Business news

Belarus past short-term effect of Western sanctions, central bank believes
"The consumer price index and trend inflation are steadily decreasing. According to our estimates, year-on-year inflation will reach single-digit figures by the end of Q1 2023"...

Belarusian Tax and Duties Ministry’s tasks for 2023 outlined
Prime Minister of Belarus Roman Golovchenko spoke at a session of the Tax and Duties Ministry board on 27 January to identify the main tasks the ministry will have to accomplish in 2023...

Prime minister: Tax policy has to stimulate economic growth
In his words, the key task of tax authorities is to ensure the collection of state budget revenues...

Restoration of rail, air services between Belarus, Russia’s Nizhny Novgorod discussed
One of the important topics discussed at the meeting was the possibility of involving the enterprises of the region in shipbuilding and the use of port infrastructure for Belarus...

Belarus to take part in construction and energy forum in Bishkek
The National Center for Marketing is organizing a Belarusian exposition at the International Congress and Exhibition Forum "Construction, Energy, Special Equipment and Security", one of the largest forums in the Central Asian region, which will be held in Bishkek...

Belarus, Russia discuss cooperation with respect to precious metals and stones
Belarus’ Deputy Finance Minister Vladislav Tatarinovich met with Russia’s Deputy Minister of Finance Alexei Moiseev in Moscow...

Belarusian Belkommunmash reports strong growth in order inflow
"Our third quarter is booked up full, and the fourth is coming together strong. The demand for our vehicles is high. We are looking at an increase of 60% over last year. In 2023, we are set to produce 300 vehicles - trolleybuses, trams, electric buses," Taras Murog said...

Turkish investors show interest in doing business in Belarus
Possible areas of cooperation and promising business projects were discussed during a video conference between Anatoly Buben, head of the FEZ Minsk administration, and Mikail Çalışkan, President of the Association of Independent Industrialists and Entrepreneurs MUSIAD Belarus...

Russia’s Sibiar to increase purchase of Belarusian tinned iron
During his working trip to Novosibirsk Oblast on 23-24 January Dmitry Krutoi also visited the trading house MTZ-Sibir...

Lukashenko wants marketplace sellers to move towards civilized trade
Belarus President Aleksandr Lukashenko made the statement during the government conference held on 24 January to discuss the social and political situation and the crime rate in the country...

Ambassador: Belarus is ready to implement projects in Russia’s Novosibirsk Oblast
Belarusian Ambassador to Russia Dmitry Krutoi said at a meeting with Novosibirsk Oblast Governor Andrei Travnikov...

Belarus, Syria discuss cooperation prospects in trade, economy
Belarus’ main exports to Syria are skimmed milk powder and whey powder...

Russia’s Bashkortostan to purchase 800 Gomselmash harvesters
When talking with Gomselmash General Director Aleksandr Novikov, Radiy Khabirov announced plans to establish and strengthen cooperation ties...

Belarus’ Gomel Oblast, Russia’s Bashkortostan intend to promote ties
He expressed confidence that the establishment of business contacts will allow partners to shore up the economy and strengthen interregional ties...

Belarus, Sri Lanka discuss cooperation in trade, economy
The interlocutors agreed that it is necessary to hold a series of events to inform the business communities of Belarus and Sri Lanka about the economic potential of the two countries...

Belarus, China discuss cooperation in medical equipment production
The parties discussed cooperation plans, in particular, launching a company that will make medical equipment and component parts in the Great Stone industrial park...

Bellegprom companies grow exports to Russia by third in 2022
Key exports are hosiery and corsetry, fabrics, yarn, knitwear and ready-made clothing, shoes, carpets...

Belarus’ BelAZ to ship 220-tonne haul trucks to Russia’s Murmansk Oblast
The first four haul trucks have already arrived at the plant and are undergoing stage-by-stage assembly and pre-start tests...

About 1,400MW worth of new power-generating facilities commissioned in Belarus in last five years
Construction and reconstruction of power lines and the commissioning of power transformer facilities helped improve reserves of the united power grid by a lot...

Ambassador: Belarus-China trade rose more than 80 times in 31 years
According to the Chinese side, trade between China and Belarus increased from $60.8 million at the start of diplomatic relations to $5.08 billion in 2022, i.e. more than 83 times...