Business news

Ufa to host Belarus-Russia Forum of Regions on 26-28 June
The ninth installment of the Forum of the Regions of Belarus and Russia was held in Grodno on 30 June - 1 July 2022. It was themed around "The role of interregional cooperation in advancing the integration in the Union State”. Agreements and contracts were signed forRUB65 billion, or Br2.5 billion...

Participation in Innoprom to help Belarus expand industrial cooperation with Russia
The Belarusian Industry Ministry will showcase its most advanced technology at the International Industrial Trade Fair Innoprom...

Minsk to host sci-tech expo Intellectual Belarus on 20-22 January
The exhibition will be multidisciplinary. “The National Academy of Sciences does not represent the country’s entire science. There are 239 scientific organizations registered in the country, 78 of them are run by the National Academy of Sciences, 35 belong to the Education Ministry, 26 are administered by the Healthcare Ministry, 18 are part of the Industry Ministry, and so on. We invited all interested parties to take part in the expo,” noted the first deputy chairman of the Presidium of the National Academy of Sciences...

Russia’s Irkutsk Oblast shows interest in Amkodor vehicles
The delegation expressed interest in road-building equipment produced by Amkodor for the maintenance and repair of roads of Irkutsk Oblast...

Belarus, Sri Lanka discuss possible forms of business cooperation
The parties also discussed possible formats of business cooperation between the two countries and ways to inform Sri Lankan foreign economy authorities about ways of interaction with the center...

MAZ ships 10 trolleybuses to Russia’s Ryazan
The new trolleybuses are equipped with the climate control system, electronic route markers, modern automatic audio informers for announcement of stops, video recording cameras, and automatic passenger traffic counters...

Lukashenko approves draft agreement with Zimbabwe on promotion, mutual protection of investment
The president authorized the Economy Ministry to negotiate the draft agreement, and make amendments of no principle if necessary...

Belarus’ Industry Ministry companies ramp up exports to CIS in January-November 2022
Over this period, the total exports of the manufacturers affiliated with the Industry Ministry grew by 14.1%, the imports inched up by 1.7%. Thus, the companies had a trade surplus...

Over 11bn kWh of electricity generated by first unit of Belarusian nuclear power plant so far
Systemic work continues to add locally available fuels to the country’s fuel and energy budget and develop renewable energy sources. The output capacity of the country’s renewable energy sources increased by more than six times in the last nine years – from 93MW to 608MW as of late 2022...

Export growth of Belarus’ industrial goods in 2022 estimated at about 15%
The export to the Russian market was the highest on record: the export expanded in absolute terms by over 66%, and the share of the Russian Federation in Belarus’ total exports is expected to reach 75% against 55% in the previous year...

Belarus’ light industry export to Russia up by 30% in 2022
Belarus supplied light industry products to 71 regions of the Russian Federation in 2022. The volume of supplies to 65 of them increased over 2021. All in all, the light industry export to the Russian market rose by 30%...

Golovchenko reviews performance of Baranovichi Cotton Production Amalgamation
According to him, it would be wrong for the company to take the path of least resistance and buy ready-made fabrics...

Plans to promote business contacts between Belarus, Pakistan
Director of the center Nikolai Borisevich took part in the sixth meeting of the Belarus-Pakistan commission on trade and economic cooperation...

Belarusian commodity exchange, Uzbekistan embassy outline priorities of cooperation for 2023
Promotion of trade in timber and agricultural products, development of import substitution and holding joint business events have been identified as priority areas of cooperation between the Belarusian Universal Commodity Exchange (BUCE) and the Embassy of Uzbekistan in Belarus...

Pakistan promises favorable terms to Belarusian private sector
Khurram Dastgir said: “We have a number of proposals, including free economic zones, various tax benefits and regimes that can be used as well as the possibility of setting up joint ventures in Pakistan. We are interested in selling such products not only in Pakistan and Belarus but also in third countries in the future”...

Belarus, Pakistan agree to expand cooperation
In particular, Belarus is interested in stepping up deliveries of industrial goods to Pakistan. The possibility of selling Belarusian passenger vehicles, municipal vehicles, agricultural machines, mining machines, and textile industry products to Pakistan was discussed...

Belarus interested in selling agribusiness products, agricultural machines to Pakistan
Viktor Karankevich stressed the two countries have good prospects for transition from simple trade to manufacturing cooperation, to the establishment of joint enterprises in spheres of mutual interest...

Belarus’ economic dividends from integration with Russia pointed out
Roman Golovchenko is convinced that the previously adopted policy towards integration with Russia and towards the realization of Union State programs had been the right and timely move...

Prime minister: Belarus has secured a surplus in trade with Russia for the first time ever
"In January-November 2022 the mutual trade in merchandise and services reached a historic high of $45 billion. I believe that once statistics for the 12 months is summarized, we will be able to exceed $50 billion"...

Belarusian BelAZ ships six 220-tonne haul trucks to Russia’s Kemerovo Oblast
The new haul trucks meet international environmental standards and are designed to operate in complicated climate conditions while using fuel and lubricants of Russian make...