Business news

EAEU lauded for great strides in leveling playing field for economic agents
In his words, the most important issue is the formation of common energy markets on fair terms...

Belarus attends Forum on Eco-Farming in South Korea
Andrei Chernetsky added that Belarus was implementing the Precision Farming project. It envisages a pilot project Digital Field to develop a digital copy of an agricultural enterprise...

Belarus invited to join Myanmar’s industrialization projects
According to Min Aung Hlaing, Belarus is a strategic partner for Myanmar...

Belarus suggests joint manufacturing project to Armenia
"We are considering cooperation in mechanical engineering, setting up of joint ventures. Belarusian elevators are very much in demand in Armenia. We participate in the elevator replacement program. Belarus’ Mogilevliftmash came up with an initiative to establish an elevator production in Armenia - an assembly plant with the localization of certain elements. The project means new machine-building competencies and new jobs for Armenia,” the prime minister said...

8th Belarusian Space Congress scheduled for 25-26 October
Participants of the congress are expected to hear out over 120 speeches by scientists and specialists from Belarus, Russia, China, and Uzbekistan...

New system of price regulation in Belarus explained
Manufacturers will need to get approval for the increase in selling prices from government bodies, regional executive committees and the Minsk City Council...

Belarusian Belgospishcheprom eager to increase export by 10-15% this year
Oleg Zhidkov said: “In January-September 2022 Belgospishcheprom’s export growth rate totaled 107% as against last year’s level. The figure can grow up to 110-115% at the end of the year. At present all the markets demonstrate high effectiveness from the point of view of profit margins and sales dynamics. All the Belgospishcheprom enterprises are meeting their export quotas”...

Belarus, Tula Oblast to intensify cooperation in import substitution
According to BUCE, in January-September 2022 exchange transactions by business entities of Tula Oblast on BUCE amounted to about RUB85 million, up 2.4 times year-on-year...

Transit of Belarusian cargoes via Russian sea ports up by 2.2 times in January-September
"Currently, we use 14 ports of the Russian Federation for Belarusian export cargoes. We deliver Belarusian export cargoes using the ports of the North-Western region of Russia, the ports of the Black Sea and Azov Sea, along land routes towards China,” Anatoly Sivak said...

Belarus builds new logistics chains for rail freight transport to China
“A total of 690 container trains were sent from Belarus to China in January-September 2022,” the deputy prime minister said...

Belarus, Tajikistan consider mutual processing of rawhides
“In the near future, two Belarusian specialists will be sent to Tajikistan. They will conduct monitoring there. There is a big volume of leather raw material in Tajikistan - 1,500 cattle per year, their hides can be used as material,” the Bellegprom head said...

Belarus, India mull over joint company to make drones
According to the chairman of the Presidium of the National Academy of Sciences, Belarusian drones are in demand not only in the domestic market. They have been sold to Vietnam and a number of Central Asian countries. Negotiations were held with Egypt...

Lukashenko reviews state of affairs in Belarusian agribusiness
Aleksandr Lukashenko pointed out that everything must be done this year, including fall ploughing. Problems were also certainly reviewed: Belarusian farmers are a bit late gathering in flax and potatoes this season...

Belarus set to reduce greenhouse gas emissions by 35% by 2030
The Ministry of Natural Resources and Environmental Protection is currently working on a law on atmospheric air protection, and a new version of this document has already been worked out. The law will help improve environmental protection activities and ensure an even greater reduction of emissions into the atmospheric air...

China’s CITIC Construction projects in Belarus discussed
The parties discussed the progress of bilateral cooperation projects in the promising areas identified by Belarusian President Aleksandr Lukashenko during his meeting with Yang Jianqiang in Minsk on 22 September...

Tentative plans for setting up microelectronics industrial group in Belarus
Vladimir Gusakov suggested that Integral Company or the National Academy of Sciences of Belarus should head the industrial group...

Minsk Tractor Works to supply 103 BELARUS tractors to Armenia
The contract was signed at the Belarusian Embassy in Armenia on 18 October during a working visit of MTZ Director General Vitaly Vovk...

Belarus suggests supplying and assembling its machinery in Panama
Belarus is also interested in importing tropical fruits from Panama. These products can be supplied not only to the Belarusian market, but also to other EAEU member states through Belarus...

Belarus’ commodity exchange to take part in MUSIAD EXPO in Istanbul
Visitors to the stand will be able to get detailed information about the core activities of the exchange, the most traded commodities, accreditation procedure and rules of participation in trading for non-resident companies, as well as the benefits of using the exchange mechanism for doing business in Belarus and third countries...

Belarus’ export to Russia up by 30%, China by 2.5 times
According to him, in January-August the export to the Russian Federation approached $14 billion, and the trade between the two countries amounted to about $27 billion...