In the capital of Belarus, at the 13th Forum of Regions of Belarus and Russia, which traditionally serves as one of the leading platforms for developing strategic decisions within the Union State, the FEZ Minsk Administration presented key results of long-term cooperation with Russian partners and outlined new benchmarks for further integration.
The Russian Federation confidently maintains its status as the main trade and economic partner of FEZ Minsk, demonstrating a consistently high level of cooperation and investment activity compared to other countries. Exports to Russia amount to $2.6 billion, or 92% of the total. Foreign direct investment from the Russian Federation reached $11 million. Nine companies with Russian capital are successfully implementing their investment projects within FEZ Minsk.
As part of the forum's business program, the Administration management participated in two specialized sessions devoted to priority areas of bilateral cooperation: "Cooperation in the Implementation of Joint Innovative Projects to Strengthen the Technological Sovereignty of the Union State" and "Interregional Cooperation between Belarus and Russia: Practical Tools for Business."
These sessions culminated in the signing of a Cooperation Agreement between the FEZ Minsk Administration and the Innovative Entrepreneurship Development Fund. The document lays the foundation for the systematic expansion of economic, investment, and innovative cooperation between the Republic of Belarus and the Russian Federation, and opens up additional opportunities for joint projects in industrial and technological areas.
At the BelExpo Exhibition Center FEZ Minsk presented products from leading resident companies. The exhibition showcased the investment and industrial potential of FEZ Minsk and demonstrated its readiness to further develop cooperation with Russian regions and companies.
The Forum of Regions of Belarus and Russia is held annually under the auspices of the Council of the Republic of the National Assembly of the Republic of Belarus and the Federation Council of the Federal Assembly of the Russian Federation. Over the years, the Forum has become a traditional platform for dialogue between government officials and business communities of Russia and Belarus.
According to the President of the Republic of Belarus, regional cooperation is the key link in Belarusian-Russian relations, and the Forum helps regions of the two countries establish direct contacts and develop economic cooperation.