MOSCOW, 16 December (BelTA) – Belarus’ trade with Russia in 2024 may reach a record high and go beyond $60 billion. Head of the Office of Belarus’ Council of Ministers Konstantin Burak made the statement during the conference “Union State: Integration, development, trust” held in Moscow and dedicated to the 25th anniversary of the signing of the Union State Foundation Treaty, BelTA has learned.
Konstantin Burak said: “Since 1999 the volume of mutual trade in goods and services has risen by seven times and has reached $58 billion. If the current growth rate remains in place, this year the trade volume may exceed $60 billion.”
The official stated that Belarus and Russia succeed despite sanctions and external pressure. “Contrary to designs of our opponents, the pressure of sanctions has acted as a serious stimulus for accelerating the growth of mutual trade, optimizing the logistics, for transitioning to national currencies in mutual transactions, for promoting import substitution and manufacturing cooperation,” stressed the head of the Office of the Council of Ministers of Belarus.
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