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Belarusian, Ukrainian business circles sign documents worth over $500m in Zhitomir
ZHITOMIR, 3 October (BelTA) – Business circles and enterprises of Belarus and Ukraine have signed dozens of documents to the tune of over $500 million, BelTA learned from Chairman of the Belarusian Chamber of Commerce and Industry (BelCCI) Vladimir Ulakhovich after the eighth session of the Belarus-Ukraine advisory council on business cooperation, which took place in the Ukrainian city of Zhitomir on 3 October.
Vladimir Ulakhovich reminded that the 1st Forum of Regions of Belarus and Ukraine set a record of $140 million. In his words, agreements on shipping Belarusian products worth over $542 million were signed in Zhitomir.
“New avenues have been opened up with the relevant contracts signed. I am talking about not only conventional petrochemical industry and mechanical engineering but also about civil engineering, light industry, and food industry. We are expanding our export portfolio,” he pointed out.
Despite the impressive sum of the contracts the official believes Belarus and Ukraine have a lot of prospects to explore. “Infrastructure, logistics, and transport corridors represent a very popular topic that has not been fully converted into specific projects. We are talking about it, it is on the government’s agenda. But it is very important to convert all of it into specific projects because Belarus and Ukraine have a very powerful logistics potential,” Vladimir Ulakhovich noted.
Some 40 documents were signed as a result of the eighth session of the Belarus-Ukraine advisory council on business cooperation. Major Belarusian companies signed delivery contracts and cooperation agreements with Ukrainian partners among other things. The signatories include BNK Ukraine, Milkavita, BelAZ, MTZ, Belkommunmash, BMZ, the Belarusian state light industry concern Bellegprom, MAZ, Belsolod, the Baranovichi-based cotton yarn manufacturer Blakit, Mozyrsalt, the paper mill Spartak, Belarusian Cement Company, Krasny Pischevik, Mogilevliftmash, and Eximgarant of Belarus.
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