Business news

Deputy PM: Belarus, Azerbaijan should keep pace in trade, economic cooperation
According to him, manufacturing is one of the most important areas of cooperation. Thus, the assembly production of Belarusian machinery at Ganja Automobile Plant is up and running...

BUCE expands network of brokers in Russia
To increase exchange commodity trade and the number of trading participants from Russia, the Belarusian Universal Commodity Exchange has accredited the third broker in this country...

Bangladesh shows interest in Belarus’ High-Tech Park medical startups
“The foreign delegation got most interested in technological startups in telemedicine and medical solutions based on artificial intelligence from Belarusian developers,” the HTP said...

PM: Belarus seeks to step up trade with Russia's Republic of Tyva
Roman Golovchenko also considers promising cooperation in agriculture, water supply and sanitation, design of housing and social facilities...

Grodno Oblast, Russia’s Republic of Tuva sign protocol of cooperation
The parties reaffirmed their commitment to increase trade and optimize the trade balance, expand cooperation ties, and take effective measures to invigorate trade and economic relations between the republics...

Belarus to contribute to dairy farm project in Russia’s Tyva
According to him, this farm will be fitted out, among other things, with equipment produced in Belarus and will have Belarusian cattle. The project is planned to be implemented within a year, and then this experience can be scaled up...

Economy Ministry reveals outcomes of work to fulfill tasks set by Belarusian People’s Congress
"The conditions for doing business have also been improved: we have completed the first stage of work on optimizing administrative procedures, prepared bills on licensing and on entrepreneurship promotion"...

Belarus’ Hi-Tech Park companies ranked among best developers of apps, games
For example, Flo Health’s women’s health app ranked 5th in global downloads and 6th in consumer spend. The company raised $50 million in investment in 2021 and increased its value to $800 million...

Belarus posts strongest third-country export growth in the EAEU
"In January-November 2021, Belarus (more than 50%) and Russia (over 45%) demonstrated the biggest increase in the export of goods to the countries outside the EAEU, compared to the same period in 2020"...

Agriculture ministry: Belarus is self sufficient in food
When asked whether the Belarusian market will face a shortage of products, Igor Brylo replied: "We are fully stocked with raw materials, I would even say overstocked with them. Today we produce more than 400 types of hard and semi-hard cheeses"...

Belarus’ agricultural export hits record high in 2021
"Last year Belarus' agricultural export amounted to a record high of nearly $6.5 billion, up almost $700 million if compared with 2020"...

Belarusian Universal Commodity Exchange welcomes first company from India
Ark Packaging Solutions became the first company from India to be accredited at the Belarusian Universal Commodity Exchange...

Belarus' GDP up 2.3% in 2021
According to initial estimates, the GDP amounted to Br173.2 billion in current prices, up by 2.3% in comparable prices over 2020...

Export of Belarusian cheese up 11.7% in January-November 2021
Russia accounted for 93.4% of Belarusian cheese exports ($911.9 million, or 109.4% compared to January-November 2020). Other CIS countries bought 15,000 tonnes of cheese worth $62.7 million (124.6% and 124.3% compared to the same period last year, respectively)...

Belarus, Armenia agree to produce elevators together
In his words, the parties consider it necessary to start joint assembly of elevators in Armenia, and ensure the maximum localization of production...

Belarusian Bellesbumprom’s exports reach $1bn in 2021
According to him, growth drivers in 2022 will be the Dobrush Paper Mill Hero of Labor, the Newsprint Paper Plant in Shklov and Svetlogorsk Pulp and Board Mill...

Pilot production of Belarus’ COVID-19 vaccine to go online as scheduled
They also discussed a schedule for the delivery of equipment from Germany, Poland, and the Republic of Korea...

Belarus’ tourism potential on show at Expo 2020 in Dubai
The presentation provided general information about the country, the services of the national online booking and payment service Vetliva, and promising areas of tourism development. Particular emphasis was placed on the environmental, cultural, educational and healthcare areas...

Belenergo comments on timeline to launch second unit of BelNPP
"Nuclear fuel has been loaded into the reactor of the second unit. Then we will seal the reactor and carry out necessary hydraulic tests, hot trials and bring the reactor to the minimum controllable power level," Sergei Bobovich said...

Great Stone companies sell to 20 countries
"Over the past six years the park has become a center of attraction for technologies and capital for companies from all over the world. There are currently 85 resident companies registered here. The geography of their founders covers 15 countries"...