Business news

Belarus’ Economy Ministry holds foresight session to discuss SMEs
The ‘map of the future’ is expected to be used as a roadmap of successive actions to create favorable conditions for small and medium-sized businesses in Belarus taking into account the projected risks and probable deterrents...

Belarusian ambassador visits Russia’s Kemerovo Oblast, Sakhalin Island
During the visit Russia’s largest technical support center of the Belarusian automobile engineering company BelAZ was opened in Belovo District, Kemerovo Oblast. Events were arranged for the sake of further advancing trade and economic cooperation with Kuzbass. Future deliveries of haul trucks and aftersales service were discussed...

Belarus Mogotex develops reusable coveralls for healthcare workers
The coveralls were made from PROTO 65" waterproof, breathable fabric membrane developed by Mogotex in strict compliance with requirements determined by the Healthcare Ministry...

Chambers of commerce of Belarus, China to promote bilateral business relations
The participants discussed cooperation in production and supplies of baked goods, wine, dairy products, in the leather industry, international shipments, trade in cosmetics and medical equipment...

Big Chinese company shows interest in purchasing meat via BUCE
Following the results of negotiations between the BUCE and the company, there are plans to look into the possibility of organizing supplies of Belarusian agricultural products to China using the exchange mechanism. The Chinese side, in particular, expressed interest in purchasing pork and beef at trade sessions. According to the top manager of Hebei Xinbenshi Agricultural Technology, this product is in great demand in China...

Belarusian BelAZ trucks to work in Gobi Desert
Mongolian customers are familiar with the BelAZ brand and have a lot of experience of using and maintaining Belarusian haul trucks. BelAZ trucks have been sold to Mongolia since the 1970s. Large batches of trucks were shipped every year in the last five years. In 2019 alone 35 haul trucks were shipped to Mongolia...

Lukashenko extends Miner’s Day greetings to Belaruskali workers
“Mining industry is one of the key sectors for the country's economy. Thanks to your hard and responsible work Belarus is now the largest producer and supplier of potash fertilizers on the world market”...

Call to convert potential of Belarusian Polesie region into new contracts
According to Vladimir Ulakhovich, the main task is to use the potential of Polesie, to convert it into new contracts, exports, the development of the economy, new production facilities and technologies. “We want the diplomats, who are responsible for trade and economic cooperation with Belarus in their embassies, to meet with the heads of enterprises to learn more about them, their manufacturing potential"...

Dairy products account for 43.3% of Belarus’ farm exports
"In January-June 2020 export of milk and dairy products amounted to $1.179 billion. In physical terms, exports increased by 5.8%: cheese and cottage cheese by 10.1%, dry whole milk by 1.3%, milk and condensed cream by 30.2%, dry milk whey by 24.3%"...

Delegations from 10 countries attend Mozyr Economic Forum
The forum brought together diplomats from Armenia, Azerbaijan, Bulgaria, Iran, Lithuania, Pakistan, Palestine, Russia, Sudan, and Uzbekistan. Mozyr also welcomed representatives of other Belarusian regions...

Belaruskali operates at maximum capacity
Contract obligations to buyers are fulfilled in full, the company stressed...

Belarusian Universal Commodity Exchange starts cement sales
According to the source, BUCE has started regular trade sessions to sell products of the holding company Belarusian Cement Company on the home market. As many as 18 indivisible lots with the volume varying from 2,000 tonnes to 20,000 tonnes were available for sale on 27 August. As a result of the trade session 7,000 tonnes of cement was sold for Br991,200...

Opinion: Belarus, Dubai have great prospects in trade
The parties also mulled over organizing a joint event for Belarusian exporters that eye the markets of the Persian Gulf, Asia, and Africa in 2020...

Lukashenko compares private firms, state-run companies
The president stressed that there should be no difference between state-run companies and private businesses. Both the state-owned and private companies should be well-performing businesses using cutting-edge technologies and achieving great results...

FEZ Grodnoinvest companies’ export to Canada up 6.5 times in H1
In January-June resident companies exported an estimated $425 million worth of products to 46 countries worldwide. The CIS countries accounted for 80% ($342 million) of the export. Russia remains the key market for the FEZ. It accounts for 66% of the export ($280 million). The top three importers of Belarusian products also included Poland ($52 million) and Ukraine ($47 million)...

Gomselmash busy selling harvesters to Russian regions
Over the course of 13 years of cooperation the dealership sold over 3,200 self-propelled grain and forage harvesting machines. The company sold a broad range of products. Effective logistics chains have been established to enable deliveries to various parts of Russia...

Gomselmash boosts harvester sales to Russia’s Omsk Oblast
Four grain harvesters GS12 operate at the Kulikovo agricultural enterprise in Omsk Oblast. The machines were jointly produced by Gomselmash and the Russian agricultural machinery manufacturer Bryanskselmash and sold via the distributor Sibirskaya Baza...

Lukashenko: We will not let Belarusian ruble collapse
According to Aleksandr Lukashenko, Belarus has not really tapped into its gold and foreign currency reserves yet...

Belarusian Cement Company’s sales proceeds over 10% up in H1 2020
In January-June 2020 Belarusian Cement Company made nearly 2.3 million tonnes of cement, 102.3% as against H1 2019...

Ambassador: Belarus is looking forward to increasing trade with Vietnam
According to him, the free trade agreement between Vietnam and the EAEU gave a big boost to the development of trade and economic relations. Last year, the trade with Belarus exceeded $200 million...