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Privatization: one step forward, two steps back – digest of the Belarus economy
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On 4 May 2017 Belarusian president Alexander Lukashenka declared that Belarus plans to gain approximately $50bn in exports off goods produced in the Great Stone industrial park. Meanwhile, on 3 April 2017, Moscow and Minsk resolved all their disputes in...
1 October 2015
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Belarus Finally Reforms Its Economy?

On 26 September in New York, Alexander Lukashenka met with IMF chief Christine Lagarde. They discussed prospects for an IMF-supported programme. According to the IMF statement “Lagarde welcomed some recent progress in strengthening the policy framework in Belarus, but emphasised...

24 June 2014
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Will Russia Buy Up Belarus’ Defence and Oil Industries in 2014?

At a press conference on 11 June, Russian ambassador to Belarus, Aleksandr Surikov, announced that Russia had agreed with Belarus to acquire three Belarusian military and high-tech large-scale industrial complexes. Belarus has always been very reluctant to sell of its state property for various reasons,...

22 March 2013
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Economy Recuperates but Slower than Forcasted – Digest of Belarusian Economy

While economic growth seems to be recuperating in January and February, it remains below the wishful forecasts of the government. At the same time, the situation with current account balance continues to be the pressing matter, as the government is...

20 March 2013
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Lukashenka: Enough Babbling about Privatization

Russian Deputy Prime Minister Arkadiy Dvorkovich visited Minsk on an official visit in February. A number of experts believe that in the near future, Lukashenka's regime will make important concessions to Russia and sell major enterprises to Russian companies...

27 December 2012
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Belarus Economy in 2012: Low Growth and Fragile Stability

The currency crisis of 2011 has revealed the limits of the Belarusian economic model. On the one hand, it became obvious even to the most conservative government officials that changes in economic policy are required. On the other hand, the...

24 October 2012
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Belarus Investment Climate After Spartak and Kommunarka

According to Doing Business 2013, Belarus is now on the highest level in its history. It occupies the 58th place out of 185  countries. Last year the World Bank named it among the quickest reformers on the way to the...

25 June 2012
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Belarusian Privatisation and the Future of BelarusKali

On 22 June Belarusian president asked PM Mikhail Miasnikovich to tackle inflation and ensure that the country’s average salary would reach $500 by the end of the year. In fact, it is not the right time to share oil...

2 May 2012
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EU Support, Modernisation and Russia’s Interests – Digest of Belarusian Analytics

Belarusians have become less interested in the pro-European vector of development as the influence of Russia in the country grows. Belarusian analysts hope that Stefen Fulle's European Dialogue on Modernisation with Belarus will soon become meaningful and that the...

27 April 2012
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Belarus Trapped Into Eurasian Integration

The Ambassadors of Poland, Lithuania and Sweden have returned to Minsk and their colleagues are on the way to the Belarusian capital. It seems that EU-Belarus relations have broken the deadlock, but they remain difficult and the EU has...

15 February 2012
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New Privatisation Plans: Belarusian Authorities Prefer Western Investors to Russian

On 20 January 2012, the authorities approved a new strategy to attract foreign direct investments. This document can be regarded as a new invitation for foreign business with advanced technologies to take part in privatization in Belarus. The authorities...

5 January 2012
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The Reasons behind Putin’s Unprecedented Generosity Towards Lukashenka

In 2009-2010 the Russian government refused several times to transfer loans to Belarus when it failed to fulfill certain conditions. Then Putin insisted on the sales of Belarusian industrial enterprises to Russian companies. The Minister of Finance of Russia...

29 December 2011
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2011: Year Under The Sign Of Crackdown

The year of 2011 was in many respects a unique year for Belarus. Unlike a regular year, it started not on 1 January but rather on 19 December of the previous year. On that day the presidential election took...

20 December 2011
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The Road to Russia is Paved with Good Intentions

On 16 December two Belarusian citizens were added to the EU visa ban list, and EU assets of three companies associated with the Belarusian regime were frozen. The European Union continues to impose different sanctions on Belarus at the...

17 November 2011
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Selling Off the State – Belarus in Western Press Digest

Auctioning of government property, a familiar debate about the extent of Lukashenka’s domestic legitimacy, and a few sensationalist words about life inside a police state: a round-up of Western coverage of Belarus over the last month. Selling off the state....