Republic of Belarus

🇧🇾 Belarus is an industrial-agrarian country with a GDP of $78.4 billion (+3.8% in 2024), focused on the export of machinery, potash fertilizers, food products, and IT services (+7.6%).


Industrial production grew by 8.7%, and investment increased by 8.9%. Main partners: Russia, EAEU, China, EU. Active development of IT and infrastructure makes the country attractive to investors.


Belarus attracts investors with its stable economic situation, strategic location, and diverse business opportunities.


1. 🗺️ Strategic Location

Belarus is located at the crossroads of Europe and Eurasia, making it an important transit corridor for trade.

  • Membership in the Eurasian Economic Union (EAEU) provides access to a market of over 183 million people.
  • Over 70% of exports are oriented toward EAEU countries and the European Union.

2. 🏢 Developed Infrastructure

The country offers modern transport and logistics infrastructure, helping reduce business costs.

  • Belarus ranks 3rd in the world for the quality of its railway infrastructure (according to the World Bank).
  • In 2024, investments in transport and logistics increased by 12.4%, strengthening its position as a regional logistics hub.

3. 💰 Free Economic Zones (FEZs)

There are six free economic zones in the country that offer significant tax benefits.

  • FEZ residents are exempt from VAT, customs duties, and profit tax for 10 years.
  • As of 2024, more than 200 investor companies from 30 countries operate in FEZs, attracting over $1.5 billion in direct investment.

4. 📊 Stable Industrial Sector

Belarus has a strong industrial base that is being modernized to enhance competitiveness.

  • In 2024, industrial production grew by 8.7%.
  • Key industries include machinery manufacturing, chemical industry, agriculture, and food production.

5. 👩‍💻 Innovation and IT Sector

Belarus is known as a regional IT hub thanks to the Hi-Tech Park (HTP).

  • IT services exports exceeded $2.5 billion in 2024, increasing by 10% compared to the previous year.
  • HTP resident companies are exempt from most taxes, including profit tax and VAT.

6. ✅ Rich Natural Resources

Belarus is a global leader in potash fertilizer production.

  • It accounts for 15% of the global potash fertilizer output.
  • Forest resources support the development of the woodworking and furniture industries.

7. 💸 Development of the Crypto Economy and Fintech

Belarus is one of the first countries to implement cryptocurrency and blockchain legislation.

  • The Hi-Tech Park actively supports fintech startups.
  • Cryptocurrency companies registered in the HTP are exempt from taxes until 2030.