Lukashenko suggests setting up joint companies in Kursk Oblast

Belarus and Russia’s Kursk Oblast need to shift from traditional trade to creation of joint manufacturing companies, Belarusian President Aleksandr Lukashenko said as he met with Kursk Oblast Governor Roman Starovoyt on 9 June, BelTA has learned.

In 2020 Kursk Oblast adopted the social and economic development strategy through 2030. The president confirmed Belarus’ readiness to participate in programs to modernize key sectors of the economy of the Russian region. “I think Belarus will find its place in the implementation of these plans,” the head of state stressed.

“We need to move from simple trade to the creation of joint productions. Joint ventures seem promising. We may start from assembling machinery your region needs,” said Aleksandr Lukashenko.

According to the president, Belarus has an extensive and successful experience of cooperation in manufacturing various types of equipment. “We can share our best practices,” he said.