United Arab Emirates Seals Rank as Leading Investor in Belarus, Amid Strengthening Economic Bonding at AIM Congress 2025
UAE Investments Boost Belarus' Economic Growth
The Republic of Belarus has seen a significant increase in foreign direct investment, with the United Arab Emirates (UAE) making up about 17.6% of the total foreign direct investment in 2024. This investment has been focused on key sectors such as banking, trade in services, economic partnership, and potentially logistics and professional services.
During the AIM Congress 2025 in Abu Dhabi, Denis Meleshkin, Deputy Chairman of the Belarusian Chamber of Commerce and Industry, made an announcement. Belarus participated in the event for the first time, showcasing its economic strengths through a national pavilion featuring seven companies and a delegation of 10 firms. The national pavilion also included representatives from Belarus' free economic zones, offering tax incentives and favorable business conditions.
Meleshkin expressed optimism about Belarus' regular participation in AIM, using the forum to attract new investment. He emphasized the strategic importance of Belarus' geographic location, positioned at the intersection of major transport corridors between the EU and Russia, and along the expanding North-South international trade route.
Belarus' geographic location is beneficial for these investments as it serves as a strategic gateway linking Eurasian Economic Union (EAEU) countries with the Middle East and Asia. Belarus is establishing free trade zones with the UAE—making it the first non-regional country to do so—thereby creating a favorable trade and investment environment for goods and services flowing between these regions.
The UAE's roles in international transportation corridors and logistics, such as the International North-South Transportation Corridor which connects Russia, the Middle East, East Africa, and South Asia, add to the strategic advantage for investments aiming to develop transport, shipping, and trade links.
In addition to these sectors, Belarus is also attracting international investors in areas such as information technology, logistics, retail, and consumer goods. Meleshkin noted an increase in interest from UAE and other investors, suggesting Belarus' rising economic potential.
The UAE's investments in Belarus not only benefit the Belarusian economy but also strengthen the ties between the two nations. As Belarus continues to attract foreign investment and participate in international forums, it is poised to become a key player in the global economy.
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- The UAE's investment in Belarus, particularly in sectors like banking, trade in services, economic partnership, logistics, and professional services, has contributed to a boost in Belarus' economic growth.
- The strategic location of Belarus, at the intersection of major transport corridors between the EU and Russia, and along the expanding North-South international trade route, provides a significant advantage for investments.
- By establishing free trade zones with the UAE, Belarus is creating a favorable trade and investment environment for goods and services flowing between the Eurasian Economic Union (EAEU) countries, the Middle East, and Asia.
- The UAE's investments in Belarus not only benefit the Belarusian economy but also strengthen the ties between the two nations, positioning Belarus to become a key player in the global economy.
