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Samara region and the Republic of Belarus develop cooperation in the trade and economic sphere

On April 15, 2021, the First Vice-Governor, Chairman of the Government of the Samara Region Viktor Kudryashov and Chairman of the Belneftekhim Concern Andrey Rybakov (Republic of Belarus) held a meeting of the Joint Working Group on the development of bilateral cooperation between the Republic of Belarus and the Samara Region. Viktor Kudryashov and Andrey Rybakov are co-chairs of the Joint Working Group.


Heads of ministries, departments and the largest production companies of the republic took part in the meeting in video conference format.


The Republic of Belarus is currently one of the most important trade partners of the region, in terms of exports and imports. Republic of Belarus ranks sixth among foreign countries which conduct trade relations. Oil and petroleum products, transport, agricultural machinery and fertilizers, automotive and the food industry – this is an incomplete list of aspects of cooperation.


At the meeting, the parties discussed the possibilities of expanding economic ties. Among the promising projects: products of deep processing in petrochemicals, joint developments in the IT within the framework of the Samara REC Engineering of the Future, as well as mutual localization of the automotive components production. The meeting participants agreed to strengthen cooperation in the agricultural sector.


"Our cooperation is actively developing. There is a huge potential in increasing mutual supplies in the field of mechanical engineering products and automotive components for AvtoVAZ. There are prospects for increasing the supply of Belarusian agricultural products, making cooperation in the scientific and petrochemical fields. The potential for cooperation is huge", noted Viktor Kudryashov.


The event was also attended by Andrey Kraynov, General Director of the Cluster of Automotive Industry. He gave a speech on cooperation between the Samara Region and the Republic of Belarus in the automotive industry.


At the end of the meeting, the participants signed documents on cooperation: the action plan for 2021-2023 on the implementation of the Agreement between the Government of the Republic of Belarus and the Government of the Samara Region on cooperation in trade, economic, scientific, technical, socio-cultural and humanitarian spheres of September 29, 2020. In addition, a long-term contract was signed between the Samara and Belarusian companies Belneftekhim-ROS LLC and Trading House Avtoshinkomplekt LLC for tires supply from the Republic of Belarus to the region.


Original article is on the website: Government of the Samara region



20 april 2021