Business news

China-Belarus science and technology center inaugurated in Great Stone park
The center will be the park’s first comprehensive platform to nurture innovative entrepreneurship and cooperation in science and technology. It will house research laboratories, incubation and acceleration zones for start-ups, a testing center and a small-scale production center, and a hall to showcase achievements...

BUCE seeks closer cooperation with Russia’s Smolensk Oblast
The webinar covered the whole range of issues related to the use of the BUCE trading platforms for Smolensk companies to enter the Belarusian market, including through participation in public procurement procedures. “Smolensk Oblast is a priority for us in terms developing exchange trade with the Russian Federation. Today about 400 Smolensk companies are accredited on the exchange - more than from any other region of Russia...

Gomselmash ships another 30 vehicle sets KZS-10 MAX to Kazakhstan
The innovations of this model were liked by the agrarians of Kazakhstan. This resulted in the order of additional 30 vehicles. “In Kazakhstan, these vehicle sets are used to produce the Essil-750 version,” the press service added...

Lukashenko signs next year’s social, economic development documents
Presidential decree No.480 outlines the most important parameters of the forecast of Belarus’ social and economic development for the year 2021. The document specifies the following important parameters, which are supposed to improve living standards...

Online seminar held in Jiaxing to promote China-Belarus industrial park Great Stone
The sides discussed ways to use capabilities of the China-Belarus industrial park Great Stone for the sake of further expanding bilateral R&D cooperation and for commercializing joint R&D products in the area of innovative manufacturing, new materials, and artificial intelligence...

Pilot commercial operation of first unit of Belarusian nuclear power plant authorized
The permission is based on Gosatomnadzor’s conclusion. In line with the effective legislation the regulatory agency had looked into results of the expert evaluation of the safety substantiation documents and had examined the readiness of the Belarusian nuclear power plant to carry out the mentioned activities...

PM: Armenian business is welcome in Belarus
According to him, trade and economic cooperation between Belarus and Armenia has been developing very fruitfully and constructively. The prime minister also hopes it will become even more vibrant. “Good figures in trade are probably the main indicator of how active the officials and businessmen of the two countries are. Of course, we expect this trend to continue next year,” the prime minister stressed...

Belarus’ high-tech exports projected at $15bn in 2020
“This year the export of high-tech products is projected to total $15 billion, as in 2019, or even higher a little. It is difficult to access new markets with these products, but they are in demand, despite the pandemic, as it is difficult to find substitutes,” Aleksandr Shumilin said...

Turbine generator of Belarus’ nuclear power plant’s first unit reconnected to power grid
The pilot commercial operation of the first unit will begin soon after the Nuclear and Radiation Safety Department of the Belarusian Emergencies Ministry (Gosatomnadzor) gives permission. As part of this stage the reactor’s output will be raised to 75%-90%-100% while conducting the necessary tests, including load shedding of the turbine generator to zero...

Belarusian commodity exchange holds presentation in Egypt
The Egyptian business community was informed about the capabilities of the Belarusian woodworking sector and about woodworking products manufactured in Belarus. The presentation highlighted the possibilities of supplying various types of wood boards through the Belarusian Forest Company and sawn timber with the assistance of the Belarusian Universal Commodity Exchange...

Energy Ministry to evaluate possibility of building second nuclear power plant in Belarus next year
BelTA reported earlier that the Belarusian side and the Russian state corporation Rosatom are discussing the construction of the second nuclear power plant in Belarus...

Another round of Belarus-Russia talks on gas deliveries to take place this week
The official said: “The negotiations are still going on. They have not finished. Another round of talks is supposed to take place this week. We will be able to talk about concrete results after these talks”...

Belarus calls for joint international effort to fight counterfeit products
Participants of the forum are expected to discuss practical aspects of the fight against counterfeit goods in the digital environment. They will also discuss the labelling and tracking of goods, problems of product safety and counteraction of forgeries, mechanisms designed to counteract illegal trade in tobacco products in the Eurasian Economic Union...

Belarus’ first grocery store opens in Tokyo
The grocery store is called Nature kiosk. It opened on the initiative of the Japanese company DairyBev Co. that actively supports the Belarusian-Japanese Business Club...

Belarus, Turkey’s Kutahya agree on industrial cooperation projects
The Belarusian consul general and Kutahya Mayor Alim Isik exchanged views on opportunities to increase interregional cooperation. The main attention was paid to the development of trade and economic cooperation...

Belarus, Uzbekistan discuss supplies of Belarusian construction materials
The parties discussed supplies of Belarusian construction materials, furniture, wallpaper, and other woodworking products to Uzbekistan. The Belarusian delegation also visited several large enterprises and trading companies based in Tashkent...

12 videoconferences held by Belarusian Gosatomnadzor ahead of ENSREG experts’ visit
According to Gosatomnadzor, the agency held 12 videoconferences to discuss administrative and technical aspects of events of the peer review, including six consultations between experts. The Belarusian side prepared and sent answers to 245 questions about the national action plan to ENSREG...

Nigeria’s farmers association keen to buy Belarusian farm machines
The Belarusian ambassador invited the representatives of the association to take part in the 31st international expo Belagro that is due in Minsk on 1-5 June 2021...

Belarus’ ambassador meets with CEO of Korea’s vaccine company
During the meeting the parties exchanged views on the latest trends in the bio-pharmaceutical industry, emphasized the importance of having national infrastructures to produce vaccines, and discussed possible ways of cooperation, including in the field of research...

Belarus, Russia’s Vladimir Oblast sign action plan to implement cooperation agreement
The action plan sets forth activities in various fields of the bilateral cooperation and is aimed at intensifying direct ties between economic entities of Belarus and Vladimir Oblast. The focus is placed on cooperation in industry, construction, housing and utilities, and agriculture...