BELARUS NEWS AND ANALYSIS

DATE:

24/06/2008

EBRD defines priorities for Ukraine, Belarus

STRASBOURG, June 24 (Itar-Tass) -- The European Bank for Reconstruction and Development (EBRD) defined priorities for Ukraine and Belarus at the summer session of the Parliamentary Assembly of the Council of Europe (PACE) on Tuesday.

In the opinion of European parliamentarians, the admission of Ukraine to the World Trade Organization (WTO) and the beginning of free trade negotiations with the European Union will enlarge Ukraine’s chance for economic development.

Due to the political climate in Belarus, the EBRD activity in that country has been rather limited for the past decade, the PACE resolution said. The Assembly recommended the Bank to hold negotiations with Belarusian authorities and thus promote the development of private businesses in Belarus.

Source:

http://www.itar-tass.com/eng/level2.html?NewsID=12807832&PageNum=0

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