Business news

Belarus’ food export projected to exceed $6bn in 2021
In January-September 2021 Belarus’ food export rose by 12.6% to exceed $4.7 billion...

Defense ministries of Belarus, Uzbekistan approve plan of cooperation for 2022
The parties discussed the state of bilateral military cooperation and outlined ways to intensify it in areas of mutual interest, and also approved a plan for bilateral cooperation between the defense ministries of Belarus and Uzbekistan for 2022...

Minsk Automobile Plant taking part in ITIF Asia 2021 expo in Pakistan
The MAZ representatives introduced visitors to the company’s assortment rage, technical specifications of trucks and buses, as well as financial instruments to buy and sell these products in the Asian market. During the exhibition, heads of commercial services of Minsk Automobile Plant held negotiations with local companies to discuss cooperation opportunities and a possibility to increase the supply of vehicles...

Belarus’ Development Bank to borrow €314.5m from Eurasian Development Bank
The decision is laid down by presidential decree No.440 of 15 November 2021, which has been published by the national registry of legal acts...

Belarusian companies eager to advance cooperation in mechanical engineering with Kazakhstan
A meeting with Kostanay Oblast Governor Arkhimed Mukhambetov was arranged as part of the visit. The sides discussed future cooperation in mechanical engineering, in particular, the realization of a project to make driver’s cabs for tractors and other components of agricultural machines...

Belarus, Russia discuss ways to unify transport market regulations
Expert consultations were held with representatives of the Russian Ministry of Transport. Aleksei Lyakhovich also met with State Secretary - Deputy Minister of Transport of Russia Dmitry Zverev. The parties discussed the implementation of the Union State program to unify the regulation of the transport market of the two countries...

Kyrgyzstan’s capital city interested in buying Belarusian vehicles
Other cooperation possibilities were also explored during the trip to Minsk, including the establishment of joint ventures in Bishkek for the aftersales service of Belarusian vehicles...

Belarus, Mongolia seek to expand business ties
The parties discussed the promising areas of cooperation between the BelCCI and the Embassy of Mongolia in Belarus, the current state and opportunities for expanding business ties between Belarusian and Mongolian enterprises in mechanical engineering, mining, agriculture and agricultural technologies, food and textile industries...

South African companies interested in cooperation with Belarusian manufacturers
The parties considered the prospects for developing cooperation between South African companies and Belarusian manufacturers of high-tech equipment, enterprises of the machine-building sector, agriculture, food, chemical industry and the energy complex...

Belarusian companies sign 11 export agreements at expositions in Dubai
The Belarusian delegation held negotiations at the UAE Ministry of Climate Change and Environment to discuss cooperation within the framework of the Food Tech Valley project. The Belarusian delegation also toured the IQ Fulfillment company that provides services to SMEs, incubators, accelerators, and e-commerce players...

Belarus chairs WTO Informal Group of Acceding Governments meeting in Geneva
The Belarusian representative noted that the accession of Belarus to the WTO opens the way for the membership of the Eurasian Economic Union in the organization...

Lukashenko denies accusations about blocking access to humanitarian aid for refugees
"The President Administration should respond more effectively to the events that are taking place in Belarus, so that our people understand what is happening. They (especially the Poles) have already accused us that we block access to the humanitarian aid and do not provide it to refugees rapped on the state border," Aleksandr Lukashenko said...

Belarus’ cooperation with Saudi Arabia, UAE receives impetus at forum in Dubai
Chairman of the State Authority for Military Industry of Belarus Dmitry Pantus held negotiations with Governor of the General Authority for Military Industries of Saudi Arabia Ahmad Al-Ohali and Director General of the International Golden Group (UAE) Fadel al-Kaabi...

Brest Oblast Days to be held at EXPO 2020 in Dubai in January
The program includes presentations of the region’s tourism and export potential and investment projects of the region's leading enterprises. A VR presentation of the SMART BREST innovative project and a presentation of the River Pearl urban development project will be held...

Belarus signs $3.8m worth of contracts at FoodExpo Qazaqstan
Kazakhstan has recently hosted a great number of meetings and exhibition events, including food industry and agriculture exhibitions, business forums, seminars, and a convention. A large delegation from Belarus took an active part in them. The delegation included ministers, company representatives, experts. Belarus’ national exposition was running at the 23rd edition of the Central Asian International Food Industry Exhibition (FoodExpo Qazaqstan)...

Belarus’ experience of international cooperation in nuclear safety presented at IAEA conference
At present Belarus is a member of the nuclear energy countries club. The regulatory infrastructure in Belarus was created with international assistance. Assistance is provided by Russia (the country that supplies nuclear technologies), the International Atomic Energy Agency, the European Union, and the relevant associations of regulatory bodies – RCF, WENRA, ENSREG, and the WWER Forum...

Foreign investments in real sector of Belarusian economy at $6.7bn in January-September
The investments mainly came from commercial entities in Russia (44% of the received investments), Ukraine (13.1%), and Cyprus (12.6%). Foreign direct investments amounted to $4.8 billion, 72.4% of all the foreign investments...

Belarus eager to partner up with Kazakhstan to explore agribusiness opportunities
"First, it is important for ensuring food security of the countries. Second, there is a huge, not fully explored potential for cooperation"...

Draft decree on adjusting small business taxation submitted for Lukashenko’s approval
"Small businesses play an essential role in our economy. They create new jobs, accelerate economic growth, including by redistributing manpower from ineffective sectors"...

Belarus looks to increase exports to Israel
"In January-September 2021, the task for the export of goods to Israel, set forth by the government, was fulfilled. The participants of the session also stated that there are reserves to increase the export of Belarusian goods and services," the ministry said...