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Opinions & Interviews

21 Apr 2017

Belarus President urges green light to investors

Belarus President urges green light to investors

MINSK, 21 April (BelTA) – Belarus President Alexander Lukashenko emphasized the need of securing the green light to investors during his annual State of the Nation Address on 21 April, BelTA has learned.

“The first thing we should do is to change our attitude to investors. It is inadmissible for the capital owner to waste time knocking on different doors and seeking ways to invest in Belarus. We should secure the green light to the investor. All the relevant matters should be addressed in a speedy fashion for investors,” the head of state said.

According to the president, the country offers favorable conditions for investors. Belarus has secured macroeconomic and political stability, has developed the corresponding legislation. The country draws no distinction between domestic and foreign investors. “The question is: If we have all the necessary conditions, why is the volume of investment shrinking? Where do we fail to deliver?” the Belarusian leader said.

“Today, friendly China is overtaking the position of the world’s biggest investor. All our regions have established twinning relations with Chinese provinces, agreed on concrete projects. Why are there no tangible results?” the president wondered.

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