On June 20, Minsk / Vladimir Matveev - BELTA /. China is advising Belarus on options for further foreign exchange market strategy. This issue is being discussed today at a meeting between the President of Belarus Alexander Lukashenko and Xie Dou, Director of the Financial Market Department of the People's Bank of China, BELTA correspondent reports. "A month ago, due to problems arising in our consumer and foreign exchange markets, I listened not only to our government and representatives of the National Bank on stabilizing the situation, but also worked with Russians and leading world banks, listened to their assessments and proposals," Alexander Lukashenko noted. "The most important thing for me was a more strategic issue, working with Chinese specialists, representatives of the People's Bank of China. Then, through our friend, the PRC Ambassador to Belarus, I appealed to my friend, PRC Chairman Hu Jintao, the government, and the leadership of the People's Bank of China, to send specialists to us to explain the financial management system that has been established in the PRC." "We are well aware that the Americans do not like it very much, that it is not some special system, but nevertheless it is very effective and allows the PRC to solve any problems. We were very interested in this," the head of state stated. According to Alexander Lukashenko, Chinese specialists were asked to assess the situation in Belarus and express their position, suggesting ways out of this situation. "Chinese specialists were tasked, I asked them to assess the situation in the country, express their position and suggest ways out of this situation, as well as to evaluate our ways out of it. But most importantly, from their point of view, they should recommend one of the options for further strategy of action in the foreign exchange market, particularly for the National Bank's operations. As I have been informed, PRC specialists have answers to all these questions," the President of Belarus said. The head of state also expressed satisfaction with the work done by the Chinese experts, noting that many of his positions coincide with the opinion of the Chinese specialists. In addition, Alexander Lukashenko asked to convey his sincere gratitude to the leadership of the People's Republic of China for their very prompt reaction to his request and the work of the country's representatives in Belarus. "We have not had such responsible and decent people before," the Belarusian leader emphasized. -0-

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