Business news

Belarus may start getting compensation for Russian tax maneuver by year end
The ambassador did not specify how exactly Belarus will be compensated...

Belarus hosting ENSREG experts
The group includes experts from Austria, Germany, Ukraine, Czechia, Switzerland, Greece, Bulgaria, and Finland. Petteri Tiippana, Director General of the Finnish Radiation and Nuclear Safety Authority (STUK), is heading the group...

Belarus, Israel to arrange forum on ICT, bio, nanotechnologies in Minsk
The initiative was put forward by Chairman of the State Science and Technology Committee of Belarus Aleksandr Shumilin as he met with Ambassador Extraordinary and Plenipotentiary of Israel to Belarus Alex Goldman Shayman...

New China-Belarus industrial park company to make electric scooters
The investment project provides for making folding electric scooters. Such scooters are powered by triple lithium batteries and boast small weight and a mobile app, which provides travel data...

Vice premier: Belarus follows China’s state corporation policy
“This issue has been discussed for a long time already. Times are changing and we also need to transform to be more successful and efficient. Belgospishcheprom is viewed is one of possible state corporations"...

Belarus’ food exports to Turkey up almost 5 times in H1 2021
Turkey is an important trade and economic partner for Belarus. In H1 2021, food exports to Turkey increased 4.8 times compared to the same period last year and amounted to $2.9 million. Belarus is interested in further increasing the supply of high-quality food products to Turkey...

Belaruskali to ramp up fertilizer output to 16m tonnes by 2030
According to him, the company plans to ramp up its output to 15.1-15.5 million tonnes by 2025 and to reach 16 million tonnes by 2030...

Lukashenko pledges support for Polesie region
Aleksandr Lukashenko was informed about development prospects for Belaruskali and Petrikov Mining and Processing Plant in particular, the social and housing construction programs...

Deputy minister: Belarus-China investment cooperation relies on interregional contacts
“More than a hundred events will be held as part of this initiative in the next few years. This is expected to give a strong boost to interregional contacts, which will reinforce our cooperation and friendship. Chinese companies are successfully operating in Belarus, having implemented over fifty investment projects last year"...

Rogachev Milk Canning Factory ships first batch of concentrated milk to Saudi Arabia
The shipment took place in July. This market is very interesting for the Belarusian company...

Mohamed Alabbar: Northern Waterfront smart city in Minsk will be one of world’s best projects
On 26 August Minsk Mayor Vladimir Kukharev and Mohamed Alabbar discussed the construction of the Northern Waterfront smart city in Minsk...

Belarus’ e-commerce opportunities displayed at China-Eurasia Expo
The event was attended by representatives of the organizing committee and the secretariat of China-Eurasia Expo, and top officials of enterprises and organizations of the countries - honorary guests of the exhibition: Azerbaijan, Belarus and Pakistan...

Minsk Motor Plant increases engine supplies to Cuba
Sixteen engines have already been shipped to Cuba. More than 30 will be exported in September. By the end of the year, the dealer is ready to sell more than three dozen engines...

Plans to reorganize Belarus’ Belgospishcheprom food concern into state corporation
Aleksandr Lukashenko wanted to know what benefits this move is expected to bring. “Indeed, no one needs reform for the sake of reform. It must be effective and produce the desired results, first of all, financial results. It should translate into bigger profits, higher profitability and greater efficiency,” the Belarusian leader emphasized...

Ministry: Belarus-China relations expanding rapidly
“On the whole, Belarus-China trade went up by 13%, with exports to China increasing by 21%. These were mainly food exports. The deliveries soared almost 1.5 times in H1. We hope that our regional cooperation will give a significant boost and show additional reserves,” Anzhelika Nikitina said...

Belgospishcheprom enterprises penetrate 13 new target markets in H1 2021
The foreign trade surplus of Belgospishcheprom’s enterprises totaled $23 million in January-July 2021...

Belarusian defense companies participating in Army 2021 forum in Moscow Oblast
Over 20 Belarusian defense plants, research institutes, and design bureaus have presented their stands at this year’s forum...

Belarus open for international cooperation, promotion of important initiatives
Despite the pandemic, Belarusian exports of goods and services to China continue to grow. Last year it exceeded $1.2 billion. In H1 2021 the figure was up 21% from the same stretch in 2020 to total $624 million...

Lukashenko: My dream of having harvester production in Belarus came true
“The event is somewhat symbolic. Yet, it celebrates a very important stage in the development of our state. Not even the agricultural sector, but an entire state. We remember very well the time when people had nothing to eat, and people had to be fed. How could we do without bread? We had some harvest in the fields, but we had no machines to crop it with. It was then when these important decisions for the sector were made”...

Belarusian MTZ to ship 219 tractors to Sudan
Early this summer, the plant signed a big contract with a dealer from Sudan to supply 204 BELARUS-800 tractors. After the additional negotiations, the Sudanese partner also decided to buy BELARUS-92, a new model for the Sudanese market...