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Potential investors praise Belarus plans
New York City News.Net
Sunday 22nd November, 2009
Belarus is seeking to open up to Western investors.
In a push to revive its cash-strapped economy and lessen its dependence on Russia, potential investors have been at a forum in Minsk to hear the country's plans to form a new customs union with Russia and Kazakhstan from July 2010.
As part of the bloc of ex-Soviet states, Belarus wants to become a gateway for businesses into the area.
Unlike neighbouring Ukraine, Belarus has remained relatively insulated from the global financial crisis and has offered its potential investors a measure of political stability,
Its president, Alexander Lukashenko, has been in power since 1994.
The International Monetary Fund last month praised Belarus' fiscal policies and its reforms to develop the private sector.
Belarus is one of the world's lowest-rated countries according to Moody's and Standards and Poor's ratings agencies, with the state still controlling some 75 percent of the economy.  Email this story to a friend
Comments on this story
Anonymous
11-23-09, 06:56 AM |
Belarus calls for new investors
Once these western investors (another name for the anglo-american-european jewish banking oligarchs) invest (another polite name for corruption) in Belarus, you will see the dismantling of the Belarus government to become a government owned by these bankers and a government whose existence is to serve these bankers’agenda, you will also social disintegration. you will also see belarus becoming the fodder cannon for attacking Russia.
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