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23 May 2022, 14:57

Comparatively small funding needed for Belarusian-Russian joint import substitution efforts

SOCHI, 23 May (BelTA) – According to preliminary estimates Belarusian-Russian joint import substitution efforts will require a comparatively small amount of money. Belarus President Aleksandr Lukashenko made the relevant statement as he met with President of Russia Vladimir Putin in Sochi, BelTA has learned.

According to Aleksandr Lukashenko, acting upon instructions of the heads of state the governments of Belarus and Russia have determined the main directions in the sphere of import substitution and have even made rough calculations how much it will cost.

“The money is quite small. I don't want to specify how small in public because those are rough estimates. But a totally ridiculous amount of money. But we will secure good import substitution in the main areas where we lack components and the rest,” the Belarusian leader is convinced. “Let alone security matters. We already work well in the sphere of security.”

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