Agriculture, pharmaceuticals, nano technology and infrastructure projects were some of the key sectors which can be explored for collaboration by Indian and Belarusian industry, Belarusian Deputy Prime Minister Vladimir Semashko said in September.

With an aim to enhance bilateral investment ties, Semashko, addressing the ‘India-Belarus Business Forum’ organised jointly by business chambers FICCI, CII and ASSOCHAM, invited Indian businesses to the East European country, saying they can avail tax exemptions extending from five to seven years and other such incentives.

Heavy Industries and Public Enterprises Minister Anant G. Geete said there was enormous untapped investment and trade potential between India and Belarus. “India was committed to forge partnerships and joint ventures with the Belarusian industry. The Forum would augur well if Belarus makes investments in India,” he said. Mr Geete added that India was commissioning large projects and would help Belarus in terms of its work and experience besides assisting in training of manpower and providing best technology for such projects.