Belarusian companies have not yet applied to the Eurasian Economic Commission (EEC) for support of industrial cooperation projects available within the Eurasian Economic Union, Deputy Economy Minister Alesia Abramenka said.
According to her, the EEC is currently reviewing 14 applications, six of which have already been approved. The total value of the approved projects amounts to 1.4 billion Russian rubles. Overall, 8.8 billion Russian rubles have been allocated in the EAEU budget for 2024–2026 to support cooperation projects.
“There are opportunities for Belarusian projects to enter. Of the 14 projects mentioned, two are from Kazakhstan and the rest are Russian. Belarusian companies are participating as co-executors in such projects. So far, Belarusian companies have not applied themselves, which is why we urge everyone to participate actively. We have many industrial sectors that could benefit from this compensation and subsidization,” Abramenka said.
Today, the Eurasian Intergovernmental Council is considering amendments to the rules governing the financing of industrial cooperation projects. In particular, applications will be submitted four times a year instead of twice.
