Business news

Belarus, Russia’s Novosibirsk Oblast to sign contracts worth over $13m
According to Roman Golovchenko, the search for new points of development of trade and economic relations is one of the goals of the visit of the Belarusian delegation to Novosibirsk...

Belarus contemplating making dairy industry equipment in Russia’s Novosibirsk Oblast
In addition to trade in staple foods Belarus intends to localize the production of equipment for dairy farms in the region...

Belarus’ industrial potential presented at symposium in China’s Xiamen
The event was attended by Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to China Yuri Senko. He held meetings with China’s Vice Minister of Industry and Information Technology Xu Xiaolan and Mayor of Xiamen Huang Wenhui...

Belarus' central bank to cut refinancing rate to 10% on 2 May
While making decisions on the refinancing rate in the future, the National Bank will take into account the actual and expected inflation rates, internal and external risks and the reaction of financial markets to them...

Nearly 30,000 online shops registered in Belarus
"This year we’ve come up with an idea to develop a separate legal framework dedicated to online trade since online trade develops faster than we can regulate it"...

PM: Belarus, St. Petersburg set ambitious goals in cooperation
"In the first months of this year, we have set a high bar for our trade. The positive trend remains in place in the first three months. In the industrial sector, the trade increased by more than 2.1 times"...

Belarus eager to sell more equipment, food to St. Petersburg
Shipments of Belarusian machine tools, pharmaceutics are also promising avenues of cooperation...

Belarus offers electric vehicles, biotechnologies in agriculture, IT products to Latin America
Apart from that, the official mentioned such topical matters as freight transportation and the organization of transactions between Belarus and Latin American countries amid Western sanctions...

China-Belarus industrial park Great Stone’s investment potential presented in Moscow
Participants of panel discussions discussed real cases of investment projects in Belarus as well as possibilities for their financing. Some law companies offered opinions about ways to reduce the pressure of sanctions and reorient business to new markets...

Belarusian Amkodor presents vehicles at Russian utilities expo in St. Petersburg
Amkodor’s products are showcased by the company’s official distributor OOO Eksam. The skid steer loader Amkodor 211 is on display...

Lukashenko comments on progress to build ports for Belarusian cargo in Russia
A project to develop container traffic through the port of Bronka is in progress in St. Petersburg. It is planned to redirect about 7 million tonnes of Belarusian cargo through the ports of the city...

Tambov Oblast governor outlines key avenues of cooperation with Belarus
Tambov Oblast is one of the leaders among Russian regions in terms of trade growth with Belarus. According to the governor, imports from Belarus doubled in 2022, while exports grew by 63%...

Belarus, Russia to develop smart city projects, telecommunication equipment projects
Two agreements were signed on the sidelines of the TIBO 2023 forum on 19 April. Rosatom’s country office in Belarus and OOO T-Kom signed an agreement on strategic cooperation in the area of realization of joint telecommunication equipment projects with the Belarusian company OAO Promsvyaz...

Central bank names measures taken to support Belarusian economy amid sanctions
Last year’s macroeconomic situation required a certain shift in focus and additional measures to adapt the national economy to the changes in the operating environment. Pavel Kallaur emphasized that all the available tools were used to support the economy. In particular, these were the interest rate policy, which has been clearly stimulating since mid-2022...

Russia’s Tambov Oblast farmers switch to Belarusian machinery
“Last year we significantly increased the sales of Belarusian equipment, by more than 84% to almost RUB1 billion. Belarusian companies are strategic, reliable and loyal partners for us,” Vadim Rizaev said...

Ад закупкі тэхнікі да патрыятычнага выхавання. Што цікавіць Тамбоўскую вобласць у супрацоўніцтве з Беларуссю
Тамбоўская вобласць з'яўляецца адным з лідараў сярод расійскіх рэгіёнаў па росце тавараабароту з Беларуссю. Паводле даных губернатара, імпарт з Беларусі ў 2022 годзе вырас у 2 разы, тэмпы росту экспарту - 163 працэнты...

Belarus, Russia sign two telecommunication agreements at TIBO 2023
The documents were signed by Belarusian Communications and Informatization Minister Konstantin Shulgan and Russian Deputy Digital Development, Communications and Mass Media Minister Andrei Zarenin...

Belarusian Bellesbumprom to expand cooperation with Uzbekistan
A Belarusian delegation led by Bellesbumprom Deputy Chairman Gennady Dikovitsky paid a working visit to Fergana Region at the invitation of Khayrullo Bozorov, the khokim of Fergana Region. The delegation included representatives of the Newsprint Plant and the Mozyr Woodworking Plant...

Potential for Nizhny Novgorod, Minsk to become Eurasian digital hubs
The Nizhny Novgorod Oblast governor said: “I am convinced that by that time we will have made serious progress and will have prepared joint solutions for digital integration in the Eurasian Economic Union and between Russia and Belarus"...

Seven Belarusian brokers accredited at Uzbek Commodity Exchange
"This step will contribute towards further increasing trade between Uzbekistan and Belarus through the use of exchange mechanisms," the head of UzEx emphasized...