Business news

Brest to host international business forum on 18-19 May
Representatives of about 15 countries are expected to take part in the business forum. Some of them will come to Brest, others will join online...

Belarusian BelAZ presents effective solutions at mining expo in Moscow
Negotiations were held with the main consumers of BelAZ’s products in Russia – the East Mining Company, Russdragmet (Highland Gold Mining Ltd), the ore mining and processing enterprise Ozerny (Oz Mine), and the ore mining company Alatau...

Lukashenko criticizes long-delayed construction projects in Minsk
Aleksandr Lukashenko stressed that it is unacceptable to have such long-term construction and frozen projects in the center of Minsk and urged to quickly find a solution...

Lukashenko: Sanctions are no picnic, but we will survive
“By and large, with the exception of two or three commodity groups, we do not need any support from Russia, although it provides us with any kind of support we ask for, including loans, money, and goods,” the head of state said...

Belarus-Tajikistan cooperation in energy industry discussed
Viktor Denisenko and Daler Juma remarked upon mutual interest in stepping up Belarus-Tajikistan cooperation in energy industry...

Belarus, Armenia discuss prospects for intensifying economic cooperation
"The parties took note of the significant potential for further expansion of bilateral cooperation," the press service said...

PM: Belarusian MTZ ‘in the black’ in Q1 2022
According to him, by the end of the year the company plans to present a revised forecast with a surplus in almost all indicators, both manufacturing and finances...

Azerbaijan committed to cooperation with Belarusian regions
"Azerbaijani-Belarusian relations rely on a high level of trust between our presidents. A good indicator of this is the trade between the countries. In 2020, it was $425 million, and in 2021 it reached almost $1 billion," Ambassador Ulvi Bakhshaliyev said...

Prime minister: BMZ is operating steadily despite sanctions
The prime minister remarked that the pressure of sanctions is rather serious. "Particularly due to the cessation of export to the European market, which offered high profit margins to the enterprise"...

Plans to present Brest Oblast tourism potential in Russia’s Penza Oblast
A Brest Oblast delegation will visit Russia’s Penza Oblast on 6-10 May...

Belarusian BelAZ to advance cooperation, reinforce business ties with Zimbabwean companies
During the expo BelAZ representatives and the official dealer for the region Sohra Overseas FZE held negotiations with top managers of Zimbabwe Consolidated Diamond Company, which operates over 20 haul trucks with the carrying capacity of 55 tonnes and other BelAZ vehicles, and with representatives of the coal mining company Hwange Colliery...

Belarus, Kyrgyzstan to promote bilateral business contacts
Director of the National Marketing Center Nikolai Borisevich met with Ambassador Extraordinary and Plenipotentiary of Kyrgyzstan to Belarus Ermek Ibraimov on 29 April...

Belarus, Russia to step up cooperation to make medications
As a result of a meeting at premises of the Healthcare Ministry the sides agreed that Belarusian specialists will share a list of all the medications made in Belarus with Russian colleagues for the sake of considering additional deliveries of medications to Russia...

Lukashenko: They will be unable to bring Belarus and Russia to their knees
Aleksandr Lukashenko once again pointed out that the pressure of sanctions forces one to look for new opportunities...

Belarus eager to sell peat substrates to Uzbekistan
The possibility of arranging deliveries of Belarusian peat substrates to forestry enterprises of Uzbekistan was discussed. The peat substrates can be used as the foundation for growing tree saplings...

FEZ Vitebsk, China-SCO demonstration zone to develop trade and investment cooperation
The decision is stipulated in the memorandum of cooperation signed during the International Economic Forum in Orsha...

Belarus' HTP seeks to expand cooperation with Germany
Discussing the prospects of Belarusian-German cooperation in IT, the deputy director said that the Hi-Tech Park's export to Germany was only 3.4% of the total export of HTP residents in 2021...

Belarus to reduce export duties on oil, oil products on 1 May
In line with the resolution the size of the export duty on crude oil, furnace oil, oil bitumen, petrolatum, paraffin, and waste oils will be $49.6 per tonne ($61.2 previously)...

Belarusian Kamvol teams up with Russian Textile Avenue
According to the source, the Russian partners will supply Kamvol with high-quality wool. The Minsk-based enterprise will make yarn and fabrics out of it. Then Kamvol will use models from Textile Avenue’s fashion designers to make capsule collections of apparel for men and women...

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"...