Business news

Belarus marks progress in talks with China on trade in services agreement
The focus was on the transfer and processing of data in financial activities. The parties also considered mutual requests for access to the service markets of the two countries...

Vladimir Oblast governor names key areas for cooperation with Belarus
Belarus is a reliable and traditional partner of Vladimir Oblast and ranks second among the CIS countries in terms of trade, Alexander Avdeyev said...

Belarusian delegation’s visit to Azerbaijan to help intensify industrial cooperation
During the visit the Belarusian deputy industry minister took part in the 13th session of the Belarus-Azerbaijan intergovernmental commission on trade and economic cooperation...

Belarus’ PM comments on cooperation plans with Russia’s Vladimir Oblast
“Belarus can take part in the construction of facilities in the Russian region, taking into account its large-scale plans. It is not only the construction of housing and social facilities, but also the reconstruction and modernization of the road network. We have already gained some good experience in this area,” he said...

PM: $500m in Belarus-Vladimir Oblast trade is an achievable goal
According to Roman Golovchenko, mutual trade shows an active upward trend...

Forum of Regions viewed as great tool to boost Belarus-Russia cooperation
Minister of Foreign Affairs Sergei Aleinik said as he met with Chairwoman of the Federation Council of the Russian Federal Assembly Valentina Matviyenko in Moscow on 16 May...

Belarusian marketing center, Vladimir Oblast export support center sign memorandum of understanding
It was noted that the National Center for Marketing and Price Study can be considered by the Russian business as a single entry point to the Belarusian market...

Belarus’ Academy of Sciences to present about 80 R&D products at MILEX 2023
The R&D Center for Multipurpose Unmanned Systems will present a lineup of aerial vehicles. The Busel MKR drone is one of them. It is designed to provide video surveillance of areas and objects, accompany mobile objects and transmit video signal by radio to the ground-based control station and other remote consumers in real time...

Belarus’ commodity exchange to cooperate with Vladimir Oblast Chamber of Commerce
According to the BUCE press service, the agreement seeks to expand contacts between economic entities of Belarus and Vladimir Oblast and to promote trade by using the instruments of the exchange platform...

Belarus, Russia’s Vladimir Oblast to step up cooperation in agriculture
According to Aleksandr Chervyakov, the trade between Belarus and Vladimir Oblast reached a six-year high in 2022...

Belarus, Vladimir Oblast to sign import substitution agreements
"We have recently carried out a business mission where we agreed to sign three agreements with Belarus. For example, if foreign suppliers discontinue cooperation with Belarusian enterprises, companies from Vladimir Oblast can provide them with similar products, which will keep them running and help them remain competitive. This also works in the opposite direction"...

BelCCI: Regional organizations of Belarus, Russia show active cooperation
Mikhail Myatlikov praised the enhanced cooperation between regional organizations of Belarus and Russia as he met with a delegation from Vladimir Oblast of Russia led by Governor Aleksandr Avdeyev...

Belarus seen as important shareholder of Eurasian Development Bank
"Belarus is our important shareholder. We have now completed the diversification of the shares of shareholder countries. Belarus’ share increased to 5%. The role of Belarus has increased accordingly," Nikolai Podguzov said...

Ambassador: Markets of Urals, Siberia, Far East are very promising for Belarus
In Q1 2023, the Belarusian-Russian trade increased by more than 22% compared with the same stretch a year ago. Belarusian exports to Russia increased by 56.6%...

Belarusian nuclear power plant’s second unit now connected to country’s power grid
The synchronization of the turbine-generator unit of the second unit of the Belarusian nuclear power plant with the country’s power grid had been preceded by a great deal of work, including bringing the reactor unit to a critical condition and then to a minimum controllable power level and then to 40% of the designed output capacity...

Growth rate of Belarus’ export to Russia over 156% in Q1 2023
"Interaction with Russian regions has been considerably stepped up. Every month we welcome 2-3 heads of Russian regions in Belarus and visit at least one oblast of Russia"...

Great Stone tops list of industrial parks in EAEU, neighboring states
BIK Ratings Agency conducted a study to assess and analyze the activities of industrial parks in the EAEU and neighboring countries. They analyzed 40 industrial parks from 10 countries - Azerbaijan, Belarus, Kazakhstan, Latvia, Lithuania, Moldova, Poland, Russia, Uzbekistan and Estonia...

Over 1,000 participants sign up for international economic forum in Vitebsk
The organizers hope that the forum will also be of interest to local residents and visitors. They will be able to learn about economic innovations of the region and contribute their views on how to improve the forum or on how to promote a particular enterprise...

Bobruisk to host Belarusian Investment Forum on 24-25 May
The event is a platform for interaction and networking between Belarusian and foreign business circles and is meant to present to foreign investors the doing business opportunities in Belarus. According to the organizers, the forum will bring together more than 500 participants...

Most popular import substitutes sold via BUCE’s platform identified
In January-April 2023 the most popular import-substituting goods sold via the industrial goods and consumer goods platform of the Belarusian Universal Commodity Exchange included server equipment, components for machines and mechanisms, ventilation systems, road construction and maintenance machines, and construction materials...