{"id":583447,"date":"2026-09-30T14:35:56","date_gmt":"2026-09-30T11:35:56","guid":{"rendered":"https:\/\/reform.news\/?p=583447"},"modified":"2026-09-30T15:01:27","modified_gmt":"2026-09-30T12:01:27","slug":"economy-ministry-aims-to-increase-exports-in-2027-through-new-far-arc-markets","status":"publish","type":"post","link":"https:\/\/reform.news\/en\/economy-ministry-aims-to-increase-exports-in-2027-through-new-far-arc-markets","title":{"rendered":"Economy Ministry Aims to Increase Exports in 2027 Through New \u201cFar Arc\u201d Markets"},"content":{"rendered":"
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Belarusian Economy Minister Yury Chabatar<\/strong> commented on the approved key indicators and targets for socio-economic development in 2027<\/a>. According to him, exports will grow through access to new markets in \u201cfar arc\u201d countries, BelTA reports.<\/p>\n

Belarus plans to increase GDP by 1.9% in 2027 compared with 2026, exports by 2.9%, investment by 3.1%, and real disposable household incomes by 3%.<\/p>\n

\u201cWhat will drive our development and help us achieve our targets? First and foremost, it is the export program. Export growth of 2.9% is planned for 2027. Most importantly, we are continuing along the path of entering new far arc markets.<\/em><\/p>\n

All our exporters will continue to receive support through the existing main mechanisms \u2014 Decrees No. 466 and No. 534. A pilot initiative to support logistics to far arc countries has also been launched. All this will provide a framework for meeting our export targets,\u201d<\/em> Chabatar said.<\/p>\n

The economy minister also mentioned China as Belarus\u2019s second-largest trading partner.<\/p>\n

\u201cWe expect corresponding results in both exports and imports, as well as in technological development,\u201d<\/em> the minister said.<\/p>\n

Investment growth of 3.1% is planned to be achieved through modernization and the establishment of new production facilities.<\/p>\n

\u201cWe have been making this a priority for several years now. First and foremost, this means modernizing the real sector of the economy and establishing new production facilities. We are currently encouraging all our enterprises to accelerate the renewal of machinery and equipment.<\/em><\/p>\n

The President has signed a decree \u2018On Stimulating Robotization.\u2019 We will also continue our initiative to support projects in the regions. Important factors include increasing labor productivity, developing our expertise and technological self-sufficiency, as well as implementing joint projects with other countries,\u201d<\/em> Chabatar said.<\/p>\n

The pace of rental housing construction is planned to increase by 1.5 times.<\/p>\n

\u201cConstruction of key social infrastructure will continue, along with the implementation of the State Investment Program and regional programs. All this will create favorable conditions for improving the population\u2019s well-being,\u201d<\/em> the minister noted.<\/p>\n

Real disposable household incomes are projected to grow by 3%, but according to the official, this is not the limit.<\/p>\n

\u201cWe are confident that wages will grow at a faster pace, including as a result of modernizing our enterprises. Moderate inflation of no more than 6% will also contribute to real income growth. The conditions for this are in place, including a good harvest this year,\u201d<\/em> Chabatar emphasized.<\/p>\n

GDP is projected to grow by 1.9% compared with 2026.<\/p>\n

\u201cAn increase of about $7 billion is planned, bringing GDP to approximately $114\u2013114.5 billion. GDP per capita will grow, including in purchasing power parity terms,\u201d<\/em> Chabatar said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Belarusian Economy Minister Yury Chabatar commented on the approved key indicators and targets for socio-economic development in 2027. According to him, exports will grow through access to new markets in \u201cfar arc\u201d countries, BelTA reports. Belarus plans to increase GDP by 1.9% in 2027 compared with 2026, exports by 2.9%, investment by 3.1%, and real […]<\/p>\n","protected":false},"author":119,"featured_media":507410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/reform.news\/wp-content\/uploads\/2026\/09\/6abcfa1e109c3.jpg","width":1200,"height":630,"template":"691142dd","mode":"auto"},"_sharing_image_fieldset":{"dTVKfmI95PYT":"Economy Ministry Aims to Increase Exports in 2027 Through New \u201cFar Arc\u201d Markets"},"footnotes":""},"categories":[142338,143126],"tags":[],"class_list":["post-583447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-business"],"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/583447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/users\/119"}],"replies":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/comments?post=583447"}],"version-history":[{"count":1,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/583447\/revisions"}],"predecessor-version":[{"id":583448,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/posts\/583447\/revisions\/583448"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/media\/507410"}],"wp:attachment":[{"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/media?parent=583447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/categories?post=583447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reform.news\/en\/wp-json\/wp\/v2\/tags?post=583447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}