MINSK, 2 October (BelTA) – The investment agencies of the EAEU member states agreed to intensify their collaborative efforts to stimulate mutual investment. This matter was discussed at a conference of investment agencies and development corporations of the EAEU countries, which was held at the China-Belarus Industrial Park Great Stone, BelTA learned from the National Agency of Investment and Privatization.
The conference brought together over 100 investment specialists from Belarus, Armenia, Kazakhstan, and Russia, alongside guests from Uzbekistan and China. The event was designed to share expertise on the latest investment trends and challenges, strategies for attracting investors, and the development of investment infrastructure, public-private partnerships, digital tools, and preferential regimes.
First Deputy Economy Minister of Belarus Ivan Vezhnovets and First Deputy Head of the China-Belarus Industrial Park Great Stone Administration Aleksandr Lebedyantsev addressed their colleagues with welcoming remarks and shared their perspectives on the conference’s agenda.
The conference concluded with an invitation for participants to sign a cooperation memorandum. The agreement paves the way for collaborative efforts to boost mutual investment and improve the EAEU’s business climate. It also mandates the development of a shared information system, providing businesses with data on opportunities, partners, and support programs throughout the member states.
“Investment issues have recently become a key agenda item for integration associations. The CIS has adopted a package of measures to attract and stimulate mutual investment; the Belarusian Economy Ministry is initiating a corresponding document in the EAEU; and the SCO has both a working group and an investors’ association. Of course, member countries of any union are primarily interested in attracting investment to their own territories, so competition is unavoidable. But beyond competition, there is also room for cooperation. A key role here is played by the interaction of investment agencies and development institutions that can exchange experience and best practices, launch cooperative projects, and propose measures for stimulating mutual investment. These ideas are reflected in the memorandum signed by conference participants today. We hope that other development agencies and corporations will join this document, and that the conference will become an annual event held in interested member countries,” said Yelena Perminova, First Deputy Director of the National Agency of Investment and Privatization.
On the sidelines of the conference, the National Agency of Investment and Privatization signed bilateral cooperation agreements with the Investment Promotion Agency of Russia’s Krasnodar Territory and the Investment Development Agency of the Khakassia Development Fund.
Follow us on:
