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Lukashenko: Import substitution is a chance to meet challenges

Lukashenko: Import substitution is a chance to meet challenges

June 19, 2022

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Lukashenko: Import substitution is a chance to meet challenges

Web DeskbyWeb Desk
June 19, 2022
in Eurasia
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Industrial enterprises must be actively involved in the work on import substitution, Belarusian President Aleksandr Lukashenko said during his working trip to Bobruisk on 17 June, BelTA has learned.
“We are going to push you forward. Import substitution is a chance to meet challenges. On the one hand, it is a chance. On the other hand, it is hard work,” said the president. “We need to involve the industries that are not working to the full currently. We need to load such companies up,” he said. The head of state heard out the reports from the heads of industrial enterprises. The reports included the geography of deliveries, payments, and stocks.
Aleksandr Lukashenko underlined the importance of strengthening ties with friendly countries, not only Russia but also China among big states. The president also sees great potential in interaction with India, with whose ambassador he had a meeting the other day.
“The prime minister is responsible for cooperation with Russia, the first deputy prime minister – with China, the minister of foreign affairs – with India. We, however, will achieve nothing without you. Let’s get down to work!” the head of state addressed the directors of industrial enterprises. “If the Industry Ministry withstands, the country will live,” Aleksandr Lukashenko stressed. During the visit to Bobruiskagromash the president was shown a wide range of import-substituting products of the country’s industrial enterprises.
Briefing to the head of state were directors of Bobruiskagromash, Minsk Motor Plant, Minsk Automobile Plant, Minsk Tractor Plant, Avtokomponenty, Niva Holding, Amkodor, BelAZ, the United Institute of Machine Building of the National Academy of Sciences, and Belkommunmash. It was emphasized that each of the industrial facilities has been recently working hard on import substitution and maximum localization of production. In a number of cases important are not only short-term financial benefits but also long-term ones when a manufacturer can manage resources and be sure that it will get the necessary parts and components on time. – BelTA

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