Китай Belarus Ukraine Russia Manufacturing ups Enterprise Китай Belarus Ukraine Russia
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Belarus plans to export more to Russia, China

Commodity flows will be re-channeled from Western countries and Ukraine into friendly nations, mostly Russia and China, First Deputy Economy Minister of Belarus Yuri Chebotar said at the meeting of the Vitebsk Oblast Executive Committee to discuss the region's industrial sector, BelTA has learned. “Foreign trade has reached a state of balance and we believe this balance will be preserved.

Over the past three months, the export grew by 4.8% year-on-year, the trade surplus approached $1 billion. As far as manufacturing is concerned, this sector was affected by the sanctions the most, but at the same time it quickly bounced back despite the unfavorable environment.

According to regulators, it takes 2-3 months to rebuild logistics, resolve the issues related to the purchase of raw materials and components, and launch additional production processes,” Yuri Chebotar said.

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