Business news

16 Apr 2021

PM: Belarus-Russia trade is poised for uptick
"In January-February Belarus’ merchandise export to Russia rose by about 5%, and Russia’s export to Belarus increased by nearly 25%"...

16 Apr 2021

Minsk Motor Plant doubles supplies to Russia in Q1 2021
In 2021 Minsk Motor Plant plans to continue developing its distribution network in Russia in two directions: engines and spare parts, as well as special machinery. Exports are planned to increase by 11%...

16 Apr 2021

BelAZ to open Innovation Competence Center at Saint Petersburg Mining University
The BelAZ Innovation Competence Center will use the best technological solutions in engineering, digital and information technology in the mining industry. The center will help the university improve educational, scientific and practical training of students and also BelAZ customers undergoing advanced training courses at the university...

15 Apr 2021

Belarus approves Sputnik V vaccine bottled at Belmedpreparaty
The decision is based on the findings of a comprehensive expert assessment of the registration dossier materials by the Center for Examinations and Tests in Health Service and the National Research Center for Microbiology and Epidemiology...

15 Apr 2021

Prices for 55% of goods regulated in Belarus
"It is a temporary system meant to reduce the inflation spike caused by the introduction of the VAT, the growth of world prices for food and raw materials. It is delicate work because we have to ensure the financial stability of enterprises (manufacturers, retailers, importers), the availability of a broad range of goods on store shelves. We also have not to worsen the situation with payments for the goods being delivered"...

15 Apr 2021

Belarus’ gold, forex reserves expected to exceed $6bn by 2021 year-end
“Taking into account the fulfillment of external or internal obligations, gold and foreign exchange reserves stood at $6.9 billion as of 1 April. At the end of the year, taking into account projected receipts and payments, we expect the reserves to exceed $6 billion. This will be equal to two months of imports of goods and services,” Pavel Kallaur said...

15 Apr 2021

Belarus ready to help Azerbaijan with reconstruction of Karabakh region
Ruslan Parkhamovich said that Belarus attaches special importance to the development of bilateral trust-based ties with Azerbaijan. The minister emphasized that Belarus is ready to support Azerbaijan in its construction and restoration work in the Karabakh region. Belarusian designers and experts are ready to participate in Azerbaijan's urban development processes...

15 Apr 2021

Opinion: Belarus’ Gomel Oblast, Russia’s Bryansk Oblast need to strengthen industrial cooperation
“Undoubtedly, there are great prospects for the construction industry in both the regions, as evidenced by the composition of our delegation, which included the heads of the largest construction organizations of Gomel Oblast,” said the Gomel Oblast governor. He stressed that Gomel builders have already been actively constructing housing in Kaluga and Kursk regions...

14 Apr 2021

Uzbekistan’s delegation visits educational center of Belarus’ Emergencies Ministry
During the visit to the educational center, the delegation of Uzbekistan also got familiar with work of more than 30 interactive facilities that use modern information technology, digital environment, augmented and virtual reality, which helps students immerse in the environment that imitates emergency situations...

14 Apr 2021

Belneftekhim, SOCAR to expand cooperation
The memorandum provides for expansion of opportunities of the parties in the production and sale of oil and petroleum products. The main areas of cooperation are focused on improving interaction in the organization of Azerbaijani oil supplies to Belarus, and also the activation of the dialogue between producers and consumers of hydrocarbon resources...

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