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05 October 2022, 18:12

Deputy foreign minister: Belarus balances foreign trade, finds new markets

Igor Nazaruk
Igor Nazaruk

MINSK, 5 October (BelTA) – Belarus is balancing its foreign trade and penetrating new markets, Belarus' Deputy Minister of Foreign Affairs Igor Nazaruk told reporters before the opening of the 12th Congress of the Belarusian Chamber of Commerce and Industry, BelTA has learned.

Igor Nazaruk emphasized that the activities of the Belarusian Chamber of Commerce and Industry are fully consistent with the tasks assigned to the Ministry of Foreign Affairs, which is promotion of exports and foreign trade, which includes certification of the origin of goods and preferential access to the Belarusian market. “The current situation is the handiwork of the so-called collective West, and their goal is quite clear - to tear us off from our integration partners, weaken us economically, sow discord in society. Therefore, everything that we do together with the Chamber of Commerce and Industry and its branches chimes in with the tasks that were assigned to the Belarusian Ministry of Foreign Affairs by the head of state and government,” the deputy foreign minister noted.

The growth in exports proves that the country is moving in the right direction. “In the first half of this year, there were some inconveniences due to the need to dramatically change logistics schemes. Yet, we found a workable and optimal solution for enterprises and the economy in general. Growth is quite substantial, for example, in January-August 2022, exports to Russia increased by more than 30%. In general, our foreign trade is quite vibrant and it is becoming balanced, we are entering new sales markets. Our products have always boasted an optimal price-quality ratio, and therefore our foreign partners gladly buy our goods. “We have buyers for our timber products, foodstuffs, rolled metal, and other goods. There is potential for increasing supplies. The logistics issue takes time to resolve, but this will not be a major setback for us,” Igor Nazaruk said.

The 12th Congress of the Belarusian Chamber of Commerce and Industry is taking place in the run-up to the chamber's anniversary. The participants of the congress will review the results of the chamber's activities for the period from October 2019 to September 2022, as well as identify promising areas of work for the next three years. Taking part in the congress are 135 enterprises and organizations from all regions of the country.

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