Deputy PM: Belarus to buy energy resources at low costs when in Customs Union

Belarus' participation in the Customs Union with Russia and Kazakhstan will allow to buy Russian energy resources at the costs lower than market prices, Belarus Deputy Prime Minister Andrei Kabyakou said on December 4 when addressing lawmakers at the House of Representatives. The Belapan news agency quotes him as saying that lower costs will be reached because it will be banned to apply customs duties on the common customs territory in mutual trade.

Andrei Kabyakou stressed that membership in the Customs Union would also allow Belarus to take use of "possibilities of the common market which is growing fast and to shape this market with the countries that are oil and gas-rich and to take part in the production cooperation".

Deputy PM also noted that formation of the Customs Union and a common economic space would become an additional argument in deterring negative tendencies in relations between Belarus and Russia.