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26 April 2024, 18:53

MP: Regional cooperation opens up opportunities for Belarus’, Russia’s business

MINSK, 26 April (BelTA) - Cooperation between the regions of Belarus and Russia opens up new opportunities for business, Denis Karas, Deputy Chairman of the Standing Committee on Economic Policy of the House of Representatives of the National Assembly of Belarus, told BelTA.

“The regions of Belarus and Russia carry out joint work in various areas of state and public life, which contributes to the unity of the peoples of the countries. This, among other things, promotes to the development of logistics routes and infrastructure, which opens up new opportunities for business, and improves the comfort of movement of citizens within the Union State. Interaction between enterprises has been increasingly developing. As part of the import substitution program, the manufacturers have established good contacts and make in-demand products. Now the production facilities are maximally loaded, which makes it possible to increase wages,” the MP said.

In his words, Belarusian industry is well-developed today. Thanks to this, Russian enterprises are interested in joint projects. “The president did not let mass privatization and closure of enterprises. Our industry has remained at the proper level. Factories have been modernized to make products with high added value. They are in demand in the Russian market, as well,” Dennis Karas added.

According to the MP, Belarusian products are very popular with visitors to the international exhibition forum Russia, where all Belarusian regions demonstrate their achievements. “The opportunity for Belarus to demonstrate the achievements of all its regions at the largest Russian exhibition testifies to the strategic nature of relations between our countries, the demand and significant potential of interregional ties and integration processes within the Union State. Many people go to the expo, because they know what they want to get. The event is a colossal success,” the MP said.
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