Business news

PM: Cuba may become a window into Latin American region for Belarus
The prime minister of Cuba also outlined promising areas of cooperation with Belarus. These areas include agriculture, biotechnology, and the production of medicines...

Belarus-Russia trade up by 11% in January-September
“Last year the trade between Belarus and Russia rose by 14%, which was a record-high growth. In January-September, our trade expanded by another 11%. This year we will do even better than last year. This means that the positive dynamics remain in place,” said Maxim Reshetnikov...

Belarus-Cuba cooperation prospects outlined
Roman Golovchenko said: “Mutual trade in January-September 2023 indicates that we have managed to reverse negative trends and more than triple trade as against January-September 2022. It is important to keep up the pace and ensure further stable growth of bilateral trade”...

Cuba invites Belarus to set up joint venture in agriculture
According to him, the current agreement on mutual supplies helps to develop cooperation, especially in the field of biotechnology and the sale of medicines...

Minister: Belarusian economy is growing faster than world average
"The growth rate of the Belarusian economy is higher than the world average: in January-September it was 3.5%. We are set to reach 3.8% by the end of 2023. Major contributors are the manufacturing sector, construction and trade. Business is successfully adapting to the current conditions,” Aleksandr Chervyakov noted...

PM: Cuba counts on Belarus’ help while developing its agricultural industry
"We have done a great deal of work, identified priority areas of interaction; it remains to specify bilateral projects," Manuel Marrero Cruz added commenting on the outcomes of the talks with Aleksandr Lukashenko. "First of all, Cuba seeks to develop its agricultural sector and ramp up food production"...

Over 9.4m tonnes of grain, including rapeseed, threshed in Belarus
Corn was harvested from 237,100 hectares of land. Some 1,968,3800 tonnes of corn kernels were threshed, with the yields averaging 83 centners per hectare. Some 22,787,600 tonnes of corn for silage were cropped so far...

Krutoi: Belarus, Russia’s Tatarstan have great cooperation potential in IT
"We also expect a considerable effect from cooperation between Innopolis and the Belarusian Hi-Tech Park and the academic community in the most popular segments of the IT industry: unmanned technologies, computer vision, creation of digital doubles,” the ambassador said...

Slutsk Cheese-Making Plant starts lactoferrin manufacturing project
The world market’s supply of lactoferrin is expected to grow by 7.64% every year. In monetary terms it will go from $205.43 million in 2022 to $422.68 in 2032...

Belarus taking part in Havana International Fair FIHAV 2023
Vitebsk Meat Processing Plant, Polotsk Dairy Plant, Orsha Meat Canning Plant, and Vitebsk Meat and Dairy Products Concern are showcasing their products in Havana...

Belarus replaces German, Italian, French manufacturers in Russia’s Tatarstan Republic
The ambassador described the construction of a plant to make polyester threads as the flagship project. In his words, raw materials will be supplied by the holding company Tatneft while manufacturing will be organized at premises of the Belarusian enterprise Mogilevkhimvolokno...

Call on Belarusian companies to protect domestic market, defend interests on foreign ones
According to the deputy minister, under the conditions when it is necessary to find new markets, enter new countries and conquer additional niches, Belarusian enterprises face aggressive behavior of their competitors...

Belarus’ corn harvest over 1.9m tonnes
As of 9 November, Belarus harvested 9,380,100 tonnes of grain, including rapeseed...

Belarusian tractor maker MTZ doubles shipments to Russia’s Stavropol Territory in January-October
The Belarusian tractor manufacturer MTZ shipped about 600 tractors to Russia’s Stavropol Territory in January-October 2023, hitting the growth rate of 260.1% as against January-October 2022...

Belarus’ vice premier outlines cooperation areas with Russia’s Stavropol Territory
“The demand for the products of our industrial enterprises is stable, including passenger vehicles produced by Belkommunmash and Minsk Automobile Plant,” the deputy prime minister said...

Belarus working out new investment projects with Türkiye
According to the minister, the countries have established active investment cooperation. “My counterpart has voiced a figure of $1.5 billion. This is the volume of Turkish investments in the Belarusian economy,” Sergei Aleinik said...

Belarus, Türkiye plan to hold business forum in Q1 2024
Following the meeting, the parties signed a Memorandum of Understanding between the National Center for Marketing and the Association of Turkish Businessmen (ASRIAD), their representatives plan to take part in a joint business forum in Belarus in the first quarter of 2024...

Lukashenko: Belarus will set up multi-brand center in Russia’s Stavropol
In addition to the supply of farm machines, Belarus is interested and ready to participate in the local programs to upgrade the fleets of passenger, special-purpose and utility equipment, Aleksandr Lukashenko noted...

BUCE electronic services on display at China International Import Expo
The purpose of the participation in the exhibition is to demonstrate the foreign trade potential of the exchange platform and its practical value for exporters and importers from Belarus and China...

Belarus seeks to set up joint ventures in China
According to him, Belarus has raw materials that are of interest to Chinese consumers. Therefore, it is important for Belarus to move more actively and closer to direct consumers of its products...