The Ministry of Trade will manually regulate settlements in trade

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April 22, 2016 19:17

As of July 21, the chain of 177 stores of the retail outlet ‘Dobronom’ is suspended for 90 days for having delayed payments owed to suppliers. The volume of overdue payments of this commercial enterprise amounted to BYR 30 billion, which is less than 2% of the volume of overdue payments to suppliers in the entire retail trade. And the suspension of operation for 90 days will result in the bankruptcy of the retail chain. Actions of the Ministry of Trade will bring about the reduction of arrears to suppliers across all the retail chains but a number of smaller retail businesses will be forced to close or will be taken over by one of the chains. A reduction in the terms of payments between retail chains and suppliers of alcohol and tobacco is also possible. After the repayment of arrears and should there be no further violations, a retail chain will be allowed to continue to operate. 

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Minsk attempts to make up for image losses from military exercises by opening to Western values
October 02, 2017 11:49
Image: Catholic.by

The Belarusian authorities regard the Catholic conference as yet another international event to promote Minsk as a global negotiating platform. Minsk’s proposal to organise a meeting between the Roman-Catholic Church and the Russian Orthodox Church is rather an image-making undertaking than a serious intention. However, the authorities could somewhat extend the opportunities for the Roman-Catholic Church in Belarus due to developing contacts with the Catholic world.

Minsk is attempting to lay out a mosaic from various international religious, political and sportive events to shape a positive image of Belarus for promoting the Helsinki 2.0 idea.

Belarus’ invitation to the head of the Holy See for a meeting with the Patriarch of the Russian Orthodox Church should be regarded as a continuation of her foreign policy efforts in shaping Minsk’s peacekeeping image and enhancing Belarus’ international weight. The Belarusian authorities are aware that their initiative is unlikely to find supporters among the leadership of the Russian Orthodox Church in Moscow. In Russia, isolationist sentiments prevail.

In addition, for domestic audiences, the authorities make up for the lack of tangible economic growth with demonstrations of growth in Minsk’s authority at international level through providing a platform for religious, sportive and other dialogues.

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