BELARUS NEWS AND ANALYSIS
DATE:
29/03/2011
Belarus attracts Polish business
Belarusian President Alexander Lukashenko may fight opposition with a tough hand but he cherishes foreign capital.
Polish businesses are trading with his country much more than before the recession, Puls Biznesu reports, quoting statistics from the Export Credit Insurance Corporation (KUKE).
In 2010 the total value of insured Polish trade with Belarus increased by 98 percent year-on-year. Indeed, the volume of exports to Belarus has caught up with the that to Ukraine.
"The climate of business exchange with Belarus greatly improved last year. Polish businesses took advantage of it and increased their activity," Zygmunt Kostkiewicz, KUKE CEO, told the daily.
Demand for imported products is on the rise in Belarus as the country quickly exited from the economic slowdown.
Source:
http://www.wbj.pl/article-53916-belarus-attracts-polish-business.html
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