Business news

Belarusian companies sign over ten contracts at gas and oil exhibition in Russia’s Ufa
For example, the Belarusian tire manufacturer OAO Belshina and OAO Sterlitamak Petrochemical Plant signed an agreement of intent to supply raw materials for tire production and a contract to deliver finished products. OAO Seismotekhnika and major company of the Russian geophysical service Bashneftegeofizika signed a memorandum of cooperation for the next year...

Belarus, Uzbekistan sign action plan on cooperation in ICT
Communications and Informatization Minister Konstantin Shulgan and Minister for Information Technologies and Communications of Uzbekistan Shuhrat Sadikov discussed issues of mutually beneficial cooperation in information and communication technologies (ICT) between the departments and signed a corresponding action plan...

Prime ministers of Belarus, Russia discuss cooperation in energy, transport
Mikhail Mishustin and Roman Golovchenko exchanged opinions on the priority goals to strengthen integration in the Union State. The two heads of government coordinated approaches to the fight against the coronavirus infection...

Belarus, Kazakhstan agree to expand cooperation in construction
“Today the production of basic construction materials in Belarus is export-oriented. The construction sector is ready for multilateral cooperation and is interested in developing and increasing trade and economic relations with Kazakhstan,” Ruslan Parkhamovich stressed...

Belagro expo opens in Great Stone park
The agricultural forum traditionally gathers together not only Belarusian agricultural workers and workers of food and processing industries but also their foreign colleagues and partners. This year the exhibition will bring together over 400 companies from 16 countries...

Belarus’ digital opportunities in spotlight of TIBO 2021
The central exposition will feature innovative ICT developments of government agencies and Belarusian IT companies and the areas of their application in various fields of activity. The exhibition includes thematic zones such as "Digital Opportunities for the State and the Citizen," "Digital Opportunities for Living in a Modern City," "Digital Business Opportunities," and "Digital Opportunities for Everyone"...

BUCE presents Belarus’ timber export capacities in China
BUCE spoke about export capacities of the Belarusian forestry industry, BUCE’s experience in organizing supplies of Belarusian sawn wood to China within the framework of the New Silk Road initiative, and its main advantages for Chinese buyers...

Belarusian FM outlines promising areas of cooperation with African countries
"We also view technology transfer and provision of engineering services as promising cooperation areas"...

Belarus ready to discuss prospects of cooperation with African countries without restrictions
Vladimir Makei suggested thinking together and defining what joint steps were necessary for stepping up manufacturing cooperation, what projects should be implemented together. “We are ready to hear out your opinion and discuss your vision of ways of development of cooperation with Belarus,” the minister of foreign affairs noted...

Belarus' external state debt 2.5% down to $18.1bn in January-April
In January-April 2021 Belarus spent $637.9 million to repay the external state debt, including $272.7 million to the Russian government and Russian banks, $189.9 million to the Export-Import Bank of China, $112.1 million to the Eurasian Fund for Stabilization and Development (EFSD), $59.3 million to the IBRD, $3.2 million to the EBRD and the NIB, and $0.7 million to the U.S. Commodity Credit Corporation...

African countries outline promising areas of cooperation with Belarus
Other promising areas include information and communication technologies and education. The latter gets special attention in Uganda. The country is ready not only to send its students to Belarus but also to open a Belarusian university. "Why shouldn't Belarus open a university in Africa?" the diplomat asked...

Over 170 Belarusian companies take part in Belarus-Africa Economic Forum
"It is a great honor and responsibility for the BelCCI to be a co-organizer of this forum, because our main mission is to assist the Belarusian business in developing foreign economic relations and all our partners from different countries in establishing contacts and implementing joint mutually beneficial projects. All our services are focused on supporting these ties, and we will readily provide all our opportunities both to Belarusian enterprises and our foreign partners, in this very case from African countries," the BelCCI head said...

Egypt seeks to expand cooperation in manufacturing with Belarus
"We have certain free trade zones, which removes some tariff barriers. Thus, everyone wins, because both Belarus and Egypt will grow their exports. With this in mind we came to the forum; about 35 Egyptian companies are taking part in it, and we hope that we will be able to promote this scheme for the common good," Alaa Ezz said...

Belarusian MMZ to ship 1,500 engines to Pakistan
Representatives of the company met with MMZ Director General Aleksandr Rogozhnik. The sides discussed further interaction for the sake of exporting more Belarusian engines to Pakistan. Prospects of increasing the sales were discussed. The first batch of 125 D-244 engines is being prepared for shipment to the customer as part of the contract...

Belarusian MMZ to ship 1,500 engines to Pakistan
Representatives of the company met with MMZ Director General Aleksandr Rogozhnik. The sides discussed further interaction for the sake of exporting more Belarusian engines to Pakistan. Prospects of increasing the sales were discussed. The first batch of 125 D-244 engines is being prepared for shipment to the customer as part of the contract...

Opinion: Belarus is developing comprehensive relations with Africa
"The more we communicate, the closer we become to each other. This approach fully meets the desire of our country to build up comprehensive and systematic relations with the states of Africa, to develop active work in the markets of the African continent,” the deputy minister of foreign affairs said...

Belavia launches regular flights to Russia’s Ufa
This is the third Russian city to which the Belarusian airline started flying this month. Earlier, Belavia started operating flights to Yekaterinburg and Samara. Ufa has become the ninth regular route of the airline to Russia, available to passengers at the moment...

Belarus, Russia yet to reconcile programs on gas, taxes
"Only two out of 28 Union State programs remain pending. These are programs on the formation of the common gas market and the harmonization of tax legislation. We have made very significant progress in drafting these two programs. Earlier the idea to develop a Union State program on improving tax legislation was completely rejected, while now the parties are consistently working on harmonizing tax legislation,” Vladimir Makei said...

Lukashenko, Putin in favor of securing positive trends in Belarus-Russia trade
Aleksandr Lukashenko stated that Belarus’ GDP growth rate is virtually on par with Russia’s. “Do you know they went as far as to predict some stagnation in Belarus. The Russian economy grows. Naturally our economy moves well because it is tied to Russia. But there are always those, who want to make problems for us. You know about them,” he said...

Call on CIS countries to reopen, resume transport services
“If the current situation is more or less normal and we have leveled it off, let us reopen to each other,” the head of state said...