Cooperation Vector - Asia

Asia is now the most important area for the Republic of Belarus to develop its trade and economic cooperation. Thus in 2020 alone Belarusian exports to the countries of this continent amounted to about two billion dollars. Nevertheless there are still many opportunities to promote Belarusian economic interests in this area. In order to successfully promote them it was necessary to continue systematic and consistent work developing mutual interest and initiating new formats of contacts. As a result Asian countries retained their role as growth points for Belarus's foreign policy and foreign trade activities in 2021. Implementation of the policy of reorientation of our country's trade and economic cooperation toward the countries of the far arc allowed to increase Belarusian exports to that region by nearly 15 percent in 2021 to 2.4 billion dollars compared to 2.1 billion dollars in 2020. At the same time active interaction with many countries of the Asian continent is also observed in 2022. How is this happening in practice right now? What problems do Belarusian exporters have to face when developing Asian markets? This study is about that.