Business news

Belarus to roll out own COVID-19 vaccine in 2023
"There is a project. We are purchasing equipment to set up our own vaccine production plant, as in China, Russia, the United States, and in several other states. We must have our own reliable vaccine"...

Belarus-Mongolia Commission on Trade and Economic Cooperation to convene in 2022
Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to Mongolia Dzmitry Harelik met with Minister of Road and Transport Development of Mongolia, co-chair of the Belarus-Mongolia Commission on Trade and Economic Cooperation Luvsan Khaltar on 19 October...

Belarus to launch production of medical gloves in December
The latex glove production will be launched at SvetlogorskKhimvolokno company. The project envisages the launch of two lines with a capacity of at least 300,000 gloves per day each...

Investments in Great Stone industrial park over $20m in H1 2021
The total volume of investments by resident companies of the industrial park accounted for 8.5% of the total investment in Minsk Oblast...

Belarusian MTZ to take part in YugAgro exhibition in Krasnodar
One of the special features of the exhibition is that it gathers mostly the representatives of farms and companies that make purchasing decisions or have an influence on them. This year together with the trading house MTZ-North-West we are going to showcase five tractors from the renewed lineup...

Belarus prepared to supply passenger, cargo and road-building vehicles to Nicaragua
Vladimir Makei believes that the current level of trade and economic cooperation does not yet fully correspond to the true potential of the two countries, the economies of which are mutually complementary...

Belarus, Nicaragua to set up joint commission on trade and economic cooperation
The document was signed by the foreign ministers of the two countries Vladimir Makei of Belarus and Denis Moncada Colindres of Nicaragua in Minsk on 18 October...

MAZ takes part in exhibition in Chisinau
MAZ together with the official dealer CBS Motors has presented the dump truck MAZ-651308 and the bus MAZ-206946 running on compressed natural gas. The exhibition is a great opportunity to find new business partners, expand sales markets, establish long-term contacts with manufacturing enterprises...

PMs discuss Belarus-Kazakhstan economic cooperation
Belarus’ Prime Minister Roman Golovchenko held a telephone conversation with Kazakhstan’s Prime Minister Askar Mamin...

Belarusian steel mill BMZ posts $170m in profits year to date
“In January-September, the export of metal products in monetary terms increased 1.5 times, foreign currency revenue also rose 1.5 times. In August our monthly revenue was nearly record high - $180 million. We operate with a net profit: over the nine months our profits approximated $170 million. The return on sales is positive, accounts payable are reducing,” Dmitry Korchik said...

CIS called to unite efforts to protect interests on world market
According to the president, the CIS countries need to intensify mutual trade and investment and minimize artificial barriers. “Only through joint efforts and enhanced role of the CIS as a regional player, we will be able to successfully cope with all the challenges and threats,” said Aleksandr Lukashenko...

Rapeseed oil producers, dairy companies named top exporters at Belarusian commodity exchange
In January-September 2021 the export of goods via BUCE soared 76% up to $564 million, including the sales of rapeseed oil (2.4 times to $48 million), butter (by 21% to $13 million), milk powder (by 17% to $9 million) and molasses to $6 million (the product was not sold via BUCE in 2020)...

Belarus urges to deal with bans and restrictions on product supplies in EAEU
According to Aleksandr Lukashenko, to do this it is necessary to ensure a timely and full-fledged information exchange in the field of sanitary, phytosanitary and veterinary control...

Russia’s Primorsky Krai seeks to buy more products from Belarus
The festival was held on the main square of Vladivostok. Eleven Belarusian manufacturers showcased their products, including dairy products, meat delicacies, confectionery and bakery products...

Belarus, Kyrgyzstan outline steps for further cooperation
"The parties emphasized the importance of active and meaningful contacts between the Ministries of Foreign Affairs of Belarus and Kyrgyzstan and outlined the steps for further development of Belarusian-Kyrgyz cooperation in the political, trade, economic and humanitarian areas, mutual support in the international arena"...

MP: A huge number of international investors show interest in Belarus
Chairman of the Standing Commission on International Affairs of the House of Representatives Andrei Savinykh said during the roundtable to discuss Belarus’ investment attractiveness and the possibilities of the Investor Roadmap online resource...

Belarus’ Brest District signs cooperation agreement with two Bulgarian municipalities
The document provides for strengthening of relations in the social and economic sector: promotion of cooperation in industry and agriculture, exchange of educational delegations, joint activities in culture, sports and tourism...

Belarus to start full-cycle production of Sputnik V by year-end
“We purchased the Sputnik Light vaccine. Now we are using it quite actively. Its localization will be needed only when it becomes clear that Sputnik Light is widely used and that localization makes economic sense"...

Belarus, Egypt mull over mutual export promotion mechanisms
The parties discussed topical issues related to the development of Belarusian-Egyptian cooperation in trade and finances and stressed a huge untapped potential for its increase...

Belarus tops regional group in Postal Development Report 2021
Belarus’ index of postal development made up 67.4 points, which let the country move up six positions in the rankings compared to the previous year...