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17 May 2023, 14:31

Aleinik: Belarus, Russia are able to ensure economic self-sufficiency amid sanctions

Sergei Aleinik
Sergei Aleinik

MOSCOW, 17 May (BelTA) - Belarus and Russia are able to ensure the self-sufficiency of their economies amid sanctions, Belarusian Minister of Foreign Affairs Sergei Aleinik told the media after the talks with his Russian counterpart Sergey Lavrov in Moscow on 17 May, BelTA has learned.

“Indeed, our economic integration and the work to strengthen the economic pillar of our union plays an extremely important role amid unprecedented pressure of sanctions. Last year showed that we are sustainable, able to ensure our economic and technological sovereignty and are able to ensure the self-sufficiency of our economies in the future,” the minister said.

According to him, along with 28 Union State programs, which are now actively implemented at the intergovernmental level, Belarus and Russia are working on import substitution projects. They are aimed at ensuring technological sovereignty of the two countries.

“Our joint trade has increased by 1.4 times. These figures speak for themselves and demonstrate our resilience to the sanctions pressure on our countries,” Sergei Aleinik stressed.

Russian Foreign Minister Sergey Lavrov agreed with his Belarusian counterpart's assessment. “Our determination to develop integration processes in such a way that they do not depend on illegitimate unilateral actions of the collective West, led by the United States, is reflected in the 28 Union State programs. The main thing is to secure our ties in the areas which are vital for the independent and progressive development of our countries, such as technology, financial mechanisms, and supply chains,” he added.

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