Oil and gas dispute between the two countries will be settled within ten days. This was agreed on during the meeting of presidents of Belarus and Russia in Saint Petersburg on 3 April.
“We have defined a scheme, by which we maintain our approaches and bring our positions regarding prices closer”.
“We found the possibility of mutual concessions and agreed on how we will work in this area this year and also in 2018-2019,” Russian President Vladimir Putin said after the meeting.
Lukashenko and Putin reaffirmed their readiness to work out all essential fundamental rules and conditions for the common electricity market by July 2019.
They also confirmed the intention to do everything to develop joint rules on the common gas market by 1 January 2018 and prepare to sign an intergovernmental agreement on the common gas market in the Eurasian Economic Union by 2024.
Besides cooperation in the energy sphere, the presidents talked security cooperation.
Cooperation in industry, space sphere and agriculture were among other issues discussed. In particular, Lukashenko and Putin spoke about the sanctions of Rosselkhoznadzor against Belarusian meat and dairy producers.
President of Belarus thanked Vladimir Putin for the decision to refinance Belarusian debt to Russia this year.
“To date, we have no unresolved issues. Moreover, we were able to look into the future of our economies. We solved these issues,” Alexander Lukashenko said.
The talks between the two heads of state lasted for more than five hours. At first, the presidents held one-on-one negotiations and then took part in the expanded-participation talks with members of the delegations.
The Monday’s meeting between Alexander Lukashenko and Vladimir Putin was organized amid numerous conflicts and growing tension in the bilateral relations, including the long-lasting oil and gas conflict, blocks of Belarusian food imports, migration and border protection issues.