Our newsletter, which up to now were strictly country-specific, have been extended to an additional format, which covers the region as a whole.
Important economic sectors in Belarus are characterised by strong planned economy elements and remain state-dominated. These include, above all, agriculture and industry. However, the country also has a successful IT sector, which represents a kind of liberal enclave. In the context of Russia’s ongoing war of aggression against Ukraine and the associated relocation of Belarusian IT companies abroad, the once successful IT sector is currently shrinking massively.
Due to the current political context, GET has suspended its economic policy advice for Belarus. We continue to closely monitor the economic situation and the impact of sanctions. In addition to that, current advisory activities are focused on increased engagement with Belarusian civil society and its bodies, the Belarusian business diaspora in the EU (e.g. the Association of Belarusian Business Abroad (“ABBA”)), economic policy think tanks, as well as with German companies and their associations.