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THE ESSENTIAL
Belarus, Russia, Kazakhstan economies should overcome crisis together

The economies of Belarus, Russia and Kazakhstan should deal with the global crisis using joint efforts, said Prime Minister of Belarus Sergei Sidorsky during a visit to Belarusian Autoworks in Zhodino on January 5. At present, the complementarity of the Belarusian and Russian economies is 60%-90% in certain kinds of cooperation. “Russia’s GAZ Group, KAMAZ and Grodno-based Belkard that supplies parts to Russia have stopped their production,” the Premier said.

 

NEWS

2008-11-05

Belarus is interested in full and pragmatic cooperation with the European Union, with the focus made on the economic component

Belarus recognises the need to continue working to achieve the goals outlined in the Belarus-EU dialogue and expects an adequate response from the European Union, Belarus Deputy Prime Minister Andrei Kobyakov said on November 5 as he met with Deputy Director General of the European Commission’s Directorate General for External Relations Hugues Mingarelli. “As a whole, we positively evaluate the European Union’s decision to suspend visa restrictions and restore contacts with Belarusian authorities. Yet we believe these decisions are intermediary on the way towards establishing full-scale cooperation between Belarus and the European Union,” remarked Andrei Kobyakov.

The official underscored Belarus is interested in full and pragmatic cooperation with the European Union, with the focus made on the economic component.

According to Andrei Kobyakov, the recent steps made by Belarus and the European Union are starting a new page in the bilateral relations. “In our opinion it would be timely as the level of the foreign trade relations speaks for itself,” he said. Andrei Kobyakov added, the European Union accounts for 32% of Belarus’ foreign trade and 44% of Belarus’ export.

The Vice Premier stated limitations and barriers in the bilateral cooperation are being removed. “We hope the process will gain momentum,” he said.

The European Commission is initiating cooperation with Belarus in three new areas, namely regulation of the quality of products and standardisation, interaction of financial services, agricultural and food security. The information was released by Deputy Director General of the European Commission’s Directorate General for External Relations Hugues Mingarelli on November 5 as he met with Belarus Deputy Prime Minister Andrei Kobyakov.

Belarus recognises the need to continue working to achieve the goals outlined in the Belarus-EU dialogue and expects an adequate response from the European Union, said Andrei Kobyakov during his meeting with Hugues Mingarelli.

“As a whole, we positively evaluate the European Union’s decision to suspend visa restrictions and restore contacts with Belarusian authorities. Yet we believe these decisions are intermediary on the way towards establishing full-scale cooperation between Belarus and the European Union,” remarked Andrei Kobyakov. The official underscored Belarus is interested in full and pragmatic cooperation with the European Union, with the focus made on the economic component.

According to Andrei Kobyakov, the recent steps made by Belarus and the European Union are starting a new page in the bilateral relations. “In our opinion it would be timely as the level of the foreign trade relations speaks for itself,” he said. Andrei Kobyakov added, the European Union accounts for 32% of Belarus’ foreign trade and 44% of Belarus’ export.

The Vice Premier stated limitations and barriers in the bilateral cooperation are being removed. “We hope the process will gain momentum,” he said.

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NEWS
Minimum wage in Belarus to be increased January 1, 2009

The Government of Belarus issued Resolution No 2020 to introduce a new minimum wage. In line with the resolution, the monthly minimum wage will amount to Br229,000, the hourly minimum wage – to Br1,360.

Înly export-oriented and competitive companies will get support

Only export-oriented and competitive companies will be supported by the state, said Prime Minister of Belarus Sergei Sidorsky at a session of the Presidium of the Council of Ministers to discuss the measures to maintain the stability of the country’s key and other enterprises on December 23.

Belarus’ Government, Russia’s Vnesheconombank ink memorandum on cooperation

Prime Minister of Belarus Sergei Sidorsky thinks it necessary to accelerate the transition to the regional currency in the payments between economic entities of Belarus and Russia. He voiced this opinion at the meeting with Chairman of the Russia’s State Corporation Bank for Development and Foreign Economic Affairs (Vnesheconombank) Vladimir Dmitriev on December 20.

 
Belarus welcomes investors who have concrete plans concerning projects implementation

Belarus welcomes any investors who have concrete plans concerning the period of projects implementation and projects financing, Deputy Prime Minister of Belarus Viktor Burya told.

Technical assistance framework agreement signed between Belarus, European Commission

Belarus is interested in liberalizing mutual trade with the European Union, Vice-Premier of Belarus Andrei Kobyakov said as he met with the head of the EC Delegation in Ukraine and Belarus, Mr Jose Manuel Pinto Teixeira, in Minsk on December 18.

Belarus Government Quality Achievements Award 2008 ceremony

By the end of 2008 the Government of Belarus will pass new legal instruments to facilitate administrative procedures and liberalise the economy, Prime Minister of Belarus Sergei Sidorsky said on December 17 during the Belarus Government Quality Achievements Award 2008 ceremony.

 
Fishman Group to invest $500mln in Belarus’ High-Tech Park

Fishman Group is ready to put $500 million in the construction of a set of facilities in the Belarusian High-Tech Park, company’s co-owner Eliezer Fishman told reporters after his meeting with Prime Minister of Belarus Sergei Sidorsky on December 17.

Some Br590bn saved in 2008 due to streamlined financing of innovation projects

Some Br590 billion was saved in 2008 due to streamlined financing of innovation projects, Vladimir Matiushkov, Chairman of the State Science and Technology Committee of Belarus, said at a session of the Presidium of the Council of Ministers chaired by Prime Minister of Belarus Sergei Sidorsky on December 16.

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