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10 Apr 2018

Belarus, Ukraine mull joint truck crane production

KIEV, 10 April (BelTA) – Belarus and Ukraine plan to set up a joint venture in 2018 to produce truck cranes, Ukraine’s Deputy Minister of Economic Development and Trade Yuri Brovchenko told the media after the official opening of Made in Belarus expo in Kiev on 10 April, BelTA has learned.

“We plan to set up a joint company between Amkodor and Drogobych Truck Crane Plant. I think we will open the joint venture this year. It will produce truck crane equipment, and also construction and road vehicles,” the deputy minister said. There are also plans to sell these products to third markets.

According to Yuri Brovchenko, Ukraine is set to develop cooperation with Belarus in mechanical engineering and set up joint ventures. “There are also promising areas in healthcare and flax processing. Ukraine once had a well-developed flax processing sector. Today it is in decline. We can see that jointly with Belarus which has achieved great results in the field we will be able to develop the sector,” he said.

Speaking about the plans to increase trade, the deputy minister stated that it is important to keep the pace.

Made in Belarus expo is taking place at the Kiev International Exhibition Center on 10-14 April. Taking part in the exhibition are more than 50 Belarusian companies that have displayed their latest products in mechanical engineering and petrochemistry, transport and logistics, agriculture and food, light industry and tourism.

The exhibition in Kiev will also include a business program with presentations of Belarusian enterprises. The key event of the business program will be the conference "Ukraine-Belarus: prospects for cooperation" on 10 April. The event will be attended by representatives of government bodies of the two countries, the Belarusian Chamber of Commerce and Industry and the Ukrainian Chamber of Commerce and Industry.

The exhibition Made in Belarus in Kiev is organized by the Belarusian Chamber of Commerce and Industry. The operator is the Belinterexpo of the Belarusian Chamber of Commerce and Industry. The event is supported by the Embassy of Belarus in Ukraine, the Ukrainian Chamber of Commerce and Industry, government bodies and business associations of the two countries.

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