A unified electronic marketplace of the Belarusian State Company for Oil and Chemicals has been created to optimize the export of oil, chemical, and petrochemical products for the companies of the system of the «Belneftekhim» concern.
A special software product, eTrading System, has been developed to hold electronic auctions. Access to the marketplace, registration, and participation in auctions is performed via a Web browser.
Basic principles for holding e-auctions are creating a favorable environment for non-priviledged competition, general requirements and merits for objective assessment for all tenderers, guaranteeing equal rights and responsibilities to the participants, and enforcement of tender commitments.
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