Business news

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...

Made in Belarus exposition on show in Cairo
Made in Belarus exposition showcased the latest developments of research organizations of the National Academy of Sciences and higher educational institutions of the Education Ministry. In particular, the Belarusian State University presented a number of medical solutions: a set of medical programs in cardiology, mathematical models for surgical practice...

Uzbekistan shows interest in Belarusian wooden houses
The Belarusian diplomatic mission reported that, given the expansion of air travel between Belarus and Uzbekistan, the parties also discussed the possibility of intensifying tourism exchanges, including the opportunity for Belarusian tourists to visit ski resorts in Uzbekistan, and for Uzbekistan people - Belarusian spa resorts...

Belarusian private sector to step up presence in free economic zones in Egypt
The sides discussed the current state and prospects of advancing investment cooperation, trade and economic cooperation between Belarus and Egypt. The ambassador highly appreciated the effective measures the Egyptian government and the General Authority for Investment and Free Zones take to maintain economic growth and Egypt’s investment appeal amid the pandemic...

Timber sale to China via BUCE over $1m in October
In addition to the products of the forestry industry, the commodities in demand in the Chinese market include rapeseed oil, beet pulp, meat, sugar and dairy products...

Belarusian Amkodor to sell large batch of vehicles to Bangladesh
A delegation led by Ambassador Extraordinary and Plenipotentiary of Bangladesh to Russia and concurrently to Belarus Kamrul Ahsan visited Amkodor the other day...

Construction of peaking plants begins at Minsk cogeneration plant No.5
The new sources of energy will have to smooth out electric consumption spikes and will go online fast to ensure the uninterrupted supply of electricity to consumers if baseload power plants go offline...

Belarus, Kazakhstan to step up cooperation in ICT, mechanical engineering, biotechnology
“Belarus and Kazakhstan have a lot of similar priorities in research, science, technology, and innovations, which enables us to expand and strengthen our cooperation and carry out mutually beneficial projects, including in high technologies,” Chairman of the State Committee on Science and Technology Aleksandr Shumilin stressed...

Primorsky Krai chosen as MTZ sales center in Russia’s Far East
Vitaly Vovk also expressed appreciation for the prompt allocation of the site for an exhibition and sale of Belarusian machine-engineering products. "We will offer not only tractors, planters and so on. We will offer technology," Vitaly Vovk assured...

BelNPP first unit up for dynamic tests
“We are almost ready for dynamic tests. They imply the discharge of thermal load and correspondingly electric load, the disconnection of the unit from the grid and stoppage of the turbo generator,” Anatoly Bondar noted...

Belarus-Kazakhstan trade at about $666m in January-September 2020
Belarus’ traditional exports to Kazakhstan include tractors, machinery, harvesters, furniture, and pharmaceutical, milk, and meat products. Kazakhstan supplies to Belarus cotton fiber, rails, unprocessed zinc, flat-rolled products, and oil products...

Lukashenko wants Belgazprombank to keep working
Aleksandr Lukashenko stated with satisfaction that according to various reports on Belgazprombank’s operation, including those filed by oversight agencies, the bank is operating steadily...

Belarus, Namibia to set up committee on economic cooperation
Sergei Aleinik and Ambassador Clemens Handuukeme Kashuupulwa discussed the state of and prospects for Belarus-Namibia relations. They agreed that it is important to increase mutual trade...

Belarus joins EAEU digital transport corridors consortium
The consortium has been established to coordinate innovation activities in the development of transport and logistics services, as well as infrastructure of digital transport corridors within the EAEU member states...

Belarus, Turkey discuss trade, investment cooperation
Viktor Rybak also visited the enterprises of Istanbul, which show interest in organizing deliveries of Belarusian mechanical engineering and petrochemical products to Turkey...

Almost 4m m3 of timber sold at BUCE’s year-end trading session
"The sales went up by 14% in physical terms over 2019. This way, the current trading session was the biggest one in the history of the BUCE"...

Belarusian MTZ presents new tractor model in China
The tractor model was showcased by MTZ’s partner China First Heavy Industries. The new tractor boasts electromechanical transmission from CRRC and a diesel engine from Cummins. Visitors were able to visually appreciate the new model and take it for a test drive...

Belarus’ innovative solutions on display at Cairo ICT expo
Visitors to the exposition Made in Belarus will be able to evaluate the latest developments of the National Academy of Sciences of Belarus and the Education Ministry. In particular, the Belarusian State University has presented its medical solutions. Among them is a set of medical programs Cardiology, mathematical models for surgical practice, computer modeling for the development of medications against coronavirus...