Business peciliarities in Ukraine and Bealrus
7 billion in direct foreign
investment during 2012, yet it achieved less than USD 1 billion during 2 quarters of 2012.
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Attractiveness of Belarus for foreign investors was too many times challenged by its own
government. Among high-profile cases of abusing foreign investors' rights or even de-facto
nationalization are, for example:
In 2001 the plans of Russian-Sweden brewery company Baltika to invest in Belarusian
plant Krynitsa failed, because Belarus suddenly refused to comply with its contractual
obligations to the investor. The state's refusal came after Baltika already invested in
Belarus about USD 10.5 million.
In 2002 McDonald's had to close one of its most profitable restaurants in Belarus,
because the Belarusian State University started construction of a new building on the
restaurant's land plot. The fact that Minsk State Executive Committee had previously
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