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Around 60% of Belarus Foreign Trade Falls on Russia 11:04, 14/08/2002
Around 60% of the Belarusian exterior trade is Russia-oriented. RIA “Novosti” was told on Tuesday in the press-service of the Belarusian embassy in Russia that Belarus occupies the third spot in Russia’s trade turnover next only to Germany and Italy. In 2001 the trade turnover balance between Russia and Belarus exceeded $11bln, whereas in 2000 it averaged $9bln. According to the Belarusian Foreign Ministry, by June this year the trade turnover between the two countries fell for the first time over an extended period: export of the Belarusian commodity to Russia contracted by 6,2%, while the import of Russian goods – by 3,3%.
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