Belarus develops import substitution in partnership with Russia, other EAEU states
udf.byAmid sanctions Belarus is developing import substitution in partnership with Russia and other EAEU countries, Belarusian First Deputy Economy Minister Yuri Chebotar said in an interview to Belarus 1 TV channel, BelTA has learned. “In Q1 2022 Belarus produced $2.7 billion of import substitution products.
The figure is likely to make up $6.5 billion in H1 2022,” said Yuri Chebotar. Because of the Western sanctions the import substitution issue has become particularly relevant.