Business news
Belarus ready to set up hub in Russia’s Kursk Oblast to sell potash, nitrogen fertilizers
Photo courtesy of the Embassy of Belarus in Russia
MOSCOW, 6 June (BelTA) – Belarus is ready to set up a hub in Kursk Oblast with a view to shipping potash and nitrogen fertilizers. The statement was made by Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Vladimir Semashko as he met with Acting Governor of Russia’s Kursk Oblast Roman Starovoit, BelTA has learned. The meeting took place during the St Petersburg International Economic Forum on 6 June.
The press service of the Belarusian diplomatic mission quoted Vladimir Semashko as saying Belarus is ready for a dialogue about setting up a logistics hub in Kursk Oblast for the sake of selling potash and nitrogen fertilizers. Vladimir Semashko also stressed the readiness of Belarusian design and construction companies to implement melioration programs in the region.
The sides mentioned high growth rates of Belarus’ trade with Kursk Oblast in 2017 and 2018. The high growth rate continued into early 2019. In January-April 2019 the trade volume increased by 43.5% in comparison with the same period of last year to $54.4 million. The mutual trade growth dynamics is quite positive, the ambassador noted. The oblast takes an active part in interregional events. Since 2019 Kursk Oblast representatives have taken part in the 4th international business contacts forum Brest, the 8th international economic forum in Vitebsk, and the 16th Gomel Economic Forum. But the potential for bilateral cooperation is considerably higher and the Belarusian side is interested in its development.
The diplomat confirmed the readiness of Belarusian mechanical engineering companies to supply the necessary agricultural machines to the region, including via preferential financing schemes, and ensure their quality aftersales service. In 2018 Kursk Oblast received 24 Gomselmash harvesters and 31 MTZ tractors. Vladimir Semashko also mentioned the interest in developing manufacturing cooperation and organizing a trading house in the region in order to sell Belarusian machines and vehicles.
A regional government construction program is being implemented in Kursk Oblast. As part of the program and in line with the contract signed by the Mozyr integrated house-building factory and the Kursk-based real estate developer AO Inzhener Belarusian construction workers are busy building energy-effective houses. Three 100-apartment houses and a 140-apartment house have been built. The construction of two more 100-apartment houses in Kursk and two more 100-apartment ones in the region continues. Belarusian companies are ready to continue participating in civil engineering projects in the region and assist with its large-scale development. The Russian side was invited to set up a joint venture in the area of road construction (cooperation in assimilating new technologies for designing, building, repairing, and maintenance of automobile roads), advance trade in construction materials, including modern reinforced-concrete bridge structures of Belarusian make. There are also great prospects for expanding Belarus’ cooperation with Kursk Oblast in the area of agribusiness, in increasing supplies of planting material and expanding cooperation in the area of pedigree animal husbandry.
As a result of the meeting Vladimir Semashko and Roman Starovoit agreed to arrange a visit of the Kursk Oblast delegation to Belarus soon.
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