MINSK, 9 September (BelTA) – It is necessary to assist enterprises with foreign trade operations in every way. Belarus President Aleksandr Lukashenko gave the relevant instructions during a conference with National Bank specialists and top managers of banks on 9 September, BelTA has learned.
Aleksandr Lukashenko stressed: “However odd it may sound but the government and the National Bank have been unable to come to terms on how government agencies and enterprises should interact when problem situations with international payments are encountered. Just like in the fable of ‘The swan, the pike and the crawfish’. Everyone pulls the cart of problems in a different direction. It is necessary to rule out the possibility of any financial losses for the country. Foreign currency proceeds need to be received in full.
This is why the president tasked the National Bank and the banking system with assisting enterprises with foreign trade operations in every way. Several areas of efforts were mentioned. Among those Aleksandr Lukashenko mentioned the expansion of the corresponding bank network in friendly countries and neutral ones and the organization of transactions in national currencies of the countries, which are Belarus’ main trade partners.
The president also drew attention to the need to use friendly systems for transmitting financial data and determine optimal and efficient schemes for the interaction of participants of transboundary transactions. Apart from that, he noted that efficient alternative transaction mechanisms should be used such as debt assignment, transactions in cryptocurrencies, in cash, and so on.
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