Business news

MINSK, 2 November (BelTA) – A briefing on terms of making investments and doing business in Belarus took place on 2 November as a delegation of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region visited Minsk, BelTA learned from the Belarusian Economy Ministry website. The delegation was led by Deputy Head of the Liaison Office Qiu Hong.

In his welcome address during the briefing Belarusian Economy Minister Vladimir Zinovsky stressed the strategic level of Belarus-China relations and the solid foundation laid down by the heads of state to enable transition from credit and investment cooperation to direct investments and the pooling of manufacturing potentials of the two countries. The economy minister invited Hong Kong high-tech companies to come to Belarus to implement joint projects, which will be furthered by the country’s favorable investment environment and the relevant business operation terms. Vladimir Zinovsky described Hong Kong as a financial and investment platform of the Silk Road Economic Belt and Belarus as a nodal platform of the belt. He noted that from this point of view Hong Kong and Belarus have all the prerequisites for cooperation.

Taking part in the briefing were also First Deputy Chairman of the State Property Committee Aleksei Vasilyev, Deputy Sports and Tourism Minister Mikhail Portnoi, Head of the Administration of the China-Belarus industrial park Great Stone Alexander Yaroshenko, Deputy Director of the National Agency of Investment and Privatization Mikhail Dashuk, the delegation of the Liaison Office of the Central People’s Government in the Hong Kong Special Administrative Region, businessmen and officials from Hong Kong and Belarus.

On 2 November Qiu Hong also met with Deputy Head of the Belarus President Administration Nikolai Snopkov and Deputy Economy Minister Pavel Utyupin.

The Hong Kong delegation is in Belarus on a visit on 1-4 November.