Page 20 - bne IntelliNews Country Report: Belarus Dec17
P. 20

"By   support   we   primarily   mean   favourable   trade   conditions,   such   as   continued supply   of   hydrocarbons   at   attractive   prices,   and   the   willingness   to   refinance existing   debt,"   the   agency's   note   reads.   "We   note   that   as   of   end-2016   Russia accounted   for   around   50%   of   Belarus'   total   public   sector   external   debt.   We currently   expect   bilateral   relations   to   remain   stable   over   the   medium   term, although   downside   risks   exist."
20       BELARUS  Country  Report   December    2017                                                                                                                                                                                www.intellinews.com


































































































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