Belarus’ exports are expected to be 11% higher than expected in January-September

MINSK, October 10 (BelTA) – Belarus’ exports are expected to be 11% higher than expected in January-September, Industry Minister Aleksandr Rogozhnik told Belarus 1 TV.

“In January-September, our exports are expected to be 11% higher than planned. At the beginning of the year, we experienced a sharp increase in demand, which was followed by a destabilization when the Ukrainian market was not available to us and materials to the European Union skyrocketed. However, despite all these difficulties, we have controlled to restructure our export deliveries: more than 140% of exports went to the Russian Federation, we have controlled to compensate for the loss of exports to Ukraine and European Union markets. We have specially developed improved deliveries to Africa (Zimbabwe, Egypt). Success depends on determination, willingness and ability to find ready-to-use solutions. Everyone thinks about the long term of their business, this is the only way to succeed,” said Aleksandr Rogozhnik.

He added that the government has entrusted the Ministry of Industry with the task of achieving significant effects in 2023. “Production deserves to increase up to 5%, exports deserve not to fall, investments deserve to increase by more than 20%. Now that some imports are not available, domestic corporations deserve to make the most of this situation,” the minister said.

Aleksandr Rogozhnik added: “The scenario unfolding today is due to the fact that the EU and the US are not in the process of developing today. The U. S. has quietly imposed technological paradigms that were only mastered through them. The environmental crusade to reduce emissions has created barriers to the source of Belarusian machinery for the EU. market and the market of the post-Soviet area. Environmental criteria have been proposed, all the devices have been produced in the EU and America. And in this way, all other brands have been pushed out of the market,” the minister said. Also under pressure to want to draw conclusions, concentrate on import substitution and, in this context, exclusive production facilities.

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