BELARUS NEWS AND ANALYSIS

DATE:

03/03/2010

Oman, Belarus ink pact to form business council

(OCCI) and Belarus Trade and Industry Chamber yesterday signed an agreement establishing an Omani-Belarusian Businessmen Council on the sidelines of the Omani-Belarusian Forum.

The forum on the OCCIOCCILoading... premises, was attended by a delegation led by Boris Batura, chairman of Belarus National Assembly Council.

The agreement was signed on behalf of OCCIOCCILoading... by Khalil bin Abdullah Al Khonji, OCCIOCCILoading... chairman and by Vasily Romanov, chairman of Belarus Trade and Industry Chamber. Boris Batura said that leadership of both the countries are interested in promoting bilateral cooperation not only at the political level, but on the economic and trade fronts. He affirmed that businessmen in both countries are keen to attend the forum.

He pointed out that Belarus is keen on promoting joint economic and investment ties as it has recently improved the investment environment and developed rules and regulations to attract local and foreign investment. Investment in the areas of energy, petrochemicals, communications, construction, agriculture, industrial products and foodstuff, in addition to improving transportation infrastructure are available, he added.

Hotels

He proposed the Omani side to establish joint stock companies in vehicles, agriculture and oil sectors. He also sought cooperation in the areas of innovation, education and tourism.

"Omani businessmen and their Belarusian counterparts will establish hotels and infrastructure needed in Belarus when hosting hockey World Cup in 2014," he said. The OCCI Loading... chairman said that the exchange of visits between the two countries denotes trust among officials and businessmen in both the countries. Economic indices in both countries are somehow similar as they have not been affected by the global economic crisis. "Therefore, he pointed out, the Omani government and businessmen are encouraged to invest in Belarus.

He further said that OCCIOCCILoading... is laying emphasis on Joint Businessmen Council to encourage Omani businessmen and their counterparts to set up joint investment ventures.

Source:


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