Trade turnover between Belarus and Russia rose 5.6% in 2025, with trade in services showing even higher growth rates, the Belarusian Prime Minister Alexander Turchin stated on Monday (February 2).
Turchin was in Moscow at a meeting of the Council of Ministers of the Belarus Union State. He said that “Russia bolstered its status as a key partner for Belarus in 2025. Around 60% of all attracted direct foreign investments come from Russian investors.”

Turchin said that Belarus and Russia see the potential for economic growth in industrial cooperation and jointly implementing innovative projects. Bolstering cooperation “should increase added value, capacity utilization, the economic return on invested funds, the ability to invest in new projects, as well as import independence and technological sovereignty.”
Russia and Belarus are both part of the Eurasian Economic Union, which also includes Kazakhstan, Kyrgyzstan and Tajikistan. It fits the geographic space between the borders of eastern Europe and western China. It had GDP growth of about 5% in 2025, driven by steady economic performance, increased industrial production, and deepened internal market integration.
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