The diplomats from Belarus during the trip to South Korea invited Korean entrepreneurs to participate in their cryptocurrency projects.

Andrei Dapkunas, the Deputy Minister of Foreign Affairs of Belarus, pointed out that the country wants to build close cooperation with the Korean investors interested in cryptocurrencies and blockchain technologies.

“Intensification of bilateral cooperation in these areas will help both countries successfully respond to the challenges,” Dapkunas told the South Korean media.

He also added that the legislation already exists in the republic of Belarus for the information technology sector.

According to the information provided by the Ministry of Foreign Affairs of Belarus, at the meeting during the trip to South Korea, the parties expressed the need to develop cooperation in the fields of economy, science, high technologies, and found the ways to enhance innovative and investment cooperation, promote contacts between small and medium-sized businesses of the two states, including the small and medium-sized cities of Belarus, as well as opportunities for cooperation on venture financing of priority scientific and technical developments.

We remind that Belarus was the first country of the former USSR which legalized the turnover of cryptocurrencies. At the end of December last year, the President of the Republic of Belarus, Alexander Lukashenko, signed the decree, which entered into force in March this year.