VOLUME OF TRADE BETWEEN RUSSIA AND BELARUS MIGHT EXCEED $16 BILLION BY THE END OF 2004
Published:
23 December 2004 y., Thursday
Trade turnover between Russia and Belarus might exceed $16 billion by the end of 2004, announced Russian Premier Mikhail Fradkov at the opening of the meeting of Russian and Belarus Council of Ministers in the capital of Belarus.
"Trade volume might exceed $16 billion by the end of the year. It is a record amount reflecting a dynamic development of our trade and economic relations," announced the Russian Premier.
He said that in recent years Russia and Belarus had made great efforts to increase the level of integration and created a legal basis for cooperation between the two countries. The sides signed more than 200 intergovernmental treaties and agreements during this period.
Mr. Fradkov also mentioned that during his stay in Minsk he discussed a wide range of issues with Belarussian President Alexander Lukashenko and Belarussian Prime Minister Sergei Sidorsky. "Both Russia and Belarus believe in the great potential of mutual cooperation. They are willing to give it a new boost," the Russian Premier underlined.
The agenda of the meeting of the Union State's Council of Ministers consists of 17 issues, including the implementation of the plan on the introduction of common currency of the Union State for the period 2001-2005 and its revision; the implementation of the 2004 budget and the draft of the 2005 budget. In addition, the Council will discuss changes and amendments to the Regulations on the budget classifications of the Union State; an amendment to the Regulations on the committee on tariff and non-tariff policies; a draft of the plan on creating the infrastructure at the external borders of the Union State; the issue of common policies in the sphere of standardization, metrology and certification; the preparation of accounting reports in the sphere of energy industry for 2005; and the main directions of migration policies on the territories of countries-members of the Treaty on the formation of a Union State.
Šaltinis:
RIA Novosti
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
An International Monetary Fund (IMF) mission led by Mr. Hunter Monroe of the IMF’s Western Hemisphere Department visited Dominica during January 18-28 for the annual Article IV discussions on economic developments and macroeconomic policies.
more »
Experts in agriculture and government authorities coincided in requesting new management mechanisms and market regulation to protect the farming sector from the price crisis and enable generational changeover in rural areas at the European Congress of Young Farmers, organised by the ASAJA-Seville agricultural organisation.
more »
Immediate action is required to solve Europe's skills deficiencies and give Europeans a better chance of labour market success in the future, says an independent expert report published by the European Commission today.
more »
The European Investment Bank (EIB) is lending EUR 15.5 million to upgrade water supply and wastewater treatment in the City of Mykolayiv (southern Ukraine) and EUR 100 million to finance small and medium-sized investments in the areas of SMEs, energy efficiency and the environment in Ukraine.
more »
The European Commission can confirm that on 20 January 2010 Commission officials carried out targeted inspections at the premises of producers of Flexible Alternating Current Transmission Systems (FACTS).
more »
The European Commission has authorised today under the State aid rules a Lithuanian scheme worth LTL 10 million (approximately EUR 2.9 million) aimed at supporting farmers who encounter difficulties as a result of the current economic crisis.
more »
The effects of the global food, fuel and economic crisis would be felt by Africa’s people for some time yet and it was important to persist with efforts to protect the most vulnerable while laying the foundations for future productivity and growth, World Bank Group President Robert B. Zoellick said Tuesday.
more »
Mongolia’s herders have learnt a hard lesson this winter; a lesson that can perhaps be applied to managing Mongolia’s economy.
more »
DnB NORD Bankas, the leader of the country’s in investment products market, raises initial margin ratio for repurchase deals for most actively traded Lithuanian and Estionian shares.
more »
With over 23 million unemployed in the Europe Union and the jobless figure having risen in every member state since last year, how Europe is coping with the crisis and the effect on pension systems were discussed on Thursday 28 January.
more »