Abstract. After the Byelorussian presidential elections in 2020, there was a turning point in the Ukrainian- Byelorussian relations, but there were almost no changes in the sphere of economic cooperation. In the first half of 2020, Byelorussia and Ukraine actively cooperated in the economic sphere. Minsk's resistance to integration with Russia was supported by Ukraine. Kiev also depended on fuel supplies from Byelorussia. Despite the political confrontation that began in August 2020, Minsk and Kiev have maintained stable economic relations. In the first half of 2021, political antagonism intensified. However, this situation did not have a clear negative impact on the economic relations between Byelorussia and Ukraine.