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Belarusian president signs decree on developing digital economy

Xinhua,December 23, 2017 Adjust font size:

MINSK, Dec. 22 (Xinhua) -- Belarusian President Alexander Lukashenko on Friday signed a decree on the development of the digital economy, opening up wide opportunities for the use of the blockchain technology.

Speaking to business representatives, Lukashenko said the main goal of the document is to create such conditions that the world IT companies would come to Belarus, set up their representative offices and development centers there, and produce competitive products.

"The second goal of the decree is to invest in the future. These are IT workers and education. The third one is to use advanced financial instruments and technologies," the president said.

Lukashenko said that Belarus is actually the first country in the world which offers a wide range of opportunities for using the blockchain technologies. Belarus has all chances to be a regional competence center in this field, he added.

In addition, the adoption of the decree not only create conditions for the development of the IT sector, but also gain unique competitive advantages for attracting technologies, capitals and especially smart and talented people from all over the world, Lukashenko said. Enditem