October elections key for investment in Belarus
With elections coming up in October 2015, transparency will be key in attracting investors to Belarus, and helping the country lessen its dependence on neighboring Russia
On September 17th, European Union (EU) diplomatic sources stated that the EU may lift sanctions that impose travel bans on approximately 200 Belarusian officials, and restrict the access of 25 Belarusian companies to European capital markets and export credit insurance. This comes against the backdrop of the liberation of six political prisoners in August 2015.
EU officials have stated that the potentially positive signals sent by Minsk may lead to a rapprochement, if the planned presidential elections of October 2015 are held in a transparent fashion.
The Russian side is grateful to Belarus President Alexander Lukashenko for his decision to go to Russia as the visit after the presidential election, Ambassador Extraordinary and Plenipotentiary of Russia to Belarus Alexander Surikov said in an interview with the STV channel, BelTA has learned.
“We are grateful for this decision,” the Ambassador said.