The third session of Austria-Belarus Business Council

Date: 31 January 2018

Vienna hosted the third session of the Austria-Belarus Business Council. The session was organized by the Belarusian Chamber of Commerce and Industry in cooperation with the Austrian Federal Economic Chamber.

The Chairman of the Belarusian Chamber of Commerce and Industry, co-chairman of the Business Council from the Belarusian side Vladimir Ulakhovich, the Vice President of the Austrian Federal Economic Chamber Richard Sсhents, the CEO of Pisec Group, the Deputy co-chairman of the Business Council from the Austrian side Karl Heinz Pisec, the Director General for Foreign Economic Relations with Central and Western Europe of the Federal Ministry of Science, Research and Economy of Austria Franz Wessig, the Deputy Minister of Foreign Affairs of the Republic of Belarus Oleg Kravchenko, the Ambassador Extraordinary and Plenipotentiary of Belarus to Austria Elena Kupchina, representatives of more than 40 Austrian and 20 Belarusian enterprises all took part in the session.

The Chairman of the Belarusian Chamber of Commerce and Industry Vladimir Ulakhovich informed the participants that the great work had been carried out by the BelCCI and the Austrian Federal Economic Chamber since the previous Council session in September 2016. Several major events were organized, including the business matchmaking event for Belarusian and Austrian companies in Minsk. Moscow played host to the third edition of the Austrian-Belarusian-Russian Business Forum, and the CEI Chambers management meeting was held in Minsk. Vladimir Ulakhovich is convinced that such meetings promote closer contacts with Belarus and help Belarusian manufacturers increase supplies to the European market.

Vladimir Ulakhovich supposes the third session of the Austrian-Belarusian Business Council to further strengthen cooperation between the countries. He highlighted the cooperation and implementation of projects in the scientific sphere, in the fields of information and high-tech solutions, the production of electric transport and the development of the corresponding infrastructure, in the agro-industrial sector and in medical tourism as the priority directions for bilateral relations development.

The Vice President of the Austrian Federal Economic Chamber drew attention to the fact that the Austrian companies recognize the advantages of cooperation with Belarus and continue to invest in the country's economy. Richard Schenz expressed confidence that the session of the Austria-Belarus Business Council, including the presentation of Belarus' economic potential, will promote further contacts between the two countries.

Deputy Foreign Minister of Belarus Oleg Kravchenko highlighted that Austria is a reliable long-term partner of our country, and the current situation is conducive to taking the bilateral economic relations onto a higher level in virtually all the sectors.

During the session, the sides discussed prospects for widening bilateral business interaction; the presentations of economic, investment and touristic potential of Belarus were delivered. The Austrian businessmen were informed on the business climate and the measures taken in Belarus to promote entrepreneurship and digital economy development, on the advantages of doing business within the territory of free economic zones and the "Great Stone" Industrial Park.

The session was followed by B2B negotiations of the business circles representatives.

Based on BelTA