Business news

Plans to launch production of COVID-19 drug capsules at Great Stone Park
The document was signed by Minsk Oblast Governor Aleksandr Turchin and Director of the Jintai Institute of Culture and Economics Cai Chuanqing. The memorandum provides for the study of medicine in both countries and its development...

Deputy minister: Belarus’ products are popular in all markets
"Of course, distant markets like Southeast Asia, the Pacific, Africa are now among the most promising ones. Robust economic growth in these countries means a great opportunity to expand our presence there"...

Belarus’ ranks in Global Innovation Index 2021 improved
Belarus’ ICT Services Exports rank went up by four points to 11. Meanwhile, Belarus’ ICT Access went up from 19 to 16...

BelCCI office in Minsk, CCPIT Guangdong sign agreement on cooperation
The document was signed by Belarusian Consul General in Guangzhou Andrei Popov on behalf of the Minsk Office of the Belarusian Chamber of Commerce and Industry and Vice President of the China Council for Promotion of International Trade of Guangdong Province Cui Shuang...

Belarus-China online business matchmaking session due on 29 September
Taking part in the session will be representatives of government agencies working in the field of science, innovation and education, representatives of research and manufacturing centers, universities, start-ups, as well as entrepreneurs, heads of industrial enterprises, technology developers and experts...

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...