Business news

Tax relief, preferences to Belarusian economy amid pandemic estimated at over Br34m
“Large-scale work has been launched to support the organizations that have been affected by crisis phenomena in the world economy. Tax reliefs and preferences have been granted to about 47,000 commercial entities and self-employed businessmen"...

Belarusian Ruzspedition to double container transportation to China
The top exports included consumer goods, food industry products, woodworking industry products, and agricultural goods. The minimal delivery time is 14 days. The company also intends to introduce a new service of freight delivery by rail...

Belarus’ coronavirus strategy hailed as effective
He noted that by the nature of his activities he meets with representatives of many countries. Recently, for example, he visited Serbia, met with the head of state. According to him, the country is struggling to restore the economy after months of downtime due to coronavirus...

Prospects for Belarus-Turkmenistan cooperation emphasized
Vladimir Ulakhovich suggested holding a series of industry-specific online meetings and seminars, where representatives of business of Belarus and Turkmenistan will be able to study in detail the possibilities of mutually beneficial cooperation...

Belarusian automaker MAZ presents new products at Belagro 2020
MAZ presented a total of about 10 vehicles at Belagro 2020, including the multi-lift truck...

Governor: Omsk Oblast is interested in new business contacts, experience exchange with Belarus
“There are many points of contact for fostering relations between Omsk Oblast and Mogilev Oblast. The free economic zone Mogilev has a new plant producing technical carbon, which is part of the Omsk Carbon Group"...

Belarusian MTZ to ship 120 tractors to Russia’s Omsk Oblast
The CEO noted: “Russia is a very large country. Many regions have their own peculiarities. This is why we take interest when official delegations led by oblast governors arrive. The visits offer opportunities to talk to them in person about what we can do, demonstrate the machines, and discuss possible cooperation options, including manufacturing cooperation”...

Belarus, Russia sign agreements, contracts worth over $700m at Forum of Regions
“We have signed about 70 cooperation agreements and commercial contracts worth more than $700 million during the forum. The documents will contribute to the cooperation between our countries, will promote programs and agreements in social and humanitarian affairs,” Roman Golovchenko noted...

Lukashenko on cooperation with Russia: No serious progress without honoring our commitments
Since 2000, the two countries have fulfilled more than 50 Union State programs in technology and innovation. Comprehensive dialogue has been established between the Belarus Hi-Tech Park and the Skolkovo Innovation Center...

Russia seeks to expand cooperation with Belarusian light industry
The biggest Russian companies Vostok Service, Parizhskaya Kommuna, and Vyazma Leather Plant are interested in purchasing Belarusian leather and semi-products, while Gulliver and Co brand is ready to make children's apparel at Belarusian companies...

Belagro 2020 expo to kick off in Minsk
This year Belagro is held as part of the Forum of Regions of Belarus and Russia. Its several expositions will feature companies of Russian regions: Bryansk, Rostov, Volgograd, Saratov, and Voronezh oblasts. Hungarian companies will also be on show...

Investment agencies of Belarus, Russia’s Pskov Oblast sign cooperation agreement
The parties agreed to create favorable conditions for mutual investment and joint projects, to exchange information on business conditions, investment opportunities and proposed projects, and to take part in seminars, conferences, forums and other investment activities...

Production of Belarusian haul trucks BelAZ in Russia under consideration
The official said that the Belarusian side had suggested considering the production of BelAZ trucks in Russia. “We are actively working on it. I think such a project can be implemented in the territory of the Russian Federation,” Viktor Yevtukhov said...

Belarus-Russia Union State eyes energy-intensive projects as BelNPP goes online
“The largest energy project is the Belarusian nuclear power plant. Before it reaches the designed capacity, we need to start working on large energy-intensive projects. Among them can be joint projects in energy-intensive manufactures"...

Belarus ready to sell vehicles, machines, equipment to Russia’s Irkutsk Oblast
Belarus is primarily interested in cooperation in the production sector, in particular, sales of vehicles and equipment...

Leningrad Oblast viewed as one of Belarus’ major trading partners among Russian regions
In 2019, Belarus-Leningrad Oblast trade totaled around $600 million...

China-Belarus innovation center for industrial technology opens at Great Stone
The center will also conduct its own scientific research in new materials, modern industrial technologies, digitalization in industry, bio- and eco-technology...

Lukashenko in favor of stepping up cooperation with Russia’s Irkutsk Oblast
Aleksandr Lukashenko underlined the importance of the visit of the delegation of Russian regions to Belarus. "Irkutsk Oblast is a giant in Russia. It is a mainstay region in Siberia. We have a great deal of plans and virtually resolved issues"...

Lukashenko invites Leningrad Oblast to build joint seaport terminal
“We are now speaking and working a lot on changing logistics for the delivery of our goods. The Ust-Luga port is in Leningrad Oblast. We need to do our best to come to an agreement. And the primary issue is railway tariffs and transshipment in ports,” Aleksandr Lukashenko said...

Belneftekhim plans to sign contracts worth $100m at Belarus-Russia Forum of Regions
"We are planning to sign contracts worth more than $100 million to supply our goods to the Russian Federation. The list of products includes synthetic fibers and threads, fiberglass, polyethylene, tires, phthalic anhydride, alkyd resins, de-icing agents"...