- Committee
- The Republic of Belarus
- The People’s Republic of China
- Belarus – China
- Business and Law
- Education and science
- News
- Message Board
- Bids (tenders)
- Goods catalogue
- Investment projects
- Innovation projects
- Representative offices of the Chinese enterprises in the Republic of Belarus
- Representative offices of Belarusian enterprises in the Chinese People's Republic
- Republic of Belarus Links catalogue
- The People’s Republic of China Links catalogue
- Subscription
Back
Belarus, China to start $800 mln investment projects in 2008
29 February 2008
Belarus and China will launch investment projects totaling U.S. $700 million-$800 million this year; the Chinese side has prepared nearly all of them, Ambassador to China Anatoly Tozik reported to President Alexander Lukashenko on Friday.
“Trade turnover may reach U.S. $2 billion this year if we manage to complete all projects,” Tozik said.
In 2006, trade between Belarus and China reached $1 billion, and in 2007, a new record of $1.5 billion was reached. In 2007, China signed agreements with Belarus to provide over $750 million in loans.
The president instructed the State Control Committee to double-check the largest investment projects. According to Tozik, some projects might have been implemented much faster but for unnecessary formalities.
Belarus plans to expand its diplomatic presence in China and open its consulate general in Shanghai this year.
Prime-Tass