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Opinions & Interviews

12 Sep 2016

Hope for more vibrant investment cooperation between Belarus and European companies

Hope for more vibrant investment cooperation between Belarus and European companies

MINSK, 13 September (BelTA) – In an interview with EU Today Ambassador Extraordinary and Plenipotentiary of Belarus to Belgium with concurrent accreditation to Luxemburg, Belarus’ Permanent Representative in the European Union Alexander Mikhnevich expressed hope for further development of investment cooperation between Belarus and the European companies, BelTA has learned.

“Many EU companies already have a presence in Belarus. The most interesting sectors include machine-building, electronics, chemical products, pharmaceuticals, timber, and agriculture,” Alexander Mikhnevich noted. In his words, main advantages in cooperation with Belarus include the country’s ideal geographic position and competitive and highly skilled workforce. “We also offer incentives for companies wishing to establish their manufacturing facilities in Belarus. As well as free economic zones, there are incentives for companies operating in rural areas and small towns. For large and important projects it is possible to sign an investment agreement with the government to obtain personalized incentives,” he said in an interview.

Alexander Mikhnevich added that he is looking forward to a full normalization of relations between Belarus and the EU. Among the main goals the diplomat plans to achieve in his role is “to build up a positive dialogue based on mutual trust.”

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