Business news

Belarus' foreign trade at $30.6bn in January-April 2023
The country’s foreign trade in January-April 2023 exceeded the level of similar periods not only in 2020 and 2021, but also in the pre-sanctions year of 2019. Thus, the data indicate that the Belarusian economy is effectively coping with the sanctions pressure...

Belarus’ marketing center, Hong Kong Trade Development Council sign memorandum of understanding
The National Center for Marketing and Price Study established cooperation with China Hong Kong International Business Association, the Chinese Manufacturers' Association of Hong Kong, and the Hong Kong Trade Development Council, a major organizer of exhibitions and business events Comasia...

Belarus’ Consulate General, Club of Vietnamese Enterprises discuss cooperation
The parties discussed how the Club of Vietnamese Enterprises can help promote Belarusian business interests in Vietnam...

Belarusian PM hails CIS agreement on free trade in services
According to estimates, the agreement will help the CIS countries to increase t trade in services by a quarter and mutual investment by 30% in the medium term...

Belarusian Grodno Oblast, Russia’s Altai Territory to advance cooperation
Vladimir Karanik called mechanical engineering, agricultural machinery, and the exchange of technologies in animal husbandry the most promising areas of cooperation...

Belarus' PM: CIS needs to step up mutual trade, import substitution efforts
“At this very stage, we vitally need a breakthrough in cooperation in all the areas, especially in industrial cooperation, elimination of trade barriers, ensuring food security, formation and strengthening of new transport corridors and logistics chains,” the prime minister said...

Belarus, China agree to increase quotas of road haulage permits
Taking into account the increased economic cooperation, the parties agreed to increase mutual quotas of permits for international road haulage for 2023 and 2024 from 1,000 to 4,000...

PM: Belarus-Krasnodar Krai trade continues steady rise
"2022 was a successful year, and we had a good start this year as well. In January-April, the growth was almost 50% compared with the same stretch a year ago. We have traded for a total of $200 million"...

Winners of Belarus government quality excellence awards honored in Minsk
According to him, Belarusian companies have used the opportunities of economic integration in the Union State, the EAEU, increased exports to the countries of the Middle East, and are working to expand supplies to African and Latin American countries...

Belarusian BKM Holding, Russia’s Rosatom mull over new projects in e-transport
"Combination of experience and competencies of both parties will enable us to develop innovative projects with a view of improving the electric vehicle system and increasing the comfort of citizens," Stanislav Levitsky said...

Belarus, Kenya discuss supplies of tractors, potash fertilizers
"First of all, we are interested in mechanization of agriculture in Kenya and, accordingly, in increasing its efficiency. We would also like to study the experience of Belarus in this sector. We also discussed possible joint projects that would be beneficial to both parties"...

Aleinik: Belarus, Kenya intend to step up cooperation in agriculture
Belarus and Kenya intend to increase cooperation in agriculture, Belarusian Minister of Foreign Affairs Sergei Aleinik said as he met with Kenyan Minister of Trade, Investment and Industry Moses Kuria and Minister of Agriculture and Livestock Development Mittika Linturi...

Belarus ready to join gas infrastructure programs in Russia’s Smolensk Oblast
Last year the trade between Belarus and Smolensk Oblast increased by 12.8% compared to 2021 and reached $4.9 billion. The upward trend in the mutual trade continues this year as well. In January-March 2023 the growth made up 8.4%...

BUCE to help Russia’s Voronezh producers to launch direct supplies to Belarus
The BUCE head also suggested using the opportunities of the exchange electronic platform to promote products of export-oriented enterprises of Voronezh Oblast to the markets of the European Union and Asia...

Over 100 vehicles on MAZ chassis to be shipped to Russia’s Primorye Territory
“The Primorye Territory administration, in agreement with the Russian government, approved the allocation of RUB700 million for the purchase of passenger transport. Now we are studying the models of Belarus-made buses that could join our bus service soon,” Aleksei Ignatenko said...

Bellesbumprom’s exports to Kaliningrad Oblast up over 1.5 times in January-April
Cellulose, furniture and wood-based panels accounted for the bulk of the exports...

Cooperation between Belarus, Russia’s Kaliningrad Oblast hailed as efficient
"Over the four months of this year, our trade was estimated at $166 million. There is every reason to believe that our trade will hit last year’s mark, which was over $400 million, or will be even bigger"...

Over 50 Belarusian engineering companies to take part in Belagro 2023 expo
Traditional participants are the engineering companies Gomselmash, MTZ-Holding, Bobruiskagromash, Belavtomaz, AMKODOR, Lidselmash, Minsk Motor Plant, Avtokomponenty, and many others...

Governor: Work is in progress on direct supplies of Belarusian goods to Russia's Kaliningrad Oblast
Governor of Russia’s Kaliningrad Oblast Anton Alikhanov told the media about the Belarusian goods which were of interest to Kaliningrad residents...

Belarus, China to intensify trade in machinery, electronic products
The roadmap to implement the memorandum of cooperation between the Industry Ministry of Belarus and the China Chamber of Commerce for Import and Export of Machinery and Electronic Products was signed in China on 2 June...