Business news

Belarusian commodity exchange registers 5,000th foreign company
According to the director general of Wenzhou Ruijun Steel, the company got accredited at BUCE to expand its geographic reach and to start working with Belarus’ largest consumers of metal...

Number of companies residing in Belarus’ Hi-Tech Park past 1,000
The new Hi-Tech Park companies specialize in various areas, including healthcare, financial technologies, digital commerce, gaming, transport, production sector, and agriculture...

Belarusian Universal Commodity Exchange facilitates first deal with Egyptian company
The Egyptian company Sama Al-Jazeera for Import and Export has bought a test batch of Belarusian sawn timber...

Belarus-Uzbekistan business council to meet in Tashkent on 4 March
Belarus will be represented by more than 70 heads and representatives of organizations and companies, including the flagships of mechanical engineering, biggest food manufacturers, pharmaceutical companies, logistics and insurance companies, research facilities and educational institutions...

Minsk to host ITU’s international forum on smart sustainable cities
The event will be attended by representatives of the ITU, government, regional authorities and also major institutions of science and education. Speakers from Russia, Ukraine and Azerbaijan, experts from the Green Cities Project, UNDP...

Russia’s Primorsky Krai explores product deliveries from Mogilev Oblast of Belarus
During the meeting, the parties discussed the terms of product deliveries and a possible assortment list. The meeting participants expressed their opinion and proposals for cooperation. We agreed to work out in more detail and discuss the most favorable terms of cooperation for both sides. The next meeting has been scheduled to take place between 10 and 12 March this year...

Moscow to host CIS Economic Forum on 11-12 March
The event will be held under the motto “CIS - 30 Years” in two formats: face-to-face and online...

Belarus to build over 10 social facilities in Russia before late 2025
"The main driving force behind the export of Belarusian construction services is our holding company Belstroycenter. The company is now simultaneously building about five social infrastructure facilities in the Leningrad and Kaluga regions. We also have good prospects for cooperation with Bryansk and Pskov regions"...

Belarus signs $7m worth of contracts at Gulfood expo in Dubai
A total of 25 Belarusian food manufacturers showcased their products in the national pavilion Belarus. The Taste of Nature at the large international exhibition of food and beverages Gulfood 2021 in Dubai. Domestic manufacturers displayed meat and dairy products, poultry and egg products, groceries and confectionery...

Belarus, European Federation of Bilateral Chambers of Commerce discuss prospects for cooperation
Ambassador Andrei Grinkevich talked about the trade, economic, investment and export potential of Belarus with a focus on the high competitiveness of a wide range of Belarusian products. The parties discussed further cooperation within the framework of the Belarusian-Romanian and Belarusian-European interaction...

Belarus, Russia discuss cooperation in customs matters
The parties discussed bilateral cooperation in the customs sphere, including the results of joint work and promising areas of interaction between the customs services of the two countries...

Belarus, Egypt keen to develop joint assembly plants
The parties hailed successful cooperation between Belarusian and Egyptian industrial companies in 2020 and expressed readiness to facilitate further development of joint enterprises to assemble Belarusian machinery in Egypt...

Belarusian Gomselmash to ship first GS-812 soya harvester to Argentina
Plans have been made to ship ten high-performance forage harvesters (FS-80 and FS-8060) to farmers in Latin America in 2021...

BUCE accredits first broker from Estonia
Weheat OU specializes in selling wood chips and pellets for the energy sector. With the status of an exchange broker, the company plans to attract buyers of timber products from the Baltic states, Poland, Germany and Scandinavia to the exchange trade, and also to inform the European business community about the advantages of using the exchange mechanism for entering the market of Belarus...

Lukashenko calls to develop comprehensive pricing policy
The head of state believes that the government should pay attention not only to prices for staple goods. “We should keep track of all prices. We have taken just some 60 products under control. For example, we are regulating prices for milk, meanwhile prices for vegetable oil are free to grow as fast as they can,” the president said...

Belarus’ Rogachev milk canning factory to deliver butter to UAE
The products of the Rogachev milk canning factory were on display as part of the national exposition of Belarus. The Taste of Nature at the large international exhibition of food and beverages Gulfood 2021 in Dubai. The company showcased canned milk, butter and cheese, as well as sterilized drinking milk...

Belarus to raise export duties on oil, oil products on 1 March
In line with the document the size of the export duty on crude oil, furnace oil, oil bitumen, petrolatum, paraffin, and waste oils will be $49.6 per tonne ($43.8 previously)...

Belarus manufactures first validation batches of Russia’s Sputnik V vaccine
"The mass production of the vaccine will be launched after evaluating the stability of the first batches of the Sputnik V vaccine"...

Food accounts for 20% of Belarus’ exports in 2020
Belarusian food producers supplied goods to 116 countries, including the Eurasian Economic Union and the European Union, Asia, Africa, the Middle East, South and North America...

Cryptocurrency mining possibilities under consideration in Belarus
"It is a new direction for us for now. It is quite interesting but in order to start doing it, we have to study the matter from every angle, including the possible risks this kind of activity involves"...