MINSK, 3 December (BelTA) – Belarus-Russia trade has been on a growth track, Chairman of the Commission on Industry and Trade of the Parliamentary Assembly of the Union State of Belarus and Russia Sergey Mitin said during the Minsk-Moscow videoconference to celebrate the 25th anniversary of the Union State Treaty, BelTA has learned.
“Last year, the trade between the two countries amounted to RUB3 trillion, which was up by 14% year-on-year. This is a volumetric indicator, which shows the direction we are heading. An increase of 14%… Russia has no such growth rates with any other country. The results in January-September of this year indicate that in 2024 this figure will be exceeded. The trade will be even higher,” Sergey Mitin noted. “The volume of investment is also impressive. Last year Belarus received a preferential loan of RUB105 billion from the Russian Federation. Today, 20 projects have already been selected for Br74 billion.”
"An important thing: Russia has been implementing a large-scale program of marking goods with digital marking means for several years. We have already labeled about 15% of our non-resource gross product with digital marking. This has yielded great results in terms of taxation, monitoring, and traceability of goods. We want to apply this experience to our joint work with Belarus and coordinate our actions. This will help us to more accurately control the movement of all goods, know their characteristics and counter gray imports," Sergey Mitin added.
“Last year, the trade between the two countries amounted to RUB3 trillion, which was up by 14% year-on-year. This is a volumetric indicator, which shows the direction we are heading. An increase of 14%… Russia has no such growth rates with any other country. The results in January-September of this year indicate that in 2024 this figure will be exceeded. The trade will be even higher,” Sergey Mitin noted. “The volume of investment is also impressive. Last year Belarus received a preferential loan of RUB105 billion from the Russian Federation. Today, 20 projects have already been selected for Br74 billion.”
"An important thing: Russia has been implementing a large-scale program of marking goods with digital marking means for several years. We have already labeled about 15% of our non-resource gross product with digital marking. This has yielded great results in terms of taxation, monitoring, and traceability of goods. We want to apply this experience to our joint work with Belarus and coordinate our actions. This will help us to more accurately control the movement of all goods, know their characteristics and counter gray imports," Sergey Mitin added.
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