Petr Parkhomchik reveals Belarus’ plans to produce $4.5-4.6 billion worth of import-substituting products in 2022

18 июня 2022
According to the Minister of Industry, in 2021, the import substitution products in the Republic of Belarus amounted to $ 3.7 billion. 

"This year the program provides for 282 activities and production of the Republic of Belarus worth $4.5-4.6 billion," specified the head of the Ministry.

Peter Parkhomchik noted that Belarus has not completely severed ties with European suppliers. Some small companies continue working with the Belarusian enterprises. The large Western brands have been forced to pause their cooperation. This is the fault of politicians, not business, the minister said. He did not rule out that in the future the cooperation will be resumed but the negotiations with the Western manufacturers will be dictated by the Belarusian manufacturers.