President Alexander Lukashenko signed a decree on the move on Thursday, his press service said. “All smart and intelligent people know what stability and order are,” state news agency BelTA quoted Lukashenko as saying earlier this month. Belarus has developed some globally recognized IT brands, belying an image of a country stuck in a Soviet time warp. “The decree is a breakthrough for Belarus,” Anton Myakishev, the head of Microsoft’s Belarus office, told Reuters. It also allows local IT companies to operate in part under English law – a boon to potential foreign investors, who can struggle to navigate the Belarussian legal system.

Source: The Express Tribune December 23, 2017 05:03 UTC