Belarus President invited to spend a few days in UAE


Belarus President invited to spend a few days in UAE

The President of Belarus is paying a working visit to the United Arab Emirates. During the trip, negotiations are planned with the leadership of the UAE, where the sides will discuss the state of the Belarusian-UAE cooperation, the implementation of the previous agreements and promising projects.

During the visit the Belarusian President will hold number of meetings with the authorities and business circles of the UAE.

In January-August 2017 alone, Belarus export to the UAE exceeded $44 million. In the six months of 2017, the amount of direct foreign investment from the UAE was more than $11 million. 

The parties have already signed a loan agreement between the Development Bank of the Republic of Belarus and the Khalifa Fund for Enterprise Development. 

According to the document, the Fund will provide the Bank with about $25 million, which will be used to develop private initiatives, innovations, regional projects and job creation in the Republic of Belarus.

In addition, given the friendly nature of the relationship, Alexander Lukashenko received an invitation of the United Arab Emirates to stay in the UAE for several days.