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Beneficial geographical location has made Belarus a favourable country for foreign investment. For a company planning to establish a production or distribution unit in Eastern Europe, Belarus offers a skilled and cheap labor force, low price levels, and a relatively well developed infrastructure. The Belarusian government has established a special program for attracting foreign investment. Protection of foreign investment is guaranteed under the Investment Code. The Code states that foreign-owned companies have the same rights as local businesses. These companies also have the right to repatriate profits without any restrictions. Furthermore, Belarus has signed bilateral agreements on the protection and promotion of investments with many countries around the world. In the sections below we would like to present you more information on the following topics: |