Business news

MILAN, 25 June (BelTA) – The Chinese-Belarusian Industrial Park Great Stone is open to investors from any country, Deputy Economy Minister Alexander Yaroshenko said at the opening of the Day of Belarusian Economy at EXPO Milano 2015 on 25 June, BelTA has learned.

“This park (Chinese-Belarusian Industrial Park Great Stone - BelTA), developed with a strong participation of the Chinese capital, is open to investors from any country that would like to set up modern high-technology companies in Belarus. We are always glad to welcome business partners and guests,” Alexander Yaroshenko said. In his words, during the recent visit of Chinese President Xi Jinping to Belarus, the country got a number of favorable offers regarding the participation in the Silk Road Economic Belt project.

Alexander Yaroshenko also stressed that participation in regional economic integration processes is an important factor for the Belarusian economy and its investment attractiveness. “The Eurasian Economic Union is a trade and economic coalition of five countries. Thanks to Belarus’ participation in this association a foreign investor, coming to our country, have an opportunity to work on the 176-million-strong market from the Baltics to the Pacific Ocean,” he said.

According to Alexander Yaroshenko, goods produced by an investor in Belarus may be supplied barrier-free to the markets of the countries with which the EEU has free trade agreements. Vietnam became the first such country. India, Israel and Egypt are to become such countries in the near future. “To date over 40 countries and international organizations have showed interest in signing free trade agreements with the EEU,” Alexander Yaroshenko said.

The Day of Belarusian Economy is taking place at EXPO Milano 2015 on 25 June. The event will include a presentation of Belarus’ investment potential, new conditions of economic cooperation in view of Belarus’ membership in the Eurasian Economic Union and cooperation experience in trade and long-term financing projects. The program will also include a business matchmaking session.

Partaking in the event are the biggest Belarusian and Italian companies that work in the food, mechanical engineering, light, instrument engineering industries, medicine, petrochemistry, pharmacy, energy, information technology and other economic sectors as well as international financial institutions, Italy’s biggest banks and agencies.