Updated at 11:50,16-10-2017

Officials offer privatisation on unacceptable terms for investors

Solidarity with Belarus information office

Belarus State Property Committee has announced preparations for the privatisation auctions.

The Committee has put the following requirements for the potential investors: a significant amount of investment, workers to retain their jobs, and other encumbrances, that will prevent the sale of the vast number of the assets including the Mozyr Oil Refinery. These governments actions vis-à-vis potential investors imply, that the governments interference in the economy will only grow.