India-Belarus business forum

Date: 11 September 2017

Shortly before the official visit to India of the President of the Republic of Belarus Alexander Lukashenko, the Belarusian Chamber of Commerce and Industry in cooperation with the Federation of Indian Chambers of Commerce and Industry organized the India-Belarus business forum. 

*Photo by BelTA

The forum was held in New Delhi. Partaking in it were Vladimir Semashko, Deputy Prime Minister of the Republic of Belarus, Vladimir Makei, Foreign Minister, Valery Malashko, Minister of Healthcare, Vitaly Vovk, Minister of Industry, Nikolai Efimchik, Chairman of the "Bellegprom" Concern, Igor Lyashenko, Chairman of the "Belneftekhim" Concern, Vladimir Ulakhovich, Chairman of the BelCCI, Shri Anant Geete, Minister of Heavy Industries and Public Enterprises of the Republic of India, Vikramjit Sahney, Chairman of the Executive Council of the Federation of Indian Chambers of Commerce and Industry, heads of a number of branch ministries and business associations of India, as well as more than 120 representatives of business communities of the two countries.

Vladimir Semashko spoke in detail about the advantages of cooperation with Belarus. He noted that the main factors are the growing attractiveness of the Belarusian economy, favorable business conditions, geographical advantages, the opportunity to promote products and services in the common market of the Eurasian Economic Union.

The Deputy Prime Minister of the Republic of Belarus invited the Indian business to invest in such priority areas for Belarus as pharmaceutics, bio- and nano-technologies. Moreover, he suggested establishing joint ventures in India and to developing cooperation in agricultural machinery production.

Vladimir Semashko added that Belarus is ready to support every project with special personnel training programs both in Belarus and India.

Within the framework of the business forum, partners from Belarus and India signed 10 agreements and memorandums on cooperation in the fields of healthcare, tourism and mechanical engineering.

A session of the Belarus – India Business Cooperation Council was held after the end of the business forum. Indian businessmen were presented with Belarus' business climate and investment opportunities, the prospects of industrial co-operation, advancing goods to the markets of the countries of the Eurasian Economic Union and the European Union, the interaction in the field of municipal transport development.

Representatives of the enterprises of the two countries negotiated further cooperation in the fields of pharmacy, food industry, trade and investments, export and import operations, infrastructure projects, petrochemistry, information technologies and services, healthcare, financing activities, mining industry, mechanical engineering, woodworking, education, biotechnologies, and many others.

Priority areas for cooperation of Chambers of Commerce and Industry were discussed during the meeting of Vladimir Ulakhovich, the Chairman of the BelCCI, with the leadership of the Federation of Indian Chambers of Commerce and Industry.


Based on BelTA