BELARUSTV — broadcast
20260811 201500 UTC
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[00:00:53] This is the sphere of interests, I'm Anton Malyut, in the next 15 minutes we will
[00:00:57] talk about the economy that concerns everyone. E-commerce,
[00:01:01] financial markets, scientific personnel. We will summarize the results of
[00:01:04] the meeting of the EAEU Intergovernmental Council in Kyrgyzstan. Then we will
[00:01:07] go to the Great Stone near Minsk, we will assess how much the
[00:01:11] industrial park will grow in the coming years. And also, under what
[00:01:14] conditions Belarusian cargo carriers work today.
[00:01:18] We will present comments from the Ministry of Transport.
[00:01:21] And let's start with integration topics. Belarus is an active participant in the association
[00:01:25] and a good example is the EAEU. The development of e-commerce,
[00:01:28] the integration of financial markets, the increase in the mobility
[00:01:32] of scientific personnel. Three key international agreements
[00:01:36] were signed following the meeting of the Eurasian Intergovernmental Council in
[00:01:39] Kyrgyzstan. The main message of the Belarusian
[00:01:42] side. The EAEU should provide a real tangible effect for businesses
[00:01:46] and citizens, through equal conditions for doing business, the absence of
[00:01:49] barriers, joint industrial projects, as well as the protection
[00:01:52] of the common market from external challenges. Ilona Volynets on
[00:01:55] how global decisions affect our
[00:01:58] lives.
[00:02:00] The new EU rules are news not only about high politics, but about
[00:02:04] our daily comfort. For example, before, when ordering goods,
[00:02:08] for example, from a warehouse in Russia or Kazakhstan to Belarus, the buyer could
[00:02:11] face confusion: can the goods be returned, do you need to pay for
[00:02:15] return delivery, and so on. Now the rules are becoming uniform
[00:02:18] and understandable. In fact, for an ordinary buyer, orders from any corner
[00:02:22] of the EAEU become just as safe and transparent as
[00:02:26] buying at a nearby store at home. Were investigated.
[00:02:32] And 22 product markets from the point of view
[00:02:35] of how competition is ensured in these markets, is there
[00:02:39] no monopolization,
[00:02:42] no violations, assessments have been given
[00:02:46] for all these markets, work continues,
[00:02:49] 18 applications were considered within our
[00:02:52] work on compliance with general competition rules,
[00:02:55] corresponding decisions were made,
[00:02:58] competition was restored in... individual product markets, so work
[00:03:01] continues and is intensifying in this
[00:03:05] direction, a very significant improvement
[00:03:08] of legislation should be noted in the Union countries, because
[00:03:12] new approaches to ensuring
[00:03:16] competition, increasing the status of bodies
[00:03:19] authorized to control the state
[00:03:22] of competition, approaches to price regulation, to
[00:03:26] ensuring price stability,
[00:03:31] from the work of brokers and dealers, the signed agreement in Chelpanate provides for
[00:03:34] mutual recognition of licenses and gives market participants direct
[00:03:38] access to trading on equal terms, including the possibility of
[00:03:41] remote participation. A green corridor is opening for scientists from the five
[00:03:45] countries. No longer do you need to confirm your diplomas and
[00:03:48] regalia when moving, that is, if you are a candidate of sciences in one
[00:03:52] Union country, then you are a candidate of sciences in the others. This opens
[00:03:55] the way for joint laboratories and exchange of experience.
[00:04:08] Indonesia, UAE, Iran, Mongolia. The more reliable
[00:04:11] partners, the stronger the common market. Reduction of customs
[00:04:15] duties, regulation in
[00:04:18] various aspects of interaction on foreign trade with
[00:04:22] our partner countries, each
[00:04:25] agreement was thoroughly studied at the expert level, and
[00:04:28] accordingly, there are a large number of product
[00:04:32] positions covered, where there is a reduction for our
[00:04:36] Belarusian suppliers, opportunities to increase
[00:04:39] competitiveness in deliveries to these countries on
[00:04:42] the one hand, and on the other hand, a decrease in tariff
[00:04:45] protection for, for example, raw materials, for some components, this is an additional
[00:04:49] opportunity for our enterprises
[00:04:53] to be competitive and to promote our
[00:04:56] products, therefore these questions about how we will...
[00:05:00] unwind within the framework of the
[00:05:02] Eurasian Commission were the subject of discussion in parallel with
[00:05:06] the work being carried out in each country.
