Business news

Belarus, China to hold large business forum via video link on 10 November
"Despite the challenges and restrictions that are currently in place all over the world, we sincerely seek to continue and develop our strategic partnership and engagement with China"...

Belarus ready to expand exports to China
“In January-September 2020, Belarus’ food exports to China reached almost $187 million, 2.3 times up year-on-year. We are ready to expand the range of supplied goods and offer Chinese consumers high quality cheese, butter, yogurt, whole milk, meat and other products. Today, Belarus produces over 500 types of meat products and over 1,500 types of dairy products,” the deputy minister said...

Belarus to showcase over 100 R&D projects at China Import Expo
“Belarus-China relations in science and innovation are vibrant. In recent years, both the number and scope of joint scientific and technical projects have increased, and today we present world-class developments at the China International Import Expo,” Aleksandr Shumilin said...

Belarusian State Technological University to showcase its knowhow in Shanghai
The exhibition will be held at the National Exhibition and Convention Center from 5 to 10 November. The center is ​​1.5 million square meters big...

Mogilevliftmash hailed as example of smart investment, effective management
"There are a lot of large industrial enterprises in Belarus which were built in the USSR. All of them were successful in the past. Many have been working hard to achieve the performance of their best years"...

BMZ’s wire rod sales to EU nearly up by 20%
This year BMZ exported wire rod to 13 countries of the European Union. The plant has significantly increased shipments to Poland, Romania, Italy and the Netherlands, which became BMZ’s largest importers in the EU. In 2020 wire rod was also sold to Bulgaria, Spain and Slovenia...

MAZ electric bus might get trial run in St. Petersburg
The MAZ 303E10 electric bus has lithium-iron-phosphate batteries with a high unit capacity and long lifespan...

BelNPP first unit connected to Belarus’ grid
The reactor power startup of the first unit of the Belarusian nuclear power plant is expected to happen in November 2020...

List of socially important goods in Belarus to expand in 2021
"We keep the list of socially important goods under strict control. We plan to expand it next year. We will do it on a market basis, following the course set by the president. Prices for staple food products that should be available for the overwhelming majority of the population should not rise sharply, no matter what happens,” Roman Golovchenko said...

Belarus to participate in China International Import Expo
The Belarusian national exposition at the China International Import Expo will open on 5 November. The event will be held online for the first time. The country’s biggest companies have already confirmed their participation...

Capital investment in Belarus projected at Br34bn in 2021
The bulk, about Br24 billion, will be used to renew the key assets of companies. It fact, this means modernization, new technology and equipment. The rest will be injected in the construction of housing, social facilities and infrastructure...

Belarusian oil refineries to process 1.65m tonnes of Russian oil in November
The oil will be delivered to Belarus by the suppliers who delivered the oil in the previous months...

New resident company of China-Belarus industrial park to make coronavirus tests
The company’s products will be used in medicine and clinical diagnostics, veterinary medicine and research...

Belarus, China to set up working group to simplify trade procedures
"Building up bilateral trade is one of the priority and most promising areas of further cooperation between the countries. The need to intensify direct contacts between Belarusian exporters and Chinese trade companies and chambers was noted"...

Private sector presses Eurasian Economic Commission for equal terms for joint ventures in EAEU
They also discussed problems of banking industry, labor migration, transport, and the removal of barriers on the domestic market of the Eurasian Economic Union...

Export of industrial, consumer goods via BUCE 4% up in January-September
Construction materials accounted for most of the transactions (about 76%). The deals primarily involved concrete blocks and silica bricks, which are exported to the European Union, Ukraine, and Russia...

Belarusian Vityas to make superfast vehicle charging station prototype by year end
In order to handle strong electric currents, the station will be fitted with a liquid cooling system. It will have a CCS Combo 2 power plug and will need about 10 minutes to fully charge a vehicle able to utilize the potential of such charging stations...

Belarus, Russia to sign food trade projections for 2021 in December
Ivan Krupko and Dmitry Patrushev discussed the marking of dairy products, matters of phytosanitary control, the fulfillment of this year’s food trade projections and the development of the next year’s food trade projections. The next year’s documents are supposed to be reconciled and signed in December 2020...

Africa viewed as promising long-term partner of Belarus
"Naturally, we have some experience of cooperation with this continent, but export diversification and development of foreign economic ties is a strategic and, in many ways, determining goal"...

China’s transactions at BUCE increase 10 times in January-September
According to the BUCE, the interest in exchange trading from Chinese business was generated by both favorable price conditions and convenient logistics offered by Belarusian exporters...