Be­larus Af­ter JV

Iran News - - DOMESTIC -

ISNA* - Be­larus is hold­ing talks on set­ting up joint ven­ture funds with Iran and China, Deputy Econ­omy Min­is­ter Pavel Utyupin told BelTA in an in­ter­view. “The work to set up joint ven­ture funds with China and Iran in the fu­ture is in progress,” Utyupin said.

“The se­lec­tion of such projects is un­der­way. As of to­day, more than 50 in­vest­ment re­quests to the tune of Br100 mil­lion ($5,157) have been sub­mit­ted for con­sid­er­a­tion.

Four re­quests in medicine and in­for­ma­tion tech­nolo­gies have been al­ready con­sid­ered and se­lected. We ex­pect to launch at least 1-2 pi­lot projects by the end of 2017.”

Utyupin stressed that the de­vel­op­ment of new kinds of in­vest­ment, in­clud­ing ven­ture in­vest­ments, is a cru­cial el­e­ment of the na­tional in­no­va­tive sys­tem de­vel­op­ment in ac­cor­dance with Be­larus’ So­cial and Eco­nomic De­vel­op­ment Pro­gram for 2016-20.

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