It will be the first meeting with the participation of China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan and also new SCO member states India and Pakistan that joined the organization in June 2017.
“We see the growing interest of Belarusian and Korean commercial entities in mutually beneficial cooperation and are ready to do everything to advance the bilateral relations in trade, manufacturing cooperation, investment cooperation, and the establishment of joint ventures with Korean capital in Mogilev Oblast,” said the official.
The Entrepreneurship Development Ordinance instructs the central government to submit proposals on encouraging private sector development within six months. The proposals will be primarily aimed at creating new jobs, further development of private business in small towns and rural areas.
The protocol regulates the matters related to Russia's gas supplies to Belarus in 2017-2019 and maps out the measures to improve cooperation in the gas industry in 2020-2024 (the transition period before the establishment of a common gas market in the Eurasian Economic Union).
In January-October 2017, Belarus spent $849.5 million to repay the external state debt, including $301.8 million paid to the Russian government, $264.8 million to the EFSD, $221.3 million to Chinese banks, $60.4 million to the IBRD, $0.7 million to the USA, and $0.5 million to the EBRD and NIB.
Standard layouts for the villages of the future have been prepared. Every oblast will have a number of agrotowns and towns where the pilot projects will be implemented. “I think we will wrap up the legal part of it in 2018,” noted the official.