The National Agency of Investment and Privatization (NAIP) invites the government to introduce a visa-free regime for the countries that most actively invest in the Belarusian economy.
“We believe that the visa-free regime can be offered to those countries that are the main investors in Belarus. Our proposals, which involve the introduction of the visa-free regime, are supported by ministries, state institutions and have already been submitted to the government” said director of NAIP Natallia Nikandrava to BelaPAN.
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She cited Kazakhstan as an example, where in 2015 a visa-free regime was introduced for visitors from 19 countries in order to create favorable conditions for foreign investors. “The decision provides for the possibility to enter Kazakhstan for up to 15 days for business purposes without a visa. Kyrgyzstan introduced a visa-free regime in 2012 in relation to 44 countries,” noted the director of NAIP.
According to Natallia Nikandrava, the decision to introduce the visa-free regime would have a positive impact on relations between Belarus and the European Union. “The decision to introduce the visa-free regime by Belarus would be very useful in the light of the warming of our relations with the European Union. In addition, it could contribute to the simplification of visa formalities by the EU against Belarusian citizens” she said.
NAIP, according to her, will initiate other steps to improve the investment attractiveness of Belarus. “The National Agency plans to take over the functions of the coordinator of The Foreign Investment Advisory Council under the Council of Ministers. We expect the decision on the part of the government, to get the appropriate authority,” said Nikandrava.
The Council can become an effective institution through which with the support of the business community it will be possible to formulate concrete measures to improve the investment climate in the country.
Source: BelaPAN