MINSK, 22 March (BelTA) – The Hi-Tech Park is capable of taking care of all the digitization processes Belarus needs. Hi-Tech Park Administration Director Vsevolod Yanchevsky made the statement on the air of the Belarusian TV channel STV, BelTA has learned.
The official said: “The entire international community fights money laundering and the financing of terrorism. The relevant agreements have been adopted by countries. Standards and practices have been worked out. There is the Financial Action Task Force (FATF). Belarus has a very conscious attitude to all of that. But since there are cryptocurrencies, our president has made the relevant decisions to address these matters, too. The fact that the Hi-Tech Park has been entrusted with overseeing the operation of Hi-Tech Park resident companies that perform financial operations owes a lot to past experience and the trust of the state in us and the IT community as a whole. I think we will focus on it while actively cooperating with all the government agencies: the central bank, the State Control Committee, and law enforcement agencies. Even more so because these things are connected: when we talk about financial operations, we talk about banking sphere and the cryptocurrency exchange, which are related to payment systems one way or another.”
In his words, not from the point of view of management organization but from the point of view of execution the Hi-Tech Park can take care of virtually all the digitization processes and projects Belarus needs. “These are not simply theoretical competences. Our residents have already done it. Many projects work in Belarus while other ones work in foreign countries, which have very strict requirements for IT projects and where our resident companies have beaten fierce competition. Our companies have something to offer virtually in all these spheres. However, government agencies, enterprises, and the residents themselves have to reciprocate. We will continue helping them do it,” the Hi-Tech Park Administration director stressed.
In turn, Vsevolod Yanchevsky added that foreign countries will always fight for IT companies. “Our country beats competition for investors, residents, and capital for now. We see that neighbors are trying to enable conditions to beat ours. Unfortunately, some of them have simply declared that they want to exploit the complicated situation in Belarus. They have failed to do so so far,” he remarked. “An interesting fact is that as the Hi-Tech Park grows (it was initially considered a low-tax zone), tax revenues grow and considerably at that: we are talking about millions of rubles already. When we talk about the IT industry, in particular, the Hi-Tech Park, we always keep in mind that the decisions made by the head of state and the favorable policy on the IT industry primarily focused on one goal: to benefit the country, the people, and every person.”
