BELARUS NEWS AND ANALYSIS

DATE:

24/09/2008

Belarus has one of best investment legislations in Europe, president says

Belarus has developed one of the best investment legislations in Europe, President of Belarus Alexander Lukashenko said in an interview for the West-European mass media, reported BELTA.

"We have more effective legislation for investors than England, America and Germany have," the Belarusian leader said.

"We say: "We welcome investors from England, Germany, France, Russia, America. For the last five or seven years we have been improving and simplifying our legislation to make our country the best investment destination," Alexander Lukashenko said.

At the same time the President briefed that in order to attract investors the Belarusian state is not going to hand out its economic objects for free.

"No one can deny that English and German people live much better than Belarusians. Then why should we give you our companies for free? You are rich. Pay for it to allow our people live better. You will not have any problems with the Belarusian people in the future. Our people will respect you," remarked Alexander Lukashenko.

Source:

http://capital.trendaz.com/?show=news&newsid=1303025&catid=583&subcatid=540&lang=EN

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