Cistran Finance Exploring the Spirit of Capitalism's New Frontier

Saturday, April 4, 2020

Belarus to seek enhanced trade with Russia

Belarus Premier, Andrei Kobyakov.

Belarus Prime Minister Andrei Kobyakov announced plans to balance trade with the Orenburg region of Russia during a meeting with the region's governor on Monday.

The plan would likely involve increased production of agricultural machines and manufacturing activity. Kobyakov noted that Belarus machines have shown to be competitive in price and performance. 

"We have quite a respectable volume of trade with you," Kobyakov said. "It was as high as $1 billion in the past. Now the mutual trade volume has been halved [to nearly $543 million in 2014], but at any rate we intend to accomplish the serious task of balancing the trade turnover volume as much as possible."

Other areas that the prime minister mentioned in the meeting include the idea of supporting public transportation in urban and suburban areas in the region. He stated that Belarus has a strong record of developing vehicles of this kind; he also recommended sharing the nation's collective experience with civil engineering. 

“We already have certain experience in this field and can implement projects as effectively as possible with minimal costs," Kobyakov said.

Organizations in this Story

Government of Belarus

Want to get notified whenever we write about Government of Belarus ?
Next time we write about Government of Belarus, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.