Belarus plans to introduce investment agreements with guaranteed buyback mechanism - Economy Ministry
<p> MINSK, Jul 31 – PrimePress. Belarus plans to introduce a mechanism of special investment agreements providing for guaranteed purchase of a certain share of products, Economy Minister Alexander Chervyakov told an online conference on July 31. </p> <p> </p> <p> “There is a growing global competition for investments. We continue to improve the national investment legislation. This concerns simplifying the conditions for investors to enter the Belarusian market, reducing costs during project implementation, minimizing risks and increasing protection of ownership rights. There are plans to introduce a mechanism of special investment agreements to guarantee the purchase of a certain share of products,” said Cherviakov. </p> <p> </p> <p> In his words, the Belarusian authorities seek to create the most comfortable conditions for concluding contracts among other countries of the Eurasian Economic Union. </p> <p> </p> <p> “Belarus has been working to conclude bilateral international treaties with Singapore, Hong Kong Turkey and China. The main emphasis is on investment protection in terms of additional guarantees of investors’ rights,” said Chervyakov. End </p> <p> </p>
2020-08-01
Primepress
MINSK, Jul 31 – PrimePress. Belarus plans to introduce a mechanism of special investment agreements providing for guaranteed purchase of a certain share of products, Economy Minister Alexander Chervyakov told an online conference on July 31.
“There is a growing global competition for investments. We continue to improve the national investment legislation. This concerns simplifying the conditions for investors to enter the Belarusian market, reducing costs during project implementation, minimizing risks and increasing protection of ownership rights. There are plans to introduce a mechanism of special investment agreements to guarantee the purchase of a certain share of products,” said Cherviakov.
In his words, the Belarusian authorities seek to create the most comfortable conditions for concluding contracts among other countries of the Eurasian Economic Union.
“Belarus has been working to conclude bilateral international treaties with Singapore, Hong Kong Turkey and China. The main emphasis is on investment protection in terms of additional guarantees of investors’ rights,” said Chervyakov. End