/ / News
18.06.2013

Lukashenko, Yanukovych to hold talks in Kyiv

KYIV, 18 June (BelTA) – Belarus President Alexander Lukashenko is due to meet his Ukrainian counterpart Viktor Yanukovych during his official visit to Ukraine, BelTA learnt from the presidential press service.

The talks will highlight a wide range of issues of bilateral cooperation. The two heads of state are expected to sign a number of documents.

Belarus views Ukraine as a priority partner, first of all, in the trade and economic sector. Ukraine ranks Belarus’ third largest partner in trade and exports. Belarus goes fourth in Ukraine’s foreign trade behind Russia, China, and Germany. Belarus boasts steady surplus in bilateral trade.

In 2012 the Belarus-Ukraine bilateral trade reached a record high level of $7.9 billion. Belarus’ export totaled $5.6 billion. Belarus’ main exports to Ukraine include oil products, potash and compound fertilizers, tractors and tractive units, tires, steel goods, refrigerators and freezers, trucks and buses, plastic containers, hosiery, component parts for trucks and tractors, ethane polymers, agricultural equipment, cord materials, synthetic fiber.

In Q1 2013 Belarus’ exports to Ukraine reached almost $1.4 billion. Belarus posted trade surplus of $654 million. Priority areas in stepping up exports are the supplies of livestock, first of all, whole milk products and butter, agricultural equipment and trucks, tires, insecticides and herbicides, and other chemical products.

Belarus has been steadily increasing its supplies under international financial leasing. The two countries assemble MTZ tractors in Kyiv and Mykolaiv, elevators in Vyshhorod (Kyiv Oblast), Gomselmash vehicles in Kherson. Belarus has opened plants to assemble passenger railroad cars in Gomel, milking equipment in Pinsk and organized the joint production of welding rods in Svetlogorsk. In 2011 Ukraine’s Motor Sich acquired the controlling interest in the Orsha aircraft manufacturing plant, which is used among other things to repair helicopters.

There are more than 100 Belarusian trade facilities in Ukraine. This number is on the rise. There are trading houses of MAZ, MTZ, Belshina, joint ventures of BelAZ, Gomelsteklo, Mogotex, Milavitsa, Conte Spa, Santa Bremor, Bellakt.