President’s Decree on Great Stone simplifies administrative procedures and supports innovation

15 июня 2021

The President's Decree on new working conditions in the Great Stone Industrial Park will provide for maintaining and developing the best legal regime for doing business in it in comparison with other economic zones of the EAEU and the European Union.


The administration of the Industrial Park spoke about this today. When working on the document, the proposals of the Chinese side were also taken into account. Belarus is an effective platform for the development of the Silk Road. The Decree on the Great Stone was signed by the Head of State last Friday. The legislative act establishes a number of innovations like simplification of administrative procedures and support for innovation.


Kirill Koroteev, First Deputy General Director of the Industrial Park Development Company CJSC:


First of all, the concept of innovative establishment is introduced. This is an enterprise that conforms to the philosophy of the park and which the state grants benefits for 2 years. This is the time when you can develop into a full-fledged business and become a resident of the park. Support instruments are being