The volume of mutual trade with Russia's Lipetsk Oblast at $330 million is a good indicator, but half a billion would be better. This was stated by President of Belarus Alexander Lukashenko at a meeting with the Governor of Russia's Lipetsk Oblast, Igor Artamonov, as reported by a BELTA correspondent.

The Head of State warmly welcomed the delegation from the Russian region, noting that Igor Artamonov knows Belarus well and that the parties have already laid the groundwork for further expansion of cooperation. According to the President, this is confirmed by active contacts with Lipetsk Oblast over the past two years and economic statistics.

Bilateral trade turnover last year amounted to $330 million. "The figure is not bad, but, as we say, half a billion is better. Therefore, our goal is to strive to achieve a trade turnover of $500 million. I think we will reach this benchmark in the near future," the Belarusian leader is convinced. "There are sufficient reserves. Moreover, we are already beginning, if I may say so, to reap the fruits, I won't shy away from this word, of fateful decisions within our union of Belarus and Russia." In this area, as Alexander Lukashenko recalled, many decisions were made at the level of heads of state.

"By making fateful decisions, we have supported our governments and ministers in developing cooperation, primarily industrial cooperation," said the Belarusian leader.

The President drew attention to how seriously Russia has advanced in agriculture. And this happened not without the participation of Belarus. And now, on the agenda of mutual cooperation are high-tech industries, primarily microelectronics.

"The Westerners have left (thank God they left). We will develop our own. You know that our former country, where we all lived – the Soviet Union – in principle, managed independently of the West. We just didn't have the brains to preserve the country. But we could then, and we can now," Alexander Lukashenko is convinced.

"The key directions of our economy are technological sovereignty and production cooperation. Today, we need to cooperate, which is what we are doing with the Russians," the President continued.