Putin set a new record in trade with Belarus in 2022

In 2022, trade between Russia and Belarus could reach a new record of $40 billion, Russian President Vladimir Putin said during talks with Belarusian President Alexander Lukashenko

“Our [России и Белоруссии] trade, I want to emphasize this, even before any events in the framework of a special military operation, before that, in 2021, it grew by a third and reached $ 38.5 billion <...>. Over the ten months of this year, it grew by another 10% compared to the base of last year <...>. If last year we had a record, there is reason to believe that this year we will have a new record. Most likely, we will reach the bar of $40 billion in trade turnover,” declared Putin.

Today, December 19, for the first time since 2019, Putin I arrived to Minsk on a working visit. Lukashenka personally met him at the airport.

In October, Aleksey Polishchuk, Director of the Second Department of the CIS countries of the Ministry of Foreign Affairs of the Russian Federation informedthat by the end of 2022, trade between Russia and Belarus could grow to $45-50 billion. “In January-July, bilateral trade reached a record high of $22 billion. By the end of the year, we can reach $45-50 billion. We had so many with Ukraine until 2014,” he said.

Countries have already completed more than half of almost a thousand events within the framework of the implementation of 28 union programs, Polishchuk noted. In particular, the parties made “key decisions on the harmonization of customs legislation, the introduction of a unified system for the administration of indirect taxes.”