Business news

Lukashenko identifies key problems plaguing Belarusian agriculture year after year
Aleksandr Lukashenko said: “Let’s get back to our fields. The State Control Committee, the Prosecutor General’s Office, the Internal Affairs Ministry tell me that the situation is far from normal, let alone ideal”...

Belarus, Nicaragua sign impressive package of agreements, contracts
Following the talks, the foreign ministers signed an intergovernmental agreement on mutual abolition of visas and an intergovernmental agreement on the establishment of a joint commission on trade and economic cooperation...

Belarus harvests 9.5% of grain legumes area
As of the morning 21 July, cereals and leguminous crops (excluding corn, buckwheat and millet) were harvested from the area of 187,400 hectares, with 651,500 tonnes threshed and the average yield at 34.8 centners per hectare...

Belarus’ delegation holds extended talks with Nicaraguan government
The parties discussed investment projects, supplies of Belarusian equipment, Belarus’ possible participation in major infrastructure projects of Nicaragua, cooperation in agriculture, logistics and the possibility of using port infrastructure, lending and funding, as well as forms of joint work in the markets of Latin America...

T-shirts featuring 2nd CIS Games symbols on sale in Belarus
The first batch of T-shirts has already gone on sale...

Belarusian sugar refineries export $1.4bn worth of merchandise over seven years
Leonid Zayats said: “The sugar industry is a steady donor that replenishes the country’s budget. It contributed Br115 million last year. Apart from that, Br29 million was transferred to the national development fund"...

Belarus to participate in China International Import Expo in Shanghai in November
Every year from 5 to 10, November Shanghai hosts China International Import Expo, the largest exhibition event in China which is also the largest and most significant exhibition event in the world...

Belarusian Industry Ministry enterprises sign over $250m worth of contracts at Innoprom 2023 expo
As many as 40 documents were signed as a result of the expo, including 24 commercial contracts and 16 strategic documents on cooperation. The top 3 Industry Ministry enterprises in terms of the sum of signed contracts are BelAZ, BMZ, and MAZ...

Belarusian engine manufacturer MMZ’s export over 17% up in H1 2023
The geography of product sales (including spare parts) includes 18 countries: Belarus, Russia, Kazakhstan, Uzbekistan, Azerbaijan, Moldova, Georgia, Czechia, Bulgaria, Germany, Hungary, Lithuania, Pakistan, Poland, Zimbabwe, Mongolia, Togo, and South Africa...

PM: Belarus, Russia’s Kemerovo Oblast need to intensify cooperation
He noted that Kemerovo Oblast is one of the largest buyers of BelAZ dump trucks...

UNDP hailed as important contributor to Belarus’ economic development
"They include the development of small and medium-sized businesses through the promotion of employment and self-employment in small and medium-sized towns, as well as support for economic initiatives, promotion of competitiveness and innovation for inclusive development"...

Development of Belarus-India business contacts discussed
Director of the National Marketing Center Nikolai Borisevich met with Ambassador Extraordinary and Plenipotentiary of India to Belarus Alok Ranjan Jha...

Roadmap signed for Belarus-Brazil project on setting up assembly enterprises
Sergei Lukashevich and Elmano de Freitas discussed prospects of establishing joint enterprises to assemble Belarusian tractors in Brazil, including compact tractors intended for family farms...

Belarus saves about 4.4bn cubic meters of natural gas thanks to BelNPP first unit so far
Since the unit was connected to the grid, it has generated 6.3 billion kWh of electricity. "This made it possible to replace a significant amount of natural gas - about 4.4 billion cubic meters," Energy Minister Viktor Karankevich said...

Belarus transports almost 6m tonnes of cargo via Russian sea ports in January-June
"In January-June of last year we transported 1.5 million tonnes of cargo through Russian seaports. This year the volume has already amounted to almost 6 million tonnes, an increase of 400%," Nikolai Snopkov said...

Plans to assemble small BELARUS tractors in Cuba
Currently, about 120,000 tractors of Belarusian and Russian make are in use in Cuba. The MTZ 80 model is especially common. During the talks, the Cuban side expressed interest in purchasing spare parts for Belarusian tractors...

Belarus’ Amkodor showcases new solutions at Field Day of Ryazan Oblast 2023
Amkodor presented a multi-purpose handler with a telescopic boom AMKODOR 527 that performs a wide range of farming operations...

Belarusian Confederation of Entrepreneurship to cooperate with Great Stone industrial park
The parties worked out approaches to the development of educational programs for young technology scientists of Belarus and China, discussed localization of production of Chinese investors and attraction of foreign investments to Belarus...

Belarus, Egypt discuss cooperation in manufacturing sector
Currently, the parties are implementing a number of joint projects in the manufacturing sector. At the same time, there are opportunities and prospects for expanding it...

Belarus’ National Center for Marketing, Association of Chinese Companies discuss cooperation
The focus of the meeting was on the prospects for interaction between the association and the National Center for Marketing as a single entry point to the Belarusian market...