Business news

Belarusian oil refineries expected to process some 18m tonnes of oil in 2021
"Negotiations on next year’s deliveries are in progress. As the baseline variant we consider the volume we intended to process this year. I am talking about 18 million tonnes of oil"...

Belneftekhim estimates investments in petrochemical industry development till 2030 at $8.8bn
About $4.9 billion will be appropriated as proprietary funds while $3.9 billion will be borrowed and raised...

Belarusian linen fabrics make their way to Japanese Saga Prefecture market
On 1-3 December the head of the diplomatic mission is vising Saga Prefecture, with which Belarus has interregional ties...

BSU to showcase 13 solutions at international expo in Russia’s Kazan
The BSU will display competitive solutions and innovations developed by its research institutes. Its exposition will be part of a collective stand of the Belarusian Education Ministry...

Belarus’ trade with Russia’s Karelia up by over 60% in January-September
There is still untapped potential in some sectors, including agriculture and manufacturing...

Belarus ready to more actively contribute to agriculture of Russia’s Pskov Oblast
The deputy prime minister suggested considering the possibility of exporting more Belarusian agricultural machines to Pskov Oblast, including powerful tractors, grain and forage harvesters, grain-drying complexes, sowing and tilling machines...

Belarus’ export woodworking potential on display in China
A representative of the Belarusian embassy in China made a presentation on Belarus’ export potential in woodworking. Negotiations with Chinese pallet manufacturers interested in Belarusian products were held during the forum...

BelNPP commissioning schedule approved in Belarus
The document is designed to manage the commissioning of the Belarusian nuclear power plant and acceptance of its energy units. The decree formalizes the terms of the commissioning: the first power unit - in 2021, the second - in the first half of 2022...

South Sinai to host Minsk Oblast Days in 2021
The parties emphasized mutual interest in developing interregional ties in economy, tourism, education, healthcare, culture and sports. The ambassador informed the Egyptian official on the state of the Belarusian-Egyptian cooperation and also the plans to host bilateral events in Egypt in early 2021 to boost tourist exchange...

Golovchenko, Mishustin discuss economy, measures to combat COVID-19
Roman Golovchenko and Mikhail Mishustin also discussed the schedule of forthcoming government-level contacts and the agenda of the next session of the Eurasian Intergovernmental Council, which is due to take place on 4 December in the videoconference format...

First container train from Japan to Europe crosses Belarus
Belarusian Railways has provided passage and terminal services to the first full container train carrying goods from Japan to Western Europe. It was part of a joint project of Belarusian Railways, Russian Railways, AO RZD Logistics, and the Russian Far East shipping company FESCO...

Belarus, Colombia discuss setting up joint commission on economic cooperation
The Belarusian Ambassador also spoke in favor of setting up a joint commission on trade and economic cooperation to facilitate contacts between the business communities of Belarus and Colombia...

Belarus to reduce oil export duties on 1 December
In line with the document the size of the export duty on crude oil, furnace oil, oil bitumen, and used oil products will be $42 per tonne ($42.2 previously)...

Belarusian project among winners of EDB competition for best solutions against COVID-19
A total of 163 applications were submitted for the competition from all the countries-members of the EDB, including 17 applications from Belarus, said Tigran Sargsyan, Deputy Chairman of the Board of the Eurasian Development Bank...

Long-term program on upgrading Belarusian peat enterprises drafted
Its main goal is to diversify the country’s fuel and energy budget with peat products, fully satisfy the demand for peat fuel, and ensure the uninterrupted operation of peat industry enterprises...

Great Stone Park, Udmurtia Development Corporation sign agreement on cooperation
According to the document, the parties will cooperate in investors’ attraction, promote the development of industrial cooperation of the park's residents and enterprises of Udmurtia, provide information, consulting and expert support, and hold joint presentations...

Deliveries of oil, natural gas from Russia to Belarus discussed
Instructions were given to government agencies concerned as a result of the meeting. Consultations will continue later on...

Belarus’ Economy Ministry reveals five-year plans
"The main areas of focus are social benefits, efficiency of the public sector, encouragement of business initiatives, and ways to raise foreign investment"...

Peculiarities of draft program on electric transport development in Belarus in 2021-2025 spelled out
increase in the number of charging stations requires a better power grid. All of it needs to go hand in hand with measures meant to encourage more active adoption of electric transport not only by individuals but companies as well...

Belarus’ ambassador meets with Moldovan premier
The parties discussed ways to expand economic cooperation and trade in 2021...