The World Bank notes Belarus's successes in developing favorable investment conditions

July 8, Minsk / Vladimir Vasilkov - BELTA /. The World Bank notes Belarus's success in developing favorable investment conditions, Belarus's MFA Spokesperson Andrei Savinykh told reporters today, BELTA correspondent reports. This week, the World Bank's annual report on regulating foreign direct investment in countries around the world was published. The report assesses the efforts of 87 states to create favorable conditions for attracting FDI. "Belarus occupies a prominent place in this report as a country that has achieved impressive success in this area," the diplomat noted. Thus, our country leads in its region in terms of the ease of establishing a foreign enterprise. Here it surpasses Austria, the United Kingdom, Ireland, Poland, the Czech Republic, France, the USA, Japan, and other countries. Belarus holds high positions in ensuring enterprises' access to land and, based on a combination of various indicators in this area, is at the level of EU countries, the USA, and Canada. Our country has also achieved high results in effectively resolving commercial disputes, which corresponds to the EU average. "In some indicators, we are only slightly behind the United Kingdom, France, Austria, and the USA," the spokesperson stated. In addition, according to the WB report, economic conditions in Belarus are comparable to those in EU countries in terms of investment opportunities in various sectors of the economy. "We consider this report as a certain recognition of the Belarusian government's efforts and confirmation of the correctness of the course towards liberalizing economic relations," Andrei Savinykh noted. -0-