Business news

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...

Russian metal suppliers to more actively use Belarusian Universal Commodity Exchange
Key trends and prospects of development of exchange trade in metal products and opportunities for selling more Russian metal via the Belarusian Universal Commodity Exchange were discussed during the meeting. The roundtable session was organized by the Belarusian Universal Commodity Exchange and the Russian Union of Metal and Steel Suppliers...

Belarus-Kazakhstan trade starts growing
Roman Golovchenko said: “Kazakhstan is a very important partner for us. We maintain a very high level of relations in the bilateral format and within the framework of integration associations and international organizations. A regular dialogue between leaders of our states has been established. It creates a favorable environment for work and for achieving mutual agreements”...

Afghanistan’s business delegation to visit Minsk
Other key issues on the agenda were joint business projects that are believed to give a fresh impetus to bilateral trade...

Belarus featured at textile expo in Tashkent
The Belarusian delegation led by Bellegprom’s Chairwoman Tatyana Lugina includes representatives of Belarus’ leading enterprises, such as the Baranovichi-based cotton yarn manufacturer Blakit, Minsk Leather Production Association, Pinsk-based Polesie, and members of the Belarusian Light Industry Association...

Minsk to host 2nd Belarusian-African Economic Forum on 31 May-1 June
The aim of the forum is to present economic and export capacities of Belarus and African countries and to facilitate cooperation between embassies of African countries in advancing the bilateral trade and economic cooperation with Belarus and establishment of strong ties between partners...

Minister names new points of growth for Belarus’ trade with Russia’s Vladimir Oblast
The meeting highlighted trade and economic cooperation between Belarus and Vladimir Oblast, including in industry, agro-industrial complex, exhibition and fair activities, construction, housing utilities, and interregional cooperation...

Belarus-Kazakhstan intergovernmental commission holds meeting
The results of trade and economic cooperation in Q1 2021 were positively assessed. The mutual trade amounted to $215 million, up almost 12% form the same period of 2020. Belarus posted trade surplus of $133.5 million. The participants of the meeting also hailed the development of Belarus-Kazakhstan industrial cooperation and supplies of machinery...

Ambassador: China will continue policy of external openness, cooperation with Belarus, other countries
According to Ambassador Xie Xiaoyong, Belarus is an important comprehensive strategic partner of China. “Belarus is a country that was among the first to respond to the Belt and Road initiative and has been actively participating in it. We firmly believe that within the framework of the agreements on friendly cooperation reached by the two heads of state, the level of bilateral relations will increase in the new era"...

Belarus invited to China’s Harbin International Economic and Trade Fair as guest of honor
The Chinese participants invited representatives of the embassy and Belarusian companies to take part in the 9th Heilongjiang green food industry expo in October 2021 and the 32nd Harbin International Economic and Trade Fair in June 2022 as a guest of honor...

Belarus’ construction industry export to Azerbaijan exceeds $3.5m in Q1
The parties discussed ways to expand bilateral cooperation and studied the most promising areas for joint projects. “The high level of cooperation between Belarus and Azerbaijan, regular contacts between government bodies, as well as the hard work of the business community allow us to keep strengthening mutually beneficial relations,” Ruslan Parkhamovich said...

Belarusian government expected to work out effective response to sanctions
Aleksandr Lukashenko stressed that measures should be worked out to prevent the foreign currency Belarusians work so hard to earn from leaving the country as a torrent...

Lukashenko on talks with Putin in Sochi: Economy will be the main topic
According to Aleksandr Lukashenko, he does not see any issues in other fields...

PM: Belarusian economy grows contrary to Western projections
"The government has started implementing decisions of the 6th Belarusian People’s Congress, which approved the main provisions of the program on the country’s social and economic development. Contrary to projections of Western agencies, which promised stagnation and recession to us, the Belarusian economy has achieved quite a good pace"...

Made in Belarus exposition on display in Russia’s Ufa
The Belneftekhim concern and its subordinate enterprises Belshina, Mogilevkhimvolokno, Mozyr Oil Refinery, SvetlogorskKhimvolokno, Seismotekhnika and BMZ presented their novelties and latest developments in petrochemical industry...

Information system to facilitate Belarus’ export, import operations
The system will be established as an organized array of information resources and technologies that will take care of collection, processing, storage, systematization, actualization, and distribution of foreign trade information. The system will also enable interaction of commercial entities, which are involved in foreign trade operations, and national export support institutions...

Direct cargo flight may connect Belarus’ Orsha, China’s Haikou
In his speech, Andrei Popov got the forum participants familiar with the transport, logistics and investment potential of Belarus and the prospects of Belarusian-Chinese cooperation in the sector...

International forum in Minsk to discuss metals market trends
The roundtable has been organized by BUCE and the Russian Union of Metal and Steel Suppliers. The parties are set to discuss the current situation on the metals market in Belarus and Russia, the main trends of 2021 and a whole range of issues related to stock trade...