Business news

Belarusian university signs agreement to set up Belarusian-Chinese testing center
The Belarusian State University of Transport is working to increase the export of services, including by stepping up cooperation with Chinese scientific and educational organizations. The agreement is designed to deepen scientific cooperation in the field of high-speed rail technologies and related services, to meet the needs of the relevant domestic industries in export of services and to improve the efficiency of export equipment certification...

EDB, VEB.RF, Development Banks of Kazakhstan, Belarus to join forces
"The memorandum signed today will unite the unique competences and experience of all EAEU development institutions and will become a powerful synergetic impulse for a larger interregional financial cooperation"...

Belarus advocates non-discriminatory approaches to pricing on EAEU common energy markets
Roman Golovchenko is confident that, taking advantage of the EAEU, the member states will be back on track of economic growth next year...

Belarus expects more active dialogue on resumption of transport services in EAEU
"Given the experience already gained to contain the infection, I am looking forward to a more active dialogue between our ministries of healthcare, transport,and other agencies concerned on the gradual resumption of transport services to facilitate business contacts and labor migration," said Roman Golovchenko...

Supplies of Belarus’ petrochemical products to Turkey discussed in Istanbul
During the meetings and talks in Istanbul, the parties reviewed supplies of petrochemical products from Belarus to Turkey in 2020, and discussed a possibility to increase shipments in 2021...

Belarus keen to boost milk powder export to Venezuela
The parties discussed prospects for enhancing cooperation, including by means of increasing milk powder supplies to Venezuela...

Bellesbumprom’s furniture export to non-CIS states 36.4% up
This year Bellesbumprom enterprises have been putting more efforts into exporting wooden products with the highest added value, in particular, furniture. Furniture production is the backbone of the woodworking industry. Furniture production boasts the highest wood conversion ratio...

Belarusian nuclear power plant’s first unit disconnected from power grid as part of equipment tests
All the systems and equipment units are being tested now. The tests will continue till 11 December...

Belarusian-Vietnamese joint venture MAZ Asia to make more trucks
A Belarusian-Vietnamese intergovernmental protocol was signed in the Industry and Trade Ministry of Vietnam on 3 December to amend and expand the bilateral document that was signed in 2016 to facilitate the production of motor vehicles in Vietnam...

Center for biotechnologies opened in Belarus’ Academy of Sciences
The biotech center is an enterprise that uses biotechnologies and modern equipment to cultivate microorganisms and make various commercial forms of biological preparations...

Japanese companies informed about advantages of China-Belarus industrial park Great Stone
Investment proposals and commercial offers of Belarusian companies, which are interested in joint projects to make automobile components and spare parts of vehicles, machines, and equipment, were presented during the meeting...

Belarusian steel mill BMZ’s export to Romania nearly 90% up in January-October
In January-October 2020 BMZ’s shipments to Romania were close to $21 million in monetary terms. The figure allowed Romania to get close to the top 10 importers of BMZ products. Russia, Germany, and Israel top this chart this year...

Belarus ready to share its agriculture, construction experience with Moldova
According to Anatoly Kalinin, Belarus is ready to share its experience in agricultural production, modernization of railway, utilities and elevator infrastructure, construction of modern highways and runways made of concrete, modernization of transport infrastructure...

Belarusian commodity exchange, Great Stone to team up to promote Belarus-China trade
Participation of resident-companies of the Great Stone park in the exchange trades is being considered. So is the attraction of Chinese companies interested in entering the market of Belarus and neighboring states...

Belarus-Uzbekistan trade at $195m in January-October
Belarus’ export equaled $160.7 million (up by 7.1%) and import of Uzbekistan’s products came at $34.3 million (84.3% of the import in the same period of last year)...

Belarusian Railways’ export freight shipment 6.1% up in November
The shipment of fertilizers and cement increased by 1.5 times, with the shipment of oil products up by 11%...

Belarusian Embassy in Caracas hosts meetings with Venezuelan business community
The parties discussed opportunities to establish business contacts and also the prospects for mutually beneficial cooperation...

State support in Belarus during pandemic reaches Br2bn
"These are the incentives and measures that the state used to support both citizens and organizations amid the current difficult situation. I believe this amount to be significant for our country"...

Belaruskali posts record high output in January-November
In January-November Belaruskali exported products to 110 countries. These are the countries that have used our fertilizer, that know its quality, its stability. We really appreciate our customers because they have proved to be our reliable partners...

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"...