Business news

Valentina Matviyenko believes it is necessary to revise all the documents relating to industrial policy and update them. The status of implementation of the agreements between the regions of Belarus and Russia needs to be reviewed, too.

Valentina Matviyenko noted that the number of joint Belarus-Russia enterprises has increased by 15% over the past two years. A considerable part of them are registered in border regions. She believes it is necessary to give a new impetus to the development of cross-border cooperation. Besides, the Speaker of the Federation Council of the Federal Assembly of Russia recognized the need to align the plans of territorial development.

Valentina Matviyenko stressed the need to reverse the negative trends in the trade between Belarus and Russia. She noted that the bilateral trade fell by 30% in H1 2015 due to some external and domestic factors.

Sochi is hosting the Second Forum of Regions of Belarus and Russia on 17-18 September. According to Valentina Matviyenko, representatives of 60 Russian regions, all Belarusian regions and the city of Minsk are taking part in the event. The forum is attended by heads of Russian and Belarusian ministries, government agencies, representatives of big companies, and businessmen. All in all, partaking in the forum are over 400 people.