Business news

Growth rate of Belarus’ export to Russia over 156% in Q1 2023
"Interaction with Russian regions has been considerably stepped up. Every month we welcome 2-3 heads of Russian regions in Belarus and visit at least one oblast of Russia"...

Great Stone tops list of industrial parks in EAEU, neighboring states
BIK Ratings Agency conducted a study to assess and analyze the activities of industrial parks in the EAEU and neighboring countries. They analyzed 40 industrial parks from 10 countries - Azerbaijan, Belarus, Kazakhstan, Latvia, Lithuania, Moldova, Poland, Russia, Uzbekistan and Estonia...

Over 1,000 participants sign up for international economic forum in Vitebsk
The organizers hope that the forum will also be of interest to local residents and visitors. They will be able to learn about economic innovations of the region and contribute their views on how to improve the forum or on how to promote a particular enterprise...

Bobruisk to host Belarusian Investment Forum on 24-25 May
The event is a platform for interaction and networking between Belarusian and foreign business circles and is meant to present to foreign investors the doing business opportunities in Belarus. According to the organizers, the forum will bring together more than 500 participants...

Most popular import substitutes sold via BUCE’s platform identified
In January-April 2023 the most popular import-substituting goods sold via the industrial goods and consumer goods platform of the Belarusian Universal Commodity Exchange included server equipment, components for machines and mechanisms, ventilation systems, road construction and maintenance machines, and construction materials...

Belarus plans to export food to various African countries
“Zimbabwe is a new market for us. I would like to say that cooperation with Africa goes beyond Zimbabwe. In addition to export, Belarus offers its technologies for processing and preparing products,” said Leonid Zayats...

Single industrial policy, technological sovereignty among Belarus-Russia cooperation priorities
Roman Golovchenko remarked that the Russian delegation will have a busy itinerary in Belarus, including visits to significant Belarusian enterprises that play an important role in the development of Belarusian-Russian joint projects...

Belarus, Zimbabwe to discuss joint milk powder processing companies
The Belarusian Agriculture and Food Ministry is hosting talks with a Zimbabwean delegation headed by Deputy Minister for Lands, Agriculture, Water, Climate and Rural Resettlement of Zimbabwe Vangelis Haritatos...

Gryzlov: Russia, Belarus’ efforts to counter sanctions are bearing fruit
“The visits of business delegations and heads of Russian regions to Belarus have a practical goal. Each visit of a governor results in new contracts and long-term projects. This work continues,” the ambassador said...

Belarus’ cement exports to Russia up by almost 4 times
"In April 2023, the company hut another milestone by shipping more than 231,000 tonnes of cement to Russia. It was 3.8 times more than in 2019 and 2.3 times more than in April 2022," the company said...

Belarusian automaker MAZ featured at Kazakhstan Machinery Fair
Kazakhstan Machinery Fair 2023 is the main meeting place for manufacturers and suppliers in the field of mechanical engineering, metalworking industry, representatives of the public sector, and business communities. For industry professionals the exhibition is still the most effective platform for business development and exchange of experience...

Ten Belarusian trolleybuses handed over to Russian Yekaterinburg
All the trolleybuses have the ability to drive without overhead power lines. This is why they can be used in the areas of Yekaterinburg where overhead power lines are not available. One trolleybus can carry up to 90 people...

Belarus presents investment potential at forum in China’s Zhejiang
The Belarusian diplomat emphasized the special role of the flagship investment projects of Belarusian-Chinese cooperation. In particular, he spoke about the China-Belarus industrial park Great Stone and BelGee in the successful implementation of the Belt and Road initiative...

Belarusian Bellegprom expanding cooperation with Russia in wool processing
The sides discussed matters concerning the collection of Russian wool and its processing at Belarusian enterprises. In order to enable transparent deals, Belarusian processing enterprises will buy wool via the Belarusian Universal Commodity Exchange (BUCE)...

Belarus, Russia’s Ivanovo Oblast discuss investment, cooperation
According to the National Statistical Committee, in 2022 the trade between Belarus and Ivanovo Oblast of the Russian Federation almost doubled over 2021. In the first quarter of 2023 the trade rose by almost two-third year-on-year...

Belarus to display almost every economic sector at Innoprom fair
“As a partner country Belarus will occupy a huge area - more than 3,000 square meters – to showcase practically all sectors of the national economy, including manufacturing, machine tool building and others,” Mikhail Myatlikov said...

Trade between Belarus, Russia’s Karelia up by over 1.5 times in Q1
Belarus’ exports rose by almost 1.8 times...

Belarusian commodity exchange to strengthen ties with Nizhny Novgorod export promotion center
In addition to joint training and information events, brokerage is considered as one of the promising areas of cooperation between BUCE and the export promotion center of Nizhny Novgorod Oblast...

Belarus attends conference on international transport corridors in Ashgabat
Piotr Dulub spoke about the role of Belarusian Railways in ensuring sustainable cargo traffic and economic development of international transport corridors, drew attention to the need to form new logistics schemes for the transportation of goods along the North-South transport corridor, and also reaffirmed Belarusian Railways’ commitment to discussing topical issues of cooperation and developing joint projects...

Belarus gets over sanctions, eager to secure economic growth
Roman Golovchenko remarked that the sanctions enforced against Belarus exist but are no longer perceived as the key hindrance for development...