Belarus

India and Belarus enjoy a comprehensive partnership and have established mechanisms to exchange views on bilateral, regional and multi-lateral issues

Belarus recognizes India as an emerging global power and seeks to develop a “strategic relationship” with India

906 Indian students are pursuing studies in medicine in State medical universities in Belarus

Science and technology are important components of bilateral relations

Trade balance is in favour of Belarus due to potash imports

US$ 13.57mn
FDI inflows to India from April 2000-March 2021

US$ 446.41 mn

Bilateral trade value in 2021-2022

151
Overseas Indians living in Belarus

Skilled Human Resource

Belarus has high-quality human resources and strong scientific and technological establishment

Direct

access to the market of EEU countries

Information Technology

61 of world's 200 largest Fortune companies such as Apple, Intel, IBM, Exxon Mobile, Facebook and others use services of Belarusian IT companies

Competitive Investment and Taxation System

Income tax till 5 years is 0 per cent. Post 5 years, tax is reduced by 50 per cent

Pharma

The market of medical services equipment and medicines in Belarus and EAEU countries is growing steadily

11th Session of the India-Belarus Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation held

The ministers from both States directed their respective business communities to engage with each other in these sectors to further mutually beneficial cooperation.

India-Belarus Bilateral Investment Treaties/Agreements

India and Belarus are keen to strengthen and diversify economic and commercial interaction based on the potential that exists in the two countries

India's Exports and Imports to Belarus

Source: Department of Commerce

National Investment Agency, Belarus

+375-17 200 8175

Visit Website

14 Bersona Street, Minsk, 220030

Belarusian Chamber of Commerce& Industry

+375-17 290 7249

Visit Website

11, Kommunisticheskaya St., Minsk, 220029

Embassy of India, Minsk, Belarus

+375-17 2629399

Visit Website

63 Sobinova Str.
220040 Minsk

Commercial Representative

+375-17 3775027

Vishav Pal
Second Secretary (HOC) & Commercial Officer

Commercial Representative

+375-17 3775027

Andrei Tsibulski
Commercial Assistant

Opportunities

Agricultural exports

Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)

agriexchange.apeda.gov.in

Malt extract; oth. food preps. of flour/groats/meal/starch/malt extact [see … (190190)

agriexchange.apeda.gov.in

Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)

agriexchange.apeda.gov.in

Food preps., n.e.s. (210690)
Preparations for infant use, put up for rs (190110)
Prepared foods obt. by the swelling/roasting of cereals/cereal prods. (190410)
Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)
Soups & broths & preps. therefor (210410)

agriexchange.apeda.gov.in

ROSES (060311)

agriexchange.apeda.gov.in

Food preps., n.e.s. (210690)

agriexchange.apeda.gov.in

Apples, fresh (080810)
BANANAS FRSH OR DRIED (080390)
Live plants, n.e.s., incl. their roots; mushroom spawn (060290)
OTHER CANE SUGAR: (170114)
Peaches, incl. nectarines, fresh (080930)
Pears- fresh (080830)
Strawberries, fresh (081010)
Tomatoes, fresh/chilled (070200)

agriexchange.apeda.gov.in

Fish fillets; frozen, herrings (Clupea harengus,
Clupea pallasil) (030486)
Fish; fresh or chilled, trout (Salmo
trutta,Oncorhynchus mykiss,Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and
chrysogaster), excluding fillets, livers , roes and other fish meat of heading 0304 (030211)
Fish; frozen, Iivers and roes (030390)
Fish; frozen, mackerel (Scomber scombrus, Scomber australasicus Scomber japonicus), excluding fillets, Iivers,roes, and other fish meat of heading 0304 (030354)
Fish: fresh or chilled, Atlantic salmon
(Salmo salar) and Danube salmon (Hu
hucho), excluding fillets, Iivers, roes, and
other fish meat of heading 0304
(030214)

fishexchange.mpeda.gov.in

Minerals

Production : 870,000 tonnes

USGS Report usgs.gov

Production: 2,893,500 tons

Export: US$ 1.94 billion (approximately)

Production: 7,346,100 tons

Production: 2,904,097 tons

Production: 25,72,862 tons

Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Agriculture

Automobile

Automobile Components

Electrical Machinery

Food Processing

IT and BPM

Mining

Pharmaceuticals

Thermal Power

Top Import/ Export Items

India's top import from Belarus

Potash fertilizers and nitrogen fertilizers
Nylon cord materials for tyres
Artificial threads
Hot rolled rods
Rubber wastes/off-cuts and scrap
Raw iron or alloy-free steel
Pneumatic rubber tyres and tubes
Polycarboxilic acids and their anhydrides

India's top export to Belarus

Medicines
Antibiotics
Raw tobacco and tobacco wastes
Cotton yarn
Electric transformers
Extracts of coffee/tea
Rice
Ferrous metal goods

Bilateral Investors

BHEL

Mahindra & Mahindra

Sun Pharma

Dr. Reddy's Laboratories