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Belarus wants to use DIFC's experience to set up international finance center

President 18.04.2019 | 11:30
During the meeting
During the meeting

MINSK, 18 April (BelTA) – Belarus wants to use the experience of Dubai International Financial Center (DIFC) to set up its own international finance center, Belarus President Aleksandr Lukashenko said as he met with board members of Dubai International Financial Centre on 18 April, BelTA informs.

The meeting was attended by DIFC Chairman Essa Kazim and Chief Executive Officer Arif Amiri.

“Thank you for your kind words, undertakings and support. I suppose that you are already aware of our dream to set up a similar center in Belarus. I will be very grateful to you if you continue your charitable activities in Belarus, support this project and provide consulting assistance to us,” the head of state said.

Aleksandr Lukashenko hailed a big and invaluable experience of Dubai International Financial Center in setting up such international finance centers. “I know that your center is interested in cooperation in the IT sector, that you are paying much attention to the development of the digital economy. We are doing a lot in this field as well. I believe that if we managed to find common interest, such interaction would help promote the development of the digital economy. If you decide that Belarus has enough experience in advanced technologies, we will be ready to work together,” the Belarusian leader emphasized.

The DIFC chairman, in turn, remarked that the government of Dubai and the center will definitely support the project in Belarus. “Last summer, when we received the first documents on the matter, we made a decision to maintain cooperation in this field. I don't think that this is just a dream. We will bring this idea to life very soon. We came to Belarus to share our experience, we are prepared for it, especially as far as the formation and development of a finance center is concerned. And we are absolutely prepared to make a contribution to the development of relations between the two states, especially in the IT sector,” Essa Kazim said.

International financial centers are large centers with a full range of financial services and modern payment systems supporting big national economies with developed and efficient financial markets where demand and supply are diversified and legislative and regulatory systems can ensure the integrity of relations between market operators and perform supervisory functions.

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