The Russian government has approved the draft protocol envisaging the extension of the agreement with Belarus on measures to regulate trade and economic cooperation in the field of oil and oil products exports until the end of 2026. The relevant order was published on: portal Official publication of legal regulations.
On January 12, 2007, an agreement was signed between the governments of Russia and Belarus on cooperation in the field of oil and refined products supplies.
The document, valid until December 31, 2024, has been extended until December 31, 2026. Moreover, its validity will be automatically extended for subsequent annual periods unless either party notifies the other party of its intention to terminate the contract three months before the end of the next annual period.
November 22, Belarusian Foreign Minister Maxim Ryzhenkov statedIt was stated that the trade volume between the republic and Russia in the January-September period approached 40 billion dollars.
Deputy Prime Minister of Russia Alexey Overchuk in the summer accepted Increasing trade between Russia and Belarus to a record level of 60 billion dollars by 2024.
The majority of settlements in Moscow and Minsk are carried out in national currencies. By the end of 2023, their share was 92%.
Previously head of the Belarusian Ministry of Foreign Affairs stated About the closest relations between Moscow and Minsk.
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Source: Gazeta
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