Agency for Investments and Privatization de facto operational in Belarus

The Investments and Privatization Agency is de facto operational in Belarus, Belarusian Economy Minister Nikolai Snopkov told media on 31 March.

“As the link, as the single center to form investment proposals, the Investments and Privatization Agency is de facto operational. De jure the relevant decree is in the Belarus President Administration and we hope that the head of state will sign it in the near future,” said Nikolai Snopkov.

The Economy Minister reminded that a regular mission of World Bank experts had visited Belarus a while before. “We are supposed to choose 5-7 Belarusian enterprises in order to carry out pilot projects together with World Bank experts, in order to learn how to privatize correctly, how to prepare an enterprise for sale,” said Nikolai Snopkov. He added that there were no hindrances for privatizing enterprises in Belarus.

According to