Business news

MINSK, 27 February (BelTA) – Belarus is ready to sell electric buses and build anything using the turn-key principle in Russia’s Sverdlovsk Oblast. Deputy Prime Minister of Belarus Vladimir Semashko made the statement as he met with a Sverdlovsk Oblast delegation led by First Vice Governor Alexei Orlov on 27 February, BelTA has learned.

Vladimir Semashko noted that close attention is paid in Belarus to the advancement of relations with Sverdlovsk Oblast. He said Belarus expects trade turnover to increase although the figures have been falling recently. In the past the bilateral trade turnover was close to $500 million. In 2016 the figure dropped to $272.7 million. “It is necessary to analyze where the reduction has happened and find the niches that need to be filled so that we could restore trade turnover,” said the Deputy Prime Minister.

Belarus is also ready to offer the entire range of vehicles to Sverdlovsk Oblast. Financial resources on preferential terms can be arranged. Vladimir Semashko drew attention to Belarusian electric buses. Belarus can also offer equipment for making and processing various products, for drying grain, for forage procurement in addition to offering aftersales service for all the equipment and vehicles. “We make the entire range of agricultural machines,” added Vladimir Semashko.

Speaking about civil engineering, he mentioned that Belarus can build anything in Sverdlovsk Oblast using the turn-key principle. The Belarusian civil engineering company Belzarubezhstroy is ready to help with it.

Participants of the meeting also touched upon the expansion of manufacturing cooperation ties in the production sector, the machine tool industry, and the power engineering industry. In particular, cooperation between the Russian mechanical engineering company Uralmashplant and the Belarusian automobile engineering company BelAZ can reach new heights. According to Vladimir Semashko, BelAZ is now taking orders not only for the current year but the year 2018, too.