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THE ESSENTIAL
Belarus to develop potato processing
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Potato processing will be developed in Belarus, Prime Minister of Belarus Sergei Sidorsky told media during his working trip to Brest Oblast on 1 September.
 

THE CONSTRUCTION OF FACILITIES IN MOSCOW AND MINSK GOES IN LINE WITH THE AGREEMENTS

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The House of Moscow cultural and business centre will open in Minsk in the near future, First Deputy Mayor of Moscow Vladimir Resin told Prime Minister of Belarus Sergei Sidorsky in Minsk.

“This cultural and business centre will help strengthen the relations between Belarus and Moscow, expand cooperation prospects,” Vladimir Resin said.

Vladimir Resin confirmed the readiness of Moscow authorities to fulfill their commitments. “Despite the crisis we will meet the commitments we have made,” he stressed.

The delegation take part in the celebrations dedicated to the 65th anniversary of the liberation of the Republic of Belarus from the Nazis.

Prime Minister of Belarus Sergei Sidorsky thanked the First Deputy Mayor of Moscow and the members of the delegation for their visit to Minsk on this remarkable day.

The construction of facilities in Moscow and Minsk goes in line with the agreements, said Prime Minister of Belarus Sergei Sidorsky as he met with First Deputy Mayor of Moscow Vladimir Resin.

“We do not abandon construction projects, the financing is open. We keep to the agreements we have made,” Sergei Sidorsky said.

According to him, a lot of problems emerge due to the current economic downturn. “However, we should discuss all the moot points, it would help settle them,” he said.

The Prime Minister stressed that in a meeting with Vladimir Resin they discussed food deliveries from Belarus to the Russian capital. “Both the sides are interested in intensifying the trade. We have agreed to expand the assortment of products on the markets of Belarus and the Russian capital,” Sergei Sidorsky said.

A vehicle assembling manufacture may be opened by the two countries in Moscow. The statement was made in a meeting.

“We have been actively working towards opening a joint assembling enterprise. At present we are expecting an approval from the Moscow government,” Sergei Sidorsky said. It is a large investment and innovation project that can be implemented in the Moscow downtown, he added.

14 mutually coordinated investment construction projects are being implemented in the Belarusian and Russian capitals in line with the agreements reached by Prime Minister of Belarus Sergei Sidorsky and Mayor of Moscow Yuri Luzhkov. Thus, Moscow trading and investment-construction companies are building hypermarkets and residential areas in Dzerzhinsky Avenue and the Lebyazhyi district in Minsk. Furthermore, the Moscow side is investing in the construction of the headquarters of the National Olympic Committee of the Republic of Belarus.

The construction of several faculties is also underway in Moscow. Among them are the Moscow-Republic of Belarus wholesale trade company, a wholesale and retail centre of the Vitebsk oblast, the Minsk trading centre, others.

In 2008 the mutual trade totaled RUB 169 billion, or $5.4 billion. It is almost similar to the trade with Belarus’ second trading partner, the Netherlands ($5.9 billion). In view of the global financial crisis though, the trade and economic cooperation between Belarus and Moscow has slowed down. In January-April 2009 the trade reduced by 42.5% over the same period in 2008 and made up RUB 30.7 billion ($982.5 million).

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