Business news

2 Dec 2021

Lukashenko contemplates privatization of Belarusian state-run enterprises
“Modernization, manufacturing improvement, and the target market are the key. We will set up the joint venture, polish the target markets, and take a look at modernization. Russia is richer, it can lend money to MAZ so that it could get better and catch up in some areas,” the president noted. “You may have to catch up to MAZ’s standards in some parts and MAZ may have to catch up to KamAZ’s standards. And modernization is necessary"...

2 Dec 2021

PM: Belarus intends to advance economic ties with Russian regions
"Direct ties with the Russian regions are part and parcel of foreign policy. We have long been working with Russian regions on the basis of direct agreements, action plans and cooperation programs. This long-term practice, of course, yields great results," Roman Golovchenko said...

2 Dec 2021

Russia’s Astrakhan Oblast eager to facilitate Belarus’ export to Southeast Asia
Igor Babushkin said: “We believe that it is a good offer for exporting Belarusian goods to Southeast Asia because it significantly accelerates transit along this international transport corridor”...

2 Dec 2021

Governor: Astrakhan Oblast and Belarus have enjoyed many years of partnership
In January-September 2021 the trade between Belarus and Russia’s Astrakhan Oblast amounted to $23.1 million, up by almost 29% year-on-year...

2 Dec 2021

Lukashenko: Belarus, Russia to hold military exercise on Belarus-Ukraine border
"We are still making plans, but the first stage will definitely be held in the winter. Everything is ready for this,” the president said. “They will certainly huff and puff over there but we will conduct the exercise. We will be reinforcing that part of the border"...

2 Dec 2021

Lukashenko comments on prospects of Belarus-Russia single currency
"When Yeltsin and I signed the agreement, we meant that it would not be a Belarusian ruble or a Russian ruble, but some other currency. Yet, since our currency is called a ruble, and your currency is also called a ruble, why should we invent something else and call the single currency a thaler or something. Yes, it will be a ruble,” the president said...

1 Dec 2021

Belarus’ losses from Western sanctions described as minuscule
He noted that enterprises in Belarus did not go into lockdown during the pandemic. "We did not stop the economy, and we were lucky in that regard," Aleksandr Lukashenko said, explaining that Belarusian producers got a chance to tap more into foreign markets at a time when other countries were on lockdown...

1 Dec 2021

Protocol on Russian natural gas prices for Belarus in 2022 signed
The price Belarus will pay for natural gas in 2022 has been set taking into account this year’s terms - $128.52 per 1,000m3...

1 Dec 2021

China-Belarus Industrial Park Great Stone presented for foreign diplomats in Moscow
According to the diplomat, Belarus has developed a comprehensive system of support and preferences for investors...

1 Dec 2021

Enterprises of Russia’s Leningrad Oblast eager to sell confectionery, furniture via BUCE
These Russian goods will be sold via the digital B2B platform of the Belarusian Universal Commodity Exchange where similar products are already traded. In particular, deals to sell office furniture, food, and various kinds of packaging are made virtually every week...

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