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Business news

1 Mar 2017

Most favorable business conditions promised to Georgian companies in Belarus

MINSK, 1 March (BelTA) – Belarus is ready to provide Georgian companies with most favorable conditions for doing business in the country, Belarus President Alexander Lukashenko said during expanded-participation talks with Georgia President Giorgi Margvelashvili on 1 March, BelTA has learned.

“The economies of Belarus and Georgia are complementary, which gives us advantages in mutual supplies. The Georgian side has considerable potential for exporting vegetables, fruit, wine and other southern products. Besides, we can jointly process the harvest of your orchards and fields. With this in mind, we are ready to provide Georgian companies with most favorable conditions for doing business, including in the free economic zones,” the Belarusian head of state said.

Alexander Lukashenko also said that there is a mutual interest in supplies of Belarus-made machinery and establishment of joint ventures and maintenance centers. “Industrial cooperation is an important area of interaction. We continue working to launch assembly of Belarusian light-duty tractors in Georgia. The plant will provide local farmers with affordable high-quality agricultural vehicles,” the Belarusian leader said.

Participation of Belarusian enterprises in the modernization of the elevator equipment in residential homes in Georgia is viewed as another promising cooperation field. For instance, the lift manufacturer Mogilevliftmash is ready to carry out a pilot project in one of the districts of Tbilisi and then expand it to other regions of the country.

Belarus hopes for support from the Georgian leadership with the development of industrial cooperation and placement of public contracts for jointly manufactured products. For its part, Belarus will work to increase the level of localization of the production of machinery and equipment.

“I hope that our agricultural practices will be of interest to you. Belarus has invested heavily in the development of an effective agricultural model that meets the demands of the global market. Our scientists, experts and specialists can share their best practices and help Georgian colleagues develop the agricultural sector,” Alexander Lukashenko added and noted that work is already underway in the mentioned areas.

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