A seminar with Embassies in online-videoconference format took place in the National Centre for Marketing

On December 4 the National Centre for Marketing hosts the final in this year event in a countries seminars course titled “The diversification of the target markets for Belarusian exporters”.

During the online-videoconference the staff of the Embassies of Belarus to Korea, India and France and representatives of local companies and organizations of a wide range of activities in Q&A format discussed a number of issues dealing with export promotion and investment cooperation, interaction in such spheres as medicine, education and culture. The seminar was broadcasted online to the regional branches of the Centre.

The economy of the Republic of Korea is export oriented. Over the last years the country is among top-10 countries for export turnover. Mrs. Olga Ozhigalo, the First Secretary of the Embassy of the Republic of Belarus to the Republic of Korea informed: “There is a number of factors influencing positively for the trade and economic cooperation between our countries: legal framework has been arranged, high paying capacity of the South Korean partners is observed. The economy of the country is increasing annually which attracts our interest to the Republic of Korea as a potential investor into Belarusian economy.” Within the framework of a new Northern economic policy that has been adopted by the country since 2017, the Government of the Republic of Korea favors the cooperation with Belarus in such spheres as innovation manufacturing, digital economy, venture capital funding, business start-ups and techno parks support.

Mr. Andrey Karpechkin, the Counsellor of the Embassy of the Republic of Belarus to the Republic of India, pointed out that India is a huge marker for Belarusian goods, and a source both of investments and advanced technologies which could be used in Belarusian economy. “Today the contacts between our countries are developing both on highest and high levels. In September 2018 the IX session of Intergovernmental Committee took place. Business meetings are held on a regular basis”. As for trade and economic cooperation, Belarusian exports and trade in general have grown. Last year export showed 12% increase, for three quarters of this year the increase of more that 20% was recorded.

“France is an important partner for Belarus. Economic cooperation is one of the priorities of the dialogue between our countries, - pointed out Mr. Sergey Kozlov, Trade and Economic Counsellor of the Embassy of the Republic of Belarus to the French Republic. – the V Belarus-France Business-Forum which took place in October of this year in Minsk is a confirmation of this. Such events have practical benefits: business contacts are established, agreements are signed, joint projects are implemented, which are a key success factor to further successful economic cooperation”.

At the same time, the flow of direct investments from France to Belarus is low today. Among the main disadvantages announced by French businessmen: the lack of complete and objective information about the conditions of doing business in Belarus, as well as an insufficient number of large demonstration projects, in connection with which small and medium-sized enterprises in France are in doubt of entering the Belarusian market. It is necessary to work on joint projects, and their result will attract others, the member of the Belarusian diplomatic mission believes.

It should be recalled that the course of country seminars in the online video conferences format is being held by the National Center for Marketing together with Embassies of the Republic of Belarus abroad for the second year already. In November-December 2018 the heads and specialists of Belarusian enterprises and organizations who got current information on doing foreign trade in a certain country (region), could ask and got the first hand answers.