BELARUS NEWS AND ANALYSIS
DATE:
27/03/2007
Belarus ready to negotiate with foreign investors in privatization
Submitted by Tarique
Minsk, March 27 (NNN-BELTA) Belarus is ready to negotiate the participation of foreign investors in the privatization of Belarusian companies, Prime Minister Sergei Sidorskiy told the media here after Monday's session of the Union State Cabinet.
"We are ready to accept any investor, who will negotiate with Belarusian companies. We will welcome Russian companies, if they wish to participate in the privatization of large Belarusian companies," noted the prime minister.
On the whole, he added, in previous years the Belarusian government had decided to privatize large Belarusian companies. In particular, Belarusian oil refineries are state-owned joint-stock companies.
According to Sidorskiy, foreign investors can come to Belarus in accordance with the national Investment Code. So the legal foundation for it is ready in Belarus.
As an example of the successful businesses of Russian companies in Belarus the prime minister cited the project to build a newsprint mill in Shklov.
Source:
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