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Belarus threatens not to sign integration deal with Russia if 'oil and gas issues' unresolved


Added 11-17-19 05:04:03am EST - “Belarusian President Alexander Lukashenko threatened on Sunday not to sign an integration deal with Moscow later this year if Moscow fails to resolve "oil and gas issues". Russia has provided energy subsidies and loans to Belarus…” - News.yahoo.com

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Posted By TheNewsCommenter: From News.yahoo.com: “Belarus threatens not to sign integration deal with Russia if 'oil and gas issues' unresolved”. Below is an excerpt from the article.

MINSK (Reuters) - Belarusian President Alexander Lukashenko threatened on Sunday not to sign an integration deal with Moscow later this year if Moscow fails to resolve "oil and gas issues".

Russia has provided energy subsidies and loans to Belarus to keep Minsk in its political orbit but now plans to phase these out to lessen the burden on its economy.

Belarus previously said that it stands to lose hundreds of millions of dollars a year from changes to Russian tax policy and has tried to negotiate compensation. Russia says the subsidies cost its exchequer billions of dollars.

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