Business news

Belarusian BelAZ ships second batch of haul trucks to India
The second batch includes eight trucks with a carrying capacity of 136 tonnes. The first batch of BelAZ haul trucks was shipped to India in January. They are currently being assembled...

Minsk to host Eurasian Economic Forum in May
The forum is designed to cater to small, medium, and large businesses of Eurasian Economic Union member states and other countries...

Belneftekhim eager to refine Gazprom Neft oil via tolling agreement, no deal yet
The Belarusian side suggested a 20/80 formula. Belneftekhim would like to take Russian oil without paying a premium and take one fifth of the volume of deliveries for itself as part of the tolling agreement...

Belarus’ machinery producers eyeing Kyrgyzstan market
The premier believes that the two countries should give a bigger focus to cooperation in agriculture, information technology, transport and logistics...

Estonia plans to increase trade with Belarus to €300m in 2020
According to the diplomat, cooperation in digital economy is the most advantageous and promising...

Belarus buys 160,000t of Russian oil without premium via Lithuania
“This is Russian oil. But we’ve bought it from traders and without paying a premium. We took into account the short delivery time”...

Belarus, Latvia, Sweden mull over multimodal cargo transportation services
The parties expressed readiness to work out points of cooperation and ensure the implementation of projects to develop new areas of cooperation...

Belarus looks forward to receiving two tankers of oil via Lithuania
“We can confirm information about the tankers. Details will be revealed later”...

Belarus, Egypt sign $1m contract to make drones
“We’ve held negotiations with Egyptian partners and have come to terms on a good contract – roughly $1 million – on supplying and setting up an enterprise in Egypt to train specialists and make drones”...

Minsk airport, WizzAir agree in principle, Hungarian company will decide on flight launch date
“The aviation administrations have created the most comfortable conditions for the carrier to fly both to Minsk National Airport and to regional airports. It is up to the carrier to decide where to fly and at what frequency”...

Belarus sets new tariffs for oil transportation via Unecha (Vysokoye)- Polotsk - Nevel
Thus, the tariffs for oil transportation via this section have been increased from RUB191.2 per tonne to RUB203.8 per tonne (without VAT)...

Belarus starts testing readiness of its nuclear power plant to receive nuclear fuel
In line with the legislation, the inspection can last for up to 30 days...

Egypt keen to tap into Eurasian, African markets together with Belarus
“Egypt’s and Belarus’ location on the international map will help open new markets for Egyptian and Belarusian products in the countries of the Eurasian Economic Union, the Arab world, and African countries”...

Belarus eager to help create Suez Canal Economic Zone
“Belarus is strongly interested in participation in large-scale projects initiated by the Egyptian leadership, primarily in the creation of the special export-oriented economic zone of the Suez Canal”...

Belarus, Russia’s Arkhangelsk Oblast sign cooperation action plan for 2020-2022
The agreement envisages cooperation in several areas...

Belarus, Egypt to sign contracts worth at least $16m in Cairo
A business match-making session is taking place in Cairo these days. It has brought together more than 30 Belarusian companies and about 120 businesses from Egypt...

Belarus mulls over association of trade finance specialists
The association may comprise not only Belarusian banks, but also other active players in the trade finance market - major exporters, logistics and legal companies...

PM: Belarus ready to move forward in industrial, agricultural cooperation with Georgia
"I am convinced that by cooperating with Belarus, Georgia can successfully solve important social and economic problems"...

NASB to display over 40 innovations at exhibition in Egypt
"There is an agreement of cooperation between the National Academy of Sciences of Belarus and the Academy of Scientific Research and Technology of Egypt, under which joint projects are being implemented in crop farming, nano-materials, molecular genetics, and metal technology"...

Belneftekhim continues negotiating reverse oil deliveries with Poland
Reverse mode was implemented in practice in order to move polluted oil from the Polish city of Gdansk to Russia after the polluted oil incident in April 2019...