European Investment Bank
With its external lending mandate extended, the European Investment Bank (EIB) signed a Framework Agreement on Cooperation with Belarus in 2017.
Since 2017, which was the starting point of cooperation between the EIB and Belarus, the Bank’s s investment portfolio in the country has been expanding rapidly, as evidenced by the increase in the total amount of financing. For example, the Bank has earmarked €550 million for four infrastructure projects and provided financial assistance to Belarusian banks to support small and medium-sized businesses.
The EIB can also attract grant resources from the European Union, for example, to implement infrastructure projects.
In addition, the EIB financially supports the development of small and medium-sized businesses.