[00:05:09] The Intergovernmental Council is not a club for exchanging pleasantries. It is a working
[00:05:13] platform where problems are solved. Here is a vivid example from the Belarusian
[00:05:16] Prime Minister. Since July 2024, a mechanism for financing joint
[00:05:19] industrial cooperation projects has been
[00:05:22] in operation. Two years of application showed that
[00:05:25] the instrument has not fully worked. This means that
[00:05:28] there are gaps in the mechanism that need to
[00:05:31] be addressed. The starting conditions for financing industrial cooperation
[00:05:34] projects significantly affect the degree
[00:05:37] of possibility of applying this stimulating
[00:05:40] instrument. For example. The need for legal entities to participate, as
[00:05:44] a minimum, from three member states of the EAEU, or the requirement that
[00:05:48] in case of early termination of implementation,
[00:05:50] the return of subsidies to the EEC is imposed on the financial
[00:05:54] organization, does not contribute to attractiveness. The lengthy
[00:05:58] procedure for reviewing applications. During this time, any
[00:06:01] single bank in Belarus opens dozens of credit
[00:06:04] lines for investment projects. In fact, in 2 years, only
[00:06:08] six applications have been approved, already more than four months, six projects
[00:06:11] are in... in the process of consideration. 14%
[00:06:14] of the world's land area and a population of almost
[00:06:17] 186 million people. The EAEU confidently declares
[00:06:20] itself as a large and independent center of power in
[00:06:23] a multipolar world. Yes, each participating country has its own interests
[00:06:27] and principles, but everyone understands. Here we need not competition on the principle of who
[00:06:31] is the leader, but cooperation on the principle of who has added more
[00:06:35] value to the common product. Only then will the EAEU become
[00:06:38] a global player that is reckoned with. Ilona Volynets.
[00:06:43] Great Stone begins
[00:06:43] to develop
[00:06:49] new sites for production capacities
[00:06:52] of current and future residents of the industrial park. We are
[00:06:56] talking about 20 hectares of land, there will appear about a dozen new
[00:07:00] buildings, and, as they say, in a new design.
[00:07:03] This will be the second stage of development specifically for placing enterprise
[00:07:06] lines. As a result, the park's
[00:07:10] operational management will have an area of 130.
[00:07:42] How do you assess, let's say, the speed of implementation of these projects, what has already been done this
[00:07:46] year, the first half of the year has passed, what else is planned, let's say,
[00:07:50] for the whole of 2026? Good afternoon, yes, I'll start with
[00:07:53] the numbers, as of today we have a total of 173 resident
[00:07:57] companies in the park, 67 of which are companies with
[00:08:00] Chinese capital from the People's Republic of China, respectively, these
[00:08:04] companies and companies for the development of the industrial park have
[00:08:07] implemented and are implementing projects
[00:08:11] for a sum of slightly more. This has already
[00:08:14] been invested
[00:08:17] in the park's territory, in production, in infrastructure, and accordingly, such
[00:08:21] an active portfolio is about 400 million dollars, which we
[00:08:24] plan by 2030, that residents and
[00:08:27] the company will invest, respectively, in
[00:08:30] the park. If we talk about the state of progress, then here, perhaps,
[00:08:34] two trends should be highlighted, the first is those companies that
[00:08:37] came before 2022 and began to implement their projects
[00:08:41] before... the second year, and accordingly they
[00:08:44] continue to invest as of today, that is, this is related to
[00:08:47] the acquisition of machines, equipment, modernization, expansion of production,
[00:08:51] and this trend is characteristic of all Chinese companies, because they
[00:08:54] felt the market, they are developing, they are expanding their
[00:08:57] sales, accordingly, this applies to the production of diesel
[00:09:01] engines, and gearboxes, and Zoomlion construction equipment, and
[00:09:04] carbon fiber products, that is, this is an absolute trend, and
[00:09:08] moreover, recently the company SAS Industrial, which produces
[00:09:11] aluminum radiators, also
[00:09:14] applied for the acquisition of an adjacent land plot in order
[00:09:18] to expand, that is, the absolute trend continues, but
[00:09:21] at the same time there is also a negative trend, unfortunately, this applies to
[00:09:25] new projects, again, the reasons are
[00:09:28] objective - this is a military conflict, this is
[00:09:31] the sanctions policy of Western countries against Belarus, accordingly, Chinese
[00:09:35] companies evaluate risks, it is clear that most
[00:09:38] Chinese companies are transnational, they have production.
