Lukashenko Tells Britain’s Europe Minister How UK Can Invest In Belarus

Britain’s Minister of State for Europe and the Americas Alan Duncan met with Belarus President Alexander Lukashenko on Tuesday, 29 September. The sides talked over cooperation prospects, including the UK’s investment into Belarusian economy.

A historic visit!

Alexander Lukashenko believes that Great Britain can invest in Belarus more actively.

“Let’s determine three or four large pilot projects and put them to life,” the Belarusian leader suggested.

“If we put it directly, Great Britain has enough free funds to invest. We can create the most favourable conditions for business,” Lukashenko said.

According to him, Belarus and Britain can cooperate in electric transport considering that Great Britain is on the way to stop selling and using cars with internal combustion engines.

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Alan Duncan (2nd left), Alexander Lukashenko and UK Ambassador to Belarus Fiona Gibb. Photo: BelTA

After the meeting with the president, Alan Duncan held talks with Belarus Foreign minister Vladimir Makei. The sides focused on developing political dialogue as well as mutual projects in green economy.

“We are interested in further development of economic cooperation. We are ready to provide maximum opportunities for the British production in free economic zones and Great Stone industrial park,” Vladimir Makei said.

See also: EU To Give €14.5m To Support Entrepreneurship In Belarus

The head of the Belarusian MFA stressed the importance of an objective view of the affairs in Belarus:

“Yes, we have shortcomings, yes, we have problems. But it is important not to demonize the country without even having visited it.”

In addition, Belarus and the UK signed an intergovernmental convention on removing double taxation in respect to income and capital taxes and preventing tax evasion.

Alan Duncan, the Minister of State for Europe and the Americas at the Foreign and Commonwealth Office, is visiting Belarus on 25-26 September. It is the first visit of the UK government official of this level to Belarus, BelTA writes.

In October 2016, Prince Michael of Kent, a member of the British Royal Family, paid a visit to Belarus. He also met with the head of state.