Business news

First unit of BelNPP generates 10 bn kWh of electricity
The generated electricity allowed substituting about 2.8 billion m3 of natural gas and preventing the emission of 4.3 million tonnes of greenhouse gases into the atmosphere...

Gomel-Raton, St. Petersburg Technopark sign cooperation agreement
The parties presented the opportunities, their business environment, and also outlined the areas for further cooperation...

Indian company makes first transaction at Belarusian commodity exchange
The transaction to buy 23 tonnes of Belarusian acetone cyanohydrin was made by Tosco Pharmachem, an Indian pharmaceutical company recently accredited with BUCE. It produces a wide range of chemical compounds and reagents for the pharmaceutical industry...

Bobruiskagromash to ship batch of farming vehicles to Madagascar in 2023
Riana Solofo Lala, head of Bemaco, the dealer center of Bobruiskagromash in the Republic of Madagascar, paid a working visit to the Belarusian enterprise...

Belarusian merchandise export to Armenia up by 72% in 2022
In January - September 2022, the trade between the two countries amounted to $128.5 million (206.2% as against the same period last year)...

Belarus raises export duties on oil, oil products
In line with the resolution the size of the export duty on crude oil, furnace oil, oil bitumen, petrolatum, paraffin, and waste oils is now $43.3 per tonne ($42.7 previously)...

Dynamics of Belarus-Armenia trade described as excellent
Belarusian Vice Prime Minister Piotr Parkhomchik said at a meeting with Armenian Economy Minister Vahan Kerobyan...

Belarusian commodity exchange is easing accreditation rules for Turkish companies
In order to obtain an electronic digital signature and become a participant in exchange trading, it is enough for a Turkish company to provide BUCE with a minimum package of documents. The accreditation procedure itself is carried out via the internet and usually takes only one working day...

Belarus, Hungary discuss business cooperation
The parties emphasized the interest from business of both states in intensifying business contacts...

Belarus, Sudan to develop cooperation in agriculture
Agriculture and Food Minister Igor Brylo held a working meeting with Ambassador Extraordinary and Plenipotentiary of Sudan to Belarus Mohammed Omer Musa Ali...

What is the secret of Belarusian dairy products? The story of global success
Children, drink milk and you will be healthy. You probably remember this funny song from a cute Soviet cartoon. Did you know that Belarus is one of the five top exporters of dairy products? Today Belarusian dairy products can be found on shelves of supermarkets in almost 50 countries across the globe...

MAZ showcases electric vehicles at BW Expo in Moscow
In particular, MAZ has presented the electric bus MAZ 303E20 of a large class designed for urban transportation. The electric bus is assembled from Belarusian and Russian component parts and is fitted with a traction engine control unit, traction batteries and a multiplex system manufactured by the Russian company Itelma...

Belarus’ international reserve assets expected at $6 bn in 2023
The National Bank will focus on counteracting systemic threats to financial stability and on building up capacity of banks to provide credit support to the economy as it is undergoing structural transformation and adaptation to a new environment...

Belarus’ foreign trade surplus in 2023 projected at $1.6bn
It is expected that the sanctions will remain in place, the global inflation will be rather high, the global economic growth will slow down. In order to minimize the negative impact of external factors, the state economic policy provides for redirecting exports and building new transport and logistics routes...

Belarus, China to implement 35 sci-tech projects by 2024
Chairman of the State Committee for Science and Technology Sergei Shlychkov told journalists at the fourth meeting of the commission on sci-tech cooperation of the Belarus-China intergovernmental committee on cooperation...

Belarusian Cement Company, Murmansk Sea Fishing Port discuss cement shipment
Belarusian Cement Company is aimed at organizing supplies in new directions, while Murmansk Sea Fishing Port - at replenishing its client and partner base...

Chinese Lutta-Pak considering packaging production in Belarus
Bilateral documents were signed on cooperation with the Agriculture and Food Ministry and OAO Management Company of the Holding Belorusskie Oboi...

BelAZ showcases innovations in Russia’s Kirovsk, Yekaterinburg
The BelAZ Trading House and its official dealers Avtotekhinmash and BelTransLogistik took part in two events dedicated to new technologies in the mining industry...

Belarus’ main monetary management guidelines for 2023 approved
There are plans to keep interest rates in the economy at a positive level in real terms in order to keep deposits attractive and use it as a source to give loans to the economy...

Belarusian PM comments on talks with governor of Russia’s Primorye Territory
Oleg Kozhemyako noted that plans are in place to sign an agreement on the supply of road and utilities vehicles. He also stressed the interest in Belarusian electric buses...