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12 Nov 2019

Strategic priorities in Belarus-Austria cooperation on agenda

Strategic priorities in Belarus-Austria cooperation on agenda

VIENNA, 12 November (BelTA) – Belarus and Austria are discussing strategic priorities in cooperation, including in the sphere of information technologies, BelTA learned from Chairman of the Belarusian Chamber of Commerce and Industry Vladimir Ulakhovich in Vienna on 11 November.

According to him, the Belarusian-Austrian business forum, which is scheduled to take place in Vienna on 12 November, has caused a lot of interest among Austrian partners. “They even go as far as saying it is a historical event. Over 200 Austrian companies have been registered to participate in the forum as of today. The Belarusian side is represented by about 40 companies specializing in various spheres,” Vladimir Ulakhovich said.

Seven commercial documents are supposed to be signed during the forum. They will add a lot to Belarus-Austria trade. But apart from that the sides are discussing a number of new topics and avenues of cooperation. “Simple trade doesn’t hold a lot of promise. This is why working out strategic priorities in our economic interaction will be the idea. Those include logistics, green energy, woodworking, and information technology. We have discussed these cooperation priorities with the Austrian Federal Economic Chamber. We need to work on them, flesh them out with concrete projects and promote them,” the chairman of the Belarusian Chamber of Commerce and Industry said.

The forum will showcase success stories of the Austrian business in Belarus. The forum will start from a business match-making session. “We are using new strategic approaches in order to make the most of the Austria-Belarus cooperation,” Vladimir Ulakhovich said.

He noted that cooperation with Austrian partners helps build ties with other European countries. “Austria has always been on our side in Europe. Everyone knows that Austria has always supported us at the political level and in business. The investment forum Belarus-European Union has been recently held at the Austrian Federal Economic Chamber. Austria is a very important partner for us. It has always been the starting point for promoting Belarus’ relations with Europe,” Vladimir Ulakhovich said.

He praised the work of the Belarus-Austria business cooperation council that was set up several years ago. “This is an example of cooperation between business communities. The council provides financial support instruments, it is a platform to present new projects and, most importantly, it is a place where we can discuss current issues and challenges with ministers and high-ranking officials. It works,” Vladimir Ulakhovich said.


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