23 November 2017, Thursday, 10:23

Lukashenka Holds Back Information About Military Cooperation With India

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Some facts were left beyond the official part of the Belarusian ruler’s visit to Gandhi's homeland.

The ruler of Belarus was greeted with a solemn salute and equestrian escort in New Delhi. Lukashenka called for a new level of Belarusian-Indian relations at the meetings with the Indian leadership. As regards money. In return of full understanding and support in the international arena, a Belsat report says.

As a result of the negotiations, Minsk and New Delhi signed 10 documents

Among them, 6 memorandums of understanding – in the fields of education, science, culture, agriculture and the oil and gas industry. Another one is on the increase in supplies of potash fertilizers from Salihorsk. Lukashenka urged to build Great India as a new global pole. And for this, to build a scientific and technological industrial park in Belarus first.

"Great India is impossible without your presence on the territory where Belarus is located – between the Eurasian Economic Union and the European Union. We are ready to present you the most favorable conditions for the functioning of your business in case of investing in Belarus. We have such experience with other countries," – Lukashenka said.

Indeed, we already have a Chinese-Belarusian park under Smaliavichy

"Investors from China were offered so many benefits that if as many benefits are given to Indian investors, it is not entirely clear whether there will be something left on the territory of the country that will bring profit to the budget," – economist Leanid Frydkin says.

India is a huge market with great prospects, but its investment policy is not as active as the Chinese one.

"I'm not sure that Indian investors will be tempted by this, they are more focused on their domestic market. Moreover, after the tax reform, which started in July, they got new opportunities," – Frydkin adds.

India will develop and diversify its economic ties with Belarus

It was reported by Prime Minister Narendra Modi. The main directions are pharmaceuticals, the oil and gas, heavy industries. The money will be given.

However, the following Modi’s statement has completely disappeared from the Belarusian state media.

"We will support joint development and production in the defense sector within the framework of the program" Made in India", – the Prime Minister of India shared.

Firstly, India actively cooperates in the defense sector with the Belarusian competitor – Russia. Secondly, Belarus uses China's aid in its defense industry. And China is a regional rival of India, there were even border armed conflicts. It is unlikely that Moscow or Beijing would appreciate Belarusian weapons with Indian names – hence the secrecy.