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Mogilev region and Yugra signed memorandum on cooperation

Deputy chair of Mogilev region executive committee Alexei Yakovlev had a meeting with Natalia Komarova, governor of Yugra, Khanty-Mansiisk autonomous district of the Russian Federation. The officials discussed trade, economic, social and cultural cooperation of the two regions.

The meeting resulted in signing the memorandum on cooperation between Mogilev region and Yugra. It specifies the parties' commitment for promoting trade, economic, scientific and cultural cooperation in the spheres that are of interest for the both regions. Alexei Yakovlev specified, that Mogilev region takes an interest in all spheres of mutual cooperation: financial, economic, trade, and cultural.

"We've got a well-developed industrial complex. It makes up 40-45% of the gross regional product. The leaders are chemical, food, light branches; woodworking industry has also been on the rise. Just like other regional centres, Mogilev has a free economic zone that attracts the major part of foreign investment. Alternative electric-power supply industry (biogas, solar, wind power) is developing rapidly".

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