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18 June 2025, 18:38

Opinion: Belarus, China’s Shangha are well-positioned to deepen economic partnership

MINSK, 18 June (BelTA) - Belarus and Shanghai have a great potential for deepening economic partnership, Belarusian Deputy Economy Minister Kirill Masharsky said at a meeting with Vice Chairman of the Shanghai Federation of Industry and Commerce (SFIC) Wang Jianming. The event was also attended by representatives of the Industry Ministry, the Minsk City Executive Committee and the Belarusian Chamber of Commerce and Industry, BelTA learned from the press service of the Economy Ministry of Belarus. 

Belarus’ relations with Shanghai as the most important financial and commercial center of China are of particular importance and are developing in the spirit of long-term mutually beneficial cooperation.
“Our country is a regular active participant of the China International Import Exhibition, the key exhibition event of the region. This year we also intend to bring a large-scale national exposition, and we have already started preparations for the event. Our enterprises are eager to promote investment and technological cooperation, we are ready to consider specific projects,” Kirill Masharsky said.
He reaffirmed commitment to cooperating with companies from Shanghai in the field of joint production of electric engines, industrial robotic manipulators, medical equipment and devices, electronics and electrical engineering. These projects will contribute to technological and manufacturing cooperation.

Today’s meeting confirmed that Belarus and Shanghai have significant potential for deepening economic partnership. We see great prospects in the services sector, especially in the financial sector, digital technologies and logistics, Kirill Masharsky said.

In order to strengthen existing ties and establish new contacts, the Belarusian side proposed to implement two joint investment initiatives: a Shanghai business exhibition in Belarus at the Great Stone site and a forum in Shanghai to tour the China-Belarus Industrial Park to potential investors. 
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