Business news

Lukashenko: Belarus is ready to set up new joint ventures in Pakistan
In 2021 the trade between Belarus and Pakistan amounted to $92.6 million, up more than 77% over 2020...

Belarus’ commodity exchange expands assortment of exports to Uzbekistan
The Belarusian Universal Commodity Exchange completed the first transaction to export Belarusian chemical products to Uzbekistan...

Belarus seeks to increase export of foodstuffs, machinery to Armenia
This matter was discussed at the meeting of Belarus’ Deputy Minister of Foreign Affairs Igor Nazaruk with Ambassador Extraordinary and Plenipotentiary of Armenia to Belarus Razmik Khumaryan...

Belarus suspends payments to companies from unfriendly states
The document is aimed at preventing resident copmanies from foreign states that make unfriendly moves against Belarusian legal entities or individuals from writing off money from accounts of domestic economic entities...

Belarus to pay some foreign debt holders in Belarusian rubles
While honoring its obligations to repay the principal debt and the interest on foreign state loans taken from the International Bank for Reconstruction and Development, the European Bank for Reconstruction and Development, and the Nordic Investment Bank, Belarus will make payments in Belarusian rubles according to the official exchange rate of the Belarusian ruble against the relevant foreign currency as of the date of the payment...

Belarusian economy support plan approved
The plan envisages support for exports and expansion of lending to exporters regardless of the target market for Belarusian products; reduction of customs duties for imported goods required for export production; possibility of restructuring debts and payment of penalties on customs payments; building new transport and logistics chains to redirect exports...

Belarus’ food exports exceed $1bn in January-February 2022
"The volume of agricultural output stood almost the same as at the start of 2021. As for the food industry, the growth made up 4.2%"...

Fast-track certification of Belarusian nitrogen, compound fertilizers in Russia completed
Roman Golovchenko remarked that OAO Grodno Azot is operating at full capacity in order to supply fertilizers to the home market. Full-fledged deliveries to foreign markets, including to Russia, will begin in June...

PM: Belarus’ economy withstands the West’s sanctions by and large
According to him, in January-February, exports of goods went up by 21.5% year-on-year...

Belarus, Kazakhstan mulling new areas of cooperation
Industry Minister Piotr Parkhomchik met with Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Belarus Askar Beisenbayev at the Industry Ministry of Belarus on 6 April...

Belarus, Russia’s Ivanovo Oblast sign 2022-2024 cooperation advancement plan
The document outlines a number of measures and projects meant to increase bilateral trade turnover, invigorate R&D cooperation and cultural cooperation, realize mutually beneficial projects in the social sphere, in agribusiness, and other areas...

Belarus to increase medication supplies to Kyrgyzstan
Belmedpreparaty, BZMP, Ekzon, Minskinterkaps are taking part in the 16th international healthcare exhibition MedExpo Kyrgyzstan 2022 as one collective stand of Belpharmprom Holding Company...

Free economic zone Grodnoinvest’s export 1.5 times up in 2021
Key target markets for FEZ Grodnoinvest residents are Russia, Poland, and Ukraine. These countries account for 84% of the export volume. FEZ Grodnoinvest resident companies ship their products to a total of 63 countries...

Belarus, Vietnam considering joint production of firefighting vehicles, gear
Ambassador Extraordinary and Plenipotentiary of Belarus to Vietnam Vladimir Borovikov met with Director of the International Relations Department of the Public Security Ministry of Vietnam Dang Huang Hong...

Belarus to buy Russian natural gas with Russian rubles as from April
The relevant documents were signed as a result of a meeting of Belarusian Energy Minister Viktor Karankevich, Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Vladimir Semashko, and Gazprom Chairman of the Management Committee Alexey Miller in St Petersburg...

Belarusian companies take part in MedExpo Kyrgyzstan 2022 in Bishkek
Belarus at the exhibition is presented by Technology and Medicine 2030, Belmedpreparaty, Borisov Plant of Medical Preparations, Minskinterkaps, Ekzon, Akadempharm and Medbiotech...

Bill in Russian parliament to allow Belarusian companies to help build Vostochny Cosmodrome
Roscosmos will be able to hire Belarus citizens and Belarusian legal persons, which are founded by Belarus or its citizens in an organizational form the Belarusian legislation allows...

Lukashenko calls for recycling more
“Look, this is the Klondike. Let me explain it in simple terms. We have a huge glass industry (production of glass windows, car windows, glass for TV sets, bottles, and so on). This shouldn’t end up in a landfill. All this glass, cullet and so on should be recycled and recovered from this secondary waste"...

Belarusian Belgospishcheprom increases supplies to EU in March
“The March statistics of the Belgospishcheprom enterprises show that the volume of supplies to the EU markets increased. This applied not only to salt but to other types of food as well,” said Oleg Zhidkov...

Grodno Oblast interested in expanding cooperation with Azerbaijan
In 2021 Grodno Oblast’s merchandise trade with Azerbaijan totaled $17.5 million, with export at $17.4 million and import at $0.1 million. About 40 enterprises exported their products to Azerbaijan...