Essay Database

Belarusian Economy Belarus’s economy has done fairly well from the situation it started in. The economy has some strengths, but it is also not without its weaknesses. Also the Republic has not done yet enough to restructure its economy after the break up of the USSR. Belarus has a fairly well balanced economy with an agriculture capable of feeding its population and a well developed industrial base. Belarusian industry is capable of producing 1.1 million …

…favorable for investments Belarus is taking steps for creating an adequate base of legal standards for foreign investment security, liberalization of taxation order and customs regulations, granting cost benefits to investors and providing various information and business services. The economy of Belarus has great potential. Its strengths can be strengthened and its weaknesses can be improved. Having a strong trading partner would put Belarus in a position to over come the crisis in its economy.