Belarus, Poland to increase trade from $2.5bn to $4bn in coming years

Belarus, Poland to increase trade from $2.5bn to $4bn in coming years

The level of turnover of Belarus and Poland in the coming years should increase from $2.5 billion to $4bn. There are all prerequisites for this, say participants of the business forum Neighbourhood. It has been held for the 20th time and has gathered 500 representatives of business circles of Belarus and Poland.

Already today the sides signed a package of documents on cooperation. Among them is a memorandum on the development of transport infrastructure in Vitebsk.

Tomasz Szuba, CEO of a construction company (Poland):
We will construct, modernize and reconstruct tram tracks. Everything connected with the tram infrastructure will be modernized using modern structures with very long operating time. After we do this, urban transport will be much better, quieter.

Now Poland is among the top ten investors in Belarus.

For example, in 2015 alone, the amount of investment was at almost $200 million. Now Belarus and Poland are considering the possibility of creating another ten joint projects.

Vladimir Ulakhovich, Chairman of the Belarusian Chamber of Commerce:
Today Belarus plays a special role in the Eurasian Economic Union. On the one hand, we are a kind of gateway. On the other hand, we are playing a role of an industrial player, the industrial heart of the Eurasian Economic Union. In this regard, we are creating a very good platform for our European partners who can open joint production facilities here, create products with Belarusian added value and promote these products in the market of both the Eurasian Economic Union and the European Union.