Trade turnover between Belarus and Russia rises 5.6% in 2025

MINSK. Feb 2 (Interfax) - Trade turnover between Belarus and Russia rose 5.6% in 2025, and trade in services demonstrated even higher growth rates, Belarusian Prime Minister Alexander Turchin said on Monday in Moscow at a meeting of the Union State council of ministers.

A video excerpt of the Belarusian Prime Minister's speech was distributed by his press service.

"Russia bolstered its status as a key partner for Belarus in 2025. Around 60% of all attracted direct foreign investments come from Russian investors," Turchin said, adding that Belarus has also substantially increased investments in Russia's economy.

Turchin said that Belarus and Russia see the potential for economic growth in industrial cooperation and jointly implementing innovative projects. Bolstering cooperation "should increase added value, capacity utilization, the economic return on invested funds, the ability to invest in new projects, as well as import independence and technological sovereignty," he said.