Austria is one of the most prospective partners of Belarus in the area of investment cooperation, Alexander Mikhnevich, deputy foreign minister of Belarus, has announced at a meeting with a delegation of Austrian business circles
This autumn Belarus plans to hold a Day of Belarus in Austria and invite business circles to attend the event.
The visit is expected to discuss partnership in the field of state-of-the-art telecommunication technologies for constructing a mobile communications network, the implementation of the project to build a blood plasma-processing plant in Belarus, cooperation prospects in the development of automatic systems of dispatch control over power circuits and application of ecological technologies. Besides, other lines of bilateral cooperation are to be considered.
Actually, in January-March 2005 the Belarus-Austria trade turnover grew 27% bringing the total to $19 million as against the same period last year. According to the 2005 results, Austria is 15th on the list of European partners having trading relations with Belarus.