A trade deficit in 2008 is expected to amount to $1.4 billion, Prime Minister of Belarus Sergei Sidorsky said during a session of the Council of Ministers.

The country has failed to reach a trade surplus. At the same time the gap between the growth of import and export has narrowed. This year Belarus has increased exported by $1.7 billion and this is a good result, but it is not enough.

This year the growth of trade deficit can be justified, the Prime Minister said. A clear plan of action has been drawn up to increase exports in 2008, first of all, export of services. “In 2008, we need to earn $1.5 billion in exports of services,” Sergei Sidorsky said. In his opinion, an increase in export of services can be achieved through construction, transport and tourist services.

government


Back to "All news" |   Print version