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PM: Belarus coping with brain drain in IT industry

Economy 22.10.2019 | 14:57
Sergei Rumas attends Open Innovaitons Forum in Moscow
Sergei Rumas attends Open Innovaitons Forum in Moscow

MOSCOW, 22 October (BelTA) – Belarus is coping with the brain drain problem in the IT industry, Belarus Prime Minister Sergei Rumas said as he spoke at the Open Innovations Forum in the Skolkovo Innovation Center in Moscow on 22 October, BelTA has learned.

“Our experience shows that brain drain, which used to look like a disaster, is not an all-out problem today,” Sergei Rumas stressed. "Many of those who left earlier are coming back. Graduates with IT majors practically do not leave the country. Just last week, the Belarusian president supported the government's proposal to set up an IT-university at the Hi-Tech Park.”

At the same time, Sergei Rumas acknowledged that Belarus still has some unresolved problems in other areas, for example the digitalization of the whole country, and has much to learn from both Russia and the world. “This is why we strongly support not only the exchange of experience within the Eurasian Economic Union or the CIS but also the synchronization of digitalization processes in our countries,” the prime minister said.

He suggested setting up a special venture fund in the EAEU as one of the initiatives. “A lot of interesting start-ups and companies that are set up in our countries change their place of residence upon receiving funding from the U.S. and the EU. Why do not we jointly invest in each other's promising developments?” Sergei Rumas said. He added that other countries that are not members of the EAEU, but having close ties with the union, could join such a fund.

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