Business news

MINSK, 17 November (BelTA) – Belarus suggests advancing manufacturing cooperation and projects in the sphere of electric transportation to Germany, BelTA learned from Belarusian Minister of Foreign Affairs Vladimir Makei during the Minsk Forum on 17 November.

Vladimir Makei said: “We see additional opportunities for stepping up economic cooperation through opening new joint ventures meant to make high-tech products. I am convinced that the advancement of manufacturing cooperation, in which Belarusian companies could supply intermediate products and components with a high degree of processing, also meets interests of the sides and has good and justified prospects. We are already in negotiations on several cooperation avenues, which look full of promise for Belarus and Germany.”

In his words, modernizing the production sector is one of the key tasks the Belarusian economy faces. Belarus is extremely interested in studying the German experience and borrowing the best practices of developing the production sector as part of the Industry 4.0 concept. This interaction can be beneficial for both sides.

“We have something to be proud of as far as accomplishments in the information technology sphere are concerned. Belarus is the world’s second country in terms of the share of the development of information technologies in the GDP per capita. We are also interested in establishing manufacturing cooperation in the sphere of electric mobility. Both countries pay close attention to this sphere now. It will have a substantial impact on the future development of automobile engineering. I hope we will soon start discussing the implementation of concrete projects in this sphere,” said Vladimir Makei.

The Belarusian minister of foreign affairs stressed that there is no doubt that Germany is one of the key partners of Belarus along the western vector in the European Union. “This partnership is extremely important for us. This partnership became possible largely due to successful efforts aimed at overcoming consequences of the well-known pages in our common history. I am glad that our dialogue and cooperation in preserving the historic memory about World War Two continue,” noted Vladimir Makei.