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Opinions & Interviews

8 Dec 2016

There are interesting proposals to boost Belarus and Russia’s joint exports, VEB Chairman says

There are interesting proposals to boost Belarus and Russia’s joint exports, VEB Chairman says

MINSK, 8 December (BelTA) – There are interesting proposals to boost Belarus and Russia’s joint exports, Sergei Gorkov, Chairman of the Russian state corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank), during a meeting with Belarus President Alexander Lukashenko on 8 December.

“We have been cooperating for some nine years already. Joint investments are over a billion. We have such large-scale projects as the nuclear power plant, and we have interesting ideas on how to boost Belarus and Russia’s joint exports. We have agreed with the government to conclude an agreement on this matter today. There are many opportunities for strengthening our cooperation,” Sergei Gorkov said.

He also thanked the Belarusian side for the support provided to the bank. “We always manage to find common ground,” the VEB Chairman stressed.

There are interesting proposals to boost Belarus and Russia’s joint exports, VEB Chairman saysBelTA reported earlier that the Belarusian government and the Russian state corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) plan to sign a memorandum of intent to establish an integration platform of development. The plans are formalized in Resolution No.994 of the Council of Ministers of 5 December 2016 published on the National Legal Internet Portal.

The document will be signed to promote sustainable development of the national economies and boost mutual trade between Belarus and Russia. It is expected that the memorandum will also be signed by the Russian Export Center, the Development Bank of the Republic of Belarus and Belvnesheconombank. First Deputy Prime Minister Vasily Matyushevsky has been authorized to sign the document on Belarus’ behalf.

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