Namibia signs agreement with Belarus
04 November 2016 | Business
The minister of international relations and cooperation, Netumbo Nandi-Ndaitwah, and Belarus foreign minister Vladimir Makei signed the agreement at a meeting in Belarus from 22 to 25 October.
A joint statement issued on Wednesday said the two ministers agreed to explore the possibilities of Belarus supplying fertilisers and agricultural equipment, and setting up a manufacturing or assembly plant for such equipment, through joint ventures 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.
“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.
The Namibian side invited the Belarusian business community to attend the Invest in Namibia Conference scheduled for 8 to 9 November.
The two ministers also signed an agreement on political consultations between the ministries. The first session will be held in Windhoek next year.