Business news

Belarus’ exports reach $2.8bn in January-May 2022
In his words, exports to China have increased significantly, and supplies to Russia are on the rise...

Belarus has no plans to export grain
"Believe me, next year and even in two-years’ time the grain of the current season will be much more expensive. The price for grain and other agricultural products will increase significantly"...

Lukashenko: Soil fertility is the number one priority for the country
The scientist pointed to the need for more active liming of soils, which contributes to the yield and quality of crops. In recent years, there has been a trend on reducing the volume of such works...

Lukashenko comments on cases of food sabotage
According to the president, many local executives failed to prepare for the harvest campaign. Some organizations even failed to prepare farm machines...

About 10m tonnes of grain expected to be harvested in Belarus in 2022
Belarusian President Aleksandr Lukashenko said at a large meeting to discuss progress in the harvest campaign on 26 July...

Belarus takes part in Western China International Fair for Investment and Trade
The Belarusian side held meetings with the leadership of the People's Government and representatives of companies participating in the event...

BUCE: Farm produce accounts for 95% of Belarus-Switzerland exchange trade
In H1 2022, agricultural products accounted for over 95% of the exchange trade between Belarus and Switzerland. The latter is a net importer of Belarusian goods, since all 16 Swiss companies accredited on the Belarusian Universal Commodity Exchange act exclusively as buyers...

Belarus’ commodity exchange invites Pakistan to use its import substitution platform
According to BUCE, the use of BUCE tools to facilitate the export of Belarusian products to Pakistan was discussed during a meeting of representatives of the Belarusian Universal Commodity Exchange with a business delegation from the Islamic Republic of Pakistan...

PM: Belarus is in a position to fulfill its external financial obligations
Roman Golovchenko commented on the news that the international agencies downgraded the rating of Belarus and declared the country in default...

Lukashenko wants Belarusian mall on site of Iran’s unfinished building in Minsk
“It is necessary to create the same kind of retail facility modeled on this shopping mall,” Aleksandr Lukashenko instructed. “We will focus on promoting Belarusian products. If foreign brands left the country, let it be so. We will sell our own products. Therefore, you need to build the same kind of shopping mall there,” the president noted...

Belarus, Sudan intend to develop cooperation in agriculture, energy
The parties discussed the current state and prospects for the Belarusian-Sudanese cooperation and reaffirmed their commitment to furthering its comprehensive development...

Belarusian merchandise export to China 1.5 times up in January-May
China remains one of the most important strategic partners of Belarus. According to Alesya Abramenko, thanks to the high level of cooperation incremental growth and the advancement of joint trade and economic initiatives are observed...

Belarus interested in China’s investments into mining industry
Minister of Natural Resources and Environmental Protection Andrei Khudyk and Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the People’s Republic of China Yuri Senko exchanged views on promising areas of Belarus-China cooperation...

Belarus to take part in MUSIAD Expo in Turkey
The participation of domestic enterprises in the national exposition within the framework of MUSIAD Expo will contribute to the establishment of new business contacts with potential partners, and to promoting and diversifying Belarusian exports...

Belarusian pulp and paper industry working hard on import substitution
Speaking about Bellesbumprom enterprises as a whole, the official noted they made $415 million worth of import substitutes in H1 2022, 24% up from the original target...

Belarus-Georgia business contacts discussed in Minsk
The parties discussed how the National Center for Marketing and Price Study can help promote foreign economic relations...

Minsk to host Energy Expo 2022 in October
Energy Expo is held annually to showcase the achievements of the fuel and energy complex, to promote the best innovative developments in power engineering, gas industry, energy and resource-saving technologies, digital development...

More Chinese companies might use import substitution platform of Belarus’ commodity exchange
The Chinese company China Merchants CHN-BLR Commerce and Logistics Company, which is part of the China Merchants Group Corporation, will assist in attracting suppliers and buyers from China to BUCE’s electronic import substitution platform...

Lukashenko calls for embracing best foreign solutions
At the same time, the president warned against mindless copying of foreign ideas. According to him, it is necessary to introduce the best practices from other countries taking into account national specifics without breaking the established system...

Lukashenko wants better results from Mogilev Oblast
Belarusian President Aleksandr Lukashenko said as he heard out a report by Mogilev Oblast Governor Anatoly Isachenko...