Chinese, Belarusian entrepreneurs discuss economic cooperation

10:23, March 25, 2010      

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Representatives from over 20 Chinese enterprises held discussions with their Belarusian counterparts here Tuesday on further advancing bilateral economic and trade cooperation.

Located in the central European continent, Belarus has a stable political and social environment and comparatively low labor cost, said Vitaly Romanov, chairman of Belarusian Chamber of Industry and Commerce.

Belarus has provided a series of preferential policies for foreign investors, as well as relevant laws and regulations to protect the interests of investors, he said.

In 2009 total foreign investment to Belarus amounted to 9.3 billion U.S. dollars, four times higher than that of six years ago, said Romanov.

Speaking highly of contribution from Chinese entrepreneurs to the economic development of Belarus, Romanov welcomed further investment from China into Belarusian mechanics, chemical industry, energy, telecommunications and infrastructure.

On the eve of Chinese Vice President Xi Jinping's visit to Minsk, some 50 representatives from more than 20 Chinese entrepreneurs came here to discuss cooperation on long-term major projects with their Belarusian partners, said Chinese Ambassador Lu Guicheng.

The delegation organized by the Chinese Ministry of Commerce would substantially promote cooperation between China and Belarus on sectors such as economy, trade, technology and investment, said Lu.

Chinese Vice President Xi is expected to arrive in Minsk on Wednesday.

Source: Xinhua
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