Polish firms ready to buy Belarusian companies
13:39
The potential participation of Polish companies in privatization in Belarus is a watershed moment in the history of these two countries, Deputy Prime Minister Mateusz Morawiecki said. He added that a list has been agreed of Belarusian companies that Polish companies could try to purchase.
“We agreed on a list of medium and larger companies, e.g. the fifth-biggest bank in Belarus, which could potentially be sold,” Morawiecki informed at a press briefing in Minsk.
Morawiecki pointed out that institutions such as the National Economy Bank (BGK) and the Export Credit Insurance Corporation, which know Belarus well, could be helpful in the export of goods to that country. Noting that it is going through “deep changes,” the deputy premier said that Belarus needs Polish know-how in the banking, insurance, and other sectors.
In January-July 2016, exports of Polish goods to Belarus reached $790 million (up 4.5 percent compared to the same period of 2015), while imports amounted to $499 million (up 7 percent).
