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Does Belarus have a working plan to withstand sanctions?
Since the 2020 political crisis began in Belarus, the EU, the UK, and the US enacted targeted sanctions against Belarusian officials and government-linked businesses. These sanctions did not aim at the economy as a whole. Experts did not expect...
19 April 2022
Can Russia compensate Belarus losses from Western sanctions?

On 12–13 April 2022, Alexander Lukashenka paid a working visit to Russia’s Far East. This was his third trip to the neighbouring country this year. According to Russian media, talks taking place between Lukashenka and Russian President Vladimir Putin...

6 March 2018
Shrinking economic freedom and milk war with Russia – Belarusian economic digest

On 16 February 2018 Belstat, the official statistical body of Belarus, announced that GDP growth for the first month of the year had reached a new high, surpassing the previous month’s record. Meanwhile, the Heritage Foundation’s statement on 5 February...

6 February 2018
State-owned enterprises threaten economic prospects – digest of the Belarusian economy

On 24 January 2018, government officials announced new plans for support to Belarusian entrepreneurs in the current year. Meanwhile, according to Belstat, the state industrial sector remains the main driver of economic growth accompanied by a strong recovery of...

1 November 2017
Economy recovers, but remains structurally vulnerable – digest of the Belarusian economy

During a trip to Minsk on 5 October 2017, Venezuelan President Nicolas Maduro showed strong optimism on economic teamwork with Belarus, but forgot to mention the buildup of outstanding debts. On 25 October, the National Bank of Belarus gave its...

4 October 2017
The autumn of liberalisation – digest of the Belarusian economy

On 26 September 2017, Belarusian officials declared plans for the liberalisation of the economy by developing a new decree on freeing up Belarusian entrepreneurship. Moreover, on 28 September, the First Deputy Prime Minister of Belarus Vasily Matyushevsky announced the...

7 September 2017
State debt and weak trade policy test Belarus recovery – digest of the Belarusian economy

On 5 September 2017, Belarusian president Alexander Lukashenka once again declared the need to accelerate the government’s efforts to improve legislation concerning economic embezzlement and other abuses that are slowing down the economic development of the country. Meanwhile, export...

27 July 2017
Belarus and Ukraine cooperate in the face of Russian pressure

Belarusian President Alexander Lukashenka travelled to Kyiv on an official visit on 20-21 July. Both Belarus and Ukraine, for different reasons, are seeking to reinvigorate direct dialogue between their leaders, which they resumed three months ago in the Chernobyl...

28 February 2017
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Consumption in stand-by mode, investments and trade – digest of the Belarusian economy

On 20 February 2017, Belstat, Belarus's official statistical agency, announced that the GDP has once again dropped by 0.5 per cent in January compared with the same month in 2016. However, on 21 February 2017, Prime Minister of Belarus Alexey...

3 February 2017
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Surviving year two of recession – digest of the Belarusian economy

On 3 January 2017, The Eurasian Development Bank​ announced that Belarus is the only economy among CIS countries with a forecasted GDP decline in 2017. Meantime, the biggest problem of 2016 remains unresolved – on 28 January 2017, the Deputy...

15 September 2016
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Belarusian MFA and the diaspora: a complicated relationship

Speaking at a meeting of the Consultative Council for Belarusians Living Abroad on 5 September in Minsk, Belarus's foreign minister Vladimir Makei sought support from the Belarusian diaspora in preserving the country's “independence, sovereignty and statehood”. This is a recent...

3 May 2016
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The Long Road to Liberalization: Digest of Belarus Economy

On 29 March 2016 Prime Minister Andrei Kobyakov proclaimed the government's intention to speed up the long-awaited process of joining the WTO. Moreover, after renegotiating different scenarios for pension reform in Belarus, the authorities have agreed to an increase in...

8 April 2016
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Upgrading Relations with Europe, Winning in an Embassy Row – Belarus Foreign Policy Digest

In recent weeks, Belarus managed to noticeably upgrade the level of its relations with EU countries. However, the ministerial-level meetings have been limited to Belarus’ long-time sympathisers in Europe (Hungary and Slovenia) as well as its closest neighbours (Poland). The...

30 March 2016
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Belarus and Poland Determined to Improve Relations

On 22-23 March, Polish Minister of Foreign Affairs Witold Waszczykowski visited Belarus, as he explained, to normalise relations "without any pre-conditions". Prior to Waszczykowski's visit, Alexander Lukashenka had not yet confirmed whether he would meet with the Polish minister. Despite...

17 March 2016
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Belarus Retains Death Penalty, Promotes UN Reform – Belarus Foreign Policy Digest

In the first half of March, the EU’s top human rights official came to Minsk to talk President Alexander Lukashenka into introducing a temporary moratorium on the death penalty. The Belarusian authorities are very willing to discuss human rights with...

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