Israel and Belarus signed a new agreement to simplify the procedure for obtaining Israeli credit lines to joint projects implemented on the territory of Belarus.
The agreement was signed during the visit to Israel of the first Deputy Finance Minister of Belarus Maxim Yermolovich
Ambassador of Belarus to Israel Vladimir Skvortsov has informed Agency BelTA, in the framework of the new agreement, loans will be available under the guarantees of Belarusian banks without having to obtain additional state guarantees.
«Investors have been fundamentally a new flexible mechanism to Finance projects. The signing of the agreement strengthens the trust relationship between Israel and Belarus. In addition, it is a call for Israeli investors to invest in the Belarusian economy,» — said Skvortsov.