Accession to the World Trade Organization will be pursued in compliance with the 2016-2020 national export support and development program among other things.
As the Foreign Economic Affairs Department of the Belarusian Ministry of Foreign Affairs informs, Belarus will continue negotiating its accession to the World Trade Organization (WTO). The negotiations will be aimed at shaping and agreeing balanced and favorable terms of Belarus' membership in the World Trade Organization.
Work to that effect will be pursued in compliance with the 2016-2020 national export support and development program among other things. BelTA reported earlier that the program is designed to ensure growth, development, and diversification of Belarus' export, primarily innovative and high-technology varieties. The document outlines the main directions of foreign economic efforts and stipulates concrete practical actions meant to bolster Belarus' stance on traditional markets and gain access to new markets. Plans have been made to expand Belarus' trade and economic ties with various countries, regional associations, and international economic organizations, including the World Trade Organization.
The Belarusian government has invited the European Bank for Reconstruction and Development (EBRD) to prepare five large state-owned companies for privatization.
Officially, the unemployment in our country is reducing – if judging by the number of registrations at the labor exchange; however, the number of jobs doesn’t increase in the economy.
Recently Belarus State Military Industrial Committee announced that in the first half of 2016 its enterprises earned a net profit of $80m, thus over-fulfilling the assigned export plans by a quarter.
Poor economic conditions in the countryside, restrictions, unfair competition, inefficiency of state-owned agricultural enterprises also contribute to this ‘success story’, writes Aliaksandr Filipau.
On 20 June Lukashenka met with vice-chair and president of the Chinese CITIC Group Corporation Wang Jiong; it seems especially important in light of Lukashenka’s planned visit to China in September.
All the conditions for everyone to be able to earn a decent salary have been enabled in Belarus, however, it is necessary to make some effort to get the money, assumes the president.
Belarus is losing currency earnings – in the 6 months of 2016 the country earned 3 billion less than in the same period in 2015. Instead of removing the causes of the flop the state relies on magic.
He said Belarus would likely face economic tightening not only as a result of the coronavirus pandemic but also a Russian trade oil crisis that worsened this past winter.
In his report, philosopher Gintautas Mažeikis discusses several concepts that have been a part of the European social and philosophical thought for quite a time.
It is impossible to change life in cities just in three years (the timeline of the “Agenda 50” campaign implementation). But changing the structure of relationships in local communities is possible.