Posted: 26.09.2022 14:54:00

Belarus, China intend to work on creation of ‘green corridors’ to increase mutual trade

Belarus and China are ready to liaise on development of ‘green corridors’ to create favourable conditions for further expansion of mutual trade – as informed by Deputy Economy Minister Alesya Abramenko

“Despite a considerable geographical distance and difficult logistics chains in the conditions of sanctions, China remains one of Belarus’ most important strategic partners. It is demonstrating an active interest in the development of joint trade and economic initiatives. A course to further strengthen liaisons with China is an absolute priority of Belarus’ foreign policy, and it has a long-term and sustainable character. Of course, the increased transportation costs account for a significant share in the total cost of products, while affecting their market competitiveness. At the same time, Belarus and China intend to work on the creation of ‘green corridors’ to form favourable conditions for further expansion of mutual trade," the Deputy Economy Minister – who also heads the working group to ease trade procedures of the Commission on Trade and Economic Co-operation at the Belarusian-Chinese Intergovernmental Committee – said.