Business news

Belarus posts strongest third-country export growth in the EAEU
"In January-November 2021, Belarus (more than 50%) and Russia (over 45%) demonstrated the biggest increase in the export of goods to the countries outside the EAEU, compared to the same period in 2020"...

Agriculture ministry: Belarus is self sufficient in food
When asked whether the Belarusian market will face a shortage of products, Igor Brylo replied: "We are fully stocked with raw materials, I would even say overstocked with them. Today we produce more than 400 types of hard and semi-hard cheeses"...

Belarus’ agricultural export hits record high in 2021
"Last year Belarus' agricultural export amounted to a record high of nearly $6.5 billion, up almost $700 million if compared with 2020"...

Belarusian Universal Commodity Exchange welcomes first company from India
Ark Packaging Solutions became the first company from India to be accredited at the Belarusian Universal Commodity Exchange...

Belarus' GDP up 2.3% in 2021
According to initial estimates, the GDP amounted to Br173.2 billion in current prices, up by 2.3% in comparable prices over 2020...

Export of Belarusian cheese up 11.7% in January-November 2021
Russia accounted for 93.4% of Belarusian cheese exports ($911.9 million, or 109.4% compared to January-November 2020). Other CIS countries bought 15,000 tonnes of cheese worth $62.7 million (124.6% and 124.3% compared to the same period last year, respectively)...

Belarus, Armenia agree to produce elevators together
In his words, the parties consider it necessary to start joint assembly of elevators in Armenia, and ensure the maximum localization of production...

Belarusian Bellesbumprom’s exports reach $1bn in 2021
According to him, growth drivers in 2022 will be the Dobrush Paper Mill Hero of Labor, the Newsprint Paper Plant in Shklov and Svetlogorsk Pulp and Board Mill...

Pilot production of Belarus’ COVID-19 vaccine to go online as scheduled
They also discussed a schedule for the delivery of equipment from Germany, Poland, and the Republic of Korea...

Belarus’ tourism potential on show at Expo 2020 in Dubai
The presentation provided general information about the country, the services of the national online booking and payment service Vetliva, and promising areas of tourism development. Particular emphasis was placed on the environmental, cultural, educational and healthcare areas...

Belenergo comments on timeline to launch second unit of BelNPP
"Nuclear fuel has been loaded into the reactor of the second unit. Then we will seal the reactor and carry out necessary hydraulic tests, hot trials and bring the reactor to the minimum controllable power level," Sergei Bobovich said...

Great Stone companies sell to 20 countries
"Over the past six years the park has become a center of attraction for technologies and capital for companies from all over the world. There are currently 85 resident companies registered here. The geography of their founders covers 15 countries"...

BUCE’s new broker in China to focus on Belarusian farm produce
Rapeseed oil, meat and dairy products are considered as the most promising Belarusian goods for sale on the Chinese market...

Great Stone project lauded as great example of Belarus-China cooperation
The diplomat noted the China-Belarus industrial park Great Stone has become the largest foreign industrial park built with the participation of Chinese enterprises...

Belarus, Vietnam discuss prospects for joint ventures
An agreement was reached with the Vietnamese partners to continue work on the order intake for 2022...

Belarus' export at $44.5bn in January-November
In January-November 2021 Belarus' foreign trade totaled $85.088 billion, up by 31.6% year-on-year...

Minsk to host BUDEXPO 2022 architecture and building expo on 16-18 March
BUDEXPO is a good opportunity for enterprises to demonstrate their achievements and innovations, find new partners and conclude mutually beneficial contracts. The exhibition runs an extensive exhibition and business program, plenary discussions, roundtables and business meetings...

Great Stone Park reports record high number of resident companies in 2021
“In 2021, despite sanctions and a post-COVID period, we actually had a record high increase in the number of resident companies - 21 new businesses were registered in the park. Today there are 85 of them, including 43 from the People's Republic of China with a total investment of $1.2 billion,” Nikolai Snopkov said...

Belarus, Poland to share best folk art practices
For example, Kleszczele plans to revive weaving. Belarusian specialists will share their experience and teach the Polish partners the basics of this craft. In turn, Malorita District is interested in the revival of spiral and volumetric straw weaving, which Hajnowka County is famous for...

Supplies of Belarusian automotive, agricultural machinery to Nicaragua discussed in Managua
Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Republic of Cuba Valery Baranovsky met with Adviser to the President of Nicaragua on Investment, Trade and International Cooperation Laureano Facundo Ortega Murillo...