Tatyana Gracheva

Integration helps Russia and Belarus effectively resist Western sanctions

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Integration helps Russia and Belarus effectively resist Western sanctions, says ambassador.
Due to reduction of gas prices granted by Russia, Belarusian production has become cheaper and more competitive.
An effective resistance to Western sanctions is possible because of an intensive integration of Russia and Belarus in the frames of a Union State, according to Russia’s Ambassador to Minsk Boris Gryzlov.
He noticed that this policy of sanctions makes counties collaborate more closely to become more confident.
A lot of Belarusian businesses are present on Russian market and take part in the Russian State order. This makes Russian producers pay more attention to the quality of their goods and services. It helps the both sides to develop.
According to the ambassador, lower prices on gas for Belarusian businesses gave them the possibility to make their production cheaper and more competitive.
The project of unification of tax and customs legislation in 2022 was mentioned by the head of the Russian diplomatic mission in Minsk.
He also said that there were plans to make a “joint integrated entity to control taxes”. He added that in 2023 Russia and Belarus want to organize one oil and electricity market.
The electric power industry granted to the Belarusian GDP a 14% growth because of the introduction of the first unit [of Belarusian Nuclear power plant] in operation. It means that we have a united electricity market.
Some European states reject Belorussian electricity, but our two counties can consume it themselves, so, a common electricity market is needed.
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Share of agriculture in Ukraine’s GDP exceeded 10%

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In 2021, the share of agriculture in Ukraine’s GDP was the highest among all sectors of the economy and amounted to more than 10%, Minister of Agrarian Policy and Food of Ukraine Roman Leshchenko wrote on Telegram. “Agriculture showed the highest increase in production in 2021 – 14.4%. According to the results of the year, … Read more

An important center opens in Belgrade

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In that city, the Prime Minister of Serbia, Ana Brnabić, met with the founder and CEO of the World Economic Forum (WEF), Klaus Schwab, and Børge Brende, the President of the World Economic Forum. The meeting at the WEF headquarters was followed by the signing of the Agreement on the Establishment of the World Economic … Read more

Integration helps Russia and Belarus effectively resist Western sanctions

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The ambassador noted that Russia has granted Belarus significant discounts on gas prices, and as a result, Belarusian manufacturers have the opportunity to reduce the cost of production, which increases its competitiveness The intensive integration of Russia and Belarus as part of the Union State helps Moscow and Minsk more effectively resist Western sanctions, Russia’s … Read more

PARLIAMENT COMPELS ELECTRICITY SUPPLIERS TO IMPORT ENERGY MINIMUM FROM TWO SOURCES

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Power suppliers working on the Moldovan energy market must import electrical energy minimum from two sources, as per the amendments to the corresponding legislation that were voted for on Thursday by 57 parliamentarians representing the ruling Party of Action and Solidarity and by one representative of the opposition bloc of Communists and Socialists. The law … Read more

Rabobank triples net profit, ups spending on anti-money laundering controls

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Rabobank is setting aside a further €249m to improve its money laundering controls, after the Dutch central bank expressed its concerns and threatened to impose a fine. ‘While we have made improvements, we acknowledge that we have not yet remedied the deficiencies in order to adequately meet the requirements,’ chairman Wiebe Draijer said in a … Read more

Kazakhstan takes lead in food supplies to Uzbekistan

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As the Uzbek State Statistics Committee reports, last year food imports came generally from the countries such as Kazakhstan (34.1%), Russia (27.3%), Brazil (11.2%), Belarus (3.6%), and Ukraine (2.25%). Food imports from Kazakhstan in 2020 hit USD 867.3 mln against USD 996.5 mln in 2021. The share of Kazakhstan in food imports of Uzbekistan reached … Read more

January 2022: Georgian wine export up 51%

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Georgia exported 5,3 million bottles of wine to 35 countries in January 2022, 51 percent more compared to the same period from last year, the Ministry of Agriculture and Environmental Protection announced on Tuesday. The exports generated $11.6 million from the sale of wine abroad in January, marking an increase of 43 percent, according to … Read more