Business news

Belarus, Russia’s Mordovia set to develop comprehensive cooperation
“Our task is for Belarus to increase its sales, expanding maintenance and quality guarantee services.We are also interested in cooperation with Belarus’ MTZ. We are discussing specific projects, both at the level of directors and also chief designers and engineers,” Artyom Zdunov said...

Belarus favors increased use of national currencies in CIS mutual settlements
“The Russian ruble is leading in this part – it is objectively, given the size of the country’s economy. Nevertheless, we think that other national currencies should be actively involved in the process of mutual settlements,” the deputy prime minister said...

Number of EV charging stations in Belarus past 900
On the whole, the minister described the dynamics of rising electricity consumption across the country as positive. In January-September 2023 the volume of electricity consumption totaled 29.8 billion kWh, 1.8 billion kWh up or 6.4% up from January-September 2022...

Economic cooperation between Belarus, Equatorial Guinea seen as steadily growing
Vice Minister of Finance and Budget Pedro Abeso Obiang Eyang outlined priority areas for development together with Belarusian companies. These are, first of all, agriculture, manufacturing industries, infrastructure, healthcare and education...

Belarus joins China’s initiative in digital economy, green development
The Chinese initiative consists of four parts: economic and trade cooperation in the digital sector, cooperation in green development, capacity building, implementation and development prospects...

Deputy minister: Belarus’ GDP growth is gaining steam
The deputy minister named trade, industry and construction the main drivers of growth. These sectors are doing increasingly better than before...

PM: It is necessary to secure maximum usage of money of innovation funds
While talking to reporters, Chairman of the State Committee on Science and Technology Sergei Shlychkov remarked that money of the innovation funds are spent on various projects, including in the sphere of mechanical engineering, healthcare, and biotechnologies...

Belarusian manufacturers take part in textile expo in Tashkent
This year, the Belarusian exposition features major exporters of the petrochemical industry, including such enterprises as Naftan, Mogilevkhimvolokno and SvetlogorsKhimvolokno...

Belarus looks to set up products hub in Equatorial Guinea
Belarus is interested in supplying the Equatorial Guinea market and neighboring countries with agricultural machinery and equipment, cargo, passenger and special-purpose vehicles, haul trucks, optoelectronic products, multifunctional unmanned aerial and robotic systems...

Belarusian Belenergo, Russian Inter RAO Export sign cooperation agreement
Belenergo and OOO Inter RAO Export signed an agreement on cooperation. Apart from that, Belenergo, Belenergoremnaladka, and Ural Turbine Works signed a memorandum of cooperation in the sphere of power engineering...

Bellesbumprom’s export to Iran up over 1.6 times
It is generally acknowledged that Belarus and Iran should intensify cooperation to counter Western pressure. That was what Belarusian President Aleksandr Lukashenko said as he met with Iran’s First Vice President Mohammad Mokhber on 17 October...

China-Belarus Industrial Park Great Stone, Sinomach Heavy Industry discuss cooperation
Sinomach Heavy Industry is a wholly-owned subsidiary of China National Machinery Industry Corporation (Sinomach Group). The company specializes in construction machinery production, R&D services, project contracting, and trade in related fields...

Chambers of commerce of Minsk, Tehran sign cooperation agreement
An Iran-Belarus business forum took place during the visit. Director General of the Minsk branch of BelCCI Sergei Nabeshko made a presentation “The Republic of Belarus is your reliable partner” where he highlighted business opportunities and instruments to help Belarusian and Iranian businesses to ramp up trade...

Speaker: Belarus-Iran economic cooperation relies on win-win principle
"And you know, despite the sanctions our trade exceeded $100 million last year"...

Industry, education seen as promising areas of Belarus-Iran cooperation
According to him, Belarus and Iran possess well-developed technological potential...

Belarusian nuclear power plant’s second unit expected to commission by year end
Since the first unit was connected to the joint power grid on 3 November 2020, the Belarusian nuclear power plant has generated over 20 billion kilowatt-hours (kWh) of electricity, which allowed substituting 5.3 billion m3 of natural gas and saving over $650 million...

Belarus, Rosatom sign documents on cooperation in radioactive waste, ecology, digital technologies
In line with the agreement the sides will team up to create and develop Belarus’ infrastructure for burying radioactive waste. They will also work together to train personnel to operate radioactive waste burial sites, enable the operation and monitoring of radioactive waste burial sites...

FM: Venezuela, Belarus agree to restart relations in economy, manufacturing sector
"The first step will be, as we announced, a meeting of the joint commission on trade and economic cooperation in Minsk. It is scheduled for 28-29 November. This meeting will be attended by ministers, representatives of the ministries of both countries, heads of enterprises," Yvan Gil Pinto noted...

3D printing, nuclear medicine, information technologies in Belarus-Rosatom cooperation program
Stanislav Levitsky, director of Rosatom’s country office in Belarus, talked to reporters about what a complex program on cooperation with Belarus is supposed to include. The information was released during the 27th Belarusian energy and ecology forum Energy Expo...

Belarus harvests over 2.5m tonnes of sugar beet
Harvesting of corn kernels is underway in all the oblasts of the country, with 150,800 hectares of land already cleared. Some 1,224,300 tonnes of corn kernels were threshed, with the yields averaging 81.2 centners per hectare...