of futures commodity market is made by BUCE in response to the request of the Council of Ministers of the Republic of Belarus of May 26, 2009 No. 32/221-439 and in accordance with authorized concept of
futures commodity market creation in the Republic of Belarus.
As a result of the visit German experts expressed interest in developing co-operation and attracting European business attention to creation of futures commodity market in Belarusand training of potential futures commodity market participants.