The Agreement on Trade and Investment in Services between the Government of the People's Republic of China and the Government of the Republic of Belarus (hereinafter referred to as the "Agreement") was signed on August 22, 2024, and both parties have completed the domestic approval procedures respectively. The Agreement will officially enter into force on January 1, 2026.

According to the Agreement, China and Belarus have achieved a high level of mutual opening up in areas such as service trade and investment. In terms of trade in services, the two sides adopted a positive list approach to make open commitments, and specially formulated facilitation rules for seven important service industries including telecommunications, transportation and logistics, finance, postal and express delivery, health, tourism and travel, and computers. In terms of investment, both sides adopted the "pre-entry national treatment plus negative list model" to make high-level open commitments for non-service investment and incorporated comprehensive and high-level investment protection rules. In addition, the Agreement also incorporates rules in areas such as temporary movement of natural persons, e-commerce, intellectual property rights, competition, small, medium and micro enterprises, and dispute resolution.

The Agreement is the first free trade agreement signed between China and a member state of the Eurasian Economic Union. It will help further stimulate the potential of China-Belarus bilateral trade and investment cooperation and better benefit the enterprises and people of the two countries.

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