The volume of attracted foreign direct investment for the implementation of the project is estimated at $140 million.

The country's government approved a draft budget for 2022 with a deficit of 3.5 percent of gross domestic product (GDP), down from 5.5 percent expected this year.

IMF said that the economic recovery was set to continue in the second half of 2021 and through 2022 with GDP growth of 6.5 and 4.5 percent, respectively, expected this year and next.

The bank raised the upper level of the rate corridor to 7.00 percent from 6.75 percent and the lower level - to 6.00 percent from 5.75 percent.

The new agreements – 28 in all – were known in advance but clinched at talks last week in Moscow between Lukashenko and Kremlin leader Vladimir Putin.

Today the Russian Trade and Economic Development Council is working on 25 international markets to support Russian companies expand abroad as well as helping international businesses move into the Russian market.