Dynamics of the Belarus’ logistics system development as a factor of economic stability

Abstract

The article presents the results of the analysis of the formation and development of the logistics system in Belarus. The position of the country in the world ranking of logistics development, the advantages and disadvantages that create opportunities and threats for the functioning of supply chains in the Republic of Belarus are noted. It is established that the developed legal framework for managing the evolving logistics sector acts as an organizational and economic basis for improving the economic activities of Belarusian producers and a tool for optimizing flow processes. Special attention is paid to the role of logistics in the country’s counteraction to economic sanctions. It is identified that changes in market conditions, production and technological processes and directions of movement of logistics flows require the harmonization of the system based on internal reserves and the development of the logistics network as a mechanism for activating of foreign trade and foreign economic relations, the improving the quality of logistics services.