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Business news

3 Nov 2017
Belarus’ dairy export projected at $2bn in 2017
Belarusian dairy products are sold into 23 countries, meat products into 18 countries. "Thirty-six dairy factories have been certified to supply goods to the Chinese market. The exports to that country surged 20 times this year as against the same period a year prior"...
2 Nov 2017
Belarus’ central bank, EC to sign agreement under Twinning program
The EU’s Twinning aims to provide long-term (up to two years) technical support to the public administrations of the EU neighbors in harmonization with the EU legislation...
2 Nov 2017
Belarus’ National Bank plans to switch to inflation targeting by 2020
"I hope that by 2020, when inflation reaches 5%, we will have a sound monetary policy, namely inflation targeting"...
2 Nov 2017
Plans to reduce key interest rate in Belarus to 10% per annum in 2018
The refinancing rate was reduced to 11% per annum in Belarus on 18 October. It was the eighth reduction since the beginning of the year...
2 Nov 2017
Number of railway containers travelling from China to Europe via Belarusian Brest doubles
The number is expected to increase by several times in the future. Chinese companies and Belarusian Railways intend to increase the number of containers up to 500,000 by 2020...
2 Nov 2017
Hong Kong delegation briefed on business operation, investment terms in Belarus
Belarusian Economy Minister Vladimir Zinovsky stressed the strategic level of Belarus-China relations and the solid foundation laid down by the heads of state to enable transition from credit and investment cooperation to direct investments and the pooling of manufacturing potentials of the two countries...
2 Nov 2017
Brest and Bereza meat packing plants undergoing Chinese export compliance certification
"We are planning to increase the pace. This year we want to supply $3 million worth of goods to China. We also welcome Chinese investments in the real sector of the Brest economy"...
2 Nov 2017
Hope for higher economic growth in Belarus
In January-September 2017 Belarus’ GDP growth made up 1.7%. Inflation stood at 2.7%. The government and the National Bank met six out of seven key performance indicators...
2 Nov 2017
Matyushevsky on talks with IMF: Getting a loan is not the most important thing
"The IMF is traditionally viewed by investors and market participants as a global auditor. We need this dialogue with the IMF for them to confirm that we are moving in the right direction and there are no threats for investors"...
2 Nov 2017
Positive view on Belarus’ position in Doing Business 2018 report
BelTA reported earlier that Belarus was ranked 38th out of the 190 economies covered by the World Bank’s Doing Business 2018 report...
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