Business news

Belarusian PM hails prospects for cooperation with Russia's Voronezh Oblast
He noted that Voronezh Oblast is an important trade and economic partner of Belarus. "We had good trade in 2021, which increased by almost 30% to approach $350 million"...

Russia's Voronezh Oblast to step up trade with Belarus
He said that Voronezh Oblast has been continuously developing the transport infrastructure and therefore the goods made in Belarus will be useful: "I think we will sign contracts and make purchases. This applies primarily to electric transport as the basis of passenger transport for Voronezh...

Belarus, Mongolia to boost cooperation in agriculture
In 2021 the trade in food products and agricultural raw materials with Mongolia totaled $14.1 million (up 2.5 times from 2020)...

Belarus set to reach $8bn in food exports by 2025
“In 2021 our country ranked 36th out of 113 countries according to the global index of food security. Nevertheless, we continue to grow and move forward. We want to take our agro-industrial complex to a new level of development"...

Belarus slams politicization of WTO accession talks as unacceptable
According to Yuri Ambrazevich, the obvious politicization of the negotiation process for the accession of new members to the World Trade Organization is incompatible with the principles of a barrier-free system of international trade, one of the drivers of global development...

Ways to export more Belarusian goods to India discussed
The Belarusian embassy’s representative arranged a presentation of Belarus’ export potential and opportunities for business cooperation with Belarusian enterprises. Vitaly Mirutko also talked about the appeal of the special economic zone Bremino-Orsha to potential Indian investors. The zone boasts significant transportation, logistics, and manufacturing capabilities...

Belarusian manufacturers to be featured in textile expo in Uzbekistan
"There is a potential to step up supplies of popular products to Uzbekistan. These are fabrics (primarily worsted, linen, synthetic and artificial with various properties), various types of yarn, pile cloths, corset and hosiery, etc."...

Belarus to take part in Zimbabwe International Trade Fair
The Belarusian delegation is set to meet with new and current partners from Zimbabwe, Namibia and Angola to discuss the supplies of Belarusian medicines, which are produced not only by Belmedpreparaty but also by other pharmaceutical producers of the holding company...

Ambassador: China-Belarus trade growing despite pandemic, slowdown in global economy
The number of resident companies of the China-Belarus Industrial Park Great Stone, a landmark project of the Belt and Road initiative, has reached 89, and the volume of declared investments has exceeded $1.2 billion...

Belarus calls to think about economic consequences of sanctions
“Despite the fact that Belarus has been living under the sanction pressure of the collective West for two years now, our economy is successfully coping with the impact of these negative measures”...

Belarusian delegation’s visit to Tashkent nets $25m in contracts
Roman Golovchenko remarked that Uzbekistan has a good technological potential. Apart from that, China and South Korea with a good mechanical engineering industry are nearby...

Belarus, Uzbekistan discussing ways to advance cooperation in pharmaceutics
A Belarusian government delegation led by Prime Minister Roman Golovchenko is in Uzbekistan right now. The delegation includes Deputy Healthcare Minister Boris Androsyuk and representatives of the managing company of the holding company Belpharmprom and pharmaceutical enterprises of the holding company...

Belarusian PM meets with president of Uzbekistan
The parties discussed with key issues of bilateral cooperation in various fields, including the economy...

Prime minister wants Belarus-Russia cooperation to produce results in manufacturing sector faster
Roman Golovchenko said: “We have to produce results faster because time works against us now. We shouldn’t act like government officials but like good executives and businessmen”...

PM unveils Belarus' cooperation prospects with Uzbekistan
Belarus is also interested in the development of industrial cooperation. “There are already examples of such cooperation. We are ready to develop projects to produce agricultural, special, and rescue equipment on the basis of Belarusian technology. Many of these proposals will be presented at the exhibition today”...

Government to support Belarusian manufacturers of import substitutes
"We intended to make $25 billion worth of import substitutes. Certainly, we will move faster now and will add about $2 billion on top of that sum. We have 27 new projects, which have been forwarded to the Development Bank of the Republic of Belarus for additional funding”...

Belarus, Hungary talk over economic cooperation prospects
They discussed possibilities for cooperation and joint Belarusian-Hungarian events...

Belarus, Russia’s Chuvashia discuss cooperation in digitalization, IT
First Deputy Communications and Informatization Minister Pavel Tkach took part in the meeting of the extended working group with the Cabinet of Ministers of Chuvashia during the visit of Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Vladimir Semashko to the Russian region...

Belarus-China joint economic steps seen as efficient response to challenges
To this end, in accordance with the tasks set by the leadership of Belarus and China, special attention is paid to the development of joint innovation infrastructure, including in the China-Belarus industrial park Great Stone, cooperation in the energy and healthcare sectors...

Belarus, Nigeria to sign agreement on industrial cooperation
The participants of the meeting emphasized mutual interest and readiness to establish an intergovernmental commission for trade and economic cooperation and to sign an agreement on industrial cooperation...