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8 Dec 2016

Plans for integration platform to boost Belarus-Russia trade

MINSK, 8 December (BelTA) – The Government of Belarus and the Russian state corporation "Bank for Development and Foreign Economic Affairs” (Vnesheconombank) plan to sign a memorandum of understanding to set up an integration development platform. The relevant decision is laid down by Council of Ministers’ executive order No.994 of 5 December 2016 that was officially published at the National Legal Internet Portal.

The document will be signed to promote sustainable economic development of the national economies and strengthen mutual trade between Belarus and Russia.

It is expected that the memorandum will also be signed by the Russian Export Center, the Development Bank of the Republic of Belarus and Belvnesheconombank.

First Deputy Prime Minister Vasily Matyushevsky has been authorized to sign the document on Belarus’ behalf.

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