Business news

Belarus' external state debt down 2.2% to $16.5bn
As of 1 October 2019, Belarus' state debt totaled Br43 billion, down Br2.4 billion or 5.2% from the beginning of the year...

BelNPP’s environmental safety substantiation found compliant with IAEA recommendations
The experts recommend inviting international specialists and independent experts to monitor the radioecological situation in the observation area in the course of operation of the nuclear power plant...

Great Stone Park to go on show at China Import Expo in November
In the run up to the exhibition Beijing played host to the 12th meeting of the working group on the China-Belarus industrial park Great Stone under the chairmanship of Belarus’ Economy Minister Dmitry Krutoi and China’s Vice Minister of Commerce Yu Jianhua...

Belarus, Czechia see great potential for increasing trade
Martin Tlapa pointed out that Belarus-Czechia cooperation is not limited to trade. The countries implement mutually beneficial projects, cooperate in modernizing the Belarusian economy, and share the best practices...

IMF mission starts working in Belarus
The IMF mission is set to meet with representatives of the Belarusian government, the National Bank of the Republic of Belarus, and experts...

Belarus, China set to boost cooperation in technology
China has achieved impressive results not only in the economy in general but also in advanced technologies, Sergei Rakhmanov noted. “Belarus has also obtained great results in high technology and is among the world’s leaders in some areas. We are set to enhance political dialogue with the help of technology dialogue”...

Belarusian specialists study spent nuclear fuel management at Ukrainian power plant
Specialists of the Belarusian nuclear power plant spent several weeks undertaking an internship at the Zaporizhia nuclear power plant. The internship was arranged as part of the IAEA’s technical cooperation project designed to enhance the potential of the operating company for the sake of safe and reliable operation of nuclear power plants in 2018-2019...

Great Stone named Eastern European Industrial Project of the Year
The agency regards the Great Stone as the most advanced and important industrial platform not only in Belarus, but also in Eastern Europe, EuropaProperty Head Craig Smith said...

Belarus, Kazakhstan to consult with Russia on oil supplies via its territory
According to the head of state, Belarus pays special attention to the diversification of oil supplies and is interested in importing this raw material from Kazakhstan...

Belarus, Kazakhstan prioritize industrial cooperation in bilateral relations
"Further development of industrial cooperation has been identified as a priority area. We are moving from traditional trade, which is widely represented and well-developed, to cooperative relations"...

Belarus, Kazakhstan agree on oil supplies, launch commercial negotiations
“We hope that in the near future we will find mutually acceptable forms of cooperation through contracts and implement plans to process oil from Kazakhstan at our refineries”...

Contracts worth $75m signed at Belarus-Kazakhstan business forum
All in all, 14 documents were signed during the forum, most of them in the mechanical engineering industry...

Belarus, Cuba make decisions to boost trade relations
“At present our commercial cooperation is limited by certain time factors which we have agreed to overcome as soon as possible. We have reached joint decisions that will help us take the bilateral trade onto a level of strategic partnership in the near future,” the head of state said...

Cuba interested in Belarusian products, technologies
Miguel Diaz-Canel thanked Belarus for the support. “We condemn threats and unilateral sanctions that some states impose on other countries. We advocate peace and prosperity for our nations, and sustainable development”...

Cuba eyeing pharmaceutical production in Great Stone Park
