Business news

Belarusian Amkodor, Ethiopia discuss prospects for cooperation
"Such an important partnership requires detailed feasibility studies. During the negotiations, it was decided to return to the discussion after a more in-depth market analysis of construction equipment which can meet the needs of Ethiopia most effectively"...

Belarusian BelAZ seeks closer cooperation with mining companies in Zimbabwe
"BelAZ is ready to offer the mining industry of Zimbabwe not only efficient rock haulers but also ready-made integrated solutions for the supply of vehicles with all the necessary infrastructure, equipment and software on a turnkey basis," the press service emphasized...

Foreign investment in Belarusian economy at $4.5bn in January-June 2023
The main investors were entities of the Russian Federation (57.1% of all incoming investment), Cyprus (20.2%)...

Belarusian Railways to promote cooperation with Jiangsu Suzhou Port Group
The sides discussed Belarusian Railways’ cooperation with Jiangsu Suzhou Port Group to create new stable transportation and logistics channels for delivering cargoes from Belarus to China and from China to Belarus...

Belarus, India discuss business cooperation
An agreement was reached to hold Belarusian-Indian events to foster business ties between the countries...

Lukashenko: Belarus will produce its own high-quality car
"We have agreed with the Chinese partners on the licensed production of the cars. I think we have identified two brands. Therefore, we will have our own Belarusian-made car. We have made progress and we will reach the goal of producing our own, almost 100% Belarusian car. A high-quality car," Aleksandr Lukashenko said...

Lukashenko visits Minsk Civil Aviation Plant
According to Vladimir Pekarsky, General Director of Minsk Civil Aviation Plant, the production facilities of the enterprise are utilized fully. The share of exports in revenue amounted to 98.8% in H1 2023...

Nearly 60% of area under grain, legumes cropped in Belarus
As of 10 August, cereals and leguminous crops (excluding corn, buckwheat and millet) were harvested from the area of 1.138 million hectares, which is 59.4% of the designated area. Some 3.853 million tonnes of grain have been threshed, showing average yields of 33.8 centners per hectare...

Belarus ready to sell more agricultural machines, automobiles to Kazakhstan
He mentioned it is necessary to more broadly use the practice of organization of major events involving representatives of Belarusian and Kazakh business circles as an effective stimulus for promoting trade and economic ties...

Brazilian ambassador shares details of meeting with Lukashenko
The ambassador mentioned that among other things he and Aleksandr Lukashenko had talked about interaction in agriculture and possibilities for selling Belarusian tractors to Brazil...

Over 4.5m tonnes of grain, including rapeseed, harvested in Belarus
As of 10 August, cereals and leguminous crops (excluding corn, buckwheat and millet) were harvested from the area of 1.065 million hectares, which is 55.6% of the designated area. Some 3.617 million tonnes of grain have been threshed, showing average yields of 34 centners per hectare...

Belarus’ foreign trade up by 15% to exceed $46bn in H1 2023
Foreign trade in goods remained on the growth track. In June 2023 the export of goods rose by 5.4% month-on-month and amounted to $3.3 billion. The import of goods grew by 3.2% to reach $3.4 billion...

Belarus to hold major event for Russian investors in Moscow in November
Dmitry Krutoi and Dmitry Krasovsky discussed the investment climate in Belarus and in the Eurasian Economic Union in detail in view of drastic geopolitical changes...

Belarus, Vietnam seek to expand economic cooperation
Hope was expressed for an even more active expansion of economic cooperation between Belarus and Vietnam, especially in such traditional areas of bilateral cooperation as mechanical engineering, agriculture, pharmaceuticals, education, science and tourism...

Great Stone Park, China’s Chongqing discuss cooperation prospects
The delegation from Chongqing included leaders of the Standing Committee of the People's Congress, members of relevant agencies, district offices and enterprise managers...

Belarus’ Minsk Oblast, China’s Chongqing sign roadmap for cooperation
For example, there is a need for a coordination logistics center in the Great Stone Industrial Park. "Optimal logistics is very important for small enterprises. It is difficult for them to find a niche in the Chinese market without the help of such a coordination center," Denis Kurlenko said...

Belarus to take part in INNOPROM. QAZAQSTAN expo
The international industrial trade fair INNOPROM. QAZAQSTAN will be hosted by Astana for the first time. It is scheduled for 25-27 September 2023. The Made in Belarus exposition will be running at the trade fair. At present, Belinterexpo is busy arranging Belarus’ participation at this exhibition...

Belarusian MTZ set to continue cooperation with Zimbabwe
The parties are set to continue mutually beneficial cooperation. This was announced at the talks with MTZ Director General Vitaly Vovk. Plans are in place to deliver 3,575 tractors to Zimbabwe in 2023-2024. Their shipment has already begun...

Brantsevich: Economic cooperation between Belarus, China’s Chongqing on growth track
According to her, the powerful mechanical engineering industry of Chongqing is of interest to Belarusian industrial enterprises in the context of modernization of production facilities using modern Chinese technologies, setting up new joint automotive assembly plants, importing components and auto parts...

Belarusian MAZ seeks closer cooperation with Zimbabwe
During the talks, Minsk Automobile Plant Director General Valery Ivankovich noted that the company is ready to build closer cooperation with Zimbabwe...