Belarus triples trade turnover with China over decade
President Lukashenko calls for reset of investment cooperation as bilateral economic ties deepen
Belarus has tripled its trade turnover with China over the past ten years, while exports have doubled, highlighting the rapid expansion of bilateral economic cooperation. The figures underscore China’s growing role as one of Belarus’s key external economic partners, as reported by BelTA, a partner of TV BRICS.
President of Belarus Aleksander Lukashenko said the next stage of cooperation requires a reformatting of the investment track, speaking at a high-level meeting on the development of relations with China. He reaffirmed Minsk’s commitment to building a strategic partnership of the highest level with Beijing.
According to the head of state, global Chinese outbound investment continues to set new records, particularly in countries participating in the Belt and Road Initiative. Against this background, Belarus must act more proactively to secure a larger and more balanced share of investment inflows.
Official data show that Chinese investment in Belarus increased more than two and a half times over the first nine months of last year, reaching US$443 million.
The President questioned whether all necessary conditions have been created to make Belarus a more attractive destination for Chinese investors along the modern Silk Road.
Lukashenko also highlighted the role of the China–Belarus industrial park Great Stone, where dozens of Chinese enterprises are registered. He stressed that government bodies and the park’s management must ensure the rapid launch and full-scale operation of all announced projects to maximise their economic impact.
The renewed focus on investment cooperation comes as Belarus seeks to further expand exports to China and strengthen its position within Eurasian and transcontinental trade routes.
Photo: Jinda Noipho / iStock
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