Meeting of Belarusian-German Non-Government Business Cooperation Council
Date: 01 July 2019
The Belarusian Chamber of Commerce and Industry hosted a meeting of Belarusian-German Non-Government Business Cooperation Council.
Attending the meeting were the BelCCI Chairman Vladimir Ulakhovich, the Managing Director of the German Eastern Business Association (OAOEV) Ute Kochlowski-Kadjaia, Co-Chairmen of the Business Cooperation Council – General Director of Helkel Bautechnik JLLC Sergei Novitsky and Director for Public Relations of Remondis Company Felix Zimmermann, representatives of the Ministry of Foreign Affairs, Ministry of Environmental Protection of the Republic of Belarus, both states' businessmen.
Chairman of the Belarusian Chamber of Commerce and Industry Vladimir Ulakhovich mentioned effective work of the Belarus-Germany Non-Governmental Council for business cooperation. Belarus-Germany trade shows positive dynamics. In 2018 it reached $3.3 billion, 16% up from 2017. Belarus imports primarily high-tech, innovative equipment from Germany. The growing volume of export of Belarusian services, primarily transportation and information and communication ones, helps reduce the trade deficit.
Managing Director of the German Eastern Business Association Ute Kochlowski-Kadjaia said that in 2018 Germany has invested a lot in the Belarusian economy. "The interest of the German economy in Belarus has increased considerably. We see an even larger potential in the Belarusian economy in the spheres of information technologies, mechanical engineering, environment, modern technologies for woodworking and logistics," she said. Ute Kochlowski-Kadjaia went on saying: "We believe that Belarus is one of the most economically undervalued countries in Europe. Europe and Germany in particular do not always see the potential available here. We would like to help them utilize it. Events like today's session of the council help with that."
Sergei Novitsky described logistics, energy saving, information and communication technologies as the most promising areas of cooperation. He mentioned the great potential of the China-Belarus industrial park Great Stone. A German company is one of the park's co-owners. The General Director of Helkel Bautechnik JLLC also said that time has come for bolder and more active efforts to advance interaction between small and medium businesses of Belarus and Germany.
The meeting participants discussed prospects of trade, economic, and investment cooperation of enterprises and organizations of Belarus and Germany, including interaction in the sphere of transport, effective usage of natural resources, and problems of bilateral cooperation and ways to resolve them.