Business news

EU to help set up smart manufacturing demo centers in Belarus
At the end of the talks, the parties agreed on setting up such centers in the universities of Vitebsk Oblast, Gomel Oblast and Mogilev Oblast. The project might be launched in 2021...

China-Belarus industrial park, opportunities for investment in Belarus presented in Moscow
The country has created an effective system to support investors. Comprehensive work has been done to improve investment regulations. At present virtually entire Belarus represents an array of successfully operating different preferential regimes...

Belarus to raise oil export duties on 1 February
The export duty on crude oil will go up from $77.2 to $78.5 per tonne...

Belarusian BelAZ shipping first batch of haul trucks to India
The first batch includes eight trucks. Four trucks have already been sent while another four will be sent on their way to India by the end of January...

Call for measures to drive farming efficiency in Vitebsk Oblast
The head of state reiterated his demand to upgrade the agricultural sector of Vitebsk Oblast...

Belarus, Mongolia to advance cooperation in transport, logistics
The memorandum will be in effect for five years. It provides for advancing Belarus-Mongolia cooperation and for implementing joint projects. The sides also came to a verbal agreement to encourage investments for enabling free conditions for transportation in the sphere of transport and logistics...

Norwegian oil reaches Belarus’ Naftan
A train consisting of 59 cars with the total volume of about 3,500 tonnes arrived at the Novopolotsk rail station from the Klaipeda port at 8.10 on 26 January. The whole batch of Norwegian oil (86,000 tonnes), delivered by Breiviken, is to be supplied to the plant within the next two weeks...

Belneftekhim: Norwegian oil to reach Naftan next week
The batch of 80,000t of the Norwegian oil had been shipped to the Klaipeda port by the Breiviken tanker. The oil will be transported to Belarus by rail...

Organic food market to open near Minsk in late 2020
The market will specialize in eco-friendly products offered by a great variety of producers, from small farms to big agricultural enterprises. Customers will be able to buy meat and dairy products, vegetables and fruit...

Lukashenko invited to Belarus’ electric car presentation, promises to drive a Tesla
“This is why I will meet with scientists to speak sincerely about the policy of our country. It is important for me to hear their honest opinion”...

Belarus hopes for fast adoption of strategy to guide Eurasian economic integration by 2025
“We’ve always maintained an active stance in the Eurasian Economic Union. We always insist on implementing no exemptions, restrictions, and barriers in the union. This is why we believe it is also very important for these strategic directions to fully meet our understanding of how a full-fledged union should be set up”...

Investor from Congo to launch match stick production in Vitebsk Oblast
“The foreign company's project is to launch the production of match sticks to be exported for further processing. SOCALCO SARL is the largest matchmaking company on the African continent”...

Belarus invites CIS countries to join EAEU satellite constellation project
Vladimir Gusakov said that the National Academy of Sciences of Belarus in association with Roscosmos and Kazakhstan is drafting an interstate program on setting up an integrated EAEU system...

Belneftekhim announces upcoming oil supplies from alternative sources
“We are working on the alternative routes. I will not reveal the details. I can only say that some contracts have almost been finalized”...

Russia invites Belarus to set up joint ventures in sphere of space technologies
Dmitry Rogozin believes the establishment of such joint ventures with assistance of Belarusian OAO Peleng, OAO Integral, and a number of microelectronics design companies looks promising...

More hi-tech parks to be set up in Belarus
"Hi-tech parks have been set up in all the provincial centers of our country, and also in Pinsk, Novopolotsk, Gorki and Lyakhovichi District. Now we are planning to set up such parks in Baranovichi, Borisov, Bobruisk, Orsha and Molodechno"...

Belarus to import oil from Norway
According to Belneftekhim, the oil will be shipped via Lithuania’s Klaipeda port...

Agreement reached on ways to compensate Belarus for polluted Russian oil
The source noted that negotiations involving Deputy Prime Minister of Belarus Igor Lyashenko had taken place. The sides reached an agreement on approaches and methods of the compensation for polluted oil...

Belarus, World Bank to develop cooperation in cluster management
Belarus’ Deputy Economy Minister Yuri Chebotar and a group of World Bank experts reviewed the results of the EU-Belarus Program for Private Sector Development...

Belarus’ GDP up by 1.2% in 2019
The GDP growth by 2.8% will be one of the key indicators of the government’s performance in 2020...