Belarus approves privatization plan, Russia to have right of first refusal.

By bne IntelliNews July 14, 2011
Belarusian government fighting with the consequences of the recent currency crisis approved the privatisation plan of 244 state-owned companies, PM Mikhail Myasnikovich announced. He also added that Russian investors are going to be granted a right of first refusal on the state assets sales. Currently sales of state companies are being negotiated with Russian investors, namely assets in petrochemical, communication, and car building assets. At the same time most of the deals that were already launched, were held overpriced by the investors.

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