Belarus counts on powerful development of the Belarusian-Turkish relations. “We consider Turkey as an open country, but now we discover it in a new way, — Prime Minister of Belarus Andrei Kobyakov said. — I look forward to the explosive development of trade and economic relations between the two countries. Being mutually complementary, these countries can build real industrial cooperation. ”
The parties are interested in issues of mutual investment. “We know that Turkey is actively investing in Belarus. Our citizens are well aware of the hotels by Turkish builders. This is President Hotel and Minsk Hotel and Crowne Plaza Hotel. There are various projects that will be implemented. There are quite serious investments in the construction industry ”, — stated the head of the Belarusian government. He noted that Belarus has investment interests in Turkey.
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First of all, it is about creating a tractor assembly plants, automotive vehicles, dump trucks. “As it turned out, they have a great shortage of forage harvesters is the class that we produce,” — said Andrei Kobyakov. According to him, several tests are now actively being held, and if all goes well, major contracts will be concluded for the supply of equipment and in the future an assembly plant in Turkey will be established.
Belarus and Turkey plan to increase bilateral trade to $ 1 billion in 2016.
“Target is to increase bilateral trade to $ 1 billion next year. Now we have nearly $ 600 million. This is absolutely a real challenge, and it is an in-between task ”, — said Andrei Kobyakov. He expressed his strong belief in timeliness of the Belarusian Investment Forum in Turkey.
“This is the very time when the Turkish side is very active, looking for proper partners in the world. Today's talks with the Minister of Economic Affairs show that there is a strong intention for the development of relations with Belarus. The partners are energetic and assertive, they are ready to hold next meeting of the committee on trade and economic cooperation early in the near year ”, — stated the head of the Belarusian government. And we are talking about specific areas of mutual interest.
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During the Forum, the National Agency of Investment and Privatization presented the opportunities for business development in Belarus, including specific investment projects.
“Belarus pays considerable attention to improve business environment in the country — said Director of NAIP Natalia Nikandrava. — In particular, according to the latest Doing Business Ranking , annually publishes by the World Bank, Belarus has been recognized as one of the top reformers in the world and for the number of reforms over the last 10 years, it is on the fourth place among 189 countries of the world. ”
On the Opening day of the Belarusian Investment Forum, about 20 documents, aimed at development of economic relations between the two countries, have been sighed.
The Development Bank of Belarus and the Istanbul Stock Exchange have signed a Memorandum of Understanding. The signing of the memorandum is the result of consistent work of the Development Bank to enter regional financial markets, which are new for Belarusian borrowers. The document is aimed at promotion of cooperation and strengthening of partnerships between the parties on a wide range of issues.
“To talk about specific transactions is a bit prematurely. The memorandum is a platform for the further advancement of our interests in the Turkish stock market, whose potential we appreciate very much. Today, Istanbul is an important regional financial center, and our partner, the Istanbul Stock Exchange is ranked fourth in the world in terms of liquidity in the rating of the World Federation of Exchanges. Therefore, the Development Bank will focus special attention to the intensification of relations with Turkish partners ”, — commented on the signing Chairman of the Development Bank Sergei Rumas.
600 business representatives and officials of the two countries are participating in the Forum. The Belarusian delegation includes the representatives of the National Agency of Investment and Privatization, the Ministry of Economy, Ministry of Foreign Affairs, the National Bank, the Development Bank of the Republic of Belarus, the Industrial Park Development Company, the Administrations of Mogilev FEZ and Grodnoinvest FEZ.
Public officials of Belarus and Turkey will speak at the Forum’s plenary session, which will be held in the form of panel discussions on three main issues: the macroeconomics of Belarus, the investment climate in Belarus, presentation of investment projects and platforms.
The Belarusian Investment Forum is organized by the National Agency of Investment and Privatization, the Embassy of the Republic of Belarus to the Republic of Turkey, the Consulate General of the Republic of Belarus in Istanbul, the Ministry of Economy, and the Ministry of Foreign Affairs.