Business news

MINSK, 13 November (BelTA) - Belarus presented the Chinese-Belarusian industrial park Great Stone in Singapore, BelTA learned from the Belarusian diplomatic mission in China.

The event took place during the investment forum headlined as Belarus Calling Asia dedicated to the cooperation between Belarus and the Asian region in the finance and investment sectors. The event focused on the investment climate in Belarus. The key speakers included Belarus’ Deputy Prime Minister Vasily Matyushevsky, the heads of the Ministry of Trade and Industry and the Ministry of National Development of Singapore.

The agreements on trade and investment cooperation between Belarusian and Asian partners were signed on the sidelines of the forum. They included the agreements on assigning Belarus a sovereign rating according to the Chinese national scale for placing securities in yuans on the Chinese financial market, on a new resident company in the industrial park Great Stone, on the car-sharing project by a Chinese company in Belarus, on the supply of large consignments of dairy products and poultry to China and on the supply of natural rubber for tire production from Singapore to Belarus.

The forum was organized by the Embassy of Belarus in China with the assistance of the Development Bank of the Republic of Belarus, the National Development Agency for Investment and Privatization, the representation office of Belshina company in Singapore, and the Belarusian Embassy in Indonesia. The event was attended by leading Asian trade and investment companies, financial institutions that have established direct contacts with Belarusian partners.