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Tuesday, 27 July 2010

Belarus plans to switch into trade surplus by 2013

MINSK, 27 July (BelTA) – Belarus plans to switch into trade surplus by 2013, Prime Minister of Belarus Sergei Sidorsky said at a session of the Council of Ministers. In H1 2010 the quality parameters of the economic performance have improved, Sergei Sidorsky said. The export outpaced import by 12.9%. In January-May 2010 the foreign trade deficit was $500 million less than in the same period of 2009. “This index is very important for us. For the past eight months we have worked hard on sectoral and regional programs to move into trade surplus by the end of 2012,” Sergei Sidorsky said. “If we keep reducing the deficit at the same pace ($500 million every six months) and if we implement all the programs in 2010 and 2011, there are all ground to believe that we can move into trade surplus on 1 January 2013, in accordance with the parameters we have set out for the next five-year term until 2015,” the Prime Minister added.

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