Business news

Saudi Arabia interested in strengthening cooperation with Belarus
The Belarusian side expressed readiness to provide assistance in the study of the Belarusian market and presented specific proposals in terms of market research, a webinar presentation of export opportunities of Belarusian enterprises, in particular manufacturers of farm machines...

Great Stone to host exhibition of Chinese goods, services
The key objective of the event is to establish cooperation and build procurement channels between Belarusian businesses and Chinese manufacturers...

Net FDI in Belarusian economy up 15% in 2022
“In 2022, the Belarusian economy received $1.5 billion of net FDI, up 15.3% compared with a year ago,” Belarusian Economy Minister Aleksandr Chervyakov said...

Ambassador: Belarus is ready to supply products to Yemen
The Belarusian ambassador assured Belarus’ readiness to supply a wide range of products to Yemen for the needs of economic recovery - food, medicines, trucks, tractors, agricultural and road-building equipment...

Belarus takes part in Prodexpo in Moscow
The Made in Belarus exposition is very popular among visitors because the Belarusian brand has long been known in Russia and abroad, which helps to promote new and existing brands of participating companies...

NAIP’s partners from S Korea show interest in Belarusian start-ups
An automatic drone-guided plant protection system, a grain harvest scanner, an energy-saving greenhouse… These and other investment projects worth about $20 million were presented to partners from the Minsk Office of the Korea Trade and Investment Promotion Agency (KOTRA) at a meeting hosted by NAIP...

Lukashenko approves state investment program for 2023
Almost Br1.15 billion will be earmarked to finance the facilities included in the program, of which Br891 million...

Belarus’ Amkodor seeks to expand cooperation with Egypt
Agreements were reached with representatives of private companies on a visit to Amkodor in February for further negotiations, a familiarization tour around the enterprises affiliated to the company, and also the discussion of supplies of machinery produced in Belarus...

Belarusian central bank plans to enhance efficiency of monetary policy
Chairman of the Board of the National Bank Pavel Kallaur delivered a report to the head of state on the planned changes to the Banking Code...

Belarus, Russia discuss industrial cooperation, import substitution
Dmitry Krutoi stressed that the intensity of Belarusian-Russian contacts has lately increased. He emphasized the important role of cooperation between the regions of the two countries in strengthening multipronged Belarusian-Russian relations, and said that he would continue visiting Russian regions in the near future...

Belarus, Uzbekistan discuss prospects for expanding cooperation
The parties also reviewed the approaches of Belarus and Uzbekistan to the joint and investment projects, including within the framework of interregional cooperation...

Communications sector GVA at 6.6% of Belarus GDP in 2022
In 2022, the communications sector GVA accounted for 6.6% of Belarus' GDP, including: information technologies and information services - 5%, telecommunications - 1.4%, postal service - 0.2%...

China-Belarus industrial park Great Stone to cooperate with China-SCO online platform
The document aims to optimize, within the framework of online platforms, trade in industrial products, to promote cross-border commerce and to increase the investment attractiveness of Great Stone...

Iran shows interest in Belarusian timber
The delegation headed by Vladimir Krech visited Iran and took part in the 20th International Exhibition Iran WOODEX in Tehran...

Economic effect of Lukashenko’s state visit to Zimbabwe estimated at $200m
Sergei Aleinik said that contracts on shipping about 4,000 Belarusian tractors, agricultural machines, and other vehicles and machines to Zimbabwe were signed as a result of the visit...

Belarus-Pakistan business forum to be held in Karachi
Pakistan was named an important area of work for the center. The parties outlined the most promising avenues of cooperation...

11.7bn kWh of electricity generated by Belarusian nuclear power plant’s first unit so far
According to the source, it allowed substituting about 3.3 billion m3 of natural gas. The first unit is now operating at its rated output...

PM: Belarus pays much attention to digitalization of economy
According to him, over the past five years digital technologies have become an indisputable component of sustainable development of society and a driver of economic growth...

Belarus, Russia encouraged to better coordinate import substitution
Roman Golovchenko remarked that it is necessary to transition to the realization of joint investment projects in microelectronics, machine tool production, medical industry, and pharmaceutical industry...

Belarusian Bellegprom to increase its presence in Russia’s Nizhny Novgorod Oblast
The Russian company plans to receive Belarusian raw materials, linen thread, linen cloth, from which it will produce both finished products and give them finishing to be sent to clothing and furniture making companies in Russia...