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Opinions & Interviews

29 Sep 2016

PM: Belarus is strengthening cooperation with international financial institutions

PM: Belarus is strengthening cooperation with international financial institutions

MINSK, 29 September (BelTA) – Belarus is entering a new level of cooperation with international financial institutions, Belarusian Prime Minister Andrei Kobyakov said at the opening ceremony of the forum Broadening the Horizons: Investment, Finance, Development in Minsk on 29 September, BelTA has learned.

“Belarus is entering a new level of cooperation with international financial institutions. Together, we develop and implement structural policy measures in the economy and finances. The are used in drafting national program documents for the short to medium term,” Andrei Kobyakov noted.

He said that the dialogue with the business community will develop in a similar manner. “Our today’s forum attests to this,” the Prime Minister stressed.

Andrei Kobyakov pointed out that Belarus has developed a good legal framework for attracting foreign investments. “Foreign businesses are invited to enjoy preferential treatment in Belarus’ free economic zones, at the Hi-Tech Park, the industrial park Great Stone, which make up a considerable part of the country’s territory,” the head of the Belarusian government emphasized.

PM: Belarus is strengthening cooperation with international financial institutionsMinsk is playing host to the forum Broadening the Horizons: Investment, Finance, Development on 29 and 30 September. The event is expected to encourage an open dialogue among representatives of Belarusian government agencies, international financial institutions, foreign investors, national business and the expert community who will discuss relevant aspects of investment cooperation. The forum aims to draw the attention of potential investors to Belarus as a promising investment platform.

The event has brought together some 300 participants. The experts discuss strategies for attracting foreign investments to Belarus, prospects for investment cooperation with the financial institutions of the European Union, the Eurasian Economic Union and China, and the opportunities for involving U.S. investors in Belarusian projects. There are plans to develop a road map to set major directions for agreed actions to improve the institutional environment for expanding the investment and funding opportunities. This will contribute to the development of the public and private sectors of the Belarusian economy.

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