Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
Astronauts to make quickest trip ever to ISS in DecemberScience & Space September 22, 16:27
Russian frigate Admiral Essen returns to Crimea after mission in MediterraneanMilitary & Defense September 22, 16:24
Experts believe Russia not ready for crypto assetsBusiness & Economy September 22, 16:09
MINSK, October 11 (Itar-Tass) — Belarus will not restrict foreign investments, Prime Minister Mikhail Myasnikovich told a meeting of the Council of Ministers on import replacement on Tuesday.
“We offer not to restrict the investment import,” he said. “We’ve already taken a decision on this issue and we need to fulfill it. This is the future”
In 2011 Belarus has improved the structure of the investment portfolio, Myasnikovich said.
However, investments into equipment and technologies account only for 40 percent in the total investment volume.
“Therefore in 2012 and further on we will try to invest into machinery, equipment and technologies – everything that gives fast feedback, real added value and new competitive products,” he said.
The main sources of the investment import should be direct foreign investments, foreign bank’s loans as well as domestic enterprises’ own funds.
“Today our own banking system cannot meet the demands of our economy,” Myasnikovich said.
The head of government also noted that soon new approaches to subsidizing the economy will be launched.