MOSCOW, 9 June (BelTA) – The Industry Ministry of Belarus is analyzing potential risks arising from sanctions and is looking for ways to tap into new markets, yet the situation is under control by and large, Deputy Industry Minister Dmitry Kharitonchik told reporters on the sidelines of the Belarus-Asia Forum held at the Belarusian Embassy in Moscow on 9 June, BelTA has learned.
“Of course, we are examining possible risks and considering product diversification, while our manufacturers are looking for new suppliers of components and materials. Thus, the situation is under control, and I think that we will be able to avoid any serious shocks,” the deputy minister said.
He emphasized that Western sanctions are not expected to deliver a heavy blow to the Belarusian manufacturing industry. “We are operating steadily. All our main partners have confirmed that they are going to honor their commitments. We hope that all the statements that have been made by the countries that are going to impose sanctions will not extend to businesses, since business stands aside from politics and gives jobs to citizens of the countries that impose sanctions and our country,” Dmitry Kharitonchik said.