18.06.2018

The administration of the free economic zone Vitebsk initiated the creation of the Council of FEZ administrations leaders , the founding event of which will be held on June 21 in Vitebsk.

The main goal of the Council is to create a platform for developing a unified position on improving legislation on free economic zones in the area of ​​tax regulation of residents, architectural and construction activities, as well as customs regulation of certain transactions.

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The event will be attended by the heads of administrations of the Belarusian FEZs, representatives of ministries and departments, as well as state bodies of Belarus. As a result of the meeting, the constituent documents and the final protocol are to be signed, which will outline the proposals on improving the regulatory legal acts aimed at improving the investment climate in Belarus, creating favorable conditions for the work of enterprises on the territory of the FEZ. In addition, the council members will get acquainted with the Vitebsk FEZ infrastructure and visit its resident enterprises.

There are six free economic zones in Belarus (one in each regional center, including Minsk). Vitebsk FEZ was established in 1999, occupies an area of ​​more than 2.4 thousand hectares and consists of 13 sectors, including 7 in Vitebsk, 4 in Orsha, and one in Vitebsk and Postavy districts. 37 enterprises operate as the FEZ residents with the participation of investors from 12 countries in such areas as engineering, electronics, veterinary, chemical, fuel, food, light industries and others. The total number of employees at resident enterprises is almost 11 thousand people.


Source: BelTA