Possession of Belarus in the Eastern European trade status should not be underestimated, for China's manufacturing industry, in order to successfully occupied Belarus, by an understanding of the of Belarus local natural resources, economic and industry conditions. Global Vision provides you with the overview of the analysis of the Belarusian economy.
Although the Belarusian economy continued its steady development, but also there is a certain amount of worry and crisis; the face of the evolving world environment and the ever-changing market situation in recent years, the Government of Belarus since 2004, has made a series of diplomatic efforts to expandcooperation with countries such as China, India, Vietnam, and extended to the multi-faceted co-operation with developing countries; 2006 white government emphasis on accelerating the pace of energy diplomacy, the beginning of the new year 2007 white President and the Prime Minister have embarked on a series of diplomatic visit andinitiatives to strengthen the dialogue with the EU.
The above activities indicate that efforts to consolidate the development of the countries of the original partnership, Belarus is constantly adjust its foreign policy, expand multi-faceted diplomacy to open up more channels to attempt greater national economic development initiative in the framework of an independentstrive to make the Belarusian economy in the steady development of the diversified.
2006 steady economic development and potential crisis
In 2006, Belarus's economy has maintained rapid growth rate since 2004.
The 2006 gross domestic product (GDP) amounted to 79.2 trillion Belarusian rubles (about 37 billion U.S. dollars), a year-on-year growth of 9.9%, with a per capita GDP of about 3,800 U.S. dollars; industrial output grew by 11.3%, agricultural output grew 6.1%.
The Belarusian government has always emphasized the people-based, progressive reform, while maintaining stability, the establishment of a socially oriented market economy regulation, insisted in line with the white national conditions "model of development in Belarus. Since the last presidential election, the domestic political situation is more stable, the opening up of the social and economic widened.
But from Belarus and Russia's trade figures trade market is still over-reliance on Russia, the volume of trade of Belarus with Russia in 2006 to $ 19.93 billion, accounting for 47% of the total white foreign trade, a year-on-year growth of 25.9%, of which 13.08 billion U.S. dollars of imports from Russia58.6% share of total imports of white, Russia exported 6.85 billion U.S. dollars, accounting for 34.7% of the total white export, the trade deficit of up to $ 6.23 billion, Belarus trade is heavily dependent on the situation in Russia will no doubt under the new situation and the market economy, the ever-changingserious challenges and potential crisis to the economic development of Belarus.
Analysis of figures from the energy supply, the Belarus energy supply is still mainly rely on imports from Russia. White imported 20.9 million tons of oil from Russia in 2006, the amount of $ 5.61 billion and imports of natural gas, 208 billion cubic meters, the amount of $ 990 million, the only two goods imports accounted for 50% of the import value of the trade with Russia. The Russian side to improve energy prices, the dialogue bring greater economic development impact. Russian for the beginning of 2007 the white gas prices from $ 47/1000 cubic meter rose to 100 U.S. dollars / thousand cubic meters; alone white extra expenditure of over 1 billion U.S. dollars, which will Baijian Li petrochemical industry on the basis of cheap imports and exports received exchange brought no small difficulty, the Belarusian economy is therefore very much affected, and the speed of economic growth is likely to slow, or even stagnation.
In 2007, the white government is scheduled to complete the major economic indicators: GDP growth of 8-9%, industrial output increased by 7.5-8.5%, agricultural output growth of 6-7.5%. In view of the economic development of the Russian side energy supply prices to bring to the White crisis, the white government had to make efforts to expand international cooperation, to seek the diversification of energy supply, external to explore new energy supply market; white has been reached with Venezuela, Azerbaijan, Iran intention to cooperate in the energy field, trying to reduce Russia's dependence; aging electrical equipment to be updated in order to increase the proportion of domestic electricity internally to speed up the pace of the construction of nuclear power plants, and the establishment of a special power grids Fund within 4-5 years.
