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Opinions & Interviews

3 Feb 2017

Lukashenko: Lifting of Western sanctions will give momentum to Belarus’ economy

Lukashenko: Lifting of Western sanctions will give momentum to Belarus’ economy

MINSK, 3 February (BelTA) – The lifting of Western sanctions should open up additional opportunities for the Belarusian economy, Belarus President Alexander Lukashenko said at the meeting with the members of the public, representatives of the Belarusian and foreign mass media on 3 February, BelTA informs.

“We did not deserve the sanctions. It is good that they were lifted. For example, we have started to make arrangements in the textile industry, etc. We want our economy to get at least ‘a breath of fresh air’ at the expense of the West,” the Belarusian leader said. According to the President, huge efforts will be required to promote Belarusian machine-building, petrochemical and other products on Western markets.

In this regard, the President of Belarus mentioned the role of financing. “There is a lot of money in the West, and if we could take loans with a relatively small interest rate there, it would be great for us. Therefore, it might be an opportunity to get cheaper money. We are working in various fields now, and such an opportunity emerges. It is not bad, isn’t it?” Alexander Lukashenko wondered.

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