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        • A working meeting of the administration's leadership with the delegation of the Republic of Bashkortostan headed by Deputy Minister of Economic Development and Investment Activity was held at the business platform of the FEZ "Minsk" administration

        A working meeting of the administration's leadership with the delegation of the Republic of Bashkortostan headed by Deputy Minister of Economic Development and Investment Activity was held at the business platform of the FEZ "Minsk" administration

        25 October 2024
        The negotiations were held as part of the official visit of the Russian delegation to the Republic of Belarus. The parties discussed issues related to the creation of a Bashkir-Belarusian investment cluster.
        The goal of the project is to attract Belarusian enterprises participating in investment activities in Bashkortostan, as well as Russian businesses to Belarus.

        Its implementation, experts believe, will make it possible to expand the sales market for Belarusian products by locating their production closer to potential consumers, and reduce production costs, primarily logistics. Also, as an effect of the mechanism's implementation, the possibility of fully using the raw materials
        and industrial potential of Bashkortostan and building a system of industrial cooperation is noted.

        For projects of Bashkortostan companies in Belarus, such benefits as exemption from income, property and land taxes, exemption from land rent and financing of infrastructure costs are offered.

        In turn, the first deputy head of the FEZ "Minsk" administration Siarhei Bubenka presented to his Russian colleagues the specifics of working in the conditions of the free economic zone and the possibilities of a preferential regime. The meeting participants also outlined current areas of cooperation.

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