Business news

MTZ products on display at international agricultural fair in Bulgaria
The fair covers all areas and branches of agriculture - from agricultural products and equipment to science, innovations and services...

New company of China-Belarus Industrial Park Great Stone to specialize in logistics
The new resident company - Bel-Nord Logistics LLC - was founded by a Chinese company specializing in international logistics...

Belarus, Iran to step up economic cooperation
Ways to step up trade and economic cooperation between Belarus and Iran were discussed during a meeting between Belarusian Minister of Antimonopoly Regulation and Trade Aleksei Bogdanov and Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to Belarus Saeed Yari...

Opinion: Belarus, Russia are effectively resisting West’s illegal sanctions
The economist noted that the attempts to strangle the two countries economically should by challenged by joint strategies in production digitalization, biotechnology, pharmaceuticals, microelectronics, space and other areas. All this will help get away from dependence on components from unfriendly countries...

Russia’s Leningrad Oblast shows interest in Belarusian MAZ vehicles
A delegation led by the head of the Russia’s Leningrad Oblast Committee on Transport Mikhail Prisiazhniuk visited MAZ to explore its vehicles and manufacturing facilities. The delegation also included representatives of the regional carrier companies...

Belarus, Russia’s Kirov Oblast decide on steps to promote cooperation in 2023-2026
“Amidst a huge pressure associated with the sanctions, we should strive to work out product supplies with each Russian region, we need to come up with such forms of import substitution that would enable us to complement each other economically and facilitate the supply of common products to the markets of third countries,” the Gomel Oblast governor emphasized...

Prospects for cooperation between Belarus, India discussed in Minsk
The National Center for Marketing and the Global India Business Forum held a video conference on the prospects for cooperation between Belarus and India in science, technology, education and information technology...

Putin happy about growing opportunities for Belarus-Russia cooperation
The Russian president noted that Belarus was able to preserve enterprises left over from the Soviet years and bring them to a new level of development...

Astrakhan Oblast governor opines on cooperation prospects with Belarus
Astrakhan Oblast keeps buying elevators from Mogilevliftmash. “The region needs to replace about a thousand elevators,” the governor informed...

PM: Two-fold rise in trade between Belarus, Russia’s Astrakhan Oblast
The Astrakhan Oblast delegation will also tour a number of industrial enterprises of Belarus, including Mogilevliftmash...

Belarus’ ambassador visits Russia’s Sverdlovsk Oblast
"The trade of the Republic of Belarus with Sverdlovsk Oblast increased by 52.1% in 2022. In particular, the Belarusian export rose by 63.1%, and import expanded by 39.1%"...

Belarus advised caution at a time of geopolitical turbulence
Aleksandr Lukashenko stressed that Belarus has long been working on diversification and consistently pursues this policy. At the same time, the Russian market remains the main one for Belarus...

Agreement on unified industrial policy expected to give new impetus to Belarus-Russia integration
The document was drafted in furtherance of the Union State unified industrial policy program. The program is an integral part of the 2021-2023 guidelines for implementing the Union State Treaty...

Trade between Belarus’ Minsk Oblast, Iran up tenfold in 2022
Minsk Oblast Governor Aleksandr Turchin met with Iranian Ambassador Saeed Yari. Belarus and Iran interact at a very high level, Aleksandr Turchin noted. Belarus and Iran have long been under the sanctions...

Belarus to take part in healthcare exhibition in Russia’s Novosibirsk
The exhibition will highlight medical equipment, medical supplies, medical tourism, IT in healthcare, pharmacy, etc...

Minister: Inflation is slowing down in Belarus
According to Aleksei Bogdanov, there are plans to implement a joint price stabilization program of the government and the State Control Committee for 2023...

Abramenko: Belarusian-Russian economic relations continue to gain momentum
The bilateral negotiating group is working to eliminate complex issues arising in the course the interaction of Belarusian and Russian business entities...

Lukashenko against indiscriminate merger of struggling collective farms
The government suggested passing a presidential decree to put in place another set of measures to deal with struggling agricultural companies. To be more specific, the government wants these companies to become part of state-owned enterprises...

Centers serving state-financed organizations under scrutiny in Belarus
A draft decree to expand the functions of the centers that provide services to state-financed organizations was submitted for consideration of the head of state...

Belarus, Sudan ready to consider new avenues of cooperation
Special consideration was given to the Belarusian experience in the field of price control and regulation. According to the ambassador, this mechanism for combating the inflation can be very useful to Sudan...