6533b86dfe1ef96bd12caa80

RESEARCH PRODUCT

Joint Venture Formation Influencing Factors within the Aspect of Economic Policy Implemented in Belarus from EU Business Prospective

Santa Sproģe-rimšaBaiba ŠAvriņa

subject

EntrepreneurshipSociology and Political Sciencemedia_common.quotation_subjectlcsh:HM401-1281Joint ventureBusiness environmentInternational business environment in BelarusIntervention (law)Politicslcsh:Sociology (General)Joint ventureMarket economyState (polity)International investment in BelarusPolitical regimeEconomic interventionismEconomics:SOCIAL SCIENCES::Business and economics [Research Subject Categories]Economic systemGeneral Economics Econometrics and Financemedia_commonMarket penetration

description

The aim of the paper is to perform analysis from the EU business point of view about the particularities of the creation of joint ventures in the EU neighbour country Belarus. The possibilities of economic collaboration are studied in the frame of the impact of Belarus political regime on the entrepreneurship and business activities. The research is focusing on the factors influencing business environment. Even if the business environment due to the strong intervention of State in Belarus is not very favourable for the entrance of foreign investments, the main benefits for EU interests in this country are: the importance and size of this market and the possibilities to go through the Custom union to Russian and Kazakh markets, the market penetration in several sectors by joint ventures to escape the taxation charges, the potential of growth in this market.

https://doi.org/10.14254/2071-789x.2013/6-1/3