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Business news

17 Dec 2019
Belarus’ business climate assessed by international financial organizations Belarus’ business climate assessed by international financial organizations
The Business Environment and Enterprise Performance Survey (BEEPS) is an extensive economic survey undertaken as a joint initiative of the World Bank, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB). The Business Environment 2019 is a project of the International Finance Corporation (IFC)...
17 Dec 2019
PM: 22 out of 34 big investment projects implemented in Belarus PM: 22 out of 34 big investment projects implemented in Belarus
The key investment projects are implemented in mechanical engineering and metallurgy, pulp and paper industry and woodworking sector, light industry, oil processing and petrochemical complex, energy sector and construction industry...
16 Dec 2019
Belarus promises residence permits to foreign specialists after three years Belarus promises residence permits to foreign specialists after three years
According to the source, the validity period of residence permits for highly-qualified foreign specialists has been extended. The required amount of time they need to live in the country in order to get residence permits later on has been reduced...
12 Dec 2019
Diplomats get closer look at Belarus’ capabilities in IT industry Diplomats get closer look at Belarus’ capabilities in IT industry
Asked whether he had managed to surprise the diplomats, Vladimir Makei responded: “Many approached me and said it was a very interesting place, an interesting policy of the company. The most important thing for us is to allow diplomats to learn more about Belarus through participation in these events, through visits to enterprises and companies”...
6 Dec 2019
Belarus’ gold, forex reserves approach $9.2bn Belarus’ gold, forex reserves approach $9.2bn
In November 2019, the country’s gold and foreign currency reserves contracted by $34.9 million (or 0.4%) following the growth in October by $362.9 million (4.1%)...
5 Dec 2019
Germany supports Belarus’ efforts to join WTO Germany supports Belarus’ efforts to join WTO
Michael Siebert said: “We would like to support Belarus’ accession to the World Trade Organization.” The diplomat noted that Belarus plays an important role as a link between the East and the West. In his opinion, the Belarusian foreign policy has great prospects in this regard
5 Dec 2019
Belarus president talks about four pillars of economic development Belarus president talks about four pillars of economic development
Economic development of Belarus will rely on efforts to raise investments, business initiative, foreign trade, and changes in the demographic situation...
3 Dec 2019
Belarusian companies sign contracts worth $120m in Belgrade Belarusian companies sign contracts worth $120m in Belgrade
The official said: “The total sum of the contracts that have been signed is roughly $120 million. We are talking about the export of Belarusian products. It is quite a good result because, unfortunately, our trade turnover is rather modest”...
3 Dec 2019
EBRD invited to join Minsk-Great Stone rail link project EBRD invited to join Minsk-Great Stone rail link project
“We are at the beginning of very important work for us. It is an ambitious investment project to build a high-speed rail link between Minsk and the Great Stone Industrial Park. We are also discussing this project with other financial institutions, searching for the best deals. We would like to invite the EBRD to take part in the project, too,” Sergei Rumas said...
3 Dec 2019
EBRD investment in Belarus can reach €400m in 2019 EBRD investment in Belarus can reach €400m in 2019
The investment of the European Bank for Reconstruction and Development (EBRD) in Belarus’ projects can reach record high €400 million in 2019, Belarus’ Prime Minister Sergei Rumas said as he met with EBRD First Vice President Jurgen Rigterink...
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