Damage to Belarus from financial and trade sanctions of the West is hardly above three percent of GDP. This was stated by Prime Minister Roman Golovchenko, RIA Novosti reports.
“The price of financial sanctions that are superimposed on the country’s economy – this was considered on the basis of all cases, account for about 1.7 percentage points to GDP, trade sanctions – 0.7 percentage points. If together trade and financial sanctions, then The maximum amount of damage, which was thought, was 2.9 percent of GDP, “Ringuzhenko rated.
According to him, the country will be able to block losses at the expense of other sources. “For example, if there is a total closure of airspace for the Belarusian side, there will be some damage to Belarus, but we know absolutely accurately, it will be compensated,” he added.
Previously, Golzchenko said that Belarus is ready to go to Asian and Russian technologies as an answer to the expansion of Western sanctions. According to him, Minsk expects that the West will not introduce new measures against the republic, but the complex of response is ready.
Previously, the representative of the European Commission (EC) Peter said that the EU was preparing sanctions against Belarus. According to him, the measures will be adopted in the near future. He noted that the union does everything in order to make the decision of the EU leaders as soon as possible.