Business news

Record-high Belarus-Russia trade expected in 2022
In view of the growing Belarus-Russia trade, investment activity, and the realization of important import-substituting projects Dmitry Krutoi and Andrei Rudenko mentioned the need to expand diplomatic presence at the regional level. They agreed to continue contacts for the sake of promoting the Belarus-Russia dialogue at all levels...

Strong confidence in continued growth of Belarusian transport industry amid sanctions
In his words, increasing the volume of transportation is a number one priority. The relevant capacity is available. “Everything that needs to be transported will be transported,” the deputy prime minister assured...

PM: Belarusian exports are recovering
"Every month the foreign trade balance is improving. At the moment the surplus is $2.3 billion, and we expect it to increase by $500 million in August"...

Lukashenko unhappy with proposed entrepreneurship bill
The president ordered to more clearly define the types of activities that artisans, individual entrepreneurs and legal entities can engage in...

Plans to adjust taxation of small businesses, self-employed workers in Belarus
The bill suggests a new breakdown of the small business sector. It will include three categories: self-employed individuals, self-employed businesspersons, and legal persons (micro and small enterprises)...

Amendments proposed to agro-ecotourism law in Belarus
"The sector is very important in terms of modernizing rural infrastructure, creating jobs, preserving and augmenting our national cultural traditions, cherishing respect for nature"...

Belarus PM unveils plans for cooperation with Russia’s Murmansk Oblast
According to Roman Golovchenko, the enterprises of Murmansk Oblast have traditionally been supplying raw materials which are vital for the Belarusian industry...

BelCCI head gives his take on cooperation with Russia, China
This year there are plans to present the national exposition of Belarus at the international import exhibition in Shanghai, which is due to take place on 5-10 November...

Belarusian products on display at expo in Tajikistan in October
Food industry, agriculture, mechanical engineering industry, civil engineering, woodworking, healthcare, pharmaceutics, petrochemical industry, science and education will be represented at the expo...

Lukashenko: Belarus will redirect some of its exports to Murmansk Oblast ports
The trade between Belarus and Murmansk Oblast exceeds $100 million per year. According to Aleksandr Lukashenko, this is a good result, but the parties can do much better...

Kalmykia interested in buying Belarusian lumber
The parties made plans to increase trade between Belarus and Kalmykia this year, to further deepen cooperation in manufacturing, transport, logistics, roads, science and culture, and outlined specific steps to implement the agreements reached...

Belarus, Russia’s Kalmykia discuss transport, logistics projects
The parties confirmed their interest in strengthening partnerships and expanding trade and economic relations...

Belarus harvests grain, legumes on 98.9% of area
Belarusian agricultural workers have cleared 96.2% of the area under rapeseed or 345,000 hectares, threshed 876,700 tonnes of this crop with the average yield at 25.4 centners per hectare...

Belarus, Russia to sign agreement on common rules of competition
Head of the Federal Antimonopoly Service (FAS) of Russia Maksim Shaskolsky told the media on the sidelines of the international conference marking the 30th anniversary of antitrust regulation in Belarus on 7 September...

Belarus’ harvest reaches 9m tonnes of grain
“Belarusian agricultural workers have threshed 9,011 million tonnes of grain including rapeseed. This is 1.5 million up from the same period last year. The average yield across the country is also higher than the previous year’s figures,” head of the crop farming department of the Belarusian Agriculture and Food Ministry Nikolai Leshik said...

Belarus, Hungary discuss business cooperation, ministerial dialogue
The parties discussed a wide range of trade and economic issues, including topical aspects of bilateral trade and prospects of investment cooperation...

Belarusian delegation attends food expos in Istanbul
As a result of the talks agreements were reached on considering cooperation matters of mutual interest...

International economic cooperation forum to open in Minsk on 9 September
Over 100 foreign delegations have already confirmed their plans to participate in the forum. The delegations will come from Uzbekistan, Palestine, Pakistan, Moldova, Azerbaijan, Armenia, Kazakhstan, China, Vietnam, and other countries...

Belarus reports record-high export figures amid Western sanctions
"Export is the most important thing in import substitution. This is why I am pleased to state that Belarus’ export has been growing for four months in a row. The foreign trade surplus was traditionally record-high in the last few months"...

Belarus’ trade balance with China up almost $700m
“In January-July the export increased by 97% and the balance improved by almost $700 million, which is very important for us, taking into account the loss of preferential markets - the European Union and Ukraine,” said Nikolai Snopkov...