REC has supported trade between Russia and Belarus for more than $12 billion over 10 years

MOSCOW, October 1 - RIA Novosti. The Russian Export Center (REC, VEB.RF group) has supported trade between Russia and Belarus by more than $12 billion over 10 years, and in eight months of this year already by $907 million, REC General Director Veronika Nikishina said during a working visit to Minsk.

“Over ten years, the Russian Export Center has supported trade between Russia and Belarus by more than $12 billion, and in eight months of this year already by $907 million. This was stated by the General Director of the REC (VEB.RF Group) Veronika Nikishina during a working visit to Minsk. As part of the trip, the head of the REC took part in a meeting between Deputy Prime Minister of the Russian Federation Alexei Overchuk and the Deputy Prime Minister of the Republic of Belarus Natalya Petkevich,” says the press release.

At the meeting, the parties discussed the current state and prospects of bilateral trade and economic cooperation, as well as the implementation of joint projects within the Union State with the participation of Russian exporters.

Nikishina’s current visit to Minsk continues the work of the REC on the development of the Belarusian direction. Earlier, the head of the REC already held a meeting with the Ambassador of Belarus to Russia Yuri Seliverstov. Then the parties confirmed their mutual interest in active interaction to increase the volume of bilateral trade using the instruments of the REC group. The implementation of the road map for the implementation of projects of mutual interest between the government of Belarus and the REC, prepared following the results of Nikishina’s previous visit in 2023, was also discussed.

Currently, a number of infrastructure and cooperation projects are being developed, in particular, a project supported by the REC between Belaz and one of the largest Russian manufacturers. This confirms the course towards strengthening technological partnerships and developing joint production.

On her working trip, Nikishina is accompanied by REC Vice-President Tatyana An and Head of the REC Representative Office in Belarus Viktor Doronkevich.

REC is a state institution that supports non-resource, non-energy exports. It provides companies from various industries with both financial and non-financial assistance at all stages of entering international markets, including within the framework of the national project “International Cooperation and Export”. Most of the services offered by the REC Group are available online on the digital platform “My Export” (“Government Services for Foreign Economic Activity”).