Business news

Ogorodnikov: Belarus-Zimbabwe projects in industry are in full swing
Aleksandr Ogorodnikov took stock of the progress to implement the third phase of the Zimbabwean agricultural mechanization program, where Belarus acts as an agricultural equipment supplier, explored the possibilities to supply quarry equipment to Zimbabwe...

Belarusian Confederation of Entrepreneurship presents its flagship projects
"Improving financial literacy among young people is a flagship project of the future. We regularly participate in various seminars and lectures at universities and colleges, where we talk about our activities and answer questions about the legal framework for doing business"...

Belarus' central bank to cut down refinancing rate to 10.5% on 3 April
The refinancing rate will be reduced from 11% to 10.5% per annum. The interest rate on overnight loans will be decreased from 12% to 11.5%, with the interest rate on overnight deposits down from 10% to 9.5% per annum...

Belarus’ electricity consumption may grow to 47bn kWh by 2030
It is expected that electricity consumption will grow in the real sector of the economy. The further electrification of the housing stock will also contribute to higher electricity consumption. Development of electric transport will be another centerpiece of efforts to increase electricity consumption...

Belarus’ vice premier names key avenues of cooperation with Russia’s Altai Territory
The parties expressed their intention to deepen cooperation, expand bilateral contacts and implement joint projects in the manufacturing industry...

Belarus introduces temporary ban on export of certain goods
The ban applies to gypsum, anhydrite, dental cements and other filling materials, bone cements, disinfectants, paints and varnishes based on synthetic polymers, modeling pastes, diagnostic or laboratory reagents on a substrate, filter elements (including hemodialysis membranes) for the healthcare industry, glass ampoules, glassware for laboratory, hygienic or pharmaceutical purposes...

Belarus ready to ship more passenger vehicles, agricultural machines to Russia’s Altai Territory
Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Dmitry Krutoi and Deputy Prime Minister Leonid Zayats informed Russian partners about capabilities of the Belarusian manufacturing sector taking into account needs and interests of the Russian region...

Sizeable contribution of FEZ companies to Belarus’ industrial output in 2022 pointed out
In his words, at present Belarusian FEZs are home to over 400 companies with capital from 35 countries. Projects are in progress in such areas as chemistry, electronics, woodworking, mechanical engineering, metallurgy, and other ones...

Shortage of equipment, food prevented by joint measures of Belarus, Russia amid sanctions
TASS quoted Prime Minister of Russia Mikhail Mishustin as saying in the State Duma of the Russian Federation...

Belarus, Oman discuss plans to hold first meeting of business committee in 2023
The parties explored the possibilities for expanding Belarus-Oman cooperation in trade and economy, as well as the most promising avenues of interaction between the BelCCI and the Oman Chamber of Commerce and Industry...

Belarus takes part in MoldAgroTech expo
Up to 600 Belarus tractors and up to 20 Gomselmash harvesters are annually supplied to the market of Moldova...

Russia’s Udmurtia shows interest in Amkodor machinery
The management of the Amkodor holding company held talks with Vladimir Gulyayev, Deputy Head of the Izhevsk Administration responsible for housing and communal services and construction...

Congress of Free Economic Zones opens in Gomel
The two-day congress will highlight the role of free economic zones, industrial, science and technology parks as drivers of the development of territories, the administration of the Free Economic Zone Gomel-Raton informed...

Belarus signs industrial cooperation agreements with Russia’s Chechnya
This year Orsha Linen Mill, Mogotex and Svitanak will supply fabric and knitwear to Grozny to produce ready-made garments at the enterprises of the Chechen Republic...

Belarusian scientists take part in Agro-Industrial Forum 2023 in Russia’s Ufa
"At the forum the NASB delegation is looking for potential partners in the agro-industrial complex for mutually beneficial cooperation. This is of special importance in the run-up to the 10th Forum of Regions of Belarus and Russia, which is due in Ufa on 26-28 June"...

Lukashenko confident in Belarusian economy’s resilience
The head of state stressed that Belarus had managed to survive in complicated conditions, including in the face of severe sanctions-fuelled pressure, because the country had preserved a solid manufacturing base inherited from the Soviet Union...

Belarus’ Mogilev Oblast presents export, investment potential in Russia
Belarusian enterprises outlined their interests in cooperation and found new partners, discussed the supply of Astrakhan vegetables and fish products to Belarus and Belarusian dairy products to Astrakhan Oblast retail chains...

Belarus, Oman discuss cooperation prospects in trade, economy
The parties explored possibilities to ramp up trade and economic cooperation, to launch joint projects in manufacturing, as well as other steps to intensify bilateral contacts...

Belarus, Egypt discuss industrial cooperation, assembly plants
The parties noted the importance of contacts between representatives of the business communities of the two countries for trade promotion...

Delegation of Russia’s Kursk Oblast visits Belarus’ Grodno
According to the Grodno Oblast Executive Committee, the export to Kursk Oblast amounted to $15.9 million in 2022, 0.9% of the Grodno Oblast's export to the Russian Federation...