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President
17 March 2023, 11:57

Belarusian microelectronics companies urged to be more active on Russian market

MINSK, 17 March (BelTA) - Belarus has all the necessary competencies to meet the needs of the Russian market after the departure of Western enterprises, Belarusian President Aleksandr Lukashenko said at a meeting to discuss the prospects for the development of the microelectronics industry in Belarus, BelTA has learned.

Unique products are being created in Belarus in cooperation with the domestic civil and defense industries, Aleksandr Lukashenko noted. These are drones, robots, NC machines, fundamentally new types of weapons, world-class household appliances and much more.

"Therefore, the field for work and further development is huge. Our primary focus is Russia. Our country has all the necessary competencies to meet the needs of the Russian market after the departure of Western enterprises. It's a chance for us. We must seize it. Rosatom, Roscosmos, Roselectronics... The volume of partnership agreements should grow,” the president said.

According to him, investors also show tremendous interest in Belarusian microelectronics. "My recent visit to Zimbabwe, the United Arab Emirates is a direct confirmation of this. They are ready to cooperate with us and want to invest in our industry, including microelectronics. Moreover, the amount of money is not an issue," the head of state said. "Good financial investments are an opportunity to radically modernize the production base, develop new technologies and, as a result, increase exports."

Aleksandr Lukashenko stressed that scientists, designers and practitioners should understand how and what direction the industry will develop.

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