Business news

Belarus’ output of import-substituting products to total $25bn in 2022
Belarusian Economy Minister Aleksandr Chervyakov said before a meeting of the Presidium of the Council of Ministers...

Belarusian engine manufacturer MMZ set to increase foothold in Russian market in 2023
Deputy Director General Ivan Bakun is confident that MMZ will expand cooperation with Russian partners in 2023...

Belarusian commodity exchange to tap into cooperation with export promotion centers of Russia
Cooperation opportunities were considered at an online conference organized by the Trade Representation of the Russian Federation in the Republic of Belarus...

Belarus sees surge in tourist arrivals from Russia in 2022
In 2022 the export of tourism services to Russia amounted to $119 million, which is twice as much compared to the last year...

Expert names industrial sectors for Belarus, Russia to cooperate in
According to the expert, one of the 28 Union State integration programs, approved by the Supreme State Council of the Union State in November 2021, namely the 20th, is focused on a common industrial policy...

Kochanova: Belarusian industry is capable of making unique component parts
We need to develop cooperative chains between economic entities, stressed the speaker...

PM: Belarus’ export to Russia might reach a record $22-23bn by year-end
According to him, the share of Belarus in Russian imports is growing across almost all commodity groups...

Lukashenko congratulates Belarusbank on 100th anniversary
Today Belarusbank is the leader of the domestic financial market. It has an extensive network of branches and offices providing services for individuals and corporate clients all over the country, the president noted...

Belarus’ finance minister reviews budget execution in 2022
A testimony to the stable execution of the budget is timely payment of salaries to public sector employees, as well as pensions, and so on. More than that, there are plans to increase them...

Belarus’ Lepel District to strengthen cooperation with Russian regions
Lepel Dairy and Canning Plant, one of the main enterprises of the district, is also focused mainly on the Russian market which accounts for 62% of the company’s exports. There is a high demand for whole and skimmed milk and butter from Lepel producers among the residents of the Russian Federation...

Belarusian laptops made by Horizont shipped to retailers
"The first Belarusian laptop was released to the market as the model H-book MAK4. It is a Belarusian product that relies on cutting-edge experience and technologies. It is a modern computer, which quality and performance are on par with established brands"...

Timber worth $12.3m sold to China via Belarusian commodity exchange
According to the BUCE, this has been a record-setting trading session in terms of both the volume of transactions and the amount of the material sold to China. Three Belarusian sellers and 13 foreign buyers took part in the session...

Belarus, Russia’s Krasnodar Territory discuss cooperation projects
The parties examined the prospects for cooperation in industry, agriculture, construction, housing and utilities services (supply of elevators, waste processing and water treatment technologies)...

Belarusian commodity exchange intends to step up cooperation with pharmaceutical companies
Deputy Head of the Customer Service Department at BUCE Valery Nechay said at a web-based seminar for pharmaceutical companies of Belarus and Russia...

Vice premier: Belarus is among world leaders in per capita cropland area
“The development of agro-industrial complex in our country is one of the priorities of the state policy. This is the most important area of human activity, which defines not only the wealth of the nation, but to a great extent the social and political stability in the society,” said Leonid Zayats...

Belarus, Uzbekistan to hold women’s business forum in 2023
Chairwoman of the Council of the Republic of the National Assembly of Belarus Natalya Kochanova told the media after a meeting on international cooperation with representatives of the Belarusian Women’s Union...

Gomselmash looks into technical aspects of cooperation with Turkish company
The company's trade representative from Istanbul Yunus Camlitepe confirmed the readiness to cooperate with the Belarusian side. He noted that they tentatively expect volumes equivalent to millions of US dollars...

Expert names most promising areas of Belarus-Russia sci-tech cooperation
Now space is the breakthrough area in the sci-tech cooperation between Belarus and Russia...

Trade between Belarus, Russia’s Kabardino-Balkaria up by 61% in January-September
Major exports to Kabardino-Balkaria were steel products (mainly fittings) by Belarusian Steel Works Plant...

PM: Belarus' exports to Russia over $18bn in January-October 2022
"It was a special year for our relationship, a year testing our strength. Everyone knows the conditions in which we worked this year - severe economic pressure. In fact, the independence of both Belarus and Russia was at stake. Therefore, it is through this prism that we should consider what happened this year," Roman Golovchenko said...