October 21, 2022
2 mins read

UAE is largest investor in Belarus: Envoy

On the joint projects launched by the two countries, Belarus envoy said that the UAE has become the largest investor in Belarus among GCC countries….reports Asian Lite News

Andrei Luchenok, Ambassador of Belarus to the UAE, said that the two friendly countries share deep-rooted ties dating back over three decades, adding that their cooperation in the areas of industry, energy, agriculture, telecommunications, transport and trade has witnessed significant development.

In an interview with the Emirates News Agency (WAM), Luchenok stated that the UAE and Belarus share solid relations based on trust and mutual understanding.

Speaking about the ongoing advancement in their bilateral ties, supported by their leaderships, he explained that Belarus shares distinguished ties with Gulf Cooperation Council (GCC) countries, particularly with the UAE, noting that their diplomatic relations were established in 1992.

He also talked about the historic visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan to Belarus in 2019, as well as the visits of Alexander Lukashenko, President of Belarus, to the UAE, affirming that the friendship between the two countries has grown over the years.

On the volume of trade between the two countries, Luchenok explained that their non-oil foreign trade amounted to some US$82.6 million in 2021, with imports totalling US$32 million and non-oil exports totalling US$44.5 million, an increase of 16.2 percent compared to their total non-oil foreign trade in 2020 valued at US$71.1 million.

On the joint projects launched by the two countries, he said that the UAE has become the largest investor in Belarus among GCC countries.

Following the establishment of the UAE-Belarus diplomatic relations in 1992, Belarus opened its Embassy in Abu Dhabi in 1999, while the UAE Embassy in Minsk was inaugurated in 2008.

Pic credits Twitter @BelarusEmbUAE

Earlier this month, Ibrahim Salim Al Musharrakh presented his credentials to Belarusian President Aleksandr Lukashenko, as an Ambassador Extraordinary and Plenipotentiary of the UAE to Belarus, during a ceremony held at the Presidential Palace in Minsk.

President Lukashenko wished Al Musharrakh success in his efforts to enhance ties between the two countries while highlighting his country’s readiness to support him in his duties.

For his part, Al Musharrakh expressed his pride at representing the UAE in Belarus and his keenness to continue developing bilateral relations in key fields to strengthen the bonds of friendship between the two countries.

ALSO READ: UAE President congratulates Zelensky on 30th anniversary of ties

Previous Story

Truss’ short stint leaves scars on economy

Next Story

Truss joins long list of shortest-serving PMs

Latest from -Top News

Beijing Targets Hong Kong Democracy

Latest annual UN report highlighted the growing and sophisticated trend of cross-border repression targeting human rights activists…reports Asian Lite News The United Nations, in its latest report on reprisals, revealed that two

Clearing A Mess in Gaza

Municipalities across Gaza have mobilized their limited resources to clear streets and set up temporary shelters for thousands of displaced families…reports Asian Lite News The conflict has left behind an estimated 55

Gaza, Malaysia to help Gaza Rebuild

Egyptian, Malaysian leaders discuss Gaza aid, reconstruction amid ceasefire…reports Asian Lite News Egyptian President Abdel Fattah al-Sisi and Malaysian Prime Minister Anwar Ibrahim spoke by phone about efforts to support Gaza’s reconstruction,

Netanyahu to Run Again in 2026

When asked whether he expects to win, Netanyahu said, “Yes.”…reports Asian Lite News Israeli Prime Minister Benjamin Netanyahu has confirmed his bid for re-election in the 2026 parliamentary polls. He made the

Lula Calls for Independent Latin America

The remarks came as Brazil and the United States began thawing relations following the tariffs of up to 50 per cent …reports Asian Lite News Brazilian President Luiz Inacio Lula da Silva
Go toTop

Don't Miss

UAE leaders discuss future development plans

They then addressed the ‘Projects of the 50’ and the

UAE extends ban on drones, light sports aircraft

The Ministry of Interior announced an extension of its decision