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9 Dec 2015

Belarus marks progress in trade with Europe after sanctions halt

MINSK, 9 December (BelTA) – Belarus’ trade with a number of European countries improved once the EU halted its sanctions, Deputy Chairman of the Belarusian Chamber of Commerce and Industry (BCCI) Vladimir Ulakhovich told media on 9 December, BelTA has learned.

In particular, Belarus’s trade relations have received a boost with the countries such as Spain and France. “The ongoing crisis has made our partners completely revise the relations. The political paper patterns that restricted our cooperation do not work any longer. Everyone thinks about the pragmatic agenda which is focused on trade and economic ties,” Vladimir Ulakhovich said.

According to Vladimir Ulakhovich, building up export will be the key target in Belarus in 2016. The country will be working to expand the presence in the traditional markets and to explore new ones in Africa, Latin America, and Southeast Asia. For this purpose the interaction is being expanded with the diplomats accredited in Belarus.

For example, on 9 December the Minsitry of Foreign Affairs hosted a meeting of the department of foreign economic activity, major Belarusian export support organizations, representatives of the diplomatic corps, trade missions and honorary consuls accredited in Belarus. The participants were briefed about the country’s export and investment capacities, the activities of the Belarusian Chamber of Commerce and Industry and the National Agency of Investment and Privatization. The participants of the meeting will also visit the National Center for Marketing and Price Study to get familiar with the export promotion efforts by the center and its regional branches.

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