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Russia, Belarus to reach record high level in trade this year

"We will continue consistent elimination of existing barriers for mutual trade, support comfortable conditions of accessing markets for our companies," Russian Prime Minister Mikhail Mishustin pointed out

Russian Prime Minister Mikhail Mishustin and Belarusian Prime Minister Roman Golovchenko Alexander Astafyev/POOL/TASS

Russian Prime Minister Mikhail Mishustin and Belarusian Prime Minister Roman Golovchenko

© Alexander Astafyev/POOL/TASS

MOSCOW, November 29. /TASS/. Moscow and Minsk scaled up the mutual trade turnover by 8% during the first nine months of this year to about 3.25 trillion Russian rubles ($36.6 bln), Russian Prime Minister Mikhail Mishustin said at the meeting of the Union State’s Council of Ministers.

"The mutual trade turnover added 8% more during the first three quarters of this year and amounted to about 3.25 trillion Russian rubles. All the grounds are in place to believe that we will surpass record-high trade indicators of the last year.

Over time, the total positive effect for the Belarusian economy from the complete implementation of all Union State programs is estimated at 120 bln Russian rubles ($1.4 bln) annually, which will provide for the extra growth of the gross domestic product of the Republic by about two percentage points, Mishustin noted.

"We will continue consistent elimination of existing barriers for mutual trade, support comfortable conditions of accessing markets for our companies. We will pay particular attention to support of small and medium enterprises, and creation of new jobs in production sectors," he added.

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Belarus Trade & Cooperation Mikhail Mishustin

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