Business news

FEZ Grodnoinvest companies commission nine facilities in Q1 2023
"As part of the plans to implement investment projects at the industrial sites of the free economic zone in Grodno Oblast, resident companies of the FEZ Grodnoinvest commissioned nine production and engineering facilities estimated at a total of over Br8 million in the first quarter of 2023"...

Belarus, Vietnam discuss ways to boost business contacts
The parties explored a possibility to arrange a visit to Belarus of a Vietnamese business delegation under the auspices of the Vietnam Chamber of Commerce and Industry at a time when the international exhibition Belagro will be running in Belarus...

Belarusian commodity exchange eyes North Ossetia’s market
As for Belarus’ products, in his opinion, exports may include dairy products, meat, and leather products, which are traditionally in demand among Russian bidders...

PM names Belarus' cooperation priorities with Russia’s Kaluga Oblast
“It is quite a realistic and feasible task. We have stable long-term relations. There is potential for growth,” the prime minister stressed...

Belarusian companies seek to increase supplies to Uzbekistan
Belarusian companies have signed a number of contracts at the 22nd International Exhibition on Food, Ingredients and Food Technologies - UzFood 2023 which took place in Tashkent, Uzbekistan on 28-30 March...

Belarus’ minister names key areas of cooperation with Russia’s Kaluga Oblast
At the business meeting, companies from Belarus and Kaluga Oblast are exploring the possibilities to cooperate in the production of heat pumps, electrical products, plastic products, construction equipment and materials, furniture for home and office, in supply and maintenance of road machinery and other fields...

Ambassadors of Belarus, Namibia discuss cooperation prospects
"Dmitry Krutoi believes that trade and economic cooperation between the two countries has huge potential. He outlined areas where Belarus and Namibia could significantly ramp up cooperation. These are supplies of Belarusian agricultural equipment and medicines to Namibia, the introduction of the latest agricultural technologies, joint projects in energy and forestry"...

Delegation of Russia’s Kaluga Oblast visits Belarus’ Amkodor
"During the visit, the business mission of Kaluga Oblast met with representatives of the holding company to discuss the sale of Russian products and the launch of new business projects through the expansion of interstate cooperation"...

Minsk to host Leisure 2023 expo on 13-15 April
Event and industrial, medical and gastronomic, extreme and sports tourism, transport accessibility and travel safety, education and training, digital technologies and new tourist brands - these and many other topics will be covered at the exhibition...

Russian governor: Yesterday Kaluga Oblast and Belarus became closer
“Belarus is a reliable and trusted friend for Kaluga Oblast. For a long time our cooperation has been built on the principles of mutual respect and mutual benefit. The history of bilateral relations is rich in successful projects in industry, agriculture, science, education and culture,” the head of the Russian region said...

Lukashenko highlights importance of Belarus-Russia cooperation
“Enterprises of Belarus and Russia are naturally integrated into joint production chains,” the head of state noted...

Lukashenko identifies Belarus’ GDP growth drivers in 2023
Aleksandr Lukashenko said: “This year we have to achieve the growth of the gross domestic product of about 4% as the five-year program stipulates. How can we achieve that? We know how”...

Lukashenko slams poor digitization progress, underlines importance of Belarusian software
Aleksandr Lukashenko said: “The large-scale digitization that the government has been talking about for years is going slowly for now. The status of the IT country provides for creating a product to serve needs of our own economy first. Preferences were granted with that in mind. I have yet to see the results”...

Promising avenues of Belarus-Russia manufacturing cooperation identified
The president also said that there are plans to launch about 15 projects with Russian partners in the mechanical engineering industry...

Lukashenko comments on cooperation with African nations
”We need to build a fine thread of contacts at the highest level like we are doing in Zimbabwe, the United Arab Emirates, Iran, Venezuela and other countries. And, I would like to emphasize that we are doing it on an equal footing, unlike modern neo-colonialists whose ancestors plundered the world for centuries,” the Belarusian leader said...

Belarus’ foreign trade prioritizes Russia, China as strategic partners
Belarus President Aleksandr Lukashenko made the statement in his Address to the nation and the parliament on 31 March...

Lukashenko talks about trade, economic projects in partnership with China
The interlinking of the Eurasian Economic Union and China’s Belt and Road initiative should get realistic forms, Aleksandr Lukashenko stressed...

Call for placing energy-intensive enterprises close to Belarusian nuclear power plant
"Yes, thanks to the Belarusian nuclear power plant we substitute natural gas and can actively develop the electric industry. Electric transport is the key component"...

Lukashenko sets import substitution targets
"Last year we produced import-substituting products worth over $27 billion. This year we can add 10%. When there is a will, there is a way. We are not just talking about import substitution. We are talking about developing entire high-tech industries"...

Lukashenko: Belarus’ industry should grow by 5-7% annually
In addition, financial stability has been maintained in the real sector of the economy, while net profit and profitability of enterprises have grown, the head of state added...