Belarus ready to create Indian Technology Park on the most favorable terms

Belarus ready to create Indian Technology Park on the most favorable terms

Belarus is interested in Indian investments and is ready to give preferences for the creation of an Indian technology park in our country.

On March 13, Alexander Lukashenko met with the Ambassador Extraordinary and Plenipotentiary of India to Belarus. Saxena Pankaj is completing his diplomatic mission in our country. In recent years, much has been done to develop Belarus-India relations.

First of all, in September 2017, the third, official visit of the Belarus President to India took place. Back then the parties agreed to work on bringing the dialogue to the level of strategic partnership.

The sides discussed the creation of joint ventures. India knows and appreciates Belarusian tractors and grain-harvesting machinery. At the same time, we are talking about the opening of joint ventures both in India and in Belarus.

Alexander Lukashenko, President of Belarus:
India is a very important country for us, with which we would like to have warm and kind relations. We are very interested in Indian investments.

If you have such a desire, we are ready to provide opportunities and preferences for creating an Indian technology park in Belarus on the most favorable terms.

If you have any interest in it (probably you do, because India is a powerful state)... Do you have interest in working in Europe, in the post-Soviet space? We are also interested in creating joint ventures with Indian capital for the production of those products that are critical for your economy - automotive, tractor, agricultural machinery and so on. You know the possibilities of Belarus well. There must be movement in both directions here: you invest in us and create enterprises that you really need, producing goods for work in Europe and the post-Soviet space. We, in turn, create together with you (if you have interest in it) joint ventures that will produce the products you need with the subsequent transfer of technology to you.

India. September 2017

Saxena Pankaj, Ambassador Extraordinary and Plenipotentiary of India to Belarus:
Personally, I consider myself a successful person, because I was in your country when two important events for bilateral relations took place. First of all, your visit to India in September 2017 is worth mentioning. Your agreements have given direction to the development of a bilateral dialogue. Now the government of India is committed to implementing the agreements and both countries are working to implement them.

Today, India is the largest and most promising trade partner of Belarus in South Asia.

According to the results of 2017, the volume of Belarusian exports to India amounted to $308 million. About 76% are potash fertilizers. Chemical products exports also increased.