Belarus urges common energy market with Russia,
Jan 26, 2008 - BBC Monitoring
Belarus initiates the setting up of a common energy
market involving at least the threesome of Belarus,
Russia and Kazakhstan, Belarusian Deputy Prime Minister
Andrey Kabyakow told journalists in Moscow today.
"During the setting up of the common energy market
we advocate the retention of market privileges between
the parties to the customs union with the simultaneous
development of the fully-fledged infrastructure of
the energy market, which entails free competition,"
"We are a country with an open economy and we are
interested in equally competitive rights with our
economic partners," Kabyakow said.
Speaking about possible practical measures to implement
the Belarusian initiatives, Kabyakow said that the
Belarusian government currently considers different
options, including the restructuring of the domestic
energy market to integrate some of its parts into
market relations with partners in Russia and Kazakhstan.
"We are closely following the experience of our neighbours,
including both positive and negative moments, we are
studying the efficacy of measures they have taken,"
Kabyakow said. Kabyakow said that Belarus is cautious
when it comes to the restructuring of its energy market.
"This position is justified: we have no significant
resources of raw materials, no huge gold or hard currency
reserves and we cannot put our national welfare at
risk. This is objectively shaping our tactics," Kabyakow
He also said that Belarus has started to work on
a forecast of its socio-economic development for 2011-15,
in connection with which it considers restructuring
the energy market. "But we will take possible steps
following economic calculations," Kabyakow stressed.
Source: Interfax-Ukraine news agency, Kiev, in Russian
1404 gmt 26 Jan 08