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Sunday, April 5, 2020

Belarus to tap Chinese expertise in financing business ventures

The Belarusian Innovative Foundation is going to draw on China's expertise and knowledge in financing venture projects.

Yuri Lukashevich, aide to the chairman of the Belarusian State Committee for Science and Technology, said it plans to find experts to promote the Chinese-Belarusian Industrial Park, BelTA reports.

Lukashevich said Belarus will soon discuss the establishment of a Belarusian-Chinese venture foundation with Chinese venture companies and banks.

He also said that during a recent visit to China, a Belarusian delegation took part in the 11th session of the Belarusian-Chinese intergovernmental commission for cooperation in science and technologies, as well as the Harbin international forum of scientific and technical cooperation, according to BelTA.

During the visit, the committee and the department for science and technology of the Heilongjiang Provincial People's Government signed an agreement of cooperation in science and technologies, including information technologies, bio-pharmaceutics, new materials and energy conservation.