Belarus and China have agreed the terms of the loan for the upgrade of the Belarusian cement plants, Deputy Prime Minister of Belarus Viktor Burya said during a session of the Council of Ministers on 28 July.

The potential of investment cooperation with the People’s Republic of China and attraction of Chinese credit resources is used by Belarus insufficiently. Such an opinion was voiced by A. Tozik, the Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to China during the meeting with the President of the Republic of Belarus.

The Belarusian Autoworks will invest 25 million Yuan (about $3.6 million) in the authorized capital of a Belarusian-Chinese joint venture to manufacture dump trucks in China. The relevant resolution was adopted by the Council of Ministers on 9 July 2009, BelTA learnt from the Office of the Council of Ministers.

Ministry of Foreign Affairs of the Republic of Belarus