Russia increased its investments in the Belarusian economy

No time to read?
Get a summary

The governments of Belarus and Russia have reached the highest level of interaction in the economic field. This was stated by Alla Bilenko, head of the main department responsible for the coordination and development of Belstat statistical systems. TASS.

According to him, the volume of Russian investments in the Belarusian economy in 2023 reached a record level of $ 5.1 billion, which is $ 1.2 billion more than in 2022.

In 2023, there were 2,312 organizations with Russian capital in Belarus; This figure means an increase of 52% compared to the previous year. The mutual trade volume between the two countries also increased by 6.3 percent compared to 2022.

“These figures show close economic cooperation between countries under external pressure,” Bilenko emphasized.

He noted that Belarusian and Russian statistical institutions have achieved full comparability of key indicators in accordance with international methodology.

In addition, the parties continued to implement the Union program for adapting methodologies, introducing new data sources and using alternative sources of information in 2024. All these measures help the governments of Belarus and Russia to more effectively coordinate actions in the face of sanctions pressure.

Before that, Belarusian companies will be punished To reduce exports to the Russian Federation.

Previously Lukashenko said About the happiness of Russia and Belarus.

No time to read?
Get a summary
Previous Article

Apple officially declares popular iPhone and iPad obsolete

Next Article

Iran announced that it would respond to Israel’s missile attack on the consulate in Syria