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MINSK, 29 September (BelTA) – Belarus is ready to adopt the best international investment practices and guarantee their implementation, Belarusian Prime Minister Andrei Kobyakov said at the opening ceremony of the forum Broadening the Horizons: Investment, Finance, Development in Minsk on 29 September, BelTA has learned.

“Belarus is ready to adopt the best international practices and guarantee their proper implementation,” Andrei Kobyakov noted.

The head of the government said that despite all the efforts, Belarus has not yet received the amount of foreign investment it has been aiming for. “The insufficient awareness of foreign investors about the country’s potential plays an important role in this. We make targeted efforts to address this lack of awareness. We have organized a number of large-scale events in New York, London, and Vienna. Today’s forum adds up to the list,” Andrei Kobyakov pointed out.

He said that another important goal of the forum is to develop measures to improve the investment environment. “The program of the forum includes roundtable discussions. Representatives of reputable research organizations have been invited to take part in them. I am sure that the forum will provide a platform for fruitful discussions that will result in solutions to improve the investment climate in Belarus,” the Prime Minister emphasized.

Minsk is playing host to the forum Broadening the Horizons: Investment, Finance, Development on 29 and 30 September. The event is expected to encourage an open dialogue among representatives of Belarusian government agencies, international financial institutions, foreign investors, national business and the expert community who will discuss relevant aspects of investment cooperation. The forum aims to draw the attention of potential investors to Belarus as a promising investment platform.

The event has brought together some 300 participants. The experts discuss strategies for attracting foreign investments to Belarus, prospects for investment cooperation with the financial institutions of the European Union, the Eurasian Economic Union and China, and the opportunities for involving U.S. investors in Belarusian projects. There are plans to develop a road map to set major directions for agreed actions to improve the institutional environment for expanding the investment and funding opportunities. This will contribute to the development of the public and private sectors of the Belarusian economy.