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Business news

12 Mar 2020
Pipelines ready to pump Azerbaijani oil from Ukraine to Mozyr Oil Refinery Pipelines ready to pump Azerbaijani oil from Ukraine to Mozyr Oil Refinery
"We expect the arrival of a tanker with Azerbaijani oil in the Odessa port this afternoon"...
12 Mar 2020
Lukashenko, Karanik discuss prices for import of medical equipment, drugs Lukashenko, Karanik discuss prices for import of medical equipment, drugs
In his words, prices for the import of part of drugs and medical equipment were too high before...
11 Mar 2020
PM: No panic in Belarus’ currency market PM: No panic in Belarus’ currency market
The prime minister stressed that the National Bank of the Republic of Belarus is pursuing a well-crafted monetary policy...
11 Mar 2020
Belarus presents new proposals on oil supplies to Russia Belarus presents new proposals on oil supplies to Russia
"At first glance these proposals were not rejected by the Russian side. I think we will be able to secure progress in resolving the oil dispute"...
11 Mar 2020
Belarus’ PM names topics for discussion with Russian counterpart Belarus’ PM names topics for discussion with Russian counterpart
"The current situation on the oil market reconciles our positions and narrows the gap in figures we have"...
11 Mar 2020
Belarus, Egypt discuss prospects of technological cooperation Belarus, Egypt discuss prospects of technological cooperation
The parties agreed that Belarus would work out a package of proposals for production cooperation of MAZ with Engineering Automotive Manufacturing of Egypt’s Ministry of Public Enterprise Sector...
10 Mar 2020
Belarusian Finance Ministry evaluating oil’s influence on state budget Belarusian Finance Ministry evaluating oil’s influence on state budget
"We are busy evaluating it. The work has been in progress since the beginning of the year because no agreements on oil deliveries have been secured yet, we are working in this manner"...
10 Mar 2020
Inflation in Belarus at 1% in February Inflation in Belarus at 1% in February
Prices for foods rose by 0.7% from January 2020 and 1.8% over December 2019...
10 Mar 2020
Belarusian car maker BelGee eager to up assembly localization rate of popular Chinese crossover Belarusian car maker BelGee eager to up assembly localization rate of popular Chinese crossover
"The Coolray model is very popular. We already have plans to start performing welding and painting operations as part of the Coolray assembly process, in other words, the full fabrication cycle"...
10 Mar 2020
Belarus’ BelGee to consider producing electric cars given high demand Belarus’ BelGee to consider producing electric cars given high demand
"From the strategic perspective, if the demand is high – around 10,000 cars a year – it will be reasonable to start preparing for the production"...
10 Mar 2020
Belarus aims to forest over 32,000ha in 2020 Belarus aims to forest over 32,000ha in 2020
The forestries have launched tree planting, developing 5,000 hectares of forests already...
10 Mar 2020
Belarusian car maker BelGee expects full resumption of deliveries from China in mid-April Belarusian car maker BelGee expects full resumption of deliveries from China in mid-April
"They promise deliveries will be fully resumed sometime in mid-April. We hope we will not see any downtime since we have a certain stockpile of components"...
9 Mar 2020
Five new Russian companies to sell about 200,000t of oil to Belarus in March without premium Five new Russian companies to sell about 200,000t of oil to Belarus in March without premium
"Five suppliers Belarus has not worked with yet will ship about 200,000 tonnes of oil to the country in March. That’s in addition to SAFMAR’s 300,000 tonnes in March"...
9 Mar 2020
Plans to introduce deposit-refund system for consumer packaging in Belarus need more polish Plans to introduce deposit-refund system for consumer packaging in Belarus need more polish
During the conference Aleksandr Lukashenko noted that unlike other Eastern Europe countries Belarus has had a chain of outlets for buying recyclable materials since the times of the Soviet Union...
9 Mar 2020
IMF’s March mission to Belarus postponed IMF’s March mission to Belarus postponed
The decision has been prompted by the Washington-based HQ intention to restrict business trips of IMF personnel due to the global coronavirus situation...
9 Mar 2020
Second batch of oil reaches Belarus’ Naftan Second batch of oil reaches Belarus’ Naftan
"This is the second batch of oil delivered to OAO Naftan by rail from Klaipeda this year"...
6 Mar 2020
Belarusian, Russian scientists to work out Resource-SG program for 2022-2026 Belarusian, Russian scientists to work out Resource-SG program for 2022-2026
"We are discussing the creation of a new Union State program titled as Resource. It will continue the previous programs Nanotechnologies-SG and Technology-SG. The concept of the new program is being worked out now"...
6 Mar 2020
Azerbaijan’s SOCAR to deliver 250,000t of oil to Belarus in March Azerbaijan’s SOCAR to deliver 250,000t of oil to Belarus in March
"We have left our comfort zone. We are working with alternative oil suppliers; our diversification efforts will continue. The oil that was supposed to be delivered by pipelines has been offered by oil traders"...
5 Mar 2020
Prospects of Belarusian business in India discussed at investment forum in New Delhi Prospects of Belarusian business in India discussed at investment forum in New Delhi
The sides mentioned the availability of a substantial potential for implementing joint projects in the sphere of manufacturing cooperation, further increase in mutual trade, including via implementing investment projects in Belarus with assistance of the Indian private sector...
5 Mar 2020
First UK-assembled Belarusian electric bus to go into service in Nottingham First UK-assembled Belarusian electric bus to go into service in Nottingham
"If the project is as successful as we assume it to be, we will start negotiations with major UK bus operators on selling them this electric bus"...
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