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The President personally sets the vector for potential investment projects development

New conditions for investment activity are emerging in the country. Despite certain external conditions, opportunities for the development of various projects remain. President Alexander Lukashenko personally sets the vector for the development of potential investment projects. But it is not just the political and economic initiative on the part of senior officials and government bodies that counts here, but also on all participants involved. This was told by Irina Rusak, analyst of the Belarusian Institute of Strategic Research, Candidate of Economic Sciences.

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— Technological sovereignty, import substitution, digitalization, logistics, and the agro-industrial complex can now be called vital and the most significant areas for investment in the country. The recent visit of Chinese Premier Li Qiang is already called historic, since as during it a number of agreements were reached with the Chinese side, and 15 new strategic investment plans for a total of about 3 billion dollars are actively being addressed. A project for deep grain processing is being developed on the basis of the Belarusian National Biotechnology Corporation, and mills for the production of bleached sulfate pulp and chipboard are being built. Belarus and China are signing important documents on trade and economic partnership, including an agreement on the establishment of a free trade zone for services and investments. The growth of Chinese investments in Belarus in the next five years is expected to be about 30%, the expert notes.