Intergovernmental Slovenian-Belarusian Commission on Trade, Economic, Scientific and Technical Cooperation holds eighth session
- Ministry of Foreign Affairs
At a meeting before the plenary session, the two high officials reviewed the current state of bilateral political and economic cooperation and agreed that the Economic Commission session provided an excellent opportunity to enhance bilateral cooperation and seek new opportunities. Belarus expressed an interest in cooperation with Slovenia on artificial intelligence in the framework of the UNESCO-sponsored International Research Centre for Artificial Intelligence in Ljubljana.
Economic cooperation between the two countries has seen upward trends in trade, which has increased steadily over recent years.
The Intergovernmental Economic Commission session aimed to identify areas and activities with unexplored potential to strengthen economic cooperation between the two countries. Both sides agreed that there are opportunities in numerous fields, i.e. investment, tourism, information and communication technologies, energy, civil engineering, and consumer protection. Representatives of the Slovenian and Belarusian ministries and institutions from different fields reviewed past cooperation, coordinated plans for future work, and prepared and approved the session protocol, which forms the basis for their future work.
During the session, the Slovene Export and Development Bank (SID Bank) and the Development Bank of the Republic of Belarus signed a Memorandum of Cooperation, which promotes bilateral economic cooperation and supports trade and development as well as the supply of goods and services.