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Business news

21 Feb 2017
Belarus seeks to boost export of construction services
“I instruct the deputy architecture and construction minister to report on measures taken to reverse the trend, on what is done to increase the export of services and how the ministry coordinates the work to fulfill these tasks,” the head of state said...
21 Feb 2017
Belarus PM suggests measures to raise salaries
The head of government emphasized that this target can be achieved through the creation of new jobs, new businesses, promotion of entrepreneurship, export growth and reduction of costs. “In the budget-financed sectors, salaries can be increased through optimization and through the growth of extra-budgetary income,” the prime minister noted...
21 Feb 2017
Belarus, UAE to cooperate in defense industry
Taking into account friendly relationship between Belarus and the UAE, the Belarusian State Military-Industrial Committee and the Tawazun Economic Council signed a memorandum of understanding and cooperation in the defense industry. The document was signed during the 13th International Defense Exhibition IDEX 2017 in Abu-Dhabi...
21 Feb 2017
Government guarantees for Chinese loan for Belarusbank
The Belarusian government will assure the China Development Bank that the $100 million Belarusbank will borrow in order to finance its routine operation will be repaid. Interest rate and other payments involved in using the guaranteed loan will be paid as well...
21 Feb 2017
Six IT companies working in Belarus among world’s best outsourcers
The six IT companies with branches in Belarus included in the listing are: EPAM Systems (resident company of Belarus’ Hi-Tech Park), Itransition (resident company of Belarus’ Hi-Tech Park and member of the Scientific and Technological Association Infopark), Bell Integrator, IBA Group, Ciklum and Intetics...
20 Feb 2017
Belarusian antitank missile system Shershen on display in UAE
The Belarusian antitank weapon system was put on display during the 13th international armaments and military hardware expo IDEX 2017. Apart from the antitank missile system Shershen the Belarusian section of the expo featured the latest defense technologies involving unmanned aerial vehicles, state-of-the-art radio location and radio warfare systems...
20 Feb 2017
Belarusian MTZ to allow higher localization at enterprise in Russia’s Tatarstan
Ways to expand cooperation were discussed when an MTZ delegation led by Director General Fyodor Domotenko met with Tatarstan President Rustam Minnikhanov in the city of Kazan...
20 Feb 2017
Brest Oblast eager to export apparel, dairy products to Pakistan
“We have already made some groundwork for exporting $2 million worth of merchandise to Pakistan. It is a task for this year. We are talking about exporting clothes. I also hope that we will be able to export dairy products and will secure a market niche for other products, too. Export to other distant-arc countries may be increased via Pakistan,” noted Mikhail Serkov...
20 Feb 2017
More Belarusian trucks, tractors assembled in Kazakhstan
Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Belarus Yergali Bulegenov talked about the most successful large projects that Belarus and Kazakhstan are implementing together in Kazakhstan. For instance, a joint venture meant to assemble mining machines and BelAZ trucks assembled five trucks in 2016...
20 Feb 2017
Kazakhstan plans to step up industrial cooperation with Belarus
Yergali Bulegenov said that the good interpersonal relations between Alexander Lukashenko and Nursultan Nazarbayev play an important role in the Belarus-Kazakhstan cooperation. "The heads of state have built bonds of friendship and trust. This allows for developing fruitful cooperation between the two countries," the diplomat noted...
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