Business news

15 May 2023

Ambassador: Markets of Urals, Siberia, Far East are very promising for Belarus

An archive photo

MINSK, 15 May (BelTA) - Markets of the Urals, Siberia and the Far East are very promising for Belarus, Belarusian Ambassador to Russia Dmitry Krutoi said in an interview to the Belarus 1 channel, BelTA has learned.

In Q1 2023, the Belarusian-Russian trade increased by more than 22% compared with the same stretch a year ago. Belarusian exports to Russia increased by 56.6%. “The Belarusian exports to Russia will remain high until June-July, and then the trade will level off. We, however, will do our best to exceed our base parameter, the growth of 6.5%, set forth by the government by the end of the year,” Dmitry Krutoi said.

According to him, the current supplies of new export items to Russia are currently monitored. “There are industries that previously did not work in the Russian market on such a large scale. For example, metallurgy. The market for shipments of our passenger cars has recovered,” the ambassador said. He also named machine tools, microchips, TV sets and laptops among the important supplies.

Traditional goods, including tractors and trucks, are also actively supplied to Russia. “We have preserved traditional supplies and continue increasing them. They also make a serious contribution to the overall growth,” Dmitry Krutoi said.

Regional cooperation is high on the agenda. Belarus is actively developing cooperation with both the nearest regions of Russia and more distant ones. “In my opinion, the Urals, Siberia, and the Far East are very promising today. There is a huge demand for our products there. Now the task is to build channels for the delivery of products and return shipments by train, road or air. We will try to open direct flights to ensure communication between business representatives of our countries. There is also demand for construction products and services of our builders, for road and municipal equipment, and for food products. It is necessary to enter the Far Eastern market more actively,” the ambassador is convinced.



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