Belarus will raise prices for partners in the customs union
19.07.2011 3349

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

Shoe factories continue to shrink in Italy

The crisis has put 4000 jobs at risk in the Italian province of Veneto. Businesses and unions are sounding the alarm, and local companies are being forced to use social protection systems to avoid layoffs and closures, writes La…
22.05.2025 126

Geox Group sales down 2,4%

The Italian Geox Group presented its results for the first quarter of 2025, consolidated sales for the first three months of 2025 amounted to 189 million euros, which is 2,4% less than in the same period a year earlier, writes…
22.05.2025 113

Jimmy Choo Launches Archival Collection

Jimmy Choo continues to exploit the fashionable flair it earned when it first appeared in the cult American TV series Sex In the City. The brand has decided to release an archive collection, including…
21.05.2025 293

In France, more than 3000 stores in the fashion segment have closed in five years

Since the pandemic began in 2020, the fashion sector in France has seen around sixty bankruptcies. And since the beginning of this year, at least six fashion retail chains have been affected by legal proceedings, including Jennyfer, Café Coton and Kaporal, - reports…
20.05.2025 489

Pierpaolo Piccioli is the new creative director of Balenciaga

Italian designer Pierpaolo Piccioli, 57, has been appointed creative director of the Balenciaga fashion house. He replaces Demna Gvasalia, who moved to Gucci two months ago…
20.05.2025 448
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning