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Belarus' PM calls for more active involvement of SMEs in import substitution programs

20.07.2016

Small and medium-sized businesses can meet the domestic demand for import-substituting goods that do not require complex manufacturing process, Belarusian Prime Minister Andrei Kobyakov said when speaking at a government session to discuss the import substitution efforts and protection of the domestic market, BelTA has learned.
“I would like to emphasize that when speaking about import substitution I mean not only major enterprises. Often it is easier for small companies to replace imports of unsophisticated goods. Small companies are mobile and better feel the market. By involving small and medium-sized businesses we can satisfy the domestic demand for unsophisticated goods that do not require complex manufacturing process or the highest technologies,” Andrei Kobyakov noted. According to him, they are able to create a network for the promotion of domestic products in the light industry and other industries.
The head of government stressed that the aim is one for all, namely to satisfy consumer demand for quality products and increase the share of domestic goods in the home market. He noted that for the time being there are big questions to a number of managers of industries and enterprises. In Q1 we had the lowest share of sales of Belarusian goods since 2008 - 65.7%, which was down 3.2% as compared to the same period of last year, Andrei Kobyakov noted.

Written by belta.by