Countering globalization is expensive - Head of Belarusian Chamber of Commerce and Industry Myatlikov

ALMATY. June 6. KAZINFORM - Free trade is the engine of economic growth, and resistance to globalization is expensive in the long run. This was stated in Almaty during the second business forum by the chairman of the Chamber of Commerce and Industry of the Republic of Belarus (BCCI) Michail Myatlikov.

photo: QAZINFORM

He said the long-term protection of inefficient industries created artificial incentives to overflow of labor and capital, and hinders development of competitive sectors.

"Branches of economy, long held under greenhouse conditions, today have turned out to be adapted to global competition. Therefore, increased competition may hurt the interests of some industries and individual producers, who will have to learn to work to a high standard, to take thier rightful place in world trade. Some of them are now in place in order to improve their efficiency and competitiveness, trying to lobby for their own interests, seeking to establish protectionist measures that are obvious discrimination against foreign producers and do represent a cleverly veiled import duties ", said M. Myatlikov.

The Customs Union and Common Economic Space responsibility for such solutions increases, and the negative effects of false conclusions will affect a growing number of consumers for whom restrictions are costly: restrictions of freedom of trade and protectionism. Wealth of nations, as it is known, is measured by the well-being of their citizens, the expert said.

M.Myatlikov proposed specific solutions of these problems. As stated by him, under the circumstances, it is required to have a functional system of cooperation between the governments (including the Eurasian Economic Commission) and the businesses of "the three".

"This is a common task of business and government - to defend its interests in the market of the Common Economic Space (CES) through competition from foreign producers," he said.

The head of the BCCI believes that human resources are impossible without a full-fledged development of modern international trade and export diversification. This can contribute to trade development programs in the CES for small and medium-sized enterprises of participating countries. An example is the experience of the International Trade Centre UNCTAD / WTO, able to help businesses not only to adapt to the conditions of participation in the WTO, but also to its formation, and the growth of export potential.

"The government of Belarus is developing a set of measures to minimize the negative consequences of Russia's accession to the WTO", said M.Myatlikov. He is convinced that such measures should beworked out jointly within the CES and have practical application to all Member States of the Customs Union and CES.

"The head of the Belarusian government noted that there was a very large expectation on the Eurasian Economic Commission, on the intellectual potential, which is concentrated in the organization, because it is difficult to elaborate solutions to reduce interest even for certain activities. Solutions that will be proposed by EEC will be a platform for convergence of member countries, " he stressed.

According to the chairman of the BCCI, in the context of our development prospects after Russia's entry into the WTO, the overall objectives are to increase economic competitiveness, improve the business environment and investment climate.

"Addressing these challenges will help offset the possible negative impact of the accession to the WTO," added M.Myatlikov.