Business news

Eismont discloses new details of Belarus-Russia talks in Moscow
“I would like to add that, as the president of Belarus said at the end of the talks, Russia took most serious and unprecedented steps to support the economy of our country,” Natalya Eismont said...

Belarus to take part in agro and food exhibitions in Azerbaijan
In May, Baku will host the 27th Azerbaijan International Food Industry Exhibition (InterFood Azerbaijan) and the 15th Azerbaijan International Agriculture Exhibition (Caspian Agro)...

Belarus-Russia trade keeps growing
“Last year the bilateral trade soared by more than 34%,” Vladimir Putin said...

Beltamozhservice, Chinese company to cooperate in transit shipments
The Belarusian logistics operator Beltamozhservice and the Beijing company Smart ACE Holding, which makes part of the China Economic Counselors Association, signed a memorandum of partnership and strategic cooperation...

Belarusian ambassador visits Armenia’s Armavir Oblast
During the trip the ambassador met with Armavir Oblast Governor Edvard Ovannisyan and Armavir Oblast Prosecutor Sargis Mnatsakanyan. The negotiations touched upon the advancement of interregional cooperation, ways to step up trade and economic cooperation, including sales of Belarusian agricultural machines...

Belarus to advance cooperation with China in trade, investments
Sergei Nabeshko said that the People’s Republic of China and the Republic of Belarus are connected by many years of cooperation based on vigorous trade and the realization of major investment projects. China is traditionally one of Belarus’ most important partners in trade, economy, and investments...

Belarus' export at $4bn in January 2022
In January 2022 Belarus' foreign trade totaled $7.362 billion, up by 28.7% year-on-year. Import amounted to $3.333 billion (up by 25.6%). Surplus of foreign trade in goods and services equaled $695.9 million, up from $409.7 million in January 2021...

Belarus’ domestic demand for meat, dairy, flour met in full
The share of domestic products in retail is as follows: cheese - 91.5%; butter – 99.9%; meat and meat products - 99.7%, including pork - 99.98%, beef - 99%, poultry meat - 99.9%, edible by-products - 99.8%, canned meat - 95.8%; pasta - 65%; flour - 94.6%; oatmeal and cereals – 93%...

Consul general: Belarus has great investment potential
According to the consul general, the Great Stone industrial park provides an attractive regime for doing business in Belarus...

Belarusian technological university, companies sign memorandums of cooperation with Guangzhou
Belarusian State Technological University and the Guangzhou Knowledge City - Technological Industrial Service Company signed a memorandum on strategic cooperation in energy saving and environmental protection to promote a "carbon-free community"...

Belarusian commodity exchange, St Petersburg Currency Exchange determine cooperation prospects
Promising avenues of cooperation between the Belarusian Universal Commodity Exchange (BUCE) and the St Petersburg Currency Exchange were determined as a delegation of the Russian exchange visited the BUCE headquarters...

Belarus to redirect timber exports to dodge EU sanctions
The official said: “The pressure of sanctions is certainly extremely unpleasant.” Particularly taking into account the considerable amount of timber Belarus exports to the European Union – $3.2 billion in 2021...

Lukashenko briefed on forest clean-up after January storm
According to the plans, all harvested timber must be removed to the roads by 15 March so that it can be handled in the spring and summer period...

Belarusian Bellegprom interested in cooperation with Russia’s Amur Oblast
According to Yekaterina Kireyeva, Belarusian goods sell well and their quality is appreciated by customers. There is a huge potential for further development of shipments of Belarusian light industry goods...

Belarus-Russia trade up 34% in 2021
Press Secretary of the Industry Ministry Oleg Slepchenko told BelTA following the meeting between Belarusian Industry Minister Piotr Parkhomchik and Russian Minister of Industry and Trade Denis Manturov in Moscow...

Belarus’ Economy Ministry: Great Stone is well-positioned to develop pharmaceutical cluster
Tatiana Brantsevich recalled that pharmaceuticals and medical services have been identified as new priorities for Great Stone...

Formation of EAEU common natural gas market discussed
Participants of the meeting discussed key matters concerning the formation and operation of the common market of natural gas in the Eurasian Economic Union, including progress in preparing a draft international agreement on setting up the common market...

Belarus, Russia outline steps to advance cooperation between industrial enterprises
"The agreements reached today will provide new opportunities for Belarusian and Russian business entities to realize their entire industrial potential, which fully complies with the principles of the joint industrial policy within the framework of the Union State," Piotr Parkhomchik noted...

Plans to divert Belarusian export from Ukrainian market as much as possible
In his words, in 2021 Belarus’ export to Ukraine was close to $5.5 billion or 13% of the country’s total export...

Belarus to redirect food export to other markets
Igor Brylo noted that there is also the problem of transit across Ukraine, in particular, via the Odessa port...