Business news

Lukashenko dwells on price growth moratorium
The head of state stressed that one of the important results of pricing control should be the personalization of responsibility for price growth...

Gomel Oblast delegation visiting Bashkortostan
The governor cited examples of effective cooperation with Bashkortostan in 2022. “Gomselmash machinery is very popular with Bashkortostan farmers. In 2022, Bashkortostan purchased 31 self-propelled machines made by the Gomel-based producer of combine harvesters,” he informed...

Prime minister satisfied with Belarusian economy’s balance indicators
Roman Golovchenko made the statement during a conference held to inform representatives of defense, security, and law enforcement agencies about the military, political, social, and economic situation...

PM: Belarus has a three-tier sanction response system
Belarusian Prime Minister said at the briefing of law-enforcement representatives on issues of military, political, social and economic situation

Belarus' gold, forex reserves up by 0.5% to $7.503bn in September
The central bank said: “As from August 2022 information about the volume of the international reserve assets will be published on the official website of the National Bank without breaking down their structure and without mentioning the factors that influenced their change”...

Syria shows interest in Amkodor forklifts
AMKODOR took part in the 7th international exhibition Rebuild Syria in Damascus. A delegation of the company led by the head of sales in non-CIS countries Dmitry Yasinsky took part in a rich business program: negotiations with Syrian companies, meetings with heads of government bodies and business circles...

Russia’s Voronezh Oblast to supply import-substituting goods to Belarus via commodity exchange
For example, OOO Delta-Pack plans to sell via the BUCE’s import substitution mechanism a wide range of packaging materials for food, household chemicals and animal care products and also polyethylene film for printing and lamination...

Lukashenko calls to deal with food speculators in Belarus
“Speculators easily profit from disruptions in the supply chain. The State Control Committee has been reporting facts when apples, onions, beets and cabbage, grown by our agricultural enterprises, are bought from mediators with a 300% markup!” the president said...

Argentina interested in Belarusian fertilizers, machinery
“The ambassador of Belarus suggested, among other things, creating assembly factories in Argentina to produce Belarusian agricultural, passenger, and utility vehicles"...

Investments declared by China-Belarus industrial park resident companies estimated at $1.25bn
“We use services of the chamber for the sake of developing our residents. Manufacturing facilities are being actively commissioned, they start making products, and the products made in our park need to be certified,” Aleksandr Yaroshenko said...

Belarusian Belgospishcheprom plans to boost export of confectionery products to China
"Confectionery enterprises are one of the drivers of exports to China, accounting for about 80% of Belgospishcheprom’s total exports to that market. This year we plan to increase the supply of chocolate candies," Oleg Zhidkov said...

Plans to assemble Belarusian MTZ’s tracked tractors in Russia’s Bashkortostan
The relevant document was signed by MTZ Director General Vitaly Vovk and Deputy Prime Minister, Agriculture Minister of the Republic of Bashkortostan Ilshat Fazrakhmanov...

Belarus looks forward to closer cooperation with Italian business
"We are interested in raw materials for industrial processing in order to increase production volumes. Italian counterparts are interested in manufacturing restaurant dishes from Belarusian foodstuffs using Italian technologies that is why we plan to discuss investment in restaurant business,” said Aleksei Bogdanov...

Belarus, Shanghai discuss joint efforts to expand cooperation in manufacturing
The parties discussed joint efforts to intensify cooperation in the manufacturing industry and to create new joint ventures in the field of innovative energy and energy-saving technologies in the China-Belarus Industrial Park Great Stone...

Belarus, Russia sign agreement on indirect taxation principles
The agreement also provides for setting up a supranational tax committee that will oversee the observance of the agreement by the sides...

Cuba interested in buying Amkodor loaders
The guests also got familiar with the production facilities and visited the company’s permanent exhibition...

MP: EAEU opens up equal horizons for business
Belarusian President Aleksandr Lukashenko signed laws that ratified two protocols amending the Eurasian Economic Union Treaty and the Agreement on the Audit Activities in the EAEU...

Belarus extracts 1.5 times more peat in 2022
“This year 2.4 million tonnes of peat has been extracted. This is quite a big figure, which is almost 1.5 times higher than last year. At the moment more than 600,000 tonnes of peat briquettes have been produced, which can also be used for heating,” said Denis Moroz...

MP: New impetus for Belarusian-Cuban relations
Cooperation with the Hi-Tech Park is underway. The Cubans want to set up a similar park in their country. There are great opportunities in training Cuban IT specialists in Belarus...

Belarus seen as gateway for Cuba to Eurasian Economic Union
The events which have already taken place include a business forum and meetings with heads of enterprises. The parties reached agreements on cooperation in mechanical engineering, agriculture, pharmacology and IT...