Business news

Belarus, Hungary reaffirm interest in maintaining business contracts
A number of B2B negotiations were held during the visit. The Belarusian delegation also toured the Belarus Tractor enterprise which has many years of experience in supplying Belarusian tractors to Hungary...

Good sales of Belarusian goods via Chinese platforms Douyin, Jingdong
According to the source, the most popular products sold via the Belarusian digital storefront include sweets, cookies, snacks (Spartak, Vitba). An industrial sector of the pavilion is getting ready to open...

Beltamozhservice to build logistics hub in China-Belarus industrial park Great Stone
Beltamozhservice is now considering all the freight shipment directions. “Trade logistics is rapidly changing. We are expanding cooperation with countries. New partners are appearing. Among other countries we work with Türkiye, Persian Gulf countries, India, China,” he concluded...

Belarus-China park Great Stone expects 100th resident company in 2022
Head of the Great Stone Park Administration Aleksandr Yaroshenko told the media after a ceremony to present registration certificates to six new resident companies, which was held as part of a series of the events to mark the October Revolution Day...

Rostov Oblast offers Belarus its port services
According to him, infrastructure upgrade and development is needed in view of the increased workload on Rostov Oblast...

Belarusian foods on display in Kazakhstan
Taking part in the expo are leading food industry enterprises, which showcased their best products and innovations starting with fabrication lines and equipment and ending with a broad range of foods and beverages...

Correct specialization believed able to accelerate economic development in Belarus’ regions
According to Yuri Chebotar, by focusing on manufacturing industry as the main growth point Petrikov District has been able to demonstrate a faster development pace in comparison to the rest of the oblast. In January-September 2022 the industrial output rose by 2.8 times, which is way higher than the oblast’s and the country’s averages...

Rostov Oblast export promotion center gets broker status at Belarus’ commodity exchange
As of 1 November 2022, a total of 56 companies from Rostov Oblast were accredited at the BUCE. The number of transactions over the ten months totaled $2.1 million...

Belarusian Industry Ministry recounts import-substitution projects with Russia
Belarus has the necessary competencies. But in order to fully meet the demand of the Russian market after Western companies have withdrawn from the Russian market Belarus needs to significantly expand its production capacities or modernize them...

Belarusian Amkodor set to increase sales to Russia’s Rostov Oblast
The matter was discussed during a meeting between the company's representatives and Sergei Sizikov, Minister of Housing and Utilities of Rostov Oblast...

Belarus’ online pavilion opens at China International Import Expo
The pavilion showcases Belarus’ achievements in key economic sectors: woodworking, automotive industry, petrochemical industry, light industry, agriculture and food production, pharmaceuticals and medicine, science, technology and education, and tourism...

Belarus’ priorities in Shanghai Cooperation Organization identified
Roman Golovchenko said: “Belarus’ priorities within the framework of the Shanghai Cooperation Organization remain unchanged and are in full compliance with the organization’s key document – the Shanghai Cooperation Organization Charter”...

Ten million tonnes of grain, including rapeseed and maize, threshed in Belarus
On the morning of 1 November, grain and leguminous crops (including maize) were harvested from 2.32 million hectares, which is 96.5% of the plan...

Belarus to attend MUSIAD EXPO in Turkiye
The exposition of BSU will display achievements of its scientists and researchers in mechanical and instrument-making, chemistry and medicine, food industry and biotechnologies...

Belarusian products on display at chemical expo in Moscow
Taking part in the expo are top Belarusian petrochemical companies: Mineral Wax Plant, Grodno Azot, Naftan, Mozyr Oil Refinery, Lakokraska, SvetlogorskKhimvolokno. They showcase their best products and services as well as their latest goods...

PM: Belarus’ foreign trade surplus has hit $3.5bn, which is encouraging
The head of government told Aleksandr Lukashenko that the export has been on the rise since April. “In August, the export was better than a year ago in terms of money,” he specified. In March almost half of Belarusian exports was under real threat, there were difficulties with transportation, settlements, and so on...

PM forecasts stable growth of Belarus’ GDP in 2022
During his report to the head of state, Roman Golovchenko said that the GDP decline was stopped in July 2022: “GDP added 0.2% in September and another 0.3% up is expected in October”...

Governor on cooperation with Mongolia: Success depends on commitment to work together
Mogilev is hosting a delegation from Bulgan Province of Mongolia. It includes the governor, representatives of agriculture, culture, specialists in supply and food, heads of districts and entrepreneurs...

Belarusian Universal Commodity Exchange considering trade in greenhouse gas emission quotas
In addition to CO2 quotas, which have a period of validity, the Belarusian Universal Commodity Exchange could trade in perpetual carbon offsets, which reflect efforts meant to compensate the damage caused to the environment by greenhouse gas emissions...

Export of Belarusian peat fuel products 2.3 times up in January-September
Peat briquette plants sold more peat fuel on the home market and abroad...