Belarus will raise prices for partners in the customs union
19.07.2011 4428

Belarus will raise prices for partners in the customs union

Minsk will gradually raise prices for consumer goods to the level of Russia and Kazakhstan - partners of Belarus in the Customs Union. Director of the Department of Pricing Policy of the Ministry of Economy of Belarus Igor Fomin stated this at a press conference in Minsk today. The official promised that the equalization of prices would be gradual.
 
“If we go to a single economic space, without customs borders, there can be no price spread a priori. It can be within the transport component so that there is no point in exporting it, ”RBC quotes Igor Fomin. According to the official, the liberalization of pricing will continue, although state regulation of prices will be partially retained, in particular with respect to housing and communal services, natural monopolies, essential goods, as well as socially significant products. Let us remind you that earlier the Belarusian government adopted a decree expanding the list of socially important goods that can be subject to price regulation for up to 90 days.
 
At the same time, Belarus decided to unfreeze prices for socially significant goods. “We do not refuse point impact on prices, we do not exclude such an opportunity for certain social goods. But it will not be permanent, it will be temporary, with monitoring the situation on the consumer market, ”said Igor Fomin. The official also noted that the introduction in June of restrictions on the export of motor fuel and a number of products and goods outside the republic was a “temporary measure” due to the sharp devaluation of the Belarusian ruble.

Recall, from May 24, the National Bank of the country was forced to devalue the national currency: the official dollar exchange rate rose immediately by 56%, from 3155 to 4930 Belarusian rubles, and the national currency formally fell by 36% against the dollar. A landslide devaluation in Belarus caused a significant decrease in incomes of Belarusian citizens, writes retailer.ru

Minsk will gradually raise prices for consumer goods to the level of Russia and Kazakhstan - partners of Belarus in the Customs ...
5
1
Rating

Latest News

1047 applications have been submitted for participation in Moscow Fashion Week.

A total of 1047 applications have already been submitted for participation in the seventh Moscow Fashion Week, which will take place in the Russian capital from September 26 to October 1. Approximately half of these (494) were submitted by designers whose collections were not presented at…
07.08.2026 154

BALLINA will present its new products at Euro Shoes

BALLINA Guangzhou Lihuang Footwear Co., Ltd., founded in 2011 and located in Guangzhou, the fashion capital of China, is a professional footwear company integrating R&D, production and…
07.08.2026 147

The Lamoda platform has a new section and terms for promoting local designer brands.

Russian marketplace Lamoda has decided to update its section for selling local designer clothing, footwear, and accessories. Brands will also receive marketing…
06.08.2026 414

Global footwear production will remain virtually flat in 2025

In 2025, global footwear production will remain virtually unchanged, registering a slight increase of 0,1% to 24,6 billion pairs, according to data published in the analytical bulletin "World Footwear Yearbook 2026" by the Portuguese Association…
06.08.2026 579

Miu Miu has reissued its hit Bubble sneakers for Fall/Winter 2026.

The brand's popular silhouette, launched in 1999, fits the current sneaker trend (a hybrid version of a ballet flat and sneaker with a streamlined shape and thin sole). But the Miu Miu Bubble also features…
05.08.2026 1999
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning