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 In Belarus energy industry investors will be offered taxation preferences, First Vice Premier of Belarus Vladimir Semashko said at the IV international investment forum in Mogilev on October 9. In his words, the government has prepared two new energy industry bills meant to encourage investments into the industry. They grant taxation preferences for up to 7 years. Investors are expected to recoup their money within five years and use the remaining two years to develop their companies, said Vladimir Semashko.
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BELARUS TO ALLOCATE BR625.3BN TO ADDRESS CHERNOBYL PROBLEMS IN 2008
 In 2008, Br625.3 billion will be allocated from the national budget to address the Chernobyl problems, Emergencies Minister of Belarus Enver Bariev said at a session of the Council of Ministers Presidium on March 19. The session focused on the implementation of the Chernobyl programme 2006-2010. According to the minister, Br107.5 billion will be assigned in 2008 to finance the construction of water supply networks, housing for the specialists who have come to work in education, health care institutions and agriculture organisations and also the accommodation for disabled people whose disability is associated with the Chernobyl, construction of children’s medicinal establishments and extending gas supply networks.
Br130.3 billion will be spent on protective measures in agriculture and forestry, radiation protection of the people working in the contaminated areas, purchase of mineral fertilizers, lime treatment of acid soil, redeployment of companies located in the contaminated territories. Br21.8 billion will be injected into the measures to improve municipal and medical services in the affected regions.
Br1.3 billion will be used to finance the special regime of resettled areas and to prevent unauthorized activity in the regions contaminated with radionuclides. Br8.3 billion will be put into decontamination of socially important facilities and other rehabilitation measures. Br4.9 billion will be funneled into research in radiation protection of the population.
In 2007, the country utilised Br632.8 billion to address the Chernobyl problems, Br516.6 billion was subventions transferred to the oblast budget. Enver Bariev said there is a need to increase the responsibility of all executors of the Chernobyl programme. “It is not always that we respond promptly to a situation. We have the potential to increase the efficiency of the work in mitigating the consequences of the Chernobyl disaster,” the minister said.
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© 2005-2008 Staff of the Council of Ministers of the Republic of Belarus
No part of this information may be reproduced in any form without reference
Information support from the Republican Unitary Enterprise Belarusian News Agency
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 On October 7, Deputy Prime Minister of Belarus Andrei Kobyakov and First Deputy Chairman of Government of the Russian Federation Igor Shuvalov met in the Brest oblast to discuss the issues of further development of the trade and economic relations between Belarus and Russia.
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 In the near future Belarus and Ukraine intend to set up joint ventures in the engineering industry, First Deputy Prime Minister of Belarus Vladimir Semashko told reporters after the 15th session of the Belarus-Ukraine Intergovernmental Commission for Trade and Economic Cooperation in Kiev on October 7.
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 Belarus and Russia should coordinate their efforts in the economic area in the conditions of the global financial crisis, Prime Minister of Belarus Sergei Sidorsky said as he met with Russian Premier Vladimir Putin in the run-up to the session of the Union State Council of Ministers.
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 In 2008, the trade between Belarus and Ukraine will exceed $5 billion, First Deputy Prime Minister of Belarus Vladimir Semashko said. The First Vice Premier is the head of the Belarusian delegation at the 15th session of the Intergovernmental Belarusian-Ukrainian Commission for Trade and Economic Cooperation which is being held in Kiev on October 6-7.
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 Belarus is ready to carry out big projects with the participation of the European Bank for Reconstruction and Development (EBRD), Belarusian Prime Minister Sergei Sidorsky noted during his meeting with Varel Freeman, the EBRD First Vice President.
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 Many major projects in Belarus are implemented with the participation of Austrian capital and technologies, Deputy Prime Minister of Belarus Andrei Kobyakov said as he met with Johann Zaks, Director General for Foreign Trade Issues of the Federal Ministry of Economics and Labour of Austria, co-chairman of the Belarusian-Austrian committee on trade and economic cooperation in Minsk on October 2.
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 Enterprises producing biofuel will be set up in all the regions of Belarus, Belarusian Prime Minister Sergei Sidorsky told reporters.
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 On October 1, 2008, Belarus will down the crude oil export duty from $495.9 to $372.2 per tonne. The Council of Ministers issued relevant resolution No 1426 of September 27.
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 A multifunctional trade and logistics centre as well as administration and business and expo centres of the Republic of Belarus will open in Kazakhstan. Their opening was discussed at the fifth session of the Belarusian-Kazakh trade and economic cooperation commission in Astana. The Belarusian delegation was led by Deputy Prime Minister Ivan Bambiza, the Kazakh delegation — Emergencies Minister Vladimir Bozhko, the press service of the Foreign Ministry told BelTA.
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