Business news

Belarus is Russia’s sixth biggest trading partner in H1 2012
In H1 2012 Belarus was behind several states in terms of trade with the Russian Federation. They are the Netherlands with trade totaling $42.6 billion, China with $42.1 billion, Germany with $36.6 billion, Ukraine with $22.3 billion and Italy with $21.3 billion...

China to partake in construction of trade and logistics center in Grodno
The project includes the construction of a logistics center of the international level and a factory to assemble Chinese goods for further sales in the EU countries...

Belarus-Ukraine trade past $3.6bn in January-June
Belarus continued increasing trade surplus, with the figure at $1.675 billion in January-June...

Belarusian Energy Ministry signs investment contracts with Turkish company

The Belarusian Energy Ministry signed investment contracts with the Turkish company Cet Insaat Muhendislik Ticaret on 30 July to build Beshenkovichi and Verkhnedvinsk hydropower plants. The total volume of investments will exceed $300 million...

World Bank ready to help Belarus with structural reforms
The World Bank confirms its intention to continue helping Belarus in working out and implementing complex and deep structural reforms...

Austria’s Kronospan to invest $500mln in Belarus
The Kronospan company is now engaged in an investment project of the Belarusian forest industry. The project stipulates...

Export share in Belarus industrial output on the rise
In January-May 2012 the share of export in the total industrial output of Belarus reached 65%

Belarus, Turkey agree on road haulage quotas
The parties pointed to the increase in road haulage between Belarus and Turkey...

Belarus suggests new cooperation strategy to WB
Prime Minister of Belarus Mikhail Myasnikovich said as he met with World Bank Country Director for Belarus, Moldova and Ukraine Qimiao Fan...

Belarus-Ukraine trade will exceed $7bn in 2012, Velichko says
Ambassador Extraordinary and Plenipotentiary of Belarus to Ukraine Valentin Velichko said at a session in the Belarusian Chamber of Commerce and Industry....