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Belarus turns out to have absolute safety of private property and clear legislative framework.

Alyaksandr Lukashenka promised Indonesian businessmen attractive conditions in the country and highlighted the advantages of Belarus's participation in the Common Economic Space.  

“Favourable and attractive business conditions have been created in the country for investors. We have absolute safety of private property and clear legislative framework,” Lukashenka said Tuesday in Jakarta during the talks with Indonesian President Susilo Bambang Yudhoyono, Interfax news agency reports.

Lukashenka invited Indonesian businessmen to Belarus and noted that “an additional advantage is the country's participation in the Common Economic Space of Belarus, Russia and Kazakhstan, where the three states have no customs borders and duties. Setting up companies in Belarus gives the opportunity to enter the huge market of 170 million people.”

Lukashenka stressed that Belarus “gives exclusively favourable conditions to investors ready to open high-tech companies in the industrial park”, a joint Belarusian-Chinese project. “We have no obstacles to implement the most ambitious of our joint projects,” the Belarusian ruler said.

It's worth noting that a law giving the state the right to represent the interests of minority shareholders in companies without the state's stake was adopted a month ago. There was a loud scandal last autumn when a shareholder of Kommunarka and Spartak confectionery factories was deprived of his property.

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