Belarus sees risks for businesses increase considerably - Shvets
<p> MINSK, Mar 24 - PrimePress. The risks for businesses operating in Belarus have increased significantly recently. Chairman of the Republican Union of Industrialists and Entrepreneurs (RUIE) Alexander Shvets made a statement to this effect at the round table “Business Communications in a Time of Turbulence. Can business be beyond politics?” on March 24. </p> <p> </p> <p> Shvets said that the consolidation of resource opportunities within the country plays a cardinal role for the government under the current socio-economic and political conditions in Belarus. “A policy of stricter resource control over large state-owned companies, as well as private companies, will be stepped up,” said Shvets. </p> <p> </p> <p> He expects that the government will start to consolidate resource opportunities with regard to large profitable public companies (and such companies work in the telecommunications market, customs services market, oil refining and chemical industry) without waiting for profits to be formed. </p> <p> </p> <p> As for private companies, they may start losing contracts from the public sector. “If a businessman has more orders from state companies in his portfolio, this increases his risk. The economic appeal of your offer may not play the role it used to by the logic of procurement. In other words, we state: even if your offer is better and cheaper, the government purchasers may not choose you during this period, motivated by their pseudo-legal rights and opportunities. In other words, arguments that used to be seemingly immutable and logical stop working,” Shvets stressed. End </p> <p> </p> <p> </p>
2021-03-25
Primepress
Belarus sees risks for businesses increase considerably - Shvets
MINSK, Mar 24 - PrimePress. The risks for businesses operating in Belarus have increased significantly recently. Chairman of the Republican Union of Industrialists and Entrepreneurs (RUIE) Alexander Shvets made a statement to this effect at the round table “Business Communications in a Time of Turbulence. Can business be beyond politics?” on March 24.
Shvets said that the consolidation of resource opportunities within the country plays a cardinal role for the government under the current socio-economic and political conditions in Belarus. “A policy of stricter resource control over large state-owned companies, as well as private companies, will be stepped up,” said Shvets.
He expects that the government will start to consolidate resource opportunities with regard to large profitable public companies (and such companies work in the telecommunications market, customs services market, oil refining and chemical industry) without waiting for profits to be formed.
As for private companies, they may start losing contracts from the public sector. “If a businessman has more orders from state companies in his portfolio, this increases his risk. The economic appeal of your offer may not play the role it used to by the logic of procurement. In other words, we state: even if your offer is better and cheaper, the government purchasers may not choose you during this period, motivated by their pseudo-legal rights and opportunities. In other words, arguments that used to be seemingly immutable and logical stop working,” Shvets stressed. End