Business news

Belarusian manufacturers featured at International Istanbul Yarn Fair in Türkiye
The Belarusian exposition showcase a wide range of products made using the best world technologies, including various types of fibers, threads and materials used in the textile, knitwear and clothing industries...

Slavgorod marmalade factory to reach design capacity by autumn
The factory has been steadily increasing the output and expanding the range of products. Sales are growing too. The factory makes more than 50 types of jelly and molded marmalade based on pectin, gelatin, carrageenan and modified starch...

Minsk Oblast’s export to China exceeds $500m since 1 January
The attraction of Chinese investment in Minsk Oblast was also discussed during the visit. The delegation of Belarus’ central region toured the largest local companies producing household appliances and automobiles, including electric vehicles...

Belarus ready to sign cooperation roadmap with Russia’s Yaroslavl Oblast
Aleksandr Rogozhnik noted that the Industry Ministry of Belarus is ready to quickly respond to any cooperation proposals from Yaroslavl Oblast...

Bellesbumprom’s export to Russia’s Nizhny Novgorod Oblast up by nearly 40%
Belarus supplies a lot of paper and cardboard and products from them, as well as tall oil and wood-based panels to this Russian region. The export grew rapidly last year as well...

Key avenues of cooperation between Belarus, Russia’s Lipetsk Oblast identified
Roman Golovchenko said: “Lipetsk Oblast is one of our most important trade and economic partners in the Russian Federation. We have good trade turnover. It was close to $334 million in 2022”...

Belarus takes part in InterFood Astana expo
At Kazakhstan’s international exhibition “Food, Beverages, Ingredients, Packaging and Equipment for the Food Industry” (InterFood Astana) the exposition of Belarusian manufacturers is presented under the brand name Belarus - The Taste of Nature...

Grodno Oblast, Russia’s Tomsk Oblast to sign cooperation agreements
During the visit, the delegation is set to sign a number of cooperation agreements in manufacturing and science...

Belagro 2032 to feature 450 companies from 10 countries
"The Belagro exhibition will run from 6 to 11 June This year, we expect 450 companies from 10 countries: Belarus, Russia, China, Pakistan, Turkey, Germany, Vietnam, Italy, India and Palestine. A separate exposition will be presented by 14 Russian regions," Vadim Shagoiko said...

Belarus attends Oil and Gas 2023 expo in Baku
The Made in Belarus exhibition is featuring the Belarusian state petrochemical concern Belneftekhim, Naftan, Grodno Azot and its affiliate Khimvolokno Plant, as well as Mozyr Oil Refinery and Mining Wax Plant...

Belarusian delegation to visit Russia’s Yaroslavl Oblast
Last year, the trade between Belarus and Yaroslavl Oblast increased by 13% compared to the previous year. Export supplies of Belarusian economic entities to organizations of Yaroslavl Oblast soared by 55%...

Belarus, Pakistan discuss assembly production of tractors, electric vehicles
According to Sergei Aleinik, Belarusian business is interested in supplies of agricultural, mining and road construction equipment, pharmaceuticals and wood processing products. Pakistani textiles, rice, fruits, medical instruments, leather goods and sports equipment are in demand in Belarus...

Belarus' refinancing rate down to 9.75%
The interest rate on overnight loans decreased to 10.75%, with the interest rate on overnight deposits down to 8.75% per annum...

Export of Belarusian bread up by 40% in 2022
Export supplies of bread and bakery products grow annually. The increase made up 40% in 2022, if compared to 2021...

Gomel Chemical Plant sends train with fertilizers to China
For the first time in the history of domestic logistics, Beltamozhservice together with Gomel Chemical Plant and other companies organized a new railway container service to deliver Belarusian-made compound fertilizers to China along the route Tsentrolit (Belarus) - Xianguojigang (China)...

Belarus, Russia discuss common electricity market design
"The gas market operation principles will largely determine the principles of the operation of the common electricity market. So we must consider these issues simultaneously," the deputy minister said...

Krutoi: Belarus’ trade with Russia’s Smolensk Oblast may exceed $5b by year-end
He noted that Belarus exports a wide range of goods to Smolensk Oblast...

Belarus, Russia's Smolensk Oblast discuss import substitution, cross-border projects
The parties discussed import substitution, cooperation in the production of public transport, construction, agriculture, logistics, and also cross-border projects, including those to preserve the historical memory...

Oman named Belarus’ most important partner in Middle East
“Now we are increasing our efforts to develop trade, economic and investment cooperation. There are a number of projects, including the one envisaging a joint venture to produce bio-fertilizers,” the senator said...

Lukashenko: Belarus-Russia single currency is not a question of today
Belarusian President Aleksandr Lukashenko said as he met with Russia’s Central Bank Governor Elvira Nabiullina...