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

China to raise tariffs on US goods to 125%

Trump’s universal tariffs on China total 145%. When Trump announced Wednesday that China faced 125% tariffs, he did not include a 20% tariff on China tied to its role in fentanyl production

Thousands of immigrants off from Social Security

The policy aligns with other high-profile anti-immigration measures taken by Donald Trump’s White House since his second term began, including sending more than 200 suspected gang members to a notorious prison in

Modi may attend Russia’s V-Day celebrations

Defence Minister Rajnath Singh is likely to represent India at Russia’s Victory Day parade next month that will mark the 80th anniversary of the Soviet victory over Germany in the Second World
Go toTop

Don't Miss

Dulsco joins with Choithrams for Recyclables Collection Campaign

The first 100 customers to arrive with 5kgs or more

UAE eases travel rules for unvaccinated citizens

UAE on Wednesday announced the updated travel protocol for unvaccinated