Markovich: Belarusian companies should raise foreign investments more actively

        Belarusian companies should step up efforts to raise foreign investments and channel them into modernization, Belarus’ Ambassador to the Czech Republic Vasily Markovich told BelTA commenting on the State of the Nation Address of the Belarus President. According to Vasily Markovich, the Belarusian Embassy in Czechia offers utmost support to Belarusian companies looking for foreign partners and investors. “More than that, we also look for investors and help our companies to conduct talks with Czech partners and get loans,” he said. The diplomat believes that the competition-based approach to distributing public funds is the right thing to do. “In any case, the government should be tough in implementing its program to upgrade and renovate domestic companies. Economic operators that are not included in the government program should rely on their own capital and resources if they want to be a success and keep growing. The government will help them whenever it can. The rest should be shut down or be reorganized,” Vasily Markovich noted.