Updated at 16:11,02-12-2016

Lukashenko: Belarus' Stability Depends on "Russian Bear"

President of Belarus Alexander Lukashenko believes that the stability of Belarus is largely dependent on stability in Russia.

"If the" Russian bear" is doing well, we'll be fine, too. But if Russia is shaking and unstable, as it used to be at the end of the last century, hard times will come for us," said President of Belarus on October 26.

During the meeting of the Council of CSTO Parliamentary Assembly, President Alexander Lukashenko wished the Russian side to successfully go through the pre-election period, reported in the presidential administration.

The President wished the Russian leadership "to stand firm at hard time" despite "severe political landslide on the country's leadership."

"We realize that we are involved in a market economy. It can't but affect either finance, or the economy and the outflow of capital. People may start rushing here and there – we've experienced all that. Let Russia stand it with dignity, as all republics are interested in it, and we're not an exception," said Alexander Lukashenko.

Russia's presidential election will be held in late 2012. It was decided at XII Congress of "United Russia" in Moscow on September 24, 2011 that current Russian prime minister and head of the party "United Russia" Vladimir Putin would run for presidency. In addition, it was decided that current President Dmitry Medvedev would run for the State Duma elections, scheduled for December 4, 2011, to take over as prime minister.