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Economy
17 June 2021, 13:27

Belarusian Economy Ministry in favor of innovative business projects

MINSK, 17 June (BelTA) – Breakthrough and innovative business projects prompt faster economic development, the Economy Ministry press service quoted Belarusian Economy Minister Aleksandr Chervyakov as saying.

Aleksandr Chervyakov, his first deputy Yuri Chebotar, and Director of the Belarusian Institute of Strategic Studies (BISR) Oleg Makarov visited OOO SV PLANT and the engineering company Universal Mobility (Unimo). The top Economy Ministry officials and the BISR director were made familiar with the operation of the enterprises starting with design and prototyping and ending with the manufacturing and promotion of industrial products.

The meeting focused on the enabling of conditions conducive to the development of engineering companies and to their interaction with mechanical engineering enterprises where the development of new products and the creation of modern manufacturing enterprises are the main goals. Keeping highly qualified engineers in Belarus was also mentioned.

Photo courtesy of the Economy Ministry

While talking to employees of the enterprises, the Belarusian economy minister noted that innovative goods beat competition on international markets nowadays. “Breakthrough business projects of the innovative type determine a more accelerated vector of economic development. Even if Belarus preserves the image of an industrial power with conventional enterprises, we can still improve R&D, introduce R&D results into manufacturing, and promote innovative products with a high added value on markets. Such as 3D prototyping technologies, modeling technologies, design technologies, modern marketing methods, and other things,” the economy minister said. “The government is intent on enabling conditions for the effective work across the board. I am talking about making quality, innovative, unique products and selling them.”

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