Belarus Negotiates Trade, Economic Relations with New EU Members
Published:
8 May 2004 y., Saturday
Belarus is negotiating new bilateral trade and economic cooperation agreements regarding the European Union (EU) enlargement.
The earlier agreement signed with Hungary and the Czech Republic lost validity on May 1, 2004 due to the countries’ obligations to the EU. In April Belarus signed new trade and economic agreements with Poland and Latvia, and amended current agreements with Slovakia and Estonia.
"Belarus is a responsible and reliable neighbor of the European Union. Besides, Belarus is an important factor of Europe’s security and economic interaction in the region. The new border of the European Union should not become a separation line and barrier for cooperation,” representative of the Belarusian MFA stated.
Belarus is interested in bilateral trade and economic relations with all EU countries, and hopes to develop dialogue between Minsk and Brussels.
According to the Belarusian Foreign Ministry, after the EU enlargement the share of the EU in Belarusian foreign trade will rise from 18% to 35%. Currently, Belarusian trade with the EU is at about U.S. $ 1 billion, and it may increase dramatically.
Šaltinis:
belarusembassy.org
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Reform of the banking system was one of the key themes at this year's World Economic Forum in Davos, with bankers coming in for a lot of criticism.
more »
Small firms have been hard hit by the economic crisis, and so must be given incentives and support, including easier access to credit, help with innovation, tax breaks and less red tape, MEPs on Parliament's Special Committee on the Financial, Economic and Social Crisis (CRIS), and experts agreed at a workshop on Monday.
more »
The elections and investiture of Porfirio Lobo as President of Honduras have cleared the way for the EU to restore normal relations with the Central American country and negotiations for signing a bi-regional Association Agreement may soon resume.
more »
The European Commission has approved applications from Lithuania for assistance under the European Globalisation Adjustment Fund (EGF).
more »
The European Commission has decided to refer Italy to the European Court of Justice (ECJ) on the basis of Article 108(2) of the Treaty on the Functioning of the European Union (TFEU) for failing to comply with a Commission decision of July 2008.
more »
The EBRD is helping to strengthen the financial sector in Bosnia-Herzegovina (BiH) with a €50 million credit line to the Deposit Insurance Agency of Bosnia and Herzegovina (DIA), the Bank’s first investment in a deposit insurance entity.
more »
In its first investment in the natural resources sector in Bosnia and Herzegovina, the EBRD is providing a €17 million sovereign loan to finance the gasification of the Central Bosnia Canton.
more »
The EBRD is increasing the availability of financing to private businesses in Armenia with a $5 million credit line and a $3 million trade finance facility to ArmSwissBank for small and medium companies (SMEs).
more »
On January 27 the European Commission assessed the action taken by Lithuania, Malta, Latvia and Hungary in response to recommendations proposed by the Commission and endorsed by the Council in July 2009 in respect to the correction of their respective budget deficits.
more »
EUROSTAT announced that Lithuania’s GDP rose by 6.1 % in the 3rd quarter of 2009 versus the previous quarter.
more »