Business forum "China – Belarus: trade and economic relations, prospects for cooperation, investment potential"



Date: 10 November 2020

The Belarusian Chamber of Commerce and Industry hosted the business forum "China – Belarus: trade and economic relations, prospects for cooperation, investment potential", a major event of the business program of the online exposition of the Republic of Belarus within the framework the third China International Import Expo.

Addressing the forum were the BelCCI Chairman Vladimir Ulakhovich, Secretary General of the Silk Road Chamber of International Commerce (SRCIC) Ms. Bian Xuexue, Vice-president of the China chamber of commerce of the import and export of foodstuffs, native produce and animal by-products (CFNA) Mr. Xu Xiaohu, Vice-President of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) Mr. Shi Yonghong, Vice President of the China Chamber of Commerce for Import and Export of Textile and Apparel (CCCT) Mr. Zhang Xi'an, President of the China Chamber of Commerce for Import and Export of Light Industrial Products and Arts-Crafts (CCCLA) Mr. Wang Zhongqi, Counselor for Trade and Economic Affairs of the Embassy of the People's Republic of China in the Republic of Belarus Ms. Zhao Qiuyan, Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus; Bank BelVEB, OJSC – official sponsor of the national exposition Kirill Rudy, Head of the Administration of the Great Stone China-Belarus Industrial Park Alexander Yaroshenko, representatives of the Ministry of Agriculture and Food of the Republic of Belarus, large companies of the two countries.

The participants discussed the development of trade and economic relations, prospects for cooperation, the investment potential of the two countries, the possibilities of promoting Belarusian food and petrochemical products to the Chinese market, the implementation of projects in logistics, innovation, directions for further development of the Great Stone Industrial Park and the benefits of implementing investment projects within the framework of preferential regimes in Belarus.

Vladimir Ulakhovich noted that the cooperation between Belarus and China has been developing rapidly. Even during the pandemic, the countries are keen to strengthen cooperation and achieve concrete targets, to increase trade and intensify cooperation in logistics and transport with the help of new logistic chains and new joint projects. "Another area that has been actively developing in recent years is interregional cooperation, which has a great potential for growth. We will also discuss cooperation in new technologies and innovations," the BelCCI Chairman said.

"China is Belarus' highly important trade and economic partner as well as a strategic partner at the global level in Eurasia. In its turn, Belarus is also China's important partner that can offer its capacities in infrastructure, logistics, technology, trade and economy. We view the forum as a means to exchange views on the cooperation development and propose new cooperation areas, projects, and opportunities that definitely exist," Vladimir Ulakhovich added.  

 

Based on BelTA

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