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Business news

16 Apr 2021
Belarus expects to get second $500m tranche of Russian loan by June-end 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...
16 Apr 2021
Over 220,000t of Belarusian freight shipped via Russian sea infrastructure already 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"...
16 Apr 2021
Belarus, Russia urged to restore pre-COVID-19 level of transportation service 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"...
16 Apr 2021
PM: Belarus-Russia trade is poised for uptick 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%"...
16 Apr 2021
Minsk Motor Plant doubles supplies to Russia in Q1 2021 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%...
16 Apr 2021
BelAZ to open Innovation Competence Center at Saint Petersburg Mining University 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...
15 Apr 2021
Belarus approves Sputnik V vaccine bottled at Belmedpreparaty 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...
15 Apr 2021
Prices for 55% of goods regulated in Belarus 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"...
15 Apr 2021
Belarus’ gold, forex reserves expected to exceed $6bn by 2021 year-end 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...
15 Apr 2021
Belarus ready to help Azerbaijan with reconstruction of Karabakh region 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...
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