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Republic

12 February 2013

Belarus, Russia may create five joint companies in 2013

MINSK, 12 February (BelTA) - Belarus and Russia may create five joint companies in 2013, Prime Minister of Belarus Mikhail Myasnikovich said as he met with Deputy Prime Minister of Russia Arkady Dvorkovich, BelTA has learned. First Vice Premier of Belarus Vladimir Semashko and Deputy Prime Minister of russia Arkady Dvorkovich will oversee the issues regarding the creation of joint transnational corporations. On 12 February the Russian Vice Premier visited some facilities in Grodno and Gomel Oblasts. "The projects we offer for integration are all working. They are either in the middle of upgrade or at the final stage of modernization. These are all sustainable enterprises," Mikhail Myasnikovich said. “Already in 2013 we can create five joint companies, which can have serious positions in the market of the Single Economic Space and abroad,” the Prime Minister believes. Joining efforts will give us a great synergy effect, Mikhail Myasnikovich is sure. Deputy Prime Minister Arkady Dvorkovich, for his part, noted that work is underway on specific agreements on the future partnership. "The potential is huge in many areas, especially in the field of industrial cooperation," he said. Managers of the enterprises, which Russia’s representatives visited, are ready to work on new technologies on the basis of mutually beneficial cooperation. “There is the readiness for much more serious cooperation. We saw it. Of course, it takes some time to turn readiness into practical results. But the good thing is that we can have frank open negotiations. We came here in order to push those negotiations,” he noted.

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