Business news

First company from Mongolia accredited at Belarus’ commodity exchange
Thus, BUCE’s geography has expanded to include 71 countries on four continents...

Companies from Belarus, Russia’s Tatarstan in agreement on civil aircraft manufacturing cooperation
A Belarusian delegation led by Director General of Minsk Civil Aviation Plant No.407 Vladimir Pekarsky is in the Republic of Tatarstan, Russian Federation...

High-tech products account for over third of Belarus’ export
The share of knowledge-intensive and high-tech products stood at 37.5% of the total Belarusian export in January-September 2022, with the plan set at 34%. According to preliminary estimates, the index of innovatively active manufacturing organizations will make up 30.4% of the total in 2022...

Belarus ratifies agreement with Russia on indirect taxes
The document has been worked out with a view to deepening economic cooperation, eliminating tax barriers in mutual trade and investment, promoting systematic cooperation and mutual assistance of tax authorities of the countries in preventing indirect tax evasion, including in cross-border trade...

Despite sanctions Belarus shows robust economic growth in 2022
“In general, many of our traditional industries have worked well. Agriculture ensured a 3.6% growth, with a good harvest of grain and legumes, colza, flaxseed,” the deputy minister added...

Belarus, Russia’s Bashkortostan intend to step up trade
Belarus and Russia’s Bashkortostan are committed to ensuring continued growth of trade, chairman of the Belarusian state petrochemical concern Belneftekhim Andrei Rybakov, who oversees the interaction with this Russian region...

Belarus' MAZ shows interest in cooperation with Bashkortostan
According to Rustam Muratov, the government of Bashkortostan is interested in the implementation of large joint projects, which will be able to meet the needs of the region in various types of equipment...

Kochanova: Belarus' government system proved its worth in 2022
According to the speaker, the Belarusian economy performed well in the difficult year of 2022. "Despite the sanctions pressure, the problems in terms of exports, the economy worked well. Enterprises functioned steadily, wages were paid," she stressed. "People have the opportunity to work, and our products are exported"...

Belarus' central bank to reduce refinancing rate to 11.5% on 23 January
The interest rate on overnight loans will be decreased from 13% to 12.5%, with the interest rate on overnight deposits down from 11% to 10.5% per annum...

Andreichenko: Belarus-Kyrgyzstan relations rely on a solid foundation of friendship, support
According to him, the recent years have seen a significant increase in bilateral trade. "About $100 million in 2021, a growth of almost 1.5 times in 2022, as far as I know from preliminary estimates. This, of course, represents very good progress"...

Turkish business looking for partners in Belarus
Director of the National Center for Marketing of Belarus Nikolai Borisevich has met with Chair of the Production and Trade Board of Turkey Özkan Pinar...

Belarusian ambassador meets with governor of Moscow Oblast
Ambassador of Belarus to Russia Dmitry Krutoi held talks with Governor of Russia’s Moscow Oblast Andrei Vorobyov...

Belarusian commodity exchange to cooperate with Siberian Federal District of Russia
Regional export promotion centers should promote the ideas of exchange trade and help attract small and medium-sized businesses interested in entering the market of Belarus and third countries...

Ufa to host Belarus-Russia Forum of Regions on 26-28 June
The ninth installment of the Forum of the Regions of Belarus and Russia was held in Grodno on 30 June - 1 July 2022. It was themed around "The role of interregional cooperation in advancing the integration in the Union State”. Agreements and contracts were signed forRUB65 billion, or Br2.5 billion...

Participation in Innoprom to help Belarus expand industrial cooperation with Russia
The Belarusian Industry Ministry will showcase its most advanced technology at the International Industrial Trade Fair Innoprom...

Minsk to host sci-tech expo Intellectual Belarus on 20-22 January
The exhibition will be multidisciplinary. “The National Academy of Sciences does not represent the country’s entire science. There are 239 scientific organizations registered in the country, 78 of them are run by the National Academy of Sciences, 35 belong to the Education Ministry, 26 are administered by the Healthcare Ministry, 18 are part of the Industry Ministry, and so on. We invited all interested parties to take part in the expo,” noted the first deputy chairman of the Presidium of the National Academy of Sciences...

Russia’s Irkutsk Oblast shows interest in Amkodor vehicles
The delegation expressed interest in road-building equipment produced by Amkodor for the maintenance and repair of roads of Irkutsk Oblast...

Belarus, Sri Lanka discuss possible forms of business cooperation
The parties also discussed possible formats of business cooperation between the two countries and ways to inform Sri Lankan foreign economy authorities about ways of interaction with the center...

MAZ ships 10 trolleybuses to Russia’s Ryazan
The new trolleybuses are equipped with the climate control system, electronic route markers, modern automatic audio informers for announcement of stops, video recording cameras, and automatic passenger traffic counters...

Lukashenko approves draft agreement with Zimbabwe on promotion, mutual protection of investment
The president authorized the Economy Ministry to negotiate the draft agreement, and make amendments of no principle if necessary...