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Plans to hold Belarus national investment session in London in 2021

MINSK, 4 March (BelTA) - Belarus would like to hold a national investment session in London in 2021, with the support of the European Bank for Reconstruction and Development, Belarus Prime Minister Sergei Rumas said as he met with EBRD President Suma Chakrabarti in Minsk on 4 March, BelTA has learned. 

“We would like to hold a national investment session in 2021 as part of the annual meeting of the EBRD Board of Governors in London. Another initiative is to hold the annual meeting of the EBRD Board of Governors in Minsk in 2022. Belarus has a wide experience of holding such large-scale events, and I would like to assure you that we will make every effort to make sure the event is organized in the best possible way,” Sergei Rumas said.

According to him, Belarus seeks to expand cooperation with the EBRD and would like to see the Bank increase its operations in Belarus, including through projects in new areas and new formats of joint work.

Suma Chakrabarti believes that the interaction between the country and the Bank has noticeably strengthened over the four years since his first visit to Belarus. “ I find our cooperation with Belarus exemplary,” he said.

Following the meeting in the government, a memorandum of understanding was signed between the Belarusian Transport and Communications Ministry and the EBRD to boost cooperation in the transport sector. According to the EBRD, the focus will be on the reconstruction of the highways M3 and M10 and also bridges.
 
The EBRD is an international bank, which facilitates the development of the private sector and entrepreneurship initiative in 38 economies on three continents. The EBRD shareholders include 67 countries, the European Union, and the European Investment Bank. Since the EBRD began working in Belarus in 1992, the bank has invested over €2.4 billion in various branches of the national economy.

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