Why invest in Belarus?
BY Agencies7 March 2013 4:32 AM IST
Agencies7 March 2013 4:32 AM IST
Direct access to the market of the Customs Union and Common Economic Space (Belarus, Russia, and Kazakhstan); abolition of internal customs barriers; completion of the formation of Common Economic Space; liberalization of foreign exchange transactions; the country’s geographical position; the intersection of rail and road routes, oil and gas pipelines, communication systems, water and air communications between the industrialized Western Europe and Asia are some of the reasons why one should invest in Belarus.
There is also political, social and economic stability. The country also has an abundance of skilled labour. The state relies on public-private partnership. A key advantage for investing in Belarus is reducing of the share of public sector and privatization of state property. This ensures efficient use of resources.
For large strategic enterprises of Belarus refused to quick sale of state assets. National legislation provides for various forms of investor participation in the privatization process. The Investment Agreement with the Republic of Belarus provides investors with additional incentives and preferences. This allows the investor to establish additional safeguards to protect their capital and also get preferential treatment and incentives for the investment project.
There is also political, social and economic stability. The country also has an abundance of skilled labour. The state relies on public-private partnership. A key advantage for investing in Belarus is reducing of the share of public sector and privatization of state property. This ensures efficient use of resources.
For large strategic enterprises of Belarus refused to quick sale of state assets. National legislation provides for various forms of investor participation in the privatization process. The Investment Agreement with the Republic of Belarus provides investors with additional incentives and preferences. This allows the investor to establish additional safeguards to protect their capital and also get preferential treatment and incentives for the investment project.
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