Business climate liberalization

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April 22, 2016 17:57

Belarus simplifies foreign trade conditions. For instance, registration of transactions will be carried out not of every individual annex to the foreign trade contract but of a contract as a whole. As a result the number of addresses of enterprises to the banks will reduce. Moreover, fees for bank registration of transactions will be cancelled.


The government is trying to follow the plan of simplifying business environment and improving business ratings. This mosaic-type policy is ineffective in the current circumstances however it could be beneficial in the long term with the restoration of the credibility of the economic policy and of the Belarusian authorities.

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The Belarusian authorities regard the Catholic conference as yet another international event to promote Minsk as a global negotiating platform. Minsk’s proposal to organise a meeting between the Roman-Catholic Church and the Russian Orthodox Church is rather an image-making undertaking than a serious intention. However, the authorities could somewhat extend the opportunities for the Roman-Catholic Church in Belarus due to developing contacts with the Catholic world.

Minsk is attempting to lay out a mosaic from various international religious, political and sportive events to shape a positive image of Belarus for promoting the Helsinki 2.0 idea.

Belarus’ invitation to the head of the Holy See for a meeting with the Patriarch of the Russian Orthodox Church should be regarded as a continuation of her foreign policy efforts in shaping Minsk’s peacekeeping image and enhancing Belarus’ international weight. The Belarusian authorities are aware that their initiative is unlikely to find supporters among the leadership of the Russian Orthodox Church in Moscow. In Russia, isolationist sentiments prevail.

In addition, for domestic audiences, the authorities make up for the lack of tangible economic growth with demonstrations of growth in Minsk’s authority at international level through providing a platform for religious, sportive and other dialogues.