Economic reports from Russian and Belarusian governments or international economic organizations

Russia, Belarus Sign Security Pact with Nuclear Provisions, Electricity Market Treaty

Dec 6, 2024, 12:03 PM

Russian President Vladimir Putin and Belarusian President Alexander Lukashenko have formalized a new security treaty during a summit in Minsk, marking a significant enhancement in their strategic partnership. The agreement, signed within the framework of the Union State, includes mutual security guarantees, with provisions for the deployment of all types of forces, including nuclear weapons. This treaty underscores the commitment to mutual defense and sovereignty, potentially involving the use of Russian nuclear capabilities for defensive purposes. The leaders also signed a treaty on a common electricity market, further integrating their economies. The signing took place at the Union State Council meeting, celebrating 25 years of the Union State treaty.