The participants of the event were provided with detailed information about Belarus' investment climate, the state and prospects of the country's machine-building industry and the biggest companies of the sector. The Japanese delegation was offered concrete cooperation projects.
The signing ceremony took place following the session of the national business councils arranged by the Belarusian and Russian chambers of commerce and industry on the sidelines of the 6th Forum of Regions of Belarus and Russia in Saint Petersburg.
The government of Belarus suggests completing the harmonization of the roadmap of reforms with the World Bank in September 2019, First Deputy Premier of Belarus Aleksandr Turchin said as he met with the World Bank delegation.
Proposal to establish a cluster in the linen industry was made at the 6th Forum of Regions. Mikhail Myasnikovich said that the project goes beyond the standard documents such as Russian-Belarusian Union State programs. The cluster, if established, will operate as a commercial entity and deal with issues of import substitution.
The senator said: “At least $550 million worth of commercial contracts will be signed. It is truly a serious contribution.” Apart from that, 84 agreements on cooperation, including cooperation in humanitarian affairs, have been signed during the forum.