Updated at 17:11,20-07-2018

Dictatorship beats record in trading with EU


Myasnikovich says Belarus demonstrated the record high turnover with the EU countries for the last few years.

The Prime Minister says the mutual trade between Belarus and Europe would grow by 19%, BelTA news agency informs.

"It is the record of recent years. We can reach $25 billion in mutual trade with the EU countries this year," Mikhail Myasnikovich said.

The PM praised the role of international financial institutions: the World Bank, the European Bank for Reconstruction and Development, the International Finance Corporation, which investment portfolio in Belarus is estimated at about $2 billion. These projects of the real economy unite companies and open new opportunities for business cooperation.

"The Belarus-EU Business Council became an efficient institution to promote trade and investments," Mikhail Myasnikovich noted. The PM noticed the active development of Belarus-Germany and Belarus-Poland business cooperation. The chambers of commerce and industry implemented about 30 joint projects, and an extensive legal framework was developed. Belarus appreciates the support of German partners in arranging the Days of Belarusian Economy in Berlin and Munich in 2013. "I hope that politicians will follow suit: we have a lot of things in common. We have great cooperation opportunities and we should take advantage of them in the interests of our peoples," the PM said.