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Belarus eyes new strategy for cooperation with World Bank

07-12-2012 07:25 BJT

MINSK, July 11 (Xinhua) -- Belarus wants a new strategy for its cooperation with the World Bank, Belarusian Prime Minister Mikhail Myasnikovich said on Wednesday while meeting with Director of the World Bank Division for Belarus, Moldova and Ukraine Qimiao Fan in Minsk.

Myasnikovich said that Belarus is interested in the new Belarus- WB strategy as the previous one expired in 2011. "I think we could consider mechanisms, approaches and main points of our new strategy," he said.

According to the Prime Minister, all reforms recommended by the World Bank, including structural ones, have been carried out in Belarus.

Myasnikovich stressed that Belarusian economy is showing a good growth. He pointed out that in the first quarter of 2012 the growth of Belarusian industry stood at 8.5 percent. Growth in agriculture reached 5.1 percent, and export surged by 34.3 percent.

Qimiao Fan said that for the World Bank has maintained a constructive dialogue with Belarus over the past 20 years despite some ups and downs in their relations. He stressed that the goal of his visit is to learn more about Belarus and its economy, get familiar with plans for structural reforms and outline possible help and assistance that the World Bank can provide.

Belarus joined the World Bank 20 years ago. Since then the Bank has implemented 13 projects worth 900 million U.S. dollars in Belarus.

Editor:James |Source: Xinhua

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