ISTANBUL, 12 November (BelTA) – Belarus builds relations with investors on the international principles of cooperation, Belarus’ Premier Andrei Kobyakov said as he spoke at the Belarusian Investment Forum in Istanbul on 12 November, BelTA has learned.
“Belarus builds relations with investors on the international principles of cooperation, considers the application of any foreign right and arbitrage, presents necessary guarantees. The improving positions of Belarus in international rankings testify to the constantly improving doing business conditions in the country,” noted Andrei Kobyakov. In his words, Belarus is ranked 44th in the World Bank Doing Business 2016 report.
Andrei Kobyakov stressed that Belarus represents an efficient ground for investing activity. The country’s authorities are ready to support the advancement of initiatives for the successful implementation of projects. "Virtually the whole territory of the country is successful preferential regimes. Companies can reduce investment costs and tax burden by registering their businesses in the free economic zones, the Hi-Tech Park, the Industrial Park Great Stone,” said the Belarusian head of government.
Attending the Belarusian Investment Forum are about 600 business representatives and officials of the two countries. The Belarusian delegation includes representatives of the Economy Ministry, the Ministry of Foreign Affairs, the National Bank, the Development Bank of the Republic of Belarus, the National Agency of Investment and Privatization, the Industrial Park Development Company, the administrations of the Free Economic Zone Mogilev and the Free Economic Zone Grodnoinvest.
The program includes presentations by officials from Belarus and Turkey, and the panel discussions across three large clusters: macroeconomics, investment climate, presentation of investment projects and sites of Belarus.