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23 Apr 2016

Belarus aims for rational import substitution

MINSK, 25 April (BelTA) – Belarus will do everything necessary for the sake of increasing rational import substitution, BelTA learned from Head of the Belarus President Administration Alexander Kosinets, who talked about the possible tasks that may be set during the 5th All-Belarusian People’s Congress.

Alexander Kosinets noted that the national R&D park Belbiograd is being created in Belarus. The project’s development will produce an import substitution effect worth about $3 billion. Enterprises focusing on nano and information technologies, robot technologies will be built in the China-Belarus industrial park Great Stone as well.

Apart from that, intensive efforts will be exercised to develop the domestic production of automobile components. “It is necessary to substitute imported components used in MTZ, MAZ, BelAZ, Gomselmash, and Amkodor vehicles,” said Alexander Kosinets. “We will never abandon our brands. We will do our utmost for the sake of their development.”

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