Belarus found a way to compensate for the losses from Western sanctions, said the Prime Minister of the country Roman Golovchenko. His words leads BelTA.
Minsk plans to do this by entering new markets. The priority is Russia, Asia and Africa. At the same time, Russia and China remain strategic partners for the country.
According to the Prime Minister, the significant revival of investment activity is not expected next year. This is due to both anti-epidemic restrictions and sanction pressure. Internal resources Belarus will send to the development of export capacity.
previously became aware of the response measures of official Minsk for new sanctions of the West. Thus, the Belarusian government decided to introduce food embargo on a wide list of goods from January 1, 2022. Import ban will be introduced in relation to the EU and its Member States, USA, Canada, Great Britain and a number of other countries.
In early December, new sanctions against Belarus introduced the European Union, USA, United Kingdom and Canada. Under the restrictions on the part of the European Union, 183 Belarusian physicals and 26 organizations were flooded. Washington and London banned their citizens and institutions to cooperate with Belaruscalia. Canada’s sanctions touched on 24 physical and seven legal entities from Belarus.