Business news

Belarus, Russia discuss common electricity market design
"The gas market operation principles will largely determine the principles of the operation of the common electricity market. So we must consider these issues simultaneously," the deputy minister said...

Krutoi: Belarus’ trade with Russia’s Smolensk Oblast may exceed $5b by year-end
He noted that Belarus exports a wide range of goods to Smolensk Oblast...

Belarus, Russia's Smolensk Oblast discuss import substitution, cross-border projects
The parties discussed import substitution, cooperation in the production of public transport, construction, agriculture, logistics, and also cross-border projects, including those to preserve the historical memory...

Oman named Belarus’ most important partner in Middle East
“Now we are increasing our efforts to develop trade, economic and investment cooperation. There are a number of projects, including the one envisaging a joint venture to produce bio-fertilizers,” the senator said...

Lukashenko: Belarus-Russia single currency is not a question of today
Belarusian President Aleksandr Lukashenko said as he met with Russia’s Central Bank Governor Elvira Nabiullina...

Belarus to raise toll rates on 1 June
As for vehicles with the admissible gross weight of over 3.5 tonnes, the rate will be €0.101 per 1km for vehicles with two axles, €0.126 per 1km for vehicles with three axles, and €0.152 per 1km for vehicles with four or more axles...

Belarusian Bobruiskagromash to advance cooperation with Pakistan
Ambassador Extraordinary and Plenipotentiary of Pakistan to Belarus Sajjad Haider Khan has visited the enterprise this week. He was made familiar with the company’s manufacturing capabilities and examined the lineup of agricultural machines the company makes...

Declared investments in China-Belarus industrial park Great Stone estimated at over $1.3bn
At present the China-Belarus industrial park Great Stone is home to over 100 resident companies from 15 countries. The volume of actual investments in the park has already exceeded $830 million while the volume of declared investments stands at $1.34 billion...

Minister: Belarus wants to offer Russia to build an amino acid making plant
According to him, some amino acids continue to be imported into our countries...

Belarus invited to take part in Indonesia’s new capital project
Nikolai Borisevich explained that the main purpose of the event was to promote Belarusian exports...

Contracts worth $100m signed during Golovchenko’s visit to Russia’s Karelia, Murmansk
On 24-26 May, Belarus’ government delegation led by Prime Minister Roman Golovchenko paid a working visit to Petrozavodsk and Murmansk...

Belarus, Russia to step up cooperation in space, microelectronics, software development
The scientific elite of the two countries will discuss research and development in the field of microelectronics in the Russian Federation and Belarus, the research program of the Belarus branch of the Kurchatov Institute, joint Belarusian-Russian projects within the framework of the programs of the Belarusian Republican Foundation for Basic Research and the Russian Science Foundation...

Call on tourism business of Belarus, Russia to refocus on domestic travel
Gomel Oblast Vice Governor Dmitry Aleinikov said at the panel discussion “Time to Travel – Studying Experience, building Prospects"...

Diplomat: Belarus, Iran have great potential for cooperation in petrochemistry
Alireza Seyhoun, the commercial attaché of the Iranian Embassy in Belarus, told the media on the sidelines of the 24th edition of the Spring in Gomel expo...

Ambassador: Sudan is confident in high quality of Belarusian farm machines
The ambassador noted that Sudan and Belarus are very similar as agriculture is an important sector of the economies of the countries...

Lukashenko dead against any barriers, restrictions in EAEU space
Moreover, there is a reserve for expanding the relevant sector of economic relations. In addition to public purchases there are state corporations...

Belarus’ PM outlines key avenues of cooperation with Murmansk Oblast
"In 2022 the trade with Murmansk Oblast reached a record of $286 million, nearly three times as much as in 2021. Belarus’ export to and import from Murmansk Oblast increased manifold"...

PM: Belarus expects strategic decision on cargo transshipment via Murmansk Oblast ports
According to him, despite the fact that the parties are still working on the final decision, cooperation in the transport and logistics sector is in full swing...

Snopkov: Regional development is coming to the fore in Belarus’ investment policy
For the first time in five years, the Belarus Investment Forum is taking place in Belarus, in a big district capital. According to Nikolai Snopkov, this is symbolic...

Belarus signs over $70m worth of contracts with Russia’s Karelia
The government delegation led by Prime Minister Roman Golovchenko is paying a working visit to Petrozavodsk and Murmansk on 24-26 May...