Belarus hopes for more vibrant investment cooperation with European companies

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Ambassador Extraordinary and Plenipotentiary of Belarus to Belgium with concurrent accreditation to Luxemburg, Belarus’ Permanent Representative in the European Union Alexander Mikhnevich expressed hope for further development of investment cooperation between Belarus and the European companies. “Many EU companies already have presence in Belarus. The most interesting sectors include machine-building, electronics, chemical products, pharmaceuticals, timber,…

Belarus: Gomel hosts Belarusian-Finnish economic forum

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Fifty representatives of Finnish companies from various industries took part in the Belarusian-Finnish economic forum on September 13, in Gomel, Director General of the Gomel department of the Belarusian Chamber of Commerce and Industry Marina Filonova reported. She mentioned high activity of Finnish businessmen who had sent many applications for participation. “It means that they…

Russia: corporate lending to grow in 2016

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The international rating agency Fitch expects that corporate lending in Russia will grow by 5% in 2016 and retail loans will increase within 3%, the agency’s analyst Anton Lopatin said. “In the first half of the year corporate lending adjusted for currency revaluation increased by 2%. Reasons of this growth – rates have decreased, correspondingly,…