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12.02.2021

The Horizons of the Belarusian-Chechen Trade and Economic Cooperation Are Expanding

By the Belarusian Council of Ministers decree, the State Authority for Military Industry (SAMI) was appointed responsible for trade and economic cooperation with the Chechen Republic (Russia), and the Deputy Minister of SAMI Viachaslau Rassalai was appointed the head of the Belarusian national part of the working group. On 10 February, via videoconference, Viachaslau Rassalai held talks with the Minister of Industry and Energy of the Chechen Republic Rustam Shaptukaev on issues of cooperation in the trade and economic sphere. The conversation took place in the atmosphere of mutual interest and constructive dialogue.

Viachaslau Rassalai noted that over the past five years the trade turnover between Belarus and the Chechen Republic has increased almost threefold, which indicates a real interest in mutually beneficial contacts. In order to specify the areas of trade and economic cooperation, determine the interaction’s participants, the timing of the stages and individual measures of cooperation, the Belarusian side proposed jointly to develop and agree on an action plan for cooperation until 2023 before the next meeting of the working group and sign it in the near future.         

Rustam Shaptukaev noted that one of the key areas of the implementation of the proposed plan, which is a kind of roadmap for the development of mutually beneficial cooperation, could be the presence of Belarusian residents in the special economic zone of industrial and production type “Grozny”, created in the Chechen Republic in 2019 by the decision of the Russian Federation government.         

The parties expressed interest in further deepening of production and cooperation ties and developing effective mechanisms to support and stimulate trade and economic relations between the Republic of Belarus and the Chechen Republic.