Business news

Minsk to host Ecology Expo, forum on 3-5 June
The exhibition and the forum are seen as a unique platform for shaping the country’s development with the help of the “government-business-society” system...

Belarusian commodity exchange reveals top exporters in Q1 2021
In Q1 2021, the top three exporters on BUCE included the Bellesexport company affiliated with the Belarusian Forestry Ministry, Belarusian Cement Company, and Vitebsk Sawmill...

Lukashenko wants smooth economic cooperation with Ukraine
"The trade with Ukraine is estimated at nearly $5 billion. You know that we have never, even in this situation, done any harm to Ukraine. We gave everything Ukraine asked for, including electricity when there was a problem with it. It was my personal order to give as much electricity as Ukraine needed"...

Center for technologies, innovations set up in Vitebsk State Medical University
The establishment of centers designed to support technologies and innovations in Belarus is supposed to help involve young Belarusians into the innovation process and improve the system of intellectual property protection and commercialization...

Belarus to debut at Arabian Travel Market in Dubai
Belarus’ national exposition will showcase the country’s travel opportunities, the richness and diversity of its natural resources, and its historical and cultural heritage. The exposition is seen as an effective means to present the capacities of Belarusian health resorts...

Belarusian nuclear power plant’s second unit’s nuclear fuel delivered
The fuel rod arrays will be stored in the fresh nuclear fuel storage facility until they need to be loaded into the reactor of the second unit...

Mozyr Oil Refinery plans to increase oil processing volumes in April
Every day the plant ramps up production of bitumen. This product is shipped by road and rail around the clock...

Minsk to host Leisure 2021 expo on 23-25 April
“We are working together with Belarusian regions to help them market their identities. In 2021, we have developed new routes, trademarks, and activities in various avenues of tourism. Travel agents and tour operators, especially those that want to gear to the domestic market, will have a great opportunity to communicate with representatives of Belarusian regions at the expo,” noted Irina Voronovich...

Belarus expects to get second $500m tranche of Russian loan by June-end
"We made arrangements for the first half of the year, the second quarter. Let's hope that it will arrive by the end of June," Yuri Seliverstov said...

Over 220,000t of Belarusian freight shipped via Russian sea infrastructure already
"Our cooperation in transshipping Belarusian freight via Russian sea ports can serve as an example of how difficult problems of bilateral interaction should be resolved"...

Belarus, Russia urged to restore pre-COVID-19 level of transportation service
"Perhaps, we could consider resuming business travel to begin with. This will give an additional impetus to inter-regional contacts and send a good message to the business community"...

PM: Belarus-Russia trade is poised for uptick
"In January-February Belarus’ merchandise export to Russia rose by about 5%, and Russia’s export to Belarus increased by nearly 25%"...

Minsk Motor Plant doubles supplies to Russia in Q1 2021
In 2021 Minsk Motor Plant plans to continue developing its distribution network in Russia in two directions: engines and spare parts, as well as special machinery. Exports are planned to increase by 11%...

BelAZ to open Innovation Competence Center at Saint Petersburg Mining University
The BelAZ Innovation Competence Center will use the best technological solutions in engineering, digital and information technology in the mining industry. The center will help the university improve educational, scientific and practical training of students and also BelAZ customers undergoing advanced training courses at the university...

Belarus approves Sputnik V vaccine bottled at Belmedpreparaty
The decision is based on the findings of a comprehensive expert assessment of the registration dossier materials by the Center for Examinations and Tests in Health Service and the National Research Center for Microbiology and Epidemiology...

Prices for 55% of goods regulated in Belarus
"It is a temporary system meant to reduce the inflation spike caused by the introduction of the VAT, the growth of world prices for food and raw materials. It is delicate work because we have to ensure the financial stability of enterprises (manufacturers, retailers, importers), the availability of a broad range of goods on store shelves. We also have not to worsen the situation with payments for the goods being delivered"...

Belarus’ gold, forex reserves expected to exceed $6bn by 2021 year-end
“Taking into account the fulfillment of external or internal obligations, gold and foreign exchange reserves stood at $6.9 billion as of 1 April. At the end of the year, taking into account projected receipts and payments, we expect the reserves to exceed $6 billion. This will be equal to two months of imports of goods and services,” Pavel Kallaur said...

Belarus ready to help Azerbaijan with reconstruction of Karabakh region
Ruslan Parkhamovich said that Belarus attaches special importance to the development of bilateral trust-based ties with Azerbaijan. The minister emphasized that Belarus is ready to support Azerbaijan in its construction and restoration work in the Karabakh region. Belarusian designers and experts are ready to participate in Azerbaijan's urban development processes...

Opinion: Belarus’ Gomel Oblast, Russia’s Bryansk Oblast need to strengthen industrial cooperation
“Undoubtedly, there are great prospects for the construction industry in both the regions, as evidenced by the composition of our delegation, which included the heads of the largest construction organizations of Gomel Oblast,” said the Gomel Oblast governor. He stressed that Gomel builders have already been actively constructing housing in Kaluga and Kursk regions...

Uzbekistan’s delegation visits educational center of Belarus’ Emergencies Ministry
During the visit to the educational center, the delegation of Uzbekistan also got familiar with work of more than 30 interactive facilities that use modern information technology, digital environment, augmented and virtual reality, which helps students immerse in the environment that imitates emergency situations...