Doing Business in Belarus

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Syllabus of the Subject: Doing Business in Belarus Minsk.

  1. Introduction to the Republic of Belarus (Europe)
  2. Belarusian Economy
  3. International Trade of Belarus
  4. Doing Business in Minsk
  5. Economic Profile of the Belarusian regions: Brest, Vitebsk, Gomel, Grodno, Mogilev.
  6. Case Study:
    1. Gomselmash Company
    2. Spartak
  7. The Union State (Russia and Belarus)
  8. Trade relations European Union-Belarus
  9. Access to the Belarusian Market
  10. Business Plan for Belarus

The objectives of the subject “Foreign Trade and Doing Business in Belarus” are the following:

  1. To analyse the Belarusian economy and foreign trade
  2. To evaluate the business opportunities in Belarus
  3. To explore Belarusian trade relations with the country of the student
  4. To know Belarusian free trade agreements
  5. To examine the profile of the Belarusian companies
  6. To develop a business plan for the Belarusian Market
The Subject (e-learning) “Doing Business in Belarus” is part of the following Higher Education Programs (Bachelors, Masters, Doctorates) taught by EENI Business School & HA University:
  1. Doctorate: Europe
  2. Master's Degree (e-learning): International Business, Foreign Trade, Europe
  3. Bachelor's Degree in International Trade (e-learning)
  4. Course: Eastern Europe

Higher Education programs adapted for Belarusian Students

Course learning materials in Higher Education in English (Higher Education in Spanish Bielorrusia Post-secondary Education in French Belarus).

  1. Credits of the subject “Foreign Trade and Doing Business in Belarus”: 1 ECTS Credits
  2. Duration: one week

Students, e-learning, EENI Business School & HA University

Мастер в Международном Бизнесе

Sample of the subject - Doing Business in Belarus:
Course: Doing Business in Belarus Minsk

Description of the Subject (Online Learning): Foreign Trade and Doing Business in Belarus.

The Republic of Belarus:

  1. Belarus share frontiers with Poland, Lithuania, Latvia, Russia, and Ukraine
  2. The capital of Belarus is Minsk (3 million inhabitants)
  3. Belarusian population: 9.6 million people
  4. The languages spoken in Belarus are Belarusian and Russian
  5. Government Type: Presidential Republic
  6. Belarus gained independence from the Soviet Union in 1990.
  7. Area: 207,600 square kilometres

The Belarusian main religion is Orthodox Christianity. There are 1.7 million Catholics

Belarus belongs to the Economic Area of the Orthodox Civilisation.

Belarusian Economy.

  1. The Republic of Belarus has benefited a strong economic growth since its independence in 1992
  2. The European Union has suspended the economic partnership with Belarus until political and civil conditions improve
  3. The Union State (Russia and Belarus). The Strategic Partnership with the Russian Federation stems from their location, historical and cultural links between Russia and Belarus, economic ties and cooperation between the Belarusian and Russian companies
  4. Main trade partners of Belarus are Russia, Ukraine, the Netherlands, Germany, the People's Republic of China, Poland, Venezuela, the United Kingdom, Latvia, and Italy
  5. Potash fertilizer and flax fibre production are the largest export products of Belarus
  6. The majority of foreign direct investment came from the European Union (43%) and Russia (33%)
  7. The largest sources of the foreign direct investment were Russia (82%), Switzerland, Cyprus, and Germany

Minsk is the capital and industrial centre of the Republic of Belarus.

  1. Main economic activities of Minsk are the industry (20% of the total volume of industrial production of Belarus), construction, science and scientific services, food production, light and motor industry, tractor manufacturing, machine tool, construction, metal working, instrument making and radio engineering and electronic equipment manufacturing
  2. Minsk export 60% of his production
  3. Main industrial export products are tractors, lorries, metal-working machine tools, refrigerators, TV sets, motor-cycles, and bicycles
  4. Main export market destination is Russia, Ukraine, Baltic States, Poland, Germany, Pakistan, and Kazakhstan

Community of Independent States CIS

Belarus' free trade agreements:

  1. Commonwealth of Independent States (CIS) - Free-Trade Area (CISFTA)
  2. Free trade agreement (FTA) between Russia, Belarus, and Kazakhstan
  3. Belarus-Russia-Ukraine Free trade agreement (FTA)
  4. Eurasian Economic Union (EEU)
  5. Eurasian Economic Community (EurAsEC)
  6. Central European Initiative (CEI)
  7. EU Eastern Partnership
  8. European Neighbourhood Policy

Regional Economic Organisations

  1. Organisation for Security and Cooperation in Europe (OSCE)
  2. Economic Commission for Europe (UNECE)
  3. European Investment Bank

Samples - Business in Belarus

Belarus Business

Eurasian Economic Union

Eurasian Economic Community (EurAsEC)

Central European Initiative (CEI)

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