Contents tagged with Minsk

  • Belarusian government faces problems with $600 million loan from Russia

    Belarus has had problems arranging a $600 million government loan from Russia, said Belarusian Finance Minister Maxim Yermolovich, as cited by BelTA.

    The finance minister explained that Minsk had planned to repay its foreign debts this year using a $600 million loan from the Russian government, a $200 million tranche from the Eurasian Stabilization and Development Fund, a $700 million budget surplus, and funds borrowed on the internal market.

    “In principle, it was enough to completely close …

  • At the next meeting in Minsk Ukraine to discuss lifting of economic blockade on LPR and DPR

    At its next meeting, the Trilateral Contact Group (TCG), Ukrainian representatives will discuss lifting the economic blockade on territories of the Donetsk and Luhansk regions, as  stated by the OSCE Special Representative in the TCG Martin Sajdik in Minsk, as reported by  .

    “Kuchma proposed (lifting the economic blockade) and LNR and DNR representatives voiced their support as well. This proposal will be considered during the next economic session,” Interfax-Ukraine quotes Sajdik as saying. …

  • Belarus hopes that it will maintain good relations with Ukraine after Poroshenko's departure

    Minsk hopes that Ukraine has a clear understanding of the importance of relationships with Belarus, stated by the Minister of Foreign Affairs of Belarus Vladimir Makei during the conference that was dedicated to the decade of the Eastern Partnership, BelTA reports.

     "I talked a lot on this topic with my colleague Klimkin. I think there is a clear understanding in Ukraine that Belarus is an important partner and they should never expect any negative actions from Belarus towards Ukraine," the …

  • Zelensky to Putin: You should not speak to Ukrainians in language of threats

    Newly elected Ukrainian President Volodymyr Zelensky has published a response to Russia’s decision to grant Russian citizenship to residents of the occupied territories in eastern Ukraine.

    “Firstly, I would not advise the Russian authorities to waste time trying to tempt Ukrainian citizens with Russian passports. Perhaps there are those who are still under the influence of propaganda. Perhaps some will do it for profit or in an attempt to hide from criminal investigations. We could even …

  • Ukraine stops Russian oil transit

    The national operator of Ukraine's oil transport system Ukrtransnafta in its message on Facebook announced that on the evening of April 25 Ukrainian side was forced to suspend Russian oil transit via the Druzhba pipeline.

    "In accordance with the terms of the current agreement, Ukrtransnafta has the right to stop accepting Russian oil, if the raw materials do not meet the quality indicators. All material losses are borne by the party who did not comply with their duties," said the operator. …

  • Belarus limits export of petroleum products from Russia

    Belarus will temporarily limit deliveries of petroleum products for export due to the quality of Russian oil, said Deputy Chairman of the Belneftekhim concern Vladimir Sizov after an operational meeting of personnel monitoring the supply of oil, BelTA reported.

    It was explained that the need to limit exports comes from “the active risk of processing raw materials with degraded quality” and carrying out the planting season in Belarus. Sizov noted that deliveries will resume after the “the …

  • Lukashenko threatens to limit Russian oil transit to Europe

    Russia-Belarus relations are being stretched to their limits. In response to the Russian phytosanitary regulatory authority’s recent decision to ban the import of Belarusian apples and pears, Minsk has now threatened to target Russia’s oil transit to Europe.

    Russia “has already grown so brazen that it has started to force our hand,” said Belarusian President Alexander Lukashenko on Thursday.

    He added that, if needed, Belarus is prepared to close the oil pipelines for repair, even if this …

  • Putin decides to lend Belarus $600 million

    Russian President Vladimir Putin has decided to grant Minsk a $600 million government loan, Russian Finance Minister Anton Siluanov told reporters on Monday. The funds will be used to refinance the repayment of prior loans issued by Moscow.

    Siluanov also noted that, by the end of April, Belarus may also receive a $200 million tranche from the Eurasian Fund for Stabilization and Development (EFSD).

    According to the finance minister, the countries are currently discussing the procedures …

  • Russian media representatives were not allowed to enter Ukrainian polling station in Minsk

    Russian media representatives were not allowed to enter the polling station in Minsk for the election of the president of Ukraine. They could only take pictures behind the fence of the embassy. According to the Radio Svoboda correspondent, this was the election commission’s decision. Russian agencies TASS, RIA-Novosti, the TV channels Ren-TV and NTV correspondents were filming and interviewing Ukrainian citizens only outside on the street.

    On the other hand, representatives of Belarusian, …

  • Belarus asks Russia for loan to repay $600 million debt

    Minsk has asked Moscow for a loan to refinance the debt of $600 million, said Maxim Yermolovich, Minister of Finance of Belarus, BelTA reported.

    “We have been discussing the possibility of refinancing the entire amount of the payments on Russian government loans in 2019. The amount of these payments is $600 million,” he said.

    According to the minister, the implementation of these plans depends on the decision of the Russian government to approve the loan. Yermolovich added that the funds for …