BELARUS NEWS AND ANALYSIS

DATE:

29/06/2010

Belarus will not collapse without Russian subsidies - Lukashenko

Belarus will not collapse without financial support from Russia, Belarusian President Aleksandr Lukashenko announced Tuesday.

"We have quite many reliable friends," he told CNN television. Among his country's friends he mentioned the European Union, Ukraine, Venezuela, Iran, North African and Middle East states, including Israel, as well as the U.S. business circles.

Even though the Belarusian-U.S. relations remain fairly cool, "this does not, however, prevent Americans from investing in our economy", Lukashenko said. He also mentioned China which has granted Belarus up to $20 billion in credits.

"The Chinese are setting up businesses here. They are moving into Europe through us," the Belarusian leader said.

Source:

http://english.ruvr.ru/2010/06/29/11026874.html


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