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Afghanistan, Belarus Sign Bilateral Trade Agreement

05 Apr 2019 Wadsam Afghanistan Business News

An MoU on bilateral trade

and economic cooperation was signed between senior officials from Afghanistan

and Belarus on Thursday.

“The Republic of Belarus

is ready to cooperate with Afghanistan in areas of export of machinery,

agriculture, joint investments and expansion of trade relations,” said Pavel

Utiupin, the Minister of Economy of Belarus, at the signing ceremony.

Afghan Economy Minister

Mustafa Mastoor said such agreements will help Afghanistan attract investment

and bolster ties with Belarus.

“It was needed to analyze

and evaluate these capacities so that we can implement all common areas for

joint cooperation acceptable to both sides within the framework of a protocol.

An inclusive protocol has been prepared and this regulates our economic and

commercial cooperation,” said Mastoor.

The value of trade

between the two nations is currently more than USD 40mn a year, according to figures

from the Ministry of Economy. Imports from Belarus to Afghanistan form a big

portion of the trade.

The post Afghanistan, Belarus Sign Bilateral Trade Agreement appeared first on Wadsam.

Original Link: https://wadsam.com/afghan-business-news/afghanistan-belarus-sign-bilateral-trade-agreement/

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