Increasing exports to become top priority for the Belarusian economy

To increase export must become the top priority for the Belarus economy in 2014. The statement was made by Belarusian Economy Minister Nikolai Snopkov at the session of the Council of Ministers Presidium. The Minister remarked that the social and economic development targets set for the year 2014 are objective and are meant to ensure the stable operation of the economy in addition to balanced growth and the rising wellbeing of the nation. In his words, to increase export is the only safe option for accomplishing the goals. Increasing the export potential in 2014 should become a number one task, stressed Nikolai Snopkov. The achievement of the 108.6% export growth rate is the starting point for reaching the key objectives, believes the Minister. With this in mind the necessary legal base and the institutional foundation for the operation of a system to support export have been created in Belarus. The export promotion system matches the main approaches used internationally. In 2014 the state budget will allocate special funds to support exporters. The measure will encourage the sale of Belarus-made products abroad.