[00:09:42] supply in the United States of America, in Europe, and accordingly, they
[00:09:46] need time to assess the possibility of applying secondary
[00:09:49] sanctions against productions located in Belarus
[00:09:52] in Great Stone, this requires time, just as Chinese
[00:09:56] regulators also assess risks, and
[00:09:59] there are corresponding procedures, they also require time, well, and
[00:10:02] banks also very closely monitor
[00:10:06] the flow of investment money, contributions to authorized funds, accordingly,
[00:10:09] this is a big lag, and this is a certain... However, we
[00:10:13] understand it, we are developing certain solutions, by the way, in
[00:10:17] the near future, in October of this year, a working
[00:10:20] group on park development between the Ministry of Economy will be held in
[00:10:23] Beijing.
[00:10:30] Well, at which possible solutions to this problem of accelerating these operations will be discussed.
[00:10:34] What technologies from China
[00:10:37] are interesting to our market today, what would we like to bring to our market, well, in particular, to
[00:10:41] the industrial park as well. Well, in fact, almost
[00:10:45] all technological equipment purchased by
[00:10:48] enterprises both in and outside the park
[00:10:52] is from China, and China today shows - not the worst
[00:10:55] pair and better quality compared to traditional equipment from Germany,
[00:10:59] Italy, Japan, so this trend is absolutely characteristic
[00:11:02] for everyone, the park is no exception,
[00:11:05] even on our example, right now - we are building
[00:11:09] the infrastructure for the second stage of development, we are using Chinese
[00:11:12] company equipment there, honest stormwater equipment, and
[00:11:16] before that we used German, now Chinese equipment was
[00:11:20] manufactured in China for our order, and
[00:11:23] in most parameters it surpasses the German analogue, so we
[00:11:27] are very satisfied, well, moreover,
[00:11:30] it turns out to save money, because the price is more affordable, so I think
[00:11:34] this trend will naturally continue, and
[00:11:37] as for what we would like to focus on,
[00:11:40] we directly realize
[00:11:43] that something like a very
[00:11:47] super high-tech production will not appear from scratch,
[00:11:50] therefore we analyze and focus
[00:11:53] on achieving more... localization, including
[00:11:57] by purchasing new technologies and equipment, those productions
[00:12:00] that exist today, including Chinese ones, that is, from
[00:12:03] such even deep assembly, to move more towards
[00:12:06] localization, this is in engines, this is in gearboxes, this is in the same
[00:12:10] carbon fiber products, that is, not just on
[00:12:13] the example of ammunition for hockey, which is now produced from
[00:12:16] carbon, not just to sinter it, yes, but to produce
[00:12:20] thread from carbon, in the end, to get the carbon itself here, this is the
[00:12:23] goal, because here... the market has already formed, these
[00:12:27] manufacturers have already come, and accordingly, this is
[00:12:30] tangible in the short
[00:12:31] term.
[00:12:36] This is the sphere of interests, we continue right now with exchange rates, here are
[00:12:40] the fresh data. So, the American currency costs 2 rubles
[00:12:43] 95 kopecks. The euro exchange rate, according to the National Bank, is 3.40, for
[00:12:47] 10 of them they give 4.39 and 100
[00:12:50] Russian rubles cost 3.62
[00:12:53] Belarusian rubles.
[00:12:59] Belarus is a country of smooth and high-quality roads, constant repairs
[00:13:02] or construction of new sections are underway. This is important not only for
[00:13:06] the comfort of car drivers, but also for carriers. Yes, this
[00:13:10] sphere is not having the easiest time now, but the state is doing everything to ensure
[00:13:13] that movement from point A to point B is as efficient as possible, but with
[00:13:17] minimal costs. So, what is the sphere
[00:13:21] of cargo transportation living with today, what directions are in demand and what are not?
[00:13:25] A question: are there enough domestic cars, and how easy is it to bring in
[00:13:28] imported equipment? Let's find out right now, let's hear
[00:13:32] the comments of the representative of the Ministry of Transport.
[00:13:36] Belarusian carriers have always stood out positively
[00:13:39] in the international market of road cargo transportation.
[00:13:42] This includes punctuality, clarity, timely executed
[00:13:46] orders, in recent years, unfortunately, the situation has developed
[00:13:49] in such a way that all carriers had to reorient themselves
[00:13:52] towards the east, in the eastern direction.
[00:14:55] The development of the digitalization sphere from January 1,
[00:14:58] 2026.