Business news

Belarus-China relations described as model example of cooperation
The parties agreed to concentrate joint efforts on creating favorable conditions for increasing mutual trade, developing the current and new trade mechanisms, improving the efficiency of logistics routes and increasing rail transportation, introducing effective mechanisms for interaction in terms of supply of important equipment, raw materials and materials to Belarus...

Belarusian Grodno Oblast attends business forum in China’s Gansu
Vladimir Karanik stressed that the People's Republic of China is a major trading partner for Grodno Oblast, which, despite its geographical remoteness, ranks fifth in the region's export structure...

Contracts worth $180m signed by Belarus at Innoprom expo in Yekaterinburg
"However, the expo will be running for two more days, so this amount is not final"...

Belarusian agricultural exporters urged to focus on finished products rather than raw materials
"We need to think ahead and focus on finished products rather than raw materials or semi-finished products in terms of export," the president said...

PM reveals deadline for development of first Belarus-Russia aircraft
The Belarusian head of government is sure that the first Belarus-Russia aircraft will fly into the airspace of the Union State in some 4-5 years...

Second unit of BelNPP connected to grid
This happened as part of the pilot operation process after the successful completion of scheduled tests of the reactor cooling systems. Now its capacity is gradually increasing...

Belarus’ Industry Ministry, China’s Sinomach sign action plan to develop cooperation
The document provides for measures in priority areas of cooperation in the production of agricultural and utility machines, machine tool building and investment projects at Belarusian enterprises...

Mogilevliftmash urged to make most of current window of opportunity
"This is our chance. The window of opportunity is open. It will not last forever," the president said speaking about the current high demand for a variety of products as western competitors have left the market...

Promising avenues of Belarus’ cooperation with Russia’s Sverdlovsk Oblast reviewed
The manufacturing sector is the engine of cooperation because both Belarus and Sverdlovsk Oblast have well-developed manufacturing sectors, the prime minister stressed...

Functionality of Belarusian State University’s second nano satellite described
The official explained that the nano satellite incorporates a selection of rather sophisticated scientific modules, which can handle sophisticated scientific tasks and technological tasks. In particular, the task to research a technology for special optic protective films for space equipment is being accomplished...

New opportunities for cooperation between Grodno Oblast, China’s Gansu Province discussed
The Grodno Oblast governor met with Secretary of the Communist Party Committee of Gansu Province Hu Changsheng. Vladimir Karanik and Hu Changsheng discussed the state and prospects of Belarus-China interregional cooperation in trade, economy, and humanitarian affairs...

Production of high-tech packaging discussed at China-Belarus Industrial Park Great Stone
The Chinese enterprise Shanxi Minfeng Zhengyi Printing Co., Ltd. visited the Great Stone park to hold talks with the management of the Industrial Park Development Company...

Belarus’ Energy Ministry to present high-tech solutions at Innoprom expo in Russia
Visitors will be able to study Belarusian VR simulators, learn about the advantages of 3D modeling technologies...

Belarus’ deputy industry minister shares expectations from Innoprom expo
Six enterprises of the Industry Ministry will display their equipment on the area of more than 1,500m2 inside the Yekaterinburg-Expo exhibition center and on 21m2 outside the facility. In general, 21 full-scale models of equipment by MAZ, Amkodor, Gomselmash, Belkommunmash, MTZ will be on display...

Plans to showcase Belarusian food at Russian expo Innoprom
Domochay Company will present confectionery products (gingerbread, cookies, pastries). Minsk Dairy Plant No.1 will present dairy products and elite cheese while Grodno Meat Packing Plant will display a broad range of meat specialties. The choice will include raw smoked and dry-cured sausages as well as a lineup of meat products for children...

Belarus reduces export duties on oil, oil products
In line with the document, the export duty on crude, furnace oil, oil bitumen, petrolatum, paraffin, and waste oils is now $15.6 per tonne ($16.2 per tonne before)...

Belarus’ Grodno Oblast to take part in investment, trade fair in China’s Lanzhou
Grodno Oblast will display a collective exposition featuring its leading enterprises: producer of nitrogen compounds and fertilizers Grodno Azot, Bellakt baby food and dairy producer, OOO Primemilk whey and dairy manufacturer, Grodno Meat Processing Plant, Slonim Meat Processing Plant, and Lidakhleboprodukt flour manufacturer, the press service noted...

Belarus’ Industry Ministry companies to sign $150m worth of contracts at Innoprom expo
According to the minister, an unmanned tractor, a gas-powered and highly-localized BelAZ, as well as new solutions in machine tool industry will be showcased at Innoprom...

Ambassador: Belarus-Russia cooperation potential is almost unlimited
Contracts worth about RUB110 billion were signed during the 10th Forum of Regions of Belarus and Russia in Ufa. This is a record amount of contracts...

Ambassador: Belarus, Russia, work daily to counter sanctions
"The task set by the president is ambitious, namely to double our presence in the Russian market and implement as many joint cooperation projects as possible," the Belarusian diplomat summed up...