Business news

14 Jul 2022

Belarusian industry minister visits Samara Oblast of Russia

Photo courtesy of the Industry Ministry

MINSK, 14 July (BelTA) – A delegation of the Belarusian Industry Ministry headed by Industry Minister Piotr Parkhomchik is paying a working visit to Samara Oblast of Russia, BelTA learned from the ministry.

In furtherance of the agreements reached during the official visit of Samara Oblast Governor Dmitry Azarov to Belarus, a delegation of the Industry Ministry and a number of industrial enterprises of Belarus (BelGEE, BATE, MAZ, Belkommunmash, Mogilevliftmash and Horizont) began their visit to Samara Oblast with a tour of the largest automaker Avtovaz (20% market share in the Russian Federation).

The Russian side provided an opportunity to get acquainted with the LADA Granta and LADA Niva production sites. Substantive negotiations were held with the President and Chairman of the Board of Avtovaz Maksim Sokolov. The parties discussed ways to achieve a new level of interaction in industrial cooperation, import substitution and the level of localization. Special consideration was also given to scientific cooperation in these areas.

The parties agreed to draw up a draft agreement (roadmap).

The Belarusian delegation is also set to visit the Zhiguli Valley technopark and to hold negotiations on cooperation in the production of automotive components, to meet with the head of the Togliatti urban district, the government and business circles of Samara Oblast.