Belarus-India business forum: Visas, flight links and 13 cooperation agreements

Belarus-India business forum: Visas, flight links and 13 cooperation agreements

The Belarusian-Indian business forum in Delhi brought together several dozen Belarusian companies on May 12. Taking part in it was the Belarusian parliamentary delegation headed by speaker of the upper house of the parliament, who is visiting Delhi these days.

The forum brought together chiefs of both state-owned enterprises and representatives of private business.

The sides signed 13 cooperation agreements in New Delhi. The largest Belarusian enterprises MAZ, MTZ, BelAZ, Mogilevkhimvolokno and Orsha Linen Mill signed contracts with Indian companies.

In general, Belarus would like to "reboot" relations with India. One of the topics of today's business conversation is the simplification of visas for business. The parties are also exploring the possibility of direct flights between Minsk and New Delhi.

Belarus is ready to work with India in all fields. One of them is the organization of trolleybus traffic in the Indian cities.

Mikhail Myatlikov, Chairman of the Belarusian Chamber of Commerce and Industry:  
There was a lively conversation. These are new proposals and of course those B2B talks will bring even more new results. For the first time will we supply alcoholic beverages to India - a commercial contract for $0.5 million was signed today. And I think there will be even more agreements that will take start today. This pertains to our wood processing industry that would like to supply these products to the Indian market. 

Vladimir Nesterenko, director general, Orsha Linen Mill:
Today a Belarusian company signed a large, $1 million contract, a difficult contract for a one-time supply of Orsha mill products to the Indian market. I think this is only the beginning, given the interest shown by Indian businessmen. We see our prospects.

The forum has completed but on May 13 businessmen from Belarus and India will continue to negotiate.

After the official part of the event, Mikhail Myasnikovich noted that when it comes to international cooperation Belarus perhaps puts too global challenges, but our country is ready to discuss and solve all the questions and problems that business communities face.

Belarus has initiated the establishment of free trade regime between India and the Eurasian Economic Union, which groups Russia, Belarus, Kazakhstan, Armenia and Azerbaijan.

Mikhail Myasnikovich, Chairman of the Council of the Republic of the National Assembly of the Republic of Belarus: 
Now a working group has been set up to prepare the agreement on free trade zone between India and the Eurasian Economic Union. Indian companies may have a unique opportunity of free trade in the entire Eurasian space, including with some European countries.