BELARUS NEWS AND ANALYSIS

DATE:

29/06/2007

Belarus announces loss from lower oil exports

RBC, 29.06.2007, Moscow 12:55:26.Belarus's budget lost more than $200m due to a decrease in exports of refined oil products in the first quarter of 2007, the republic's Prime Minister Sergei Sidorsky told a Russia-Belarus Union State Minister Council meeting. Furthermore, he pointed out that Belarus would have to pay an additional $458m in the first half of 2007.

Sidorsky also said that trade between Russia and Belarus was growing steadily (up 12 percent in January-March 2007) and amounted to nearly RUR182bn (approx. USD7.05bn). However, he added that the republic's trade deficit was widening, having already exceeded USD2bn.

Source:

http://www.rbcnews.com/free/20070629125526.shtml

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