The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

To the west via Russia

Living with an image problem

Belarusian foreign minister Ural Latypov talks to Theodore Kim about how proposed closer ties to Russia are affecting western attitudes to Belarus.

Belarusia's relations with the west are clearly strained and adversely affecting the investment climate. What steps is the government taking to address this?

Much of the antagonism that may exist is due to misconceptions. We have absolutely no border disputes with any of our neighbouring countries. Lithuania, for instance, is a Nato candidate and, at the same time, one of our major trading partners. With Latvia, despite concerns about treatment of the Russian minority there, our trade is growing. Poland is a major trading partner with whom we share a common cultural and historical heritage. Ukraine is a major economic partner as well, although the economic crisis has reduced trade recently. Russia is our main economic partner with whom we have signed an agreement on union that envisions much closer cooperation while maintaining our political sovereignty.

There are some misunderstandings with the EU and the USA. We think this is because of two reasons. Firstly, we are the only ex-Soviet republic moving towards closer union with Russia.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree