Business news

New resident company to set up data center in China-Belarus industrial park Great Stone
OOO Data Cloud intends to set up a center for collecting, processing, and storing large amounts of data. Later on the company will provide data analysis, processing, and exchange services in addition to developing electronic commerce by leveraging capabilities of its own data center...

Belarus, Turkey discuss trade, economic cooperation
Belarusian Deputy Minister of Foreign Affairs Sergei Aleinik met with Ambassador Extraordinary and Plenipotentiary of Turkey to Belarus Mustafa Ozcan...

Prime minister: The next year’s budget will keep social focus
"Spending on public sector salaries, on pensions for the military, on support for large families, and other things will be raised significantly next year"...

Minsk Motor Plant signs export contracts at exhibition in Serbia
During business meetings agreements were reached to promote MMZ special vehicles in the Serbian and Hungarian markets. In particular, an agreement was signed with Agropanonka to sell generator and compressor stations in Serbia...

Lukashenko in favor of small grants system designed to support youth initiatives
Belarus President Aleksandr Lukashenko has approved the creation of a system of small grants that will be used to implement youth initiatives via primarily public private partnership and the realization of civil initiatives...

Belarus to export sawn timber, rebar to Hungary through commodity exchange
Belvin Trade Kft., accredited at BUCE as a non-resident broker, will be engaged in bringing potential buyers to the auction and promoting Belarus-made products on the Hungarian market...

Belarus seeks to expand its economic presence in Brazil
"We should explore the existing market niches and think how Belarus can benefit from working on this large market. Let me remind you that Brazil has 211 million people, $1.3 trillion of GDP"...

Belarus, Iraq gearing up for session of economic cooperation commission
The diplomats took stock of the progress to implement the agreements reached during the Belarus-Iraq ministerial consultations that took place in Baghdad in June 2021...

Plans to assemble Belarusian electric buses in Serbia
The delegation includes heads of Belarus’ leading industrial enterprises and is led by Industry Minister Piotr Parkhomchik. The minister met with Serbia President Aleksandar Vucic on 17 September. During the meeting the sides reaffirmed the high level of Belarus-Serbia relations and mentioned there is potential for more advanced and deeper economic relations...

Belarus’ Development Bank, pan-African bank EBID sign loan agreement
In line with the agreement, the Development Bank will provide loans to the pan-African bank to finance the supplies of Belarusian products to West African countries. According to Aleksandr Yegorov, this agreement will facilitate the export of Belarusian agricultural and other machinery to West Africa...

Belarus’ industry minister meets with Serbian president
“During the meeting, the parties pointed to the high level of bilateral relations and noted that the two countries have everything in place to deepen economic cooperation,” the message reads...

Belarus, Austria’s Vorarlberg discuss new projects in manufacturing
The Belarusian diplomat met with senior officials of the Vorarlberg regional administration...

Belarus to sell lumber to Japan via commodity exchange
The company has already completed registration of documents and has become the first Japanese resident accredited on the BUCE. Thus, the geography of stock trading has expanded to 68 countries...

Belarus, China discuss ways to boost economic cooperation
The parties discussed a wide range of issues related to further development of the Belarusian-Chinese relations, including organization of contacts at the supreme and high levels...

Belarus takes part in Armenia Expo in Yerevan
Among the exhibitors at one of the biggest exhibitions in Transcaucasia are 17 Belgospishcheprom companies...

Belarus’ ambassador meets with Vietnam’s deputy foreign minister
Ambassador Extraordinary and Plenipotentiary of the Republic of Belarus to the Socialist Republic of Vietnam Vladimir Goshin met with Deputy Minister of Foreign Affairs of Vietnam To Anh Dung...

Belarusian MTZ to sell over 1,300 tractors to Zimbabwe
The tractor models MTZ will make and ship to Zimbabwe are traditional for this market and have already earned a good reputation: MTZ-820, 1025.2, and 1523...

China-Belarus Industrial Park Great Stone plans to cooperate with Kyrgyzstan’s Naryn FEZ
On 15 September 2021, Ambassador Extraordinary and Plenipotentiary of the Kyrgyz Republic to the Republic of Belarus Ermek Ibraimov toured the Great Stone park. The park administration told him about the history of the project, the benefits offered to companies registered here, as well as the operation of resident companies...

Government program to guide Belarus’ innovative development in 2021-2025 adopted
The program was worked out taking into account the experience of realization of a similar program in 2016-2020. That program resulted in the commissioning of 74 new manufacturing enterprises, with the output of innovative products close to Br6 billion, the share of innovating industrial organizations exceeding 26%, and the volume of export of science-intensive and high-tech products as high as $14.2 billion...

Ambassador: Belarus will continue developing economic ties with Afghanistan
According to the diplomat, last year Belarus' trade with Afghanistan was considerably bigger than, for instance, with Pakistan. This year the volume of trade should reach $220 million...