Business news

Belarus’ trade surplus at $1.9bn in 2020
"Despite the decrease in the number of contacts, including the impossibility of conducting high-level and top-level visits, industry and business exchanges, we managed to maintain a strong presence in foreign markets and used new formats of remote interaction to maintain extensive cooperation with key partners"...

China described as Belarus' most important non-CIS partner
According to him, Belarus also expanded its cooperation in politics, trade and economy with other traditional and new prospective partners in Asia, Africa, Latin America and the Middle East...

Minsk to host Belarusian Construction Week on 7-9 April
The expo will take place in the Indoor Football Arena. Visitors will be able to learn about new trends and solutions of the civil engineering industry. As part of the expo real estate developers, vendors, manufacturers and other representatives of various companies will have an excellent opportunity to establish cooperation with colleagues...

Belarus’ Hi-Tech Park residents make it into 2021 IAOP Global Outsourcing 100
The 2021 Global Outsourcing 100 list has included the following HTP residents: A1QA (Quality Technologies), Itransition and SolbegSoft. The first company provides services for analysis, design and software support of information systems in various applications...

Kazakhstan interested in Belarusian experience of development of dairy industry, sugar industry
According to the source, Belarus-Kazakhstan trade is on the rise and it is up to the agriculture ministries to help it grow. There are plans to advance cooperation along other avenues as well. The coronavirus pandemic has demonstrated the strong demand for all kinds of agricultural products, Saparkhan Omarov said...

Belorusneft eager to start offering premium Plug&Perf services by 2025
The age of light crude is over. Today most of the oil deposits in Belarus are hard to recover. Belorusneft specialists use cutting-edge technologies, including Plug&Perf, to extract such oil...

Belarus-China trade hits $4.6bn in 2020
"According to the National Statistical Committee, China became Belarus’ second biggest trading partner by the end of 2020. Russia retained the first spot"...

BUCE working on exporting Belarusian sawn timber to France
The Bois Import SA representative Franck Vangendt noted that the company has been buying sawn timber from Baltic states for quite some time, but the coronavirus pandemic has forced the company to seek alternative markets. Belarus can be one of such markets...

UAE halal certification for Belarusian exporters discussed in Dubai
For example, the Belarusian delegation met with Deputy Minister of Industry and Advanced Technology of the United Arab Emirates Omar Al Suwaidi to discuss the Halal certification scheme and a possibility to arrange a training seminar on the requirements for this certification by the Emirati side...

Minsk to host Budpragras 2021 construction exhibition on 14-19 September
This year, the exhibition in the Football Indoor Center will feature new construction products, advanced technologies, equipment and will be running the following sections "Building Machinery," "Industry of Building Materials," "Smart House Management Systems," "Interior Light"...

Sochi meeting of Belarus, Russia presidents expected to yield economic return
Mikhail Kovalev emphasized the importance of Russia’s decision to encourage the consumption of Belarusian goods. Thus, in addition to food, Belarus sells more vehicles and tractors. “Good relations between our presidents give hope that bilateral trade will become more balanced,” he concluded...

Belarus’ ambassador, Iranian MP discuss economic contacts
The parties discussed the bilateral legal framework and ways to improve it, trade and economic cooperation and preparations for the 15th session of the Belarus-Iran economic cooperation commission in Minsk...

Mozyr Oil Refinery getting ready to commission heavy oil hydrocracking complex
Despite frosty weather the specialists have managed to keep working fast in the course of completing construction and installation work and preparing the complex for commissioning...

Export of sawn timber through Belarusian commodity exchange up 27% in January
The main markets were Germany, Latvia, and Lithuania. Companies from these countries purchased Belarusian sawn timber for the total amount of $24.4 million. The largest buyers of Belarusian sawn timber also included Azerbaijan, the UK, the Netherlands, Poland, Slovakia, and Estonia...

Belarusian food on display in Dubai
As many as 25 Belarusian food producers are taking part in Gulfood 2021. Their exposition has been organized by BelInterExpo. The exposition features Belarusian meat products, dairy products, groceries, confectionery, poultry meat products, and products made of eggs...

Belarusian companies plan to sign $2m contracts at Gulfood 2021 in Dubai
The total sum of contracts that Belgospishcheprom companies are set to conclude in Dubai will be more than $2 million. For example, on the first day of negotiations, Grodno Tobacco Factory Neman signed a contract for $1 million, and Belpishcheprom signed a supply contract worth $500,000...

Putin: Russia transfers coronavirus vaccine production technology to Belarus
According to Aleksandr Lukashenko, the production will be launched in Belarus in early March...

Northern Waterfront project might kick off in Belarus within month
Speaking about investments in the project, he noted that the investments are estimated at several billion euros...

Lukashenko to consider draft presidential decree on Northern Waterfront project soon
A company has been set up in Belarus to take care of the project’s implementation. “We expect the company will start working hard on developing the site after the presidential decree is signed”...

Flydubai starts flying from Dubai to Minsk
“We are convinced that the development of air service between Belarus and the United Arab Emirates, including the launch of air service by Flydubai, will contribute to closer cooperation between our countries in economy, culture, and tourism and to the increase in both direct and transfer passenger traffic,” Director General of Minsk National Airport Vyacheslav Khoronenko said when commenting on the new flight...