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Economy
02 February 2024, 15:21

Belarus economy, partnership with EAEU countries develop despite Western sanctions

ALMATY, 2 February (BelTA) – The Belarusian economy and Belarus’ partnership with countries of the Eurasian Economic Union (EAEU) develop actively despite the pressure of sanctions. Prime Minister of Belarus Roman Golovchenko made the statement at a session of the Eurasian Intergovernmental Council, BelTA has learned.

Roman Golovchenko said: “In 2023 despite the illegal pressure of Western countries on individual member states of the Eurasian Economic Union we demonstrated high development rates. Belarus’ trade turnover with EAEU countries rose by 7.4% in January-November 2023. Despite prophecies of our ‘well-wishers’ Belarus’ GDP growth rate amounted to 103.9% in 2023. The main driver of the economy was the manufacturing sector, which expanded by 7.7%. Today we look into the future with confidence and know what needs to be done to ensure stable and long-term partnership in the union.”

In December 2023 the heads of state signed a declaration on further development of economic processes in the EAEU till 2030 and in the period till 2045. The document set clear objectives for the medium term and the long term. “Task number one is to implement the ideas the declaration stipulates into practice as effectively and as fully as possible,” the prime minister added.

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