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Belarus Eastern Europe Monitoring

Belarus, Spain to enhance trade and investment cooperation

Belarus and Spain have agreed to organize joint events at the Spanish Chamber of Commerce. These and other agreements were discussed at the meeting between Belarus’ Ambassador to France with concurrent accreditation to Spain Pavel Latushko and Jose Luis Kaiser, Director General for International Trade and Investments at the Spanish Ministry of Economy, Industry and Competitiveness.

The parties discussed the implementation of the agreements reached at the first meeting of the joint Belarusian-Spanish intergovernmental commission on economic and industrial cooperation on 18 October 2017. They also discussed the possibility of holding joint events to strengthen cooperation in the field of trade and investment. An agreement was reached to organize a forum for businessmen of Belarus, Spain and Latin American countries. The prospects of cooperation were talked over with representative of the Belarusian Chamber of Commerce and Industry in Spain Olesya Slizheva.

At the meeting, Jose Luis Kaiser was provided with the bilateral trade statistics. The growth of Belarusian exports to Spain exceeded 12% in 2017.

The parties confirmed their interest in developing the legal framework of the bilateral relations. Apart from the signed agreements on cooperation in tourism, economic and industrial cooperation, the two countries are completing the ratification of the convention on the avoidance of double taxation, and also working on the agreements on international road transportation, cooperation in the field of accreditation, mutual protection of investments, and an agreement between the Justice Ministries of the two countries.

Pavel Latushko also met with Juan Lopez Herrera, Director General of Bilateral Relations with European Union Countries at the Spanish Ministry of Foreign Affairs. The parties discussed the Belarusian-Spanish cooperation, including trade and economic cooperation, ministerial consultations scheduled for May 2018, the development of the legal framework of relations, the implementation of cultural projects (the exhibition of works from the El Greco Museum and the Picasso Museum in Minsk).

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