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Opinions & Interviews

13 Jun 2018

Medvedev: Belarus-Russia economic cooperation is on the rise

Medvedev: Belarus-Russia economic cooperation is on the rise

MOSCOW, 13 June (BelTA) – Trade and economic cooperation between Belarus and Russia is overall on the rise, Russia’s Prime Minister Dmitry Medvedev said at a session of the Union State Council of Ministers in Moscow on 13 June. The session is attended by Prime Minister of Belarus Andrei Kobyakov, BelTA has learned.

Dmitry Medvedev reminded that in 2017 the bilateral trade rose by 23.5% up to $32.4 billion. This year the trend remains in place - the growth made up 17% over the four months of the year.

The Russian head of government emphasized that four out of five payments in mutual trade are settled in Russian rubles. He believes this contributes to the de-dollarization of the economies.

Reviewing the agenda of the session, Dmitry Medvedev put an emphasis on budgeting, transport, balance of trade in key products, establishment of the common science and technology space.

“June was quite busy for Russia-Belarus relations,” Dmitry Medvedev noted. He reminded that the premiers had met in Dushanbe at the beginning of the month and the session of the High-Level Group of the Union State Council of Ministers took place last week. The Supreme State Council of the Union State is scheduled for the upcoming week. “Such intensive contacts testify to the high level of integration,” Dmitry Medvedev underlined.


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