Business news

Lukashenko sets goal to increase average salary to $700-800 by 2025
The president also deemed it necessary to increase the salaries of low-income workers whose income is usually below the average salary in the country...

Lukashenko orders to stop expanding free economic zones
“Think about it and submit proposals on how to stop it. We do not have that many investors who will need soft terms. We can do this on a case-by-case basis,” Aleksandr Lukashenko said...

Lukashenko pledges support to Kronospan in building furniture factory
“Choose a location, tell the governor, my aide if you want , they will tell me where you will build the factory. I am taking this matter under control, and we will help you in every possible way. You will buy equipment on your own, and you have enough raw materials,” Aleksandr Lukashenko said...

$250-300m worth of Belarusian military products exported to Russia every year
According to the source, while Belarusian defense enterprises ship about $250-300 million worth of products to Russia every year, they do not participate in Russian defense contracts on quite equal terms. “However, a rather broad range of parts, components, and means of mobility are shipped to Russian defense enterprises. I hope the product range will grow larger,” Dmitry Pantus said...

Belarus discusses military cooperation with Pakistan, Kazakhstan
They pointed to considerable potential for promoting cooperation across all areas of mutual interest...

Belarusian armored personnel carrier presented at MILEX 2021
Prime Minister of Belarus Roman Golovchenko said: “Until today we’ve been either upgrading the armored personnel carriers BTR-70 that we’d inherited from the Soviet Union or buying BTRs of Russian make. But certainly it would be strange not to make an armored wheeled personnel carrier of our own considering the country’s well-developed mechanical engineering industry"...

PM: Belarus is ready to replace imported spare parts for military hardware, weapons
"The military-industrial complex has long been tasked with relying, as much as possible, on its own potential and the potential of our strategic partners and allies such as the Russian Federation and China. We have followed this policy, and today what we see here is the confirmation that the chosen tactics has proved right"...

Belarus seeks to boost exports to Pakistan’s Sindh province
The Belarusian ambassador met with Governor of the State Bank of Pakistan Reza Baqir to discuss cooperation in the financial field and interaction with the National Bank of Belarus, as well as mechanisms to support the export of Belarusian goods to Pakistan...

MILEX 2021 opens in Minsk
MILEX 2021 is featuring over 300 samples of cutting-edge weapons, military hardware, and special hardware of Belarusian make alone. As many as 177 of them are showcased for the first time. Eighty-eight products are upgraded ones...

Lukashenko: Europe is trying to destroy Belarus, expects it to protect geopolitical interests
"Today they complain that Belarusians do not protect them. They demand that we protect them from smuggling and drug trafficking. Even across the Atlantic we hear the calls for help to detain nuclear materials so that they do not get to Europe,” said Aleksandr Lukashenko. “I want to ask them: have you gone crazy there? You are waging a hybrid war against us and demand that we help you as we did before?"...

Lukashenko: Belarus remains open for cooperation, dialogue with Luxembourg
“I hope that the efforts of our countries in the fight against the spread of the coronavirus infection will contribute to a more dynamic recovery of national economies and international cooperation,” Aleksandr Lukashenko said...

Belarus, Russia’s Kalmykia discuss prospects of trade, economic cooperation
The sides discussed matters of current interest concerning ways to increase mutual trade in agricultural products, the sharing of the best practices in animal husbandry, production of meat and dairy products, the growing of horticultural crops. The matter of increasing deliveries of Belarusian construction machines, municipal vehicles, and agricultural machines to Kalmykia was raised...

Belarusian Horizont to export batch of smart TV sets to Mongolia
In H1 2021 Horizont’s merchandise export growth rate increased by more than 1.5 times, with the share of export in the company’s total industrial output at 92%. The volume of cooperation is on the rise with Kazakhstan (1.6 times up) and Moldova (2.3 times up)...

Belarusian commodity exchange plans to cooperate with Russia’s Kalmykia
Positive experience of companies from Smolensk Oblast, Bryansk Oblast and Pskov Oblast of working with the Belarusian Universal Commodity Exchange can be successfully scaled up to more distant regions of the Russian Federation. BUCE is ready not only to give Kalmykia exporters direct access to more than 21,000 Belarusian companies, but also to become an electronic window to the markets of other countries...

Belarusian BelAZ to ship 18 haul trucks to Chile
It will be the first time Chile will get haul trucks BelAZ-7531C with the carrying capacity of 240 tonnes, BelAZ-7513 with the carrying capacity of 136 tonnes, and BelAZ-75320 with the carrying capacity of 290 tonnes...

Belarus-Russia trade up 18% in January-April 2021
"Vibrant mutual trade and the completion of some economic integration programs serve well in strengthening our countries, forming a single economic platform of the Union State, and contributing to the people’s welfare"...

FM: Belarus will do its utmost to minimize impact of sanctions on people
He once again stressed that Belarus is adamantly opposed to such a method of pressure as sanctions. However, Belarus has prepared a package of measures in response...

Cooperation with OPEC Fund named valuable for Belarus
Dmitry Yaroshevich said: “In compliance with instructions of the head of state today we pay close attention to work with the Asian region, Africa, Middle East countries. The diversification of partnership relations and the provision of the foundation for cooperation with the OPEC Fund for International Development are valuable for Belarus”...

Belarusian BelAZ ships four 45-tonne haul trucks to Macedonia
Four haul trucks BelAZ-75454 with the carrying capacity of 45 tonnes have been shipped to Macedonia for the company Sinpeks d.o.o. Bitola. It is the first batch of vehicles BelAZ has shipped to this region...

Belarus explores Kazakhstan's experience of monitoring stock market
Chairman of the Board of the Belarusian Universal Commodity Exchange Aleksandr Osmolovsky took part, via a video link, in a ceremony to open a situation center of the Exchange Committee at the Agency for Protection and Development of Competition of Kazakhstan...