Business news

Great Stone, Bashkortostan’s Development Corporation sign memorandum of cooperation

MINSK, 26 May (BelTA) – The Administration of the Great Stone Industrial Park and the Development Corporation of Bashkortostan have signed a memorandum on cooperation, BelTA learned from the press service of the park.

The signing ceremony took place in Ufa as part of a meeting of the working group  on cooperation between the Republic of Bashkortostan and Belarus.

The document is aimed at developing business ties between the industrial park and Bashkortostan, interaction on improving the business environment and investment climate. The parties have agreed to provide mutual assistance in carrying out various joint events.

The administration also presented the Great Stone Industrial Park and its doing business conditions.

The China-Belarus Industrial Park Great Stone is a special economic zone with a special legal regime. It is located 25km away from Minsk. The park’s priority development areas include mechanical engineering, electronics and telecommunications, biotechnologies, pharmaceutics, new materials, logistics, digital commerce, big data storage and processing.

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