Business news

Trade between Belarus, Russia’s Tatarstan up in 2022
The delegation from Tatarstan includes representatives of the companies interested in establishing close ties with Belarusian business in such sectors as petrochemistry, supplies of steel products, component parts, polymer products, construction materials, etc. ...

PM: 11.7bn kWh of electricity generated by first unit of Belarusian nuclear power plant
Belarusian Prime Minister Roman Golovchenko said during a meeting with Director General of the Rosatom state corporation Alexey Likhachev...

PM: Prices are under control in Belarus
He also emphasized that in terms of prices, not only administrative control is important. Supply and demand play a role in pricing as well...

Governor: Kaluga Oblast maintains fruitful ties with Belarus
"Mutual trade is growing: it increased by half last year. The volume of trade operations is estimated at $230 million - this is almost one third of the region’s trade with the CIS countries"...

Belarus’ State Authority for Military Industry sells to 57 countries in 2022
"A lot of logistical flows have been redirected. We work steadily and do not see any global problems in front of us"...

Belarus' government approves agreement on mutual recognition of academic credentials with Cuba
The Ministry of Foreign Affairs was instructed to send a notice that Belarus had completed the domestic procedures necessary for the entry of the agreement into force...

Belarusian marketing center to promote Belarus-India business contacts
Director of the Belarusian National Center for Marketing Nikolai Borisevich held an online meeting with President of the All India Association of Industries (AIAI) Vijay Kalantri...

Saudi Arabia interested in strengthening cooperation with Belarus
The Belarusian side expressed readiness to provide assistance in the study of the Belarusian market and presented specific proposals in terms of market research, a webinar presentation of export opportunities of Belarusian enterprises, in particular manufacturers of farm machines...

Great Stone to host exhibition of Chinese goods, services
The key objective of the event is to establish cooperation and build procurement channels between Belarusian businesses and Chinese manufacturers...

Net FDI in Belarusian economy up 15% in 2022
“In 2022, the Belarusian economy received $1.5 billion of net FDI, up 15.3% compared with a year ago,” Belarusian Economy Minister Aleksandr Chervyakov said...

Ambassador: Belarus is ready to supply products to Yemen
The Belarusian ambassador assured Belarus’ readiness to supply a wide range of products to Yemen for the needs of economic recovery - food, medicines, trucks, tractors, agricultural and road-building equipment...

Belarus takes part in Prodexpo in Moscow
The Made in Belarus exposition is very popular among visitors because the Belarusian brand has long been known in Russia and abroad, which helps to promote new and existing brands of participating companies...

NAIP’s partners from S Korea show interest in Belarusian start-ups
An automatic drone-guided plant protection system, a grain harvest scanner, an energy-saving greenhouse… These and other investment projects worth about $20 million were presented to partners from the Minsk Office of the Korea Trade and Investment Promotion Agency (KOTRA) at a meeting hosted by NAIP...

Lukashenko approves state investment program for 2023
Almost Br1.15 billion will be earmarked to finance the facilities included in the program, of which Br891 million...

Belarus’ Amkodor seeks to expand cooperation with Egypt
Agreements were reached with representatives of private companies on a visit to Amkodor in February for further negotiations, a familiarization tour around the enterprises affiliated to the company, and also the discussion of supplies of machinery produced in Belarus...

Belarusian central bank plans to enhance efficiency of monetary policy
Chairman of the Board of the National Bank Pavel Kallaur delivered a report to the head of state on the planned changes to the Banking Code...

Belarus, Russia discuss industrial cooperation, import substitution
Dmitry Krutoi stressed that the intensity of Belarusian-Russian contacts has lately increased. He emphasized the important role of cooperation between the regions of the two countries in strengthening multipronged Belarusian-Russian relations, and said that he would continue visiting Russian regions in the near future...

Belarus, Uzbekistan discuss prospects for expanding cooperation
The parties also reviewed the approaches of Belarus and Uzbekistan to the joint and investment projects, including within the framework of interregional cooperation...

Communications sector GVA at 6.6% of Belarus GDP in 2022
In 2022, the communications sector GVA accounted for 6.6% of Belarus' GDP, including: information technologies and information services - 5%, telecommunications - 1.4%, postal service - 0.2%...

China-Belarus industrial park Great Stone to cooperate with China-SCO online platform
The document aims to optimize, within the framework of online platforms, trade in industrial products, to promote cross-border commerce and to increase the investment attractiveness of Great Stone...