Brest Oblast plans to sign almost $16m worth of contracts at Belarus-Russia forum

15:11, 29 June

Brest Oblast manufacturers plan to sign contracts worth $15.8 million with counterparts of the Russian Federation at the 9th Forum of Regions of Belarus and Russia in Grodno, BelTA learned from the Foreign Economic Relations and Investment Activities Department of the Economy Committee of the Brest Oblast Executive Committee.

At the 8th Forum of Regions a year ago, Brest Oblast signed contracts worth $6 million, the department said.

The Brest Oblast delegation, which will include representatives of the business community and authorities, will be headed by Brest Oblast Governor Yuri Shuleiko and Chairman of the Brest Oblast Council of Deputies Yuri Narkevich. Plans are in place to discuss a wide range of interregional cooperation issues, including economic sector and contacts in other areas.

For example, Malorita District and Ivatsevichi District are set to sign agreements on twinning relations with Dankov District and Stanovoye District of Lipetsk Oblast respectively. Another agreement will be signed between the Brest Oblast Council of Deputies and the Legislative Assembly of Kaluga Oblast.

Brest Oblast has about 26 agreements on cooperation with the subjects of the Russian Federation. In January-April 2022 the Brest Oblast foreign trade with Russian regions amounted to $900.8 million, posting a surplus and the growth of 115.2% against the same period last year. Last year Brest Oblast traded with 77 regions of Russia. The largest commodity trade was recorded with St. Petersburg, Moscow and Moscow Oblast, as well as Smolensk, Bryansk and Rostov regions and Krasnodar Territory. The exports included dairy products, cooked or canned fish, sausages and similar meat products, oilcake, vegetables, and gas stoves. Fresh pork, barley, sunflower oil, and frozen fish were the main imports from Russia.

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