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1 Aug 2017

Military industry enterprises may be set up in Belarusian-Chinese park Great Stone

MINSK, 1 August (BelTA) - Military industry enterprises may be established in the Chinese-Belarusian Industrial Park Great Stone, Belarus President Alexander Lukashenko said as he met with Xiao Yaqing, Chairman of the State-owned Assets Supervision and Administration Commission at China’s State Council, on 1 August, BelTA has learned.

The president said that joint efforts with state-owned corporations to enhance interaction in military technology may help develop cooperation. “It is quite possible and would be great to set up high-tech military enterprises in the park. These can be joint and Chinese enterprises. Chinese corporations working in the military industry should come to this park,” the head of state said.

The meeting was attended by representatives of China’s largest corporations, the majority of which are shareholders and resident companies of the park. “Their example demonstrates mutual benefits and the potential of cooperation in investment,” Alexander Lukashenko said.

According to the president, it is needed to strengthen cooperation in many avenues in the near future. These include direct investment in the park, construction of new high-tech enterprises, companies of tomorrow. “You understand that if we build enterprises of yesterday or even today, we will not be able to sell the products of these enterprises on the markets of the European Union and other markets. We need high-tech enterprises to sell their products in any corner of the planet,” the Belarusian leader noted.

In his words, a huge potential of the joint project gives us hope for a bigger presence of Chinese corporations in the park. “I am convinced that if this process is launched the park will get new breath, new opportunities,” Alexander Lukashenko said.

Another avenue is the development of bilateral projects, the merger of companies, and the integration of their potentials. “We are prepared for it,” the head of state assured.

Alexander Lukashenko also mentioned the importance of paying serious attention to the development of the tourism potential of Belarus and China.

“I would like to emphasize that your visit to Belarus testifies to concrete and meaningful steps in joint development and creation of the “community with common fate” of Belarus and China. I am convinced that the results of the visit will be seen in the near future,” the Belarusian leader stressed. “We will strengthen the foundation that we are building for future generations with joint ventures, joint business, and necessary conditions for China’s branching out into the center of Europe.”

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