Business news

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"...

Belarus, S Korea prepare to sign customs cooperation agreement
The parties discussed cooperation and exchanged the information on the degree of readiness to sign the intergovernmental agreement on cooperation and mutual assistance in customs affairs. At the moment, the draft document is undergoing domestic procedures in both states...

Belarus ready to supply e-buses, farm machines to Russia’s Astrakhan Oblast
"Belarus is interested in developing mutually beneficial cooperation and increasing trade with Astrakhan Oblast. For example, we are ready to organize deliveries of agricultural, utility, road-building and other vehicles, including Belkommunmash electric buses to the Russian region," Aleksei Avramenko said...

SOCAR to send another batch of Azerbaijani oil to Belarus
Belneftekhim Chairman Andrei Rybakov was quoted as saying that SOCAR may deliver up to 1 million tonnes of oil to Belarus in 2020...

BelCCI: Belarusian products can become a recognizable brand in Argentina
"The Minsk office will continue supporting and promoting export by holding such meetings on a regular basis, both in online and offline formats"...

Belarus-China Great Stone park to open innovation center by 2020 year-end
The center is designed to become a comprehensive platform for nurturing startups. The center is slated to come online by the end of 2020 and to go into full operation in 2021...

Plans to make first batch of electric cars in Belarus in 2021
"Rather serious preparations, financial resources, and return on investment are necessary in order to start producing electric cars or set up any manufacturing enterprise. We don’t see such economic effectiveness for now. However, even bearing it in mind we’ve set out to organize the production of 500 to 1,000 cars next year"...

Belarus to sign agreements on cooperation with five Russian regions
Agreements will be signed with Leningrad Oblast, Bashkortostan, Khabarovsk Krai, Samara Oblast and Kursk Oblast. The documents are concluded to facilitate cooperation in trade, economic, sci-tech, social and cultural sectors...

Belarus, Turkmenistan to discuss ways to address trade barriers
The negotiations will be organized by the Chambers of Commerce and Industry of Turkmenistan and Belarus. The meeting will be attended by the heads of diplomatic missions of both countries, representatives of various ministries and departments, expert economists and entrepreneurs...

Plans to commission joint venture to assemble MAZ buses in Moldova this year
The ambassador noted that Belarus-Moldova cooperation can grow stronger if focus is shifted to encouraging manufacturing cooperation ties between commercial entities, to setting up joint ventures, implementing investment projects, and expanding regional trade and economic cooperation. In his words, there are about ten Belarusian-Moldovan joint ventures in Moldova...

Belarus, Moldova to implement joint project in winemaking
"Our countries cooperate in different sectors. Winemaking is one of them. We will help companies from Moldova and Belarus in this sector. We are planning deliveries to third markets with the help of Italy and Spain, European chamber. This project is an opportunity to support our entrepreneurs," Sergiu Harea said...

New resident to build railway terminal in China-Belarus industrial park Great Stone
Once the railway terminal reaches the designed capacity, the volume of freight transportation will be 180,000 TEUs (twenty-foot equivalent units)...

Rail freight traffic from Belarus to Kazakhstan up 1.6 times in January-August
The main cargo items were coal, oil and petroleum products, ferrous metals, grain, sugar and other food products, construction and forestry goods, paper and coke...