“Work is underway to raise a loan of the China Development Bank. A memorandum of raising a 3.5 billion yuan loan has already been signed. Now we are working on the borrowing terms,” Maksim Yermolovich said

Welcoming remarks were delivered by Ambassador Extraordinary and Plenipotentiary of Belarus to China Kirill Rudy and Vice Chairperson of the Inner Mongolia autonomous region Ai Lihua. They stressed the importance of the further development of economic contacts and joint projects

First Deputy Chairman of the State Customs Committee Vladimir Orlovsky spoke about the customs simplifications applied in the China-Belarus industrial park Great Stone and the results of the pilot project to apply electronic seals in motor transportation, advantages of mutual recognition of bona fide business statuses of Belarus and China

During negotiations in the consulate general the sides discussed sales of Belarusian food to China – beef, poultry meat, dairy products. Close attention was paid to selling these products via digital commerce platforms of Hangzhou Highstore Technology Company

“China is ready to deepen cooperation with Belarus and to jointly address global governance issues like unilateralism (support for unilateral actions) and protectionism in trade, and to defend the multilateral trading system,” Cui Qiming said

China’s Geely Corporation is eyeing the China-Belarus Industrial Park Great Stone as a potential site for manufacturing automobile parts. A relevant agreement between the Great Stone Industrial Park and Geely is under preparation and will be signed at the international forum on regional cooperation and development within the framework of the Belt and Road initiative, due on July 1-3, 2019

The main theme is “Open park Great Stone - an example of global opportunities”. The event will bring together about 500 participants: government representatives, leaders of business associations, investment funds, banks and major companies from European and Asian countries

The document was inked by Chairman of the Board of the Eurasian Economic Commission (EEC) Tigran Sargsyan, Belarusian Deputy Prime Minister Igor Petrishenko, Kazakh First Deputy Prime Minister Alikhan Smailov, Kyrgyz Deputy Prime Minister Zhenish Razakov, Russian First Deputy Prime Minister, Finance Minister Anton Siluanov, and Chinese Foreign Minister Wang Yi

Previously, education certificates issued in China could only be used in Belarus after an official recognition procedure, which could last 2-3 months. With the new agreement in place, it will be less time-consuming to recruit Chinese specialists

Belkovets was reported to have meetings at the China Development Bank and the Export-Import Bank of China in May.  In his words, during those meetings Belarus and China discussed the terms of borrowing and other relevant arrangements

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