New Delhi: Stressing on the need to further strengthen the existing trade relations and move towards the next level of cooperation between both the nations, Belarusian Minister for Industry Pavel Utiupin on Wednesday invited Indian companies to explore business opportunities in the territory of the Special Economic Zone ‘Bermino-Orsha’.
Speaking at the ‘India–Belarus Investment Forum’ organized by FICCI, jointly with Embassy of the Republic of Belarus in India and DPIIT, Mr Utiupin said, “We are ready for comprehensive cooperation with our Indian partners in all areas designated by us, as well as proposed by the Indian side.”
“Let me invite Indian businesses and representatives to Belarus. We will arrange new visa reforms and all the necessary support,” added the Minister.
“I would like to stress on the specialty of the special economic zone ‘Bremino-Orsha’ which can be a beautiful example of investment with industrial and technological capabilities that we can have with projects from Indian businesses,” he said.
“The risk possibilities are very few and keeping in mind our outreach to both Eurasian and Canadian unions and European union. We can use both Belarus and Indian financial sources in order to score a great success,” said Mr Utiupin.
Highlighting the potential areas for investment, Mr Utiupin said that Belarus has good offerings for the engineering and industrial technology.
He added that in the framework of the government initiative smart and safe cities, Belarus is working on a pilot project in Hyderabad that runs on the Belarusian electric buses.
“On behalf of the Government of Belarus, let me reassure you that projects like this will be comprehensively supported at our end,” the Belarusian minister said.
Belarusian Ambassador to India Andei Rzheussky said, “I can assure you that the embassy will assist you if you approach us with particular projects. We can’t push businesses to establish contacts, but can certainly assist businesses from different countries to do that.”
Senior FICCI Executive Committee Member and CMD, RRB Energy Ltd Rakesh Bakshi said, “Given the sustained and focused efforts being supported by the Governments of both the countries at the highest levels, the time is now for us to scale up the partnership and diversify economic linkage with focus on natural complementarities between the two nations.”
He added, “One of the main areas of alliance between India & Belarus is the building of highways and construction. Belarus has expertise in heavy engineering equipment. Also, India can support Belarus in the area of new & renewable energy.”