Second, increase economic and diplomatic efforts to accelerate the diversification of economic development
(A) with Ukraine, Azerbaijan actively seeking new energy cooperation
The end of last white President Alexander Lukashenko on the occasion of the convening of the CIS summit in Minsk, ensure energy security of the three countries with the President of Ukraine and Azerbaijan to jointly seek new energy markets and ener gy cooperation held talks. The three parties agreed that the future strategic direction of development in the three countries to strengthen and develop the cooperation in the field of energy, the three countries in the transport of oil and gas pipelines to transport natural gas and electric power, energy and raw material processing and related infrastructure construction cooperation has great potential to accelerate the development of the three Baltic states actively exploring using the pace of the energy market and the Eastern European countries, Ukraine, Europe and Germany of Sa - Brody - the new Polo Teske (white) oil pipeline to Azerbaijan's Caspian oil exports to Belarus cooperation project feasibility.
(B) white president and prime minister to visit the United Arab Emirates, to open up new channels of economic development
White president and prime minister in early March this year, an official visit to the United Arab Emirates, to actively explore a wide range of cooperative relations with the UAE, especially in trade, economic and investment fields. White of the United Arab Emirates made a number of viable investment proposals, and ready to help in its capacity within the UAE depth Europe. The leaders of the two sides serious consultations on economic and trade cooperation and other areas of mutual interest, in particular, the two countries have a common ground and common interests, such as energy processing, petrochemical, machinery manufacturing, hotel construction and other fields. Held the highest official meeting between the two sides during the visit to the United Arab Emirates, to explore the possibility and necessity of potential cooperation between the two countries. During the visit, signed five bilateral agreements, in particular air traffic, military-technical cooperation, the Chairman of the Minsk City Executive Committee and the Abu Dhabi municipal Summit and agriculture officials signed a partnership agreement.
(C) actively engage in dialogue with Europe and strive to improve the external environment
White President Alexander Lukashenko in mid-February this year, with some countries, the diplomatic corps meeting reiterated that Belarus is actively preparing for a dialogue with the European Community on the basis of mutual trust and respect.
1.Focus on strengthening cooperation with France; important due to the political and economic position of France in the EU can play a positive role in the EU's comprehensive dialogue, in white, white with France's trade volume increasing last year, the total trade volume of over 473 million U.S. dollars.
2.Improve relations with its neighbors; white spirit of the principle of good neighborliness, mutual respect, non-interference in each other's internal affairs in relations with Lithuania, Lithuania adopted the same attitude and initiative. The White established between the two countries share common interests in the political and economic fields, energy and environmental protection, and more from the full range of the closest good-neighborly relations today. White and Lithuania's total trade in 2006 amounted to $ 603 million.
3.To expand economic cooperation with countries such as Spain, Greece; Shiranishi between the two countries are focused on strengthening the development of bilateral trade and diversification, and is actively organization between the two countries regularly trade delegation visits. Spain's position within the European Community and the world is increasing its level of economic development in the process of the development of relations between white and Spain form a good prerequisite. White thanks to Spain to Belarus to make the impact of the elimination of the Chernobyl nuclear disaster assistance. White and Spain's total trade in 2006 more than one million.
Greece economic and trade relations in the framework of the EU GSP dialogue is held in a positive and constructive attitude, and dialogue with the West December of bilateral relations in the future there will be further development.
4.Open up African markets; Egypt white major political and economic trading partner in the Middle East, the white to increase the provision of machinery and equipment to Egypt, to become the largest mechanical engineering equipment products customers outside the CIS, and will continue to develop the fieldcooperation to prepare the construction of new facilities and installations in Egypt, and the establishment of production line production Belarus mechanical equipment.
White has been fully prepared to establish a regular formal meeting with Benin, Equatorial Guinea, Sierra Leone and other countries in different areas of international framework and on a bilateral basis. Lukashenko proposed to meet the requirements of the contemporary world, White is ready to engage in intensive cooperation with the equatorial African countries. White also look forward to the mutual support of the United Nations organizations and non-aligned countries, and fully prepared to strengthen the economic development and improve the the white equatorial African countries, the level of trade.
To sum up, indicating that the government assess the situation in Belarus, based on the independent development of the national economy, and actively engage in multilateral dialogue and cooperation, and to adjust its foreign policy in a timely manner, expand a diversified diplomacy to overcome the unilateral dependence and timely response to the difficulties in the economic development and crisis, especially reflect the potential crisis on energy issues.
Observed Belarus economic development status and strain crisis taken diplomatic activities should believe the white government has the ability to continue to maintain economic and trade cooperation and development with existing partners, to preserve and strengthen the economic development of both Russia and Belarus, with the EUdiplomacy and other countries, and more autonomy for the development of the national economy, the gradual formation of the new situation of diversified development in Belarus.
