Doing Business in Belarus

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

1. To analyze the Belarusian Economy and Global Trade;
2. To know the business opportunities in Belarus;
3. To explore the Belarusian trade relations with the country of the student;
4. To know the Belarusian Trade Agreements;
5. To examine the profile of Belarusian companies;
6. To develop a business plan for the Belarusian Market.

The Subject “Foreign Trade and Business in Belarus” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Doctorate (DIB): European Business, World Trade.

Masters (MIB): International Business, Foreign Trade.

Learning materials in ( Bielorrusia Belarus).

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

Мастер в Международном Бизнесе.

1. Pan-European Corridor IX (Finland-Russia-Greece);
2. Access to the
   1. Eurasian Land Transport Initiative;
   2. China-Mongolia-Russia Economic Corridor;
   3. Baltic-Adriatic Transport Corridor;
   4. International North-South Transport Corridor (India-Russia);
   5. Transport Corridor Europe-Caucasus-Asia (TRACECA);
   6. Pan-European Corridor II (Russia-Belarus-Poland-Germany);
   7. Trans-Siberian Railway (Russia, Mongolia, China, North Korea);
   8. North Sea-Baltic Transport Corridor.

Belarusian free trade agreements and market access:

1. Belarus and the Orthodox Economic Area;
2. Commonwealth of Independent States (CIS)
   1. Free-Trade Area (CISFTA).
3. Eurasian Economic Union (EAEU)
   1. Eurasian Economic Union (EAEU)-Vietnam Free Trade Agreement (FTA).
4. Central European Initiative (CEI);
5. Belarus-Kazakhstan-Russia-Ukraine Common Economic Space;
6. Free trade agreement (FTA) between Russia, Belarus, and Kazakhstan;
7. Belarus-Russia-Ukraine Free Trade Agreement;
8. Russia-Belarus-Kazakhstan Customs Union;
9. Ukraine-Belarus Free Trade Agreement;
10. European Union-Belarus;
    1. EU Eastern Partnership;
    2. European Neighborhood Policy.

Ukraine is an observer country

1. Shanghai Cooperation Organization (SCO);
2. Association of Caribbean States (AEC);
3. Council of the Baltic Sea States (CBSS);
4. Latin American Integration Association (ALADI).

Ukraine was an observer country at the Eurasian Economic Community (EurAsEC) - Succeeded by the Eurasian Economic Union (EAEU).

Trade Facilitation Programs.

1. World Trade Organization (WTO) (in process of accession);
2. World Customs Organization (WCO)
   1. Revised Kyoto Convention (RKC).
3. International Convention on the Harmonization of Frontier Controls of Goods (UNECE);
4. Organization for Cooperation between Railways;
5. International Bureau of Containers and Intermodal Transport (BIC);
6. International Civil Aviation Organization (ICAO, Chicago Convention);
7. International Maritime Organization (IMO)
   1. International Convention for Safe Containers (CSC);
   2. Convention Relating to Temporary Admission (Istanbul Convention).
8. Customs Convention on Containers (CCC, UN);
9. Convention on the Contract for the International Carriage of Goods by Road (CMR, UN);
10. International Road Transport Union (IRU)
    1. TIR Convention;
    2. Guidelines on Safe Load Securing for Road Transport.

European Trade and Economic Organizations:

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

Global Organizations:

1. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD);
   2. International Trade Centre (INTRACEN);
   3. Commission on International Trade Law (UNCITRAL);
   4. World Intellectual Property Organization (WIPO).
2. World Bank (WB);
3. World Trade Organization (WTO);
4. International Monetary Fund (IMF).

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 spoken languages in Belarus are Belarusian and Russian;
5. Government Type: Presidential Republic;
6. Belarus gained the independence from the Soviet Union in 1990;
7. Belarusian Area: 207,600 square kilometers.

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

Belarus belongs to the Orthodox Economic Area.

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 the 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. The main trade partners of Belarus are Russia, Ukraine, the Netherlands, Germany, Poland, Venezuela, the United Kingdom, Latvia, and Italy;
5. Potash fertilizer and flax fiber production are the largest export products of Belarus;
6. The majority of the foreign direct investment came from the European Union (43%) and Russia (33%);
7. The largest foreign direct investment sources were Russia (82%), Switzerland, Cyprus, and Germany.

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

1. The main economic activities of Minsk are industry (20% of the total industrial production volume 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. The main industrial export products are tractors, lorries, metal-working machine tools, refrigerators, TV sets, motor-cycles, and bicycles;
4. The main export market destination  are Russia, Ukraine, Baltic States, Poland, Germany, Pakistan, and Kazakhstan;
5. Access to the Eurasian Land Transport Initiative.

(c) EENI Global Business School (1995-2023)
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