Lukashenko urges to diversify economy after Druzhba pipeline problems

Lukashenko urges to diversify economy after Druzhba pipeline problems

Belarus’ trade turnover has dropped due to the problems with Russian oil supplies, the country’s President Alexander Lukashenko said at a meeting with outgoing British ambassador to Minsk Fionna Gibb on Wednesday, adding that the republic’s economy needs diversification.

"Our export and trade turnover largely depend on supplies of petroleum products, and (Belarus’) trade turnover slightly decreased after the Druzhba oil pipeline failure and problems with contaminated oil, which is why we need diversification," the president was quoted as saying by the BelTA news agency, TASS reports.

The Belarusian-British trade turnover amounts to $3.5 bln, he said, adding that the UK is the republic’s third-biggest partner in terms of trade turnover after Russia and Ukraine.

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