Although the Belarusian economy continued its steady development, but also there is a certain amount of worry and crisis; the face of the evolving world environment and the ever-changing market situation in recent years, the Government of Belarus since 2004, has made a series of diplomatic efforts to expandcooperation with countries such as China, India, Vietnam, and extended to the multi-faceted co-operation with developing countries; 2006 white government emphasis on accelerating the pace of energy diplomacy, the beginning of the new year 2007 white President and the Prime Minister have embarked on a series of diplomatic visit andinitiatives to strengthen the dialogue with the EU.
The above activities indicate that efforts to consolidate the development of the countries of the original partnership, Belarus is constantly adjust its foreign policy, expand multi-faceted diplomacy to open up more channels to attempt greater national economic development initiative in the framework of an independentstrive to make the Belarusian economy in the steady development of the diversified.
2006 steady economic development and potential crisis
In 2006, Belarus's economy has maintained rapid growth rate since 2004.
The 2006 gross domestic product (GDP) amounted to 79.2 trillion Belarusian rubles (about 37 billion U.S. dollars), a year-on-year growth of 9.9%, with a per capita GDP of about 3,800 U.S. dollars; industrial output grew by 11.3%, agricultural output grew 6.1%.
The Belarusian government has always emphasized the people-based, progressive reform, while maintaining stability, the establishment of a socially oriented market economy regulation, insisted in line with the white national conditions "model of development in Belarus. Since the last presidential election, the domestic political situation is more stable, the opening up of the social and economic widened.
But from Belarus and Russia's trade figures trade market is still over-reliance on Russia, the volume of trade of Belarus with Russia in 2006 to $ 19.93 billion, accounting for 47% of the total white foreign trade, a year-on-year growth of 25.9%, of which 13.08 billion U.S. dollars of imports from Russia58.6% share of total imports of white, Russia exported 6.85 billion U.S. dollars, accounting for 34.7% of the total white export, the trade deficit of up to $ 6.23 billion, Belarus trade is heavily dependent on the situation in Russia will no doubt under the new situation and the market economy, the ever-changingserious challenges and potential crisis to the economic development of Belarus.
Analysis of figures from the energy supply, the Belarus energy supply is still mainly rely on imports from Russia. White imported 20.9 million tons of oil from Russia in 2006, the amount of $ 5.61 billion and imports of natural gas, 208 billion cubic meters, the amount of $ 990 million, the only two goods imports accounted for 50% of the import value of the trade with Russia. The Russian side to improve energy prices, the dialogue bring greater economic development impact. Russian for the beginning of 2007 the white gas prices from $ 47/1000 cubic meter rose to 100 U.S. dollars / thousand cubic meters; alone white extra expenditure of over 1 billion U.S. dollars, which will Baijian Li petrochemical industry on the basis of cheap imports and exports received exchange brought no small difficulty, the Belarusian economy is therefore very much affected, and the speed of economic growth is likely to slow, or even stagnation.
In 2007, the white government is scheduled to complete the major economic indicators: GDP growth of 8-9%, industrial output increased by 7.5-8.5%, agricultural output growth of 6-7.5%. In view of the economic development of the Russian side energy supply prices to bring to the White crisis, the white government had to make efforts to expand international cooperation, to seek the diversification of energy supply, external to explore new energy supply market; white has been reached with Venezuela, Azerbaijan, Iran intention to cooperate in the energy field, trying to reduce Russia's dependence; aging electrical equipment to be updated in order to increase the proportion of domestic electricity internally to speed up the pace of the construction of nuclear power plants, and the establishment of a special power grids Fund within 4-5 years.
Second, increase economic and diplomatic efforts to accelerate the diversification of economic development
(A) with Ukraine, Azerbaijan actively seeking new energy cooperation
The end of last white President Alexander Lukashenko on the occasion of the convening of the CIS summit in Minsk, ensure energy security of the three countries with the President of Ukraine and Azerbaijan to jointly seek new energy markets and ener gy cooperation held talks. The three parties agreed that the future strategic direction of development in the three countries to strengthen and develop the cooperation in the field of energy, the three countries in the transport of oil and gas pipelines to transport natural gas and electric power, energy and raw material processing and related infrastructure construction cooperation has great potential to accelerate the development of the three Baltic states actively exploring using the pace of the energy market and the Eastern European countries, Ukraine, Europe and Germany of Sa - Brody - the new Polo Teske (white) oil pipeline to Azerbaijan's Caspian oil exports to Belarus cooperation project feasibility.
(B) white president and prime minister to visit the United Arab Emirates, to open up new channels of economic development
White president and prime minister in early March this year, an official visit to the United Arab Emirates, to actively explore a wide range of cooperative relations with the UAE, especially in trade, economic and investment fields. White of the United Arab Emirates made a number of viable investment proposals, and ready to help in its capacity within the UAE depth Europe. The leaders of the two sides serious consultations on economic and trade cooperation and other areas of mutual interest, in particular, the two countries have a common ground and common interests, such as energy processing, petrochemical, machinery manufacturing, hotel construction and other fields. Held the highest official meeting between the two sides during the visit to the United Arab Emirates, to explore the possibility and necessity of potential cooperation between the two countries. During the visit, signed five bilateral agreements, in particular air traffic, military-technical cooperation, the Chairman of the Minsk City Executive Committee and the Abu Dhabi municipal Summit and agriculture officials signed a partnership agreement.
(C) actively engage in dialogue with Europe and strive to improve the external environment
White President Alexander Lukashenko in mid-February this year, with some countries, the diplomatic corps meeting reiterated that Belarus is actively preparing for a dialogue with the European Community on the basis of mutual trust and respect.
1.Focus on strengthening cooperation with France; important due to the political and economic position of France in the EU can play a positive role in the EU's comprehensive dialogue, in white, white with France's trade volume increasing last year, the total trade volume of over 473 million U.S. dollars.
2.Improve relations with its neighbors; white spirit of the principle of good neighborliness, mutual respect, non-interference in each other's internal affairs in relations with Lithuania, Lithuania adopted the same attitude and initiative. The White established between the two countries share common interests in the political and economic fields, energy and environmental protection, and more from the full range of the closest good-neighborly relations today. White and Lithuania's total trade in 2006 amounted to $ 603 million.
3.To expand economic cooperation with countries such as Spain, Greece; Shiranishi between the two countries are focused on strengthening the development of bilateral trade and diversification, and is actively organization between the two countries regularly trade delegation visits. Spain's position within the European Community and the world is increasing its level of economic development in the process of the development of relations between white and Spain form a good prerequisite. White thanks to Spain to Belarus to make the impact of the elimination of the Chernobyl nuclear disaster assistance. White and Spain's total trade in 2006 more than one million.
Greece economic and trade relations in the framework of the EU GSP dialogue is held in a positive and constructive attitude, and dialogue with the West December of bilateral relations in the future there will be further development.
4.Open up African markets; Egypt white major political and economic trading partner in the Middle East, the white to increase the provision of machinery and equipment to Egypt, to become the largest mechanical engineering equipment products customers outside the CIS, and will continue to develop the fieldcooperation to prepare the construction of new facilities and installations in Egypt, and the establishment of production line production Belarus mechanical equipment.
White has been fully prepared to establish a regular formal meeting with Benin, Equatorial Guinea, Sierra Leone and other countries in different areas of international framework and on a bilateral basis. Lukashenko proposed to meet the requirements of the contemporary world, White is ready to engage in intensive cooperation with the equatorial African countries. White also look forward to the mutual support of the United Nations organizations and non-aligned countries, and fully prepared to strengthen the economic development and improve the the white equatorial African countries, the level of trade.
To sum up, indicating that the government assess the situation in Belarus, based on the independent development of the national economy, and actively engage in multilateral dialogue and cooperation, and to adjust its foreign policy in a timely manner, expand a diversified diplomacy to overcome the unilateral dependence and timely response to the difficulties in the economic development and crisis, especially reflect the potential crisis on energy issues.
Observed Belarus economic development status and strain crisis taken diplomatic activities should believe the white government has the ability to continue to maintain economic and trade cooperation and development with existing partners, to preserve and strengthen the economic development of both Russia and Belarus, with the EUdiplomacy and other countries, and more autonomy for the development of the national economy, the gradual formation of the new situation of diversified development in Belarus.
