Business news

Lukashenko wants performance indicators of regions less dependent on industrial giants
Aleksandr Lukashenko reminded that the task of reducing the dependence of performance indicators of the regions on the work of industrial giants such as Mozyr Oil Refinery, the Zhlobin-based steel mill BMZ, Svetlogorsk Pulp and Cardboard Mill, and the Dobrush paper factory is constantly set during government conferences on economy...

Lukashenko urges to develop Polesie reserve
During the meeting, the president recalled the need to develop the Polesie reserve and the Pripyats National Park...

Lukashenko signs decree on development of securities market
The decree also gives natural persons and legal persons the right to make transactions with securities on the stock exchange on their own. Apart from that, foreign professional traders are allowed to participate in stock trading. These norms are designed to stimulate investment activity on the securities market...

Belarus delivers 120 tractors to Novosibirsk Oblast, Omsk Oblast of Russia
During his opening remarks, Belarusian Prime Minister Roman Golovchenko noted that MTZ-Siberia Trading House is a modern center which sets the path for the development of the industry in the region...

Belarus’ export of tourism services at $180m in 2022
According to him, the flow of tourists to Belarus is increasing...

Gomel Oblast, Russian Omsk to advance cooperation in petrochemistry, mechanical engineering
The official said: “We are ready to discuss any proposals aimed at the invigoration of bilateral cooperation and at mutual complementation of the economies of our regions. We are ready to offer maximum support to all ideas and projects not only in economic affairs but also humanitarian ones”...

Belarus expands export of meat products to China
Vadim Shagoiko said: “In 2021 the share of such products in export was close to 17%. In 2022 the share rose to 20%. In January-February 2023 we increased the share of such products to 23%”...

Russia’s Novosibirsk Oblast interested in Belarusian equipment for making microelectronics
“We discussed bigger sales of passenger vehicles, municipal vehicles, trucks, and special vehicles to the Russian region. We also touched upon the matter of buying more components from Novosibirsk enterprises,” the prime minister explained...

PM opines on key areas of cooperation for Belarus, Russia’s Novosibirsk Oblast
Belarusian Prime Minister Roman Golovchenko spoke about the key areas of cooperation between Belarus and Russia’s Novosibirsk Oblast as he met with Governor of Novosibirsk Oblast Andrei Travnikov...

Belarus, Russia’s Novosibirsk Oblast to sign contracts worth over $13m
According to Roman Golovchenko, the search for new points of development of trade and economic relations is one of the goals of the visit of the Belarusian delegation to Novosibirsk...

Belarus contemplating making dairy industry equipment in Russia’s Novosibirsk Oblast
In addition to trade in staple foods Belarus intends to localize the production of equipment for dairy farms in the region...

Belarus’ industrial potential presented at symposium in China’s Xiamen
The event was attended by Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to China Yuri Senko. He held meetings with China’s Vice Minister of Industry and Information Technology Xu Xiaolan and Mayor of Xiamen Huang Wenhui...

Belarus' central bank to cut refinancing rate to 10% on 2 May
While making decisions on the refinancing rate in the future, the National Bank will take into account the actual and expected inflation rates, internal and external risks and the reaction of financial markets to them...

Nearly 30,000 online shops registered in Belarus
"This year we’ve come up with an idea to develop a separate legal framework dedicated to online trade since online trade develops faster than we can regulate it"...

PM: Belarus, St. Petersburg set ambitious goals in cooperation
"In the first months of this year, we have set a high bar for our trade. The positive trend remains in place in the first three months. In the industrial sector, the trade increased by more than 2.1 times"...

Belarus eager to sell more equipment, food to St. Petersburg
Shipments of Belarusian machine tools, pharmaceutics are also promising avenues of cooperation...

Belarus offers electric vehicles, biotechnologies in agriculture, IT products to Latin America
Apart from that, the official mentioned such topical matters as freight transportation and the organization of transactions between Belarus and Latin American countries amid Western sanctions...

China-Belarus industrial park Great Stone’s investment potential presented in Moscow
Participants of panel discussions discussed real cases of investment projects in Belarus as well as possibilities for their financing. Some law companies offered opinions about ways to reduce the pressure of sanctions and reorient business to new markets...

Belarusian Amkodor presents vehicles at Russian utilities expo in St. Petersburg
Amkodor’s products are showcased by the company’s official distributor OOO Eksam. The skid steer loader Amkodor 211 is on display...

Lukashenko comments on progress to build ports for Belarusian cargo in Russia
A project to develop container traffic through the port of Bronka is in progress in St. Petersburg. It is planned to redirect about 7 million tonnes of Belarusian cargo through the ports of the city...