Belarusian & Russian Businesses Sign Contracts for 22 bln Rubles

Belarusian and Russian businesses have signed contracts for 22 billion Rubles.

When asked which the most promising areas of development of cooperation between businessmen of the two countries were, Sergey Katyrin, Chairman of the Management Board, President of the Chamber of Commerce and Industry of the Russian Federation, singled out the medical industry, information technology, machinery and equipment, woodworking, heat treatment of metals and regional businesses.

“But there are barriers,” he noted: “For example, there are still no equal conditions for access to participation in state procurement in the two countries. The issue of recognition of conformity certificates issued by the authorized bodies of one state in the territory of another state is yet to be solved. Plus, there is a lengthy procedure for administering VAT on export-import transactions between Russia and Belarus."

By Dimitri Dolaberidze