Business news

Belarus’ finance minister reviews budget execution in 2022
A testimony to the stable execution of the budget is timely payment of salaries to public sector employees, as well as pensions, and so on. More than that, there are plans to increase them...

Belarus’ Lepel District to strengthen cooperation with Russian regions
Lepel Dairy and Canning Plant, one of the main enterprises of the district, is also focused mainly on the Russian market which accounts for 62% of the company’s exports. There is a high demand for whole and skimmed milk and butter from Lepel producers among the residents of the Russian Federation...

Belarusian laptops made by Horizont shipped to retailers
"The first Belarusian laptop was released to the market as the model H-book MAK4. It is a Belarusian product that relies on cutting-edge experience and technologies. It is a modern computer, which quality and performance are on par with established brands"...

Timber worth $12.3m sold to China via Belarusian commodity exchange
According to the BUCE, this has been a record-setting trading session in terms of both the volume of transactions and the amount of the material sold to China. Three Belarusian sellers and 13 foreign buyers took part in the session...

Belarus, Russia’s Krasnodar Territory discuss cooperation projects
The parties examined the prospects for cooperation in industry, agriculture, construction, housing and utilities services (supply of elevators, waste processing and water treatment technologies)...

Belarusian commodity exchange intends to step up cooperation with pharmaceutical companies
Deputy Head of the Customer Service Department at BUCE Valery Nechay said at a web-based seminar for pharmaceutical companies of Belarus and Russia...

Vice premier: Belarus is among world leaders in per capita cropland area
“The development of agro-industrial complex in our country is one of the priorities of the state policy. This is the most important area of human activity, which defines not only the wealth of the nation, but to a great extent the social and political stability in the society,” said Leonid Zayats...

Belarus, Uzbekistan to hold women’s business forum in 2023
Chairwoman of the Council of the Republic of the National Assembly of Belarus Natalya Kochanova told the media after a meeting on international cooperation with representatives of the Belarusian Women’s Union...

Gomselmash looks into technical aspects of cooperation with Turkish company
The company's trade representative from Istanbul Yunus Camlitepe confirmed the readiness to cooperate with the Belarusian side. He noted that they tentatively expect volumes equivalent to millions of US dollars...

Expert names most promising areas of Belarus-Russia sci-tech cooperation
Now space is the breakthrough area in the sci-tech cooperation between Belarus and Russia...

Trade between Belarus, Russia’s Kabardino-Balkaria up by 61% in January-September
Major exports to Kabardino-Balkaria were steel products (mainly fittings) by Belarusian Steel Works Plant...

PM: Belarus' exports to Russia over $18bn in January-October 2022
"It was a special year for our relationship, a year testing our strength. Everyone knows the conditions in which we worked this year - severe economic pressure. In fact, the independence of both Belarus and Russia was at stake. Therefore, it is through this prism that we should consider what happened this year," Roman Golovchenko said...

Lukashenko, Putin agree on all major issues in energy industry
“We have discussed the price parameters in the energy sector,” said the Russian leader. “We may consider that all the major issues, including the sensitive ones on pricing in the energy sector, have been agreed”...

Lukashenko comments on Belarus-Russia cooperation potential
According to him, of key importance are programs that provide for the creation of common energy markets (relevant instructions have been given to the governments to finalize these programs), the formation of a unified industrial and agricultural policy...

Russia to continue Belarusian nuclear power plant project even to its own detriment
Vladimir Putin noted that Belarus and Russia are working hard virtually in all areas, including power engineering...

Putin: Record high trade for Belarus, Russia this year
According to the Russian leader, last year the trade rose by a third and reached $38 billion, and in January-October of this year it has grown by another 10%. Therefore, there is reason to believe that this year we will hit a new record trade of $ 40 billion...

Belarus, Colombia to cooperate in food industry
The event was attended by the director of the Colombian retail trade association, as well as representatives of Minsk Kristall, Kommunarka, and Krasny Pischevik food industry companies...

Belarus, Tajikistan discuss cooperation prospects in light, food industries
The Belarusian Chamber of Commerce and Industry hosted a meeting between BelCCI Chairman Mikhail Myatlikov and the delegation of the Agency for the Provision of Special Property under the Government of Tajikistan, headed by Director Savzaali Nazirzoda...

Belarus’ export of peat products up by 1.4 times in January-October
"In 2022, the peat industry met the targets, ramped up peat production by 1.5 times over last year to 2.4 million tonnes. Peat briquette plants are gradually expanding the scope of their operations, supplying peat for the needs of the manufacturing industries, cement plants, housing and utilities sectors and the agriculture industry," Viktor Karankevich said...

Belarus, Hong Kong discuss prospects of trade, economic cooperation
Tatiana Kharlap and John Lee Ka-chiu discussed prospects of stepping up cooperation in trade, economy, banking, finance, tourism, humanitarian affairs as well as the development of the bilateral legal base. Exchange of visits was discussed...