{"id":167847,"date":"2025-12-12T14:23:37","date_gmt":"2025-12-12T11:23:37","guid":{"rendered":"https:\/\/pozirk.online\/en\/news\/167847\/"},"modified":"2026-03-10T12:05:06","modified_gmt":"2026-03-10T12:05:06","slug":"oppositions-economic-chief-sounds-alarm-over-belarus-dependence-on-russia","status":"publish","type":"articles","link":"https:\/\/pozirk.online\/en\/news\/167847\/","title":{"rendered":"Opposition\u2019s economic chief sounds alarm over Belarus\u2019 dependence on Russia"},"content":{"rendered":"\n
\n\n \"\"\n
\n \n
\n (Sputnik.Belarus)<\/span>\n <\/div>\n <\/figcaption>\n<\/figure>\n\n\n\n

December 12, Pozirk.<\/em><\/strong> Belarus\u2019 dependence on Russia has become total, encompassing the energy sector, foreign trade, financial institutions and investments, Alisa Ry\u017ey\u010denka, the opposition cabinet\u2019s chief for economy and finance, has told a conference in Warsaw.<\/p>\n\n\n\n

Foreign trade is particularly concerning, she said, noting that Russia accounts for nearly 70 percent of Belarusian exports. While around 25 percent of exports go to third countries, Belarus remains \u201clogistically dependent on Russia in one way or another\u201d for these shipments, the politician added.<\/p>\n\n\n\n

Moscow can reportedly control the passage of Belarusian goods through Russian ports and railways and set tariffs, effectively regulating the flow of most Belarusian exports.<\/p>\n\n\n\n

At least 287 Belarusian state-owned companies reoriented towards defense orders for Russia, the politician said, citing the data by the BelPol resistance group.<\/p>\n\n\n\n

Three years ago, four Belarusian banks \u2013 Bie\u0142ahraprambank, Dabrabyt, Bie\u0142investbank and the Belarusian Development Bank \u2013 were disconnected from SWIFT, an international interbank system for transferring information and making payments, and are now integrated into the Russian payment system.<\/p>\n\n\n\n

The Russian ruble currently accounts for half of Belarus\u2019 currency basket, while the Belarusian currency is influenced by any shifts in the Russian economy due to the countries\u2019 close trade ties, the politician noted.<\/p>\n\n\n\n

Currently, Russian investments account for around 70 percent of all foreign investment in Belarus, effectively making Russia the country\u2019s sole source of financing, she added.<\/p>\n\n\n\n

Ry\u017ey\u010denka concluded that Belarus could need up to eight years to rebuild and reorient its economy away from Russia if the opposition succeeds in leading a transition to democracy.<\/p>\n\n\n\n

\n\n
\n \"\"