The recent lifting of sanctions coupled with a keen desire to diversify its trade into global markets means Belarus is making a renewed effort to court outside investment. Its deputy prime minister, Vladimir Semashko, describes to Natasha Turak how the country intends to achieve these goals.
Latest articles from Belarus
Eurotorg has expanded rapidly in the past few years, growing from a small, local grocery chain into an international operation, with stores in three countries as well as an online service. Its challenge now is to maintain this momentum over the long term.
Special economic zones are being developed across Russia and the Commonwealth of Independent states. Their success will rest on their ability to overcome bureaucracy and customs issues. Jason Mitchell reports on the effects across the region.
With its two closest neighbours on the brink of war and its largest economic partner suffering a downturn, Belarus has found itself in a delicate situation over the past 14 months. Government officials in Minsk tell Courtney Fingar how the country intends to navigate its difficult new path.
The Belarusian capital of Minsk has struggled to shed its dour image, particularly when compared with eastern European tourism hotspots such as Prague and Budapest. However, the city's leader, Andrei Victorovich Shorets, is encouraging both tourists and investors to discover what is one of Europe's final frontiers for themselves.
The Belarusian economy has been hit hard by Russia’s economic problems. Sergei Roumas, chairman of the Development Bank of the Republic of Belarus, tells Andrew Wrobel how the bank's projects are largely not at risk from this downturn, and says the country still has much to offer.
Attracting investment to Belarus has been a priority in the country for a number of years. However, as the country's minister of economy, Nikolai Snopkov, told Courtney Fingar at an investment forum in London, the country can and will do better when it comes to FDI.
The Belarusian president's economic advisor, Kiryl Rudy; the minister of the economy, Nikolai Snopkov; and deputy foreign minister Aleksandr E Guryanov explain to Andrew Wrobel the advantages foreign companies will gain from investing in Belarus.
Long established as a hub of manufacturing excellence among central and eastern European countries, Belarus is now targeting Western companies as it looks to demonstrate its openness and business credentials on a global scale.
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