Regional development in the focus of the Belarusian program 2021-2025

MINSK, August 31 (BelTA0 – The Belarusian Social and Economic Development Program 2021-2025 proposes an algorithm to transform the country’s territories into strong regions, Deputy Economy Minister Anzhelika Nikitina said at a regular session of the Permanent Seminar in the Parliamentary Assembly BelTA learned about the Union state of Belarus and Russia from the press service of the Ministry of Economic Affairs.

“Firstly, we want to revitalize the potential of cities with more than 80,000 inhabitants. In each of these regions we plan to set up two to three new companies that have no equivalent in the country. Clusters will contribute to the economic and innovative progress of the regions. Third, we intend to apply new approaches to the preferential areas. The focus is on working individually with an investor: everyone can choose the most suitable and attractive set of benefits and preferences. Fourth, we will focus more on the areas affected by the Chernobyl accident. There we will focus on tourism, traditional handicrafts, amusement parks, said Nikitina.

The seminar discussed the economic policy priorities in the innovative fields of action of Belarus and Russia in the context of the development of the common economic area, investment policy, the interaction of the two countries in import substitution as well as the priorities and perspectives of cross-border and interregional economic cooperation.

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