Business news

3 Feb 2021

Belarusian, Russian rail operators sign cooperation agreement
The agreement has been signed to keep up to date with the international legislation in rail transportation, to ensure its enforcement in rail transportation between interchange stations of Belarusian Railways and Russian Railways, and to promote further digitization of the shipping process...

3 Feb 2021

Belarus expects to get second $500m tranche of Russian loan in H1 2021
BelTA reported earlier that the agreement to provide a $1 billion Russian loan to Belarus was signed on 21 December 2020. Belarus’ Finance Ministry received the first tranche of the loan worth $500 million on 30 December...

3 Feb 2021

Belarus’ Mogilev Oblast, Russia’s Kamchatka discuss ways to increase mutual supplies
Attending the meeting on Belarus’ behalf were Director General of the BelCCI office in Mogilev Gennady Cherny, Deputy Director General for Foreign Economic Ties Tatyana Alekseyeva, Head of the office of the Belarusian embassy in Khabarovsk Valery Sakhno...

2 Feb 2021

BelNPP produces first billion kWh of electricity
"Currently, the first unit is undergoing a stage of pilot operation, testing systems and equipment at the nominal power level"...

2 Feb 2021

Belarus, China’s Sinotrans Limited agree to develop export of logistics services
The parties defined further areas of interaction to stimulate investment activity and develop the export of logistics services...

2 Feb 2021

Minsk to host BUDEXPO 2021 on 17-20 March
The exhibition will include business events featuring a diverse array of specialists, seminars, workshops and lectures, presentations of creative ideas and projects, exhibition of works by young architects and designers...

2 Feb 2021

Belarusian commodity exchange posts tenfold increase in export of rapeseed oil in January
Belarusian rapeseed oil was bought by companies from seven countries. China was the second largest buyer in terms of the amount of deals outpacing last year’s leaders Latvia, Estonia and Switzerland. By the way, China started purchasing rapeseed oil at the Belarusian University Commodity Exchange only this year...

2 Feb 2021

Belarus, Indonesia to sign memorandum of cooperation in mechanical engineering
“Indonesia is a crucial partner of Belarus in Southeast Asia. It is a rapidly growing economy, a member of G20. In addition to that, Indonesia is a vast market with a population of over 200 million people. This country boasts a developed manufacturing industry. We supplied BELAZ vehicles and other equipment to this market. Our task is to expand our economic presence in this region,” Director of the National Marketing Center Valery Sadokho said...

2 Feb 2021

Plans to boost Belarus-China cooperation discussed in Chongqing
During his three-day trip to Chongqing the Belarusian diplomat visited research facilities of Changan Automobile Group, one of China’s biggest car manufacturers. “The diplomat met with the company’s senior management to discuss bilateral cooperation”...

1 Feb 2021

Better sales terms for Belarusian Amkodor forestry vehicles in Russia
Now the IDF’s Leasing Projects program provides loans to lease harvesters and forwarders at 1% per annum. In addition, preferential terms are granted to lease loading and unloading equipment and self-propelled vehicles, including forklifts and cranes...

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