Belarus has warned investors about the risks

This announcement was made in a previous prospectus Eurobonds, finding buyers for that this week has been actively engaged in Minsk.

"Deterioration Belarus relations with Russia could adversely affect energy supplies Belarus and Russian investments in Belarus, which could have a negative impact on the Belarusian economy, "- quoted by Reuters preliminary prospectus Eurobonds Belarus, dated July 9.

In the copy of the document received at the disposal of the agency, is a description of the risks associated with investing in Belarus.

"Investing in Emerging Markets, like Belarus, carry a high degree of risk and investors should be especially careful approach to the assessment of these risks," — the document says.

The paper notes that the Belarusian economy is characterized by "a narrow export base, dependence on imports, the budget deficit and balance of payments, low foreign exchange reserves, reliance on external financing and changing political, economic, social, legal and regulatory environment."

Minsk plans to issue Eurobonds in the amount of up to $ 1 billion.



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