25 septembrie 2019

Belarus finds new ‘big brother’ instead of Russia

uawire.org

By the end of 2019, Belarus plans to sign a credit agreement with the China Development Bank to replace the loan it did not receive from Russia, Gazeta.ru reports , citing Belarusian Finance Minister Maksim Yermolovich. According to the minister, the Chinese bank has only provisionally agreed to give Minsk up to $500 million. The interest rate is still being discussed, and the loan will be denominated in yuans. “For quite a long time we have been building such relations with the Russian [...]