Lukashenko takes stock of 30 years of Union State development

16:43, 26 February

Photo: BELTA

Belarusian President Aleksandr Lukashenko took stock of 30 years of Union State development with Russia at a meeting of the Union State Supreme State Council in Moscow on 26 February, BelTA has learned.

The head of state noted that 2 April will mark the 30th anniversary of the Treaty on the Community of Belarus and Russia, which laid the foundation for the development of Union State. “We have come a long way over these years,” the Belarusian leader emphasized.

According to the president, mutual market access has made it possible to increase trade eightfold over the past years: from $6.5 billion in 1996 to nearly $55 billion in 2025.

“The share of energy in bilateral trade has declined, while mutual supplies of food and consumer goods have increased. Trade in services, including transport, construction, and information, is growing at a particularly rapid pace,” the head of state said. “Mutual investments provide momentum for our economies to grow in tandem and, most importantly, create new jobs. More than 60% of funds attracted by Belarus come from Russian investors. Our country has also significantly increased its investments in the Russian economy.”

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