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Minsk to host Union State Supreme State Council meeting

MINSK (BelTA) – A meeting of the Supreme State Council of the Belarus-Russia Union State will take place at the Palace of Independence in Minsk on 19 June, BelTA has learned.

The agenda will include about ten issues, including a program of coordinated actions in the foreign policy for 2018-2019 and further development of the union in 2018-2022.

The Union State supreme body will also consider the current activity of the union.

Besides, Belarus President Alexander Lukashenko and Russian President Vladimir Putin will hold a one-on-one meeting to discuss the state and prospects of bilateral relations, the implementation of joint projects, cooperation in integration formats and in the international arena.

Russia is the main trading partner of Belarus. In 2017, the bilateral trade amounted to $32.4 billion, up 23.5% compared to 2016. In January-April 2018, mutual trade stood at $11.4 billion, up 18.5% from January-April 2017. In 2017, the export of services to Russia exceeded $2.9 billion (up almost 23% from 2016), the import of services from Russia amounted to $1.46 billion (up 25.5%). In 2017, Russia accounted for $3.7 billion, or 38.1%, of the total foreign investment attracted to Belarus. The share of Russia's FDI in the total volume attracted to Belarus made up 36.8% ($2.84 billion).