Business news

Belarus’ Gomel Oblast, Russia’s Bashkortostan intend to promote ties
He expressed confidence that the establishment of business contacts will allow partners to shore up the economy and strengthen interregional ties...

Belarus, Sri Lanka discuss cooperation in trade, economy
The interlocutors agreed that it is necessary to hold a series of events to inform the business communities of Belarus and Sri Lanka about the economic potential of the two countries...

Belarus, China discuss cooperation in medical equipment production
The parties discussed cooperation plans, in particular, launching a company that will make medical equipment and component parts in the Great Stone industrial park...

Bellegprom companies grow exports to Russia by third in 2022
Key exports are hosiery and corsetry, fabrics, yarn, knitwear and ready-made clothing, shoes, carpets...

Belarus’ BelAZ to ship 220-tonne haul trucks to Russia’s Murmansk Oblast
The first four haul trucks have already arrived at the plant and are undergoing stage-by-stage assembly and pre-start tests...

About 1,400MW worth of new power-generating facilities commissioned in Belarus in last five years
Construction and reconstruction of power lines and the commissioning of power transformer facilities helped improve reserves of the united power grid by a lot...

Ambassador: Belarus-China trade rose more than 80 times in 31 years
According to the Chinese side, trade between China and Belarus increased from $60.8 million at the start of diplomatic relations to $5.08 billion in 2022, i.e. more than 83 times...

First company from Mongolia accredited at Belarus’ commodity exchange
Thus, BUCE’s geography has expanded to include 71 countries on four continents...

Companies from Belarus, Russia’s Tatarstan in agreement on civil aircraft manufacturing cooperation
A Belarusian delegation led by Director General of Minsk Civil Aviation Plant No.407 Vladimir Pekarsky is in the Republic of Tatarstan, Russian Federation...

High-tech products account for over third of Belarus’ export
The share of knowledge-intensive and high-tech products stood at 37.5% of the total Belarusian export in January-September 2022, with the plan set at 34%. According to preliminary estimates, the index of innovatively active manufacturing organizations will make up 30.4% of the total in 2022...

Belarus ratifies agreement with Russia on indirect taxes
The document has been worked out with a view to deepening economic cooperation, eliminating tax barriers in mutual trade and investment, promoting systematic cooperation and mutual assistance of tax authorities of the countries in preventing indirect tax evasion, including in cross-border trade...

Despite sanctions Belarus shows robust economic growth in 2022
“In general, many of our traditional industries have worked well. Agriculture ensured a 3.6% growth, with a good harvest of grain and legumes, colza, flaxseed,” the deputy minister added...

Belarus, Russia’s Bashkortostan intend to step up trade
Belarus and Russia’s Bashkortostan are committed to ensuring continued growth of trade, chairman of the Belarusian state petrochemical concern Belneftekhim Andrei Rybakov, who oversees the interaction with this Russian region...

Belarus' MAZ shows interest in cooperation with Bashkortostan
According to Rustam Muratov, the government of Bashkortostan is interested in the implementation of large joint projects, which will be able to meet the needs of the region in various types of equipment...

Kochanova: Belarus' government system proved its worth in 2022
According to the speaker, the Belarusian economy performed well in the difficult year of 2022. "Despite the sanctions pressure, the problems in terms of exports, the economy worked well. Enterprises functioned steadily, wages were paid," she stressed. "People have the opportunity to work, and our products are exported"...

Belarus' central bank to reduce refinancing rate to 11.5% on 23 January
The interest rate on overnight loans will be decreased from 13% to 12.5%, with the interest rate on overnight deposits down from 11% to 10.5% per annum...

Andreichenko: Belarus-Kyrgyzstan relations rely on a solid foundation of friendship, support
According to him, the recent years have seen a significant increase in bilateral trade. "About $100 million in 2021, a growth of almost 1.5 times in 2022, as far as I know from preliminary estimates. This, of course, represents very good progress"...

Turkish business looking for partners in Belarus
Director of the National Center for Marketing of Belarus Nikolai Borisevich has met with Chair of the Production and Trade Board of Turkey Özkan Pinar...

Belarusian ambassador meets with governor of Moscow Oblast
Ambassador of Belarus to Russia Dmitry Krutoi held talks with Governor of Russia’s Moscow Oblast Andrei Vorobyov...

Belarusian commodity exchange to cooperate with Siberian Federal District of Russia
Regional export promotion centers should promote the ideas of exchange trade and help attract small and medium-sized businesses interested in entering the market of Belarus and third countries...