Turkey-Belarus business forum

Date: 16 April 2019

The Turkey-Belarus business forum has been organized in Ankara by the Belarusian Chamber of Commerce and Industry jointly with the Foreign Economic Relations Board of Turkey (DEIK) within the framework of the official visit of Alexander Lukashenko, the President of Belarus, to the Turkish Republic.

Among the business forum participants were Igor Lyashenko, Deputy Prime Minister of the Republic of Belarus, Igor Karpenko, Minister of Education of the Republic of Belarus, Pavel Utiupin, Minister of Industry of the Republic of Belarus, Aleksey Avramenko, Minister of Transport and Communications, Oleg Slizhevsky, Minister of Justice, Andrey Rybakov, Chairman of the Belarusian State Concern for Oil and Chemistry, Vladimir Gusakov, Chairman of the Presidium of the National Academy of Sciences of Belarus, Bekir Pakdemirli, Minister of Agriculture and Forestry of the Republic of Turkey, Dmitry Dichkovsky and Ali Ryza Arslan, Co-chairmen of the Belarus-Turkey Business Council, and representatives of more than 40 Belarusian and 100 Turkish companies.

As he addresses the forum, the Chairman of the Belarusian Chamber of Commerce and Industry Vladimir Ulakhovich noted that the forum was supposed to expand the range of the Belarusian products supplied to Turkey, to facilitate growth in mutual trade turnover. "Today, our export portfolio consists mainly of the products of petroleum chemistry, metallurgy, mechanical engineering. Participating in the forum are the companies that represent the spheres that are new and promising for bilateral relations development, including pharmacy, banking sphere, logistics and furniture production," the BelCCI Chairman said.

The forum participants discussed the topical issues of Belarus-Turkey interaction, considered the opportunities for joint projects implementation, investment activity promotion, the issues related to the use of electronic trading platforms in bilateral trade.

Belarusian companies have concluded $325 million worth of contracts with Turkey at the business forum. The Belarusian oil refinery Naftan, Grodno Azot, Amkodor, Mogilevkhimvolokno, Polotsk-Steklovolokno signed contracts to deliver products to Turkey. Agreements on cooperation were also signed by MTZ Holding and Ganja Auto Plant, by the Belarusian Chamber of Commerce and Industry and the Ankara Chamber of Commerce.

Following the business forum, a business matchmaking session was held. The businessmen of Belarus and Turkey negotiated further cooperation in the fields of petroleum chemistry, banking, the production of agricultural equipment, light industry and textiles, innovations, and other.