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02 February 2024, 16:16

PM: Belarus hopes to launch an industrial cooperation support tool in EAEU in 2024

ALMATY, 2 February (BelTA) – Belarus hopes to launch a mechanism to support industrial cooperation projects in the EAEU this year, Belarus’ Prime Minister Roman Golovchenko said at the Eurasian Intergovernmental Council meeting in Almaty, BelTA has learned.
“Last year, basic documents were drafted in order to launch a fundamentally new mechanism to finance industrial cooperation projects in the EAEU by subsidizing them from the EAEU budget. All necessary decisions at the level of the Supreme Eurasian Economic Council and the Eurasian Intergovernmental Council were taken. Criteria for selecting projects were determined; a list of financial organizations entitled to subsidizing such projects was approved. We expect that this mechanism will be launched this year and there will be no delays. I ask the Eurasian Economic Commission to reach out to all interested parties and arrange this work in a timely manner. We do not want excessive formalism, the main thing is to get these projects approved and to start working on their implementation immediately. The funding allocated from the EAEU budget to support industrial cooperation must be utilized in full throughout this year and next year,” Roman Golovchenko emphasized.
He also mentioned the Eurasian Electric Bus project. “In line with a resolution of the Eurasian Economic Commission Council, interested member states of the union were asked to determine national customers, coordinators and participants in the development of the draft program for this project. I would like to ask my colleagues to fast-track fulfilment of this instruction within respective states, to take an active part in the work on the program. We all need this, it will give a great boost to our science and technology and will help the EAEU countries to wean themselves off their reliance on imports,” the prime minister noted. 

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