November 11, 2020 IX meeting of the Belarusian-Ukrainian Business Cooperation Advisory Council

Date: 11 November 2020

The Belarusian Chamber of Commerce and Industry, together with the Ukrainian Chamber of Commerce and Industry, organized the IX meeting of the Belarusian-Ukrainian Advisory Council of Business Cooperation in an online format.

The meeting was attended by Chairman of the BelCCI Vladimir Ulakhovich, President of the Ukrainian CCI Gennady Chizhikov, heads of regional chambers of commerce and industry of the two countries, representatives of the Ministry of Energy of the Republic of Belarus, Development Bank of the Republic of Belarus, Belarusian Universal Commodity Exchange, more than 130 representatives of business circles of Belarus and Ukraine.

The meeting participants discussed the development of the Belarusian-Ukrainian trade and economic cooperation in the current situation, the restrictions and measures that have arisen and taken in the two countries to minimize the negative consequences of the downturn in business activity, tools to support Belarusian exports to Ukraine, experience and prospects for implementing joint projects in the production of innovative products, petrochemistry, energy, agriculture, food industry and others.

The Chairman of the BelCCI noted that Belarus and Ukraine have a serious long-term experience of trade and economic cooperation. Countries are implementing over 200 agreements in the economic sphere. Strong ties have been established between Belarusian and Ukrainian companies in such industries as mechanical engineering, petrochemicals, food production, woodworking.

“In the current conditions associated with the difficulties and limitations caused by the pandemic, the main task is to keep existing ties, not to lose what has been gained over the years of successful cooperation. And despite the fact that this year there is a slight decrease in the trade turnover, there are also new projects of enterprises of the two countries – both in traditional spheres and in the field of scientific research and new technologies. And holding a meeting of the Advisory Council is a positive signal for business, confirmation of the intention of the companies of the two countries to deepen cooperation, discuss and jointly overcome the difficulties that have arisen this year, ” accentuated Vladimir Ulakhovich.

As part of the work of the Advisory Council, an online ceremony of signing bilateral commercial contracts and agreements was held. Nine documents on cooperation in the petrochemical industry, an agreement between the institutes of the Academies of Sciences of Belarus and Ukraine on the implementation of projects in the field of new technologies, as well as six agreements on cooperation between regional chambers of commerce and industry were signed.