President stressed importance of cooperation

In his address to the business community, the President noted that it is neither possible nor necessary to fully produce all required goods. He emphasized the importance of rationally using the potential of Belarus's cooperation with all partners, combining production competencies, and solving tasks in key technologies. Speaking about cooperation with Russia, the President cited examples of successful import-substitution projects in the fields of microelectronics, aircraft manufacturing, and localization of automotive components. Regarding China, he noted prospects for joint projects in the pulp and paper industry, where interest from international players is growing. According to the head of state, integration of technologies and exchange of experience utilize "direct and indirect investments" as well as opportunities offered by joint ventures.

Context

Belarus's industrial development strategy is focused on partnership models aimed at establishing import-substitution projects and expanding the community market.