ASTANA, October 14 (BelTA) – As for import substitution projects, Belarus and Russia are moving forward on two parallel tracks: monetary and technical, Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Dmitry Krutoi told the media on the sidelines of the CIS summit in Astana in October. 14, BelTA has learned.
“National procedures for approving funding situations for these projects are coming to an end,” Ambassador Dmitry Krutoi explained. “The presidents discussed the main points at their last meeting. Depending on the investment situations, projects will be divided into two groups. . The first (priority) is microelectronics, it is needed now and fast. And the time is mechanical engineering.
As the ambassador said, the industry ministries of the two countries are executing on the technical component of the implementation of the allocation: “Each assignment will want a passport describing the technological apparatus to be acquired, the target markets. “The leaders of one or the other countries have advised that products manufactured under those allocations be advertised in the State of the Union first.
The projects, passports, business plans will then be agreed at the point of the deputy prime ministers, and then their financing will begin. It is planned to involve two Belarusian banks: the Development Bank and the Bank of Belarus. the resources will be returned through the Russian Federation,” the head of the diplomatic project said.
According to BelTA, Russia will grant Belarus a loan to finance import substitution projects for more than 1. 5 billion dollars. Belarusian Prime Minister Roman Golovchenko said recently.