Business news

Belarus, Africa mull over food exports, cooperation in education
According to the statistics, in January-April 2023 Belarusian products were supplied to such countries of Africa as Ghana, Egypt, Cote d'Ivoire, Mauritania, Nigeria, Senegal and Uganda...

Belarusian MTZ to launch tractor production in Russia’s Yelabuga
MTZ plans to produce 200 BELARUS 1221.3 gas-engine tractors at its subsidiary in 2023-2024. Mass production will be launched immediately after all necessary tests are run and a conformity certificate for the Minsk Motor Plant gas engine is obtained...

Belarusian Comintern store in Ufa hailed as great project
The opening ceremony of the first Belarusian Comintern store in the Mega shopping center in Ufa, Russia took place on 27 June with the participation of Bashkortostan Head Radiy Khabirov, Belarusian Ambassador to Russia Dmitry Krutoi, and Chairwoman of the Belarusian state light industry concern Bellegprom Tatiana Lugina...

Minsk, Ufa outline steps to further cooperation
Ufa is interested in the supply of Minsk-made urban and special-purpose vehicles, especially electric buses and hybrid trams, in the city’s practices of developing school-based sports centers and educational and scientific exchange...

Belarus sells first sugar batch to Moldova via commodity exchange
BUCE expects that the pilot transaction will become the starting point for regular deliveries of Belarusian sugar to Moldova, since the same algorithm has been used to launch work with Kazakhstan and Kyrgyzstan, which are the main buyers of Belarusian sugar at exchange auction today...

Belarus’ Grodno Oblast, Brazil to develop cooperation
Grodno Oblast Governor Vladimir Karanik told the media after the meeting with Brazil’s Ambassador to Belarus Bernard Jorg Leopold de Garcia Klingl...

Prime minister explains new business terms, preferences Belarus about to offer to investors
Another innovation suggests granting district administrations the right to sign investment agreements. It will help fulfill the president’s instruction to implement at least one investment project per district...

PM: Belarus’ economy is rebounding
“We can say that the tasks are being fulfilled. This was also acknowledged by the president who said at the end of the meeting that the situation is stable. This is the main thing,” Roman Golovchenko stressed...

Lukashenko encourages manufacturers to explore new markets to reduce stock in storage
During the conference Aleksandr Lukashenko wondered about the stock in storage at Belarusian enterprises. According to the president, he is concerned by the current situation and wants to find out how serious the issue is...

Lukashenko comments on new investment bill
“In the current geopolitical circumstances, it is highly unlikely for Western investors to come to the Belarusian economy. Let us focus on others: eastern, Asian, African and other investors,” Aleksandr Lukashenko said. “We should also work with Western investors, we should not reject their proposals immediately”...

Lukashenko to investors: Don’t treat Belarus like a banana republic
Belarus President Aleksandr Lukashenko made the statement during the government conference with top Council of Ministers officials on 22 June...

Tentative plans to sell Belarusian vehicles, equipment to Latin America via Nicaragua
Belarusian Deputy Industry Minister Dmitry Kharitonchik made the statement as he met with Nicaraguan Deputy Transport Minister Amaru Ramirez...

Belarus’ National Center for Marketing to deepen economic ties with Arab nations
As a result of meetings with representatives of Sharjah FDI Office (Sharjah’s investment promotion agency) and the Eurasia Gulf company, memorandums of understanding were signed to consolidate agreements on the promotion of Belarusian-Arab trade and economic cooperation...

Belarusian pharmaceutical companies featured at international expo in Kenya
Companies from more than 30 countries are featured at MEDEXPO AFRICA 2023. The Belarusian exposition features Belpharmprom holding companu, major pharmaceutical companies such as Academpharm, Belmedpreparaty, Borisov Plant of Medical Preparations, and Minskintercaps...

Russia’s Samara Oblast eager to increase exchange trade with Belarus
Russia’s Samara Oblast is interested in stepping up exchange-facilitated trade with Belarus in all the essential commodity areas. The possibilities were discussed as a Samara Oblast delegation met with top executives of the Belarusian Universal Commodity Exchange...

Minister: Belarus, UAE develop cooperation in spirit of friendship, mutual understanding
Apart from mutual trade, the parties discussed measures of antimonopoly policy and protection of competition, regulation in public procurement and the consumer market. They also agreed to develop interdepartmental ties...

Belarus sells its Horizont laptops to 18 countries
“The main countries are Russia, Kazakhstan, Armenia. We use our own software. This is a guarantee of security for remote computer control. We have made great progress in the area,” Yuri Predko said...

Minsk, Guangzhou discuss promising cooperation avenues
“These relations develop year after year and our trade turnover with China is getting close to $2.5 billion. We see that Chinese companies show interest in work with our country. They are interested in virtually all the export areas, including food,” the deputy head of the Minsk city administration noted...

Mauritania interested in MAZ equipment
Minsk Automobile Plant hosted Ambassador of the Islamic Republic of Mauritania to the Russian Federation and the Republic of Belarus concurrently Mohamed Mahmoud Dahi...

Belarus’ Amkodor signs cooperation agreements with Russia’s Bashkortostan, Karelia
In particular, an agreement was signed between the Government of Bashkortostan represented by Prime Minister Andrei Nazarov and Chairman of the Board of Directors of Amkodor Aleksandr Shakutin...