Business news

Business unions of Belarus, Russia seen as instrumental in promoting exports to new markets
During the meeting, the parties discussed the cooperation between SMEs, the possibility of implementing joint projects, including in industrial cooperation, combining efforts of business unions and associations of the two states to tap into new export markets of the countries of the South-Eastern region and Africa...

Belarusian tractors on display at AgriShow in South America
Belarusian tractors displayed at AgriShow will suit every taste and pocket of Brazilian farmers: there are small but maneuverable models for individual farmers and large multifunctional machinery for large farms...

Belarus, Egypt to hold meeting of working group on industrial cooperation
Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Arab Republic of Egypt Sergei Terentyev met with Yahya Al-Wathiq Billah, the First Deputy Minister of Trade and Industry of the Arab Republic of Egypt and the Head of the Egyptian Commercial Service...

Belarus to raise export duties on oil, oil products on 1 May
In line with the resolution the size of the export duty on crude oil, furnace oil, oil bitumen, petrolatum, paraffin, and waste oils will be $14.4 per tonne ($14.3 per tonne previously)...

Belarus seeks closer cooperation with Russia’s Siberian Federal District in agriculture
"This year, Belarus’ food export to Novosibirsk Oblast has increased. In the structure of exports, the dairy account for more than a half"...

Belarus takes part in Zimbabwe Trade Fair
Exhibitors from Belarus include Bellakt, Lidakhleboproduct, Smorgon Bakery Plant, haul truck producer BelAZ, Sokhra, the mechanical engineering company Amkodor, Minskinterkaps, Borisov Medical Preparations Plant, Kamvol and Mogotex...

PM: Belarus, Russia's Sverdlovsk Oblast well-positioned to hit $1bn in trade
Roman Golovchenko noted that the first quarter was optimistic in terms of trade between Belarus and Sverdlovsk Oblast...

PM: Trade between Belarus, Russia’s Sverdlovsk Oblast consistently high
"In 2021 it amounted to about $500 million, last year it was almost $750 million"...

Minister: Tourism in Belarus is booming despite sanctions
In his words, about 5 million tourists visited Belarus in 2022, which is much more than in 2021...

Export by Belarus’ Academy of Sciences 30% up in 2022
The official also drew attention to the development of import substitution in Belarus...

Belarus, Russia's Irkutsk Oblast sign contracts worth $9.4m
The trip of the Belarusian delegation headed by Prime Minister Roman Golovchenko to Irkutsk has come to an end...

Lukashenko wants performance indicators of regions less dependent on industrial giants
Aleksandr Lukashenko reminded that the task of reducing the dependence of performance indicators of the regions on the work of industrial giants such as Mozyr Oil Refinery, the Zhlobin-based steel mill BMZ, Svetlogorsk Pulp and Cardboard Mill, and the Dobrush paper factory is constantly set during government conferences on economy...

Lukashenko urges to develop Polesie reserve
During the meeting, the president recalled the need to develop the Polesie reserve and the Pripyats National Park...

Lukashenko signs decree on development of securities market
The decree also gives natural persons and legal persons the right to make transactions with securities on the stock exchange on their own. Apart from that, foreign professional traders are allowed to participate in stock trading. These norms are designed to stimulate investment activity on the securities market...

Belarus delivers 120 tractors to Novosibirsk Oblast, Omsk Oblast of Russia
During his opening remarks, Belarusian Prime Minister Roman Golovchenko noted that MTZ-Siberia Trading House is a modern center which sets the path for the development of the industry in the region...

Belarus’ export of tourism services at $180m in 2022
According to him, the flow of tourists to Belarus is increasing...

Gomel Oblast, Russian Omsk to advance cooperation in petrochemistry, mechanical engineering
The official said: “We are ready to discuss any proposals aimed at the invigoration of bilateral cooperation and at mutual complementation of the economies of our regions. We are ready to offer maximum support to all ideas and projects not only in economic affairs but also humanitarian ones”...

Belarus expands export of meat products to China
Vadim Shagoiko said: “In 2021 the share of such products in export was close to 17%. In 2022 the share rose to 20%. In January-February 2023 we increased the share of such products to 23%”...

Russia’s Novosibirsk Oblast interested in Belarusian equipment for making microelectronics
“We discussed bigger sales of passenger vehicles, municipal vehicles, trucks, and special vehicles to the Russian region. We also touched upon the matter of buying more components from Novosibirsk enterprises,” the prime minister explained...

PM opines on key areas of cooperation for Belarus, Russia’s Novosibirsk Oblast
Belarusian Prime Minister Roman Golovchenko spoke about the key areas of cooperation between Belarus and Russia’s Novosibirsk Oblast as he met with Governor of Novosibirsk Oblast Andrei Travnikov...