Namibia forges economic ties with Belarus

03 Nov 2016 12:20pm
WINDHOEK, 03 NOV (NAMPA) - Namibia and Belarus have agreed to exchange information on technological, financial, educational, training and scientific capabilities of the two countries.
Minister of International Relations and Cooperation, Netumbo Nandi-Ndaitwah and Belarus Minister of Foreign Affairs Vladimir Makei signed the agreement during their meeting in Belarus from 22 to 25 October 2016.
A joint communique issued here on Wednesday said the two ministers agreed to explore the possibilities of Belarus supplying fertilisers, agricultural equipment and setting up a manufacturing or assembly plant for such equipment through a joint venture with Namibian partners.
They further agreed to exchange expertise in different areas.
In the field of education, the two countries agreed to facilitate direct cooperation between the Namibian Ministry of Higher Education, Training and Innovation and the Belarus Ministry of Education as well as institutions of higher education.
In the area of mining, the two ministers agreed to encourage JSC ‘BelAZ’ to establish direct contact with the Namibia Chamber of Mines. BelAZ is a Belarusian manufacturer of haulage and earthmoving equipment based in Zhodzina, Belarus.
“The Belarusian side informed on the financial mechanisms in supporting international trade and investment and undertook to provide detailed information on this issue through diplomatic channels,” said the statement.
It further highlighted that the Namibian side extended an invitation to the Belarusian business community to attend the upcoming ‘Invest in Namibia Conference 2016’ scheduled for 08 to 09 November.
The two ministers also signed a Memorandum of Understanding (MoU) on political consultations between the ministries. The first session will be held in Windhoek on a date to be agreed upon in 2017.
Nandi-Ndaitwah was in Belarus on the invitation of Makei.
(NAMPA)
ME/CT/ND