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Surviving year two of recession – digest of the Belarusian economy
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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...
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...

26 February 2016
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Europe Tests Belarus’ Willingness to Change – Belarus Foreign Policy Digest

The diplomatic exchange between Belarus and Europe got into full swing in February. Over a dozen visits took place within a few weeks either side of the European Union's decision to abrogate its sanctions. Greater involvement of “old Europe”...

11 January 2016
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Successful Foreign Policy, EEU Decline, Cross-Border Projects – State Press Digest

According to Belarusian state-controlled press, 2015 was a successful year for Belarusian foreign policy, as the country strengthened its position in international affairs and relations with key western actors. The national budget for 2016 reflects the impact of the ongoing economic...

27 July 2015
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Will Belarus Ever Become a WTO Member?

Two weeks ago, Belarusian Deputy Foreign Minister Aliaksandr Hurjanau declared Belarus was planning to finish all of the necessary technical work for the country’s accession to the World Trade Organisation (WTO) in one year's time. However, exactly three years...

16 July 2015
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Belarus in the Eurasian Economic Union: Enough is Enough

Last week, Belarusian Foreign Minister Uladzimir Makei criticised cooperation within the Eurasian Economic Union. Minsk is no longer hiding that its own position on the EU-led Eastern Partnership initiative starkly differs from Russia's stance on the issue. Although Minsk continues...

10 June 2014
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Belarus Government to Establish Serfdom in Agriculture?

On 27 May Lukashenka announced several radical initiatives that would virtually introduce serfdom into the nation's state-run farms. Two weeks later it remains unclear how serious Lukashenka was but the authorities like to resort to drastic administrative policies to regulate the economy.   In 2012, the government introduced...

10 December 2013
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Vilnius Summit, Demonstrations in Kiev, Rental Housing – Belarus State TV Digest

Belarusian state TV widely covered various topics related to the recent Eastern Partnership Summit in Vilnius. Journalists commented upon the final reaction of Victor Yanukovych to an offer from Brussels, mass demonstrations in Ukraine and also the interests of...

27 May 2013
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Belarus Exports to the EU Sharply Decline

According to the latest data provided by the Belarusian Statistics Committee, the goods turnover between Belarus and the EU has fallen by 26% this year. The loss primarily results from Belarusian scheme of selling oil disguised as solvents, which Russia stopped back in 2012. Today, the Belarusian economy suffers...

6 May 2013
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Painful Lessons of Eurasian Integration

On 25 April 2013 Tatsiana Matoryna, Director of the Brest Stocking Plant — one of the largest apparel industry companies in the former Soviet Union— blamed sharp decreases in the plant’s sales on Belarus’ economic integration with Russia and...

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...

29 October 2012
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Election Campaign, Opposition and the Struggling Economy – Digest of Polish Analytics

Polish analysts focus on the results of the recent parliamentary elections and their consequences for Belarus. Experts also take a closer look at the opposition and its performance before and during the elections. Since the economic indicators provide some worrisome...

7 February 2012
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Russian Subsidies Are Not Enough: Belarus Seeks a New IMF Loan

Later this month Belarusian authorities plan to negotiate with the IMF a new $3.8bn loan to refinance its existing debt to the organization. With generous subsidies from Russia, the government managed to stabilize the situation in the Belarusian economy...

25 January 2012
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WTO v. Customs Union: Russia Decides

As Russia is finalizing the terms of its accession to the World Trade Organization, Belarus struggles to understand what this accession will mean to it.  The question is difficult and important because Belarus closely cooperates with Russia as member...

11 November 2011
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Is the Customs Union Good for Belarus?

On 4 November Alyaksandr Lukashenka declared that Belarus and Russia were close to reaching a new agreement on natural gas supplies for 2012. He also expressed confidence about the probability of coming to an agreement with Russia on equal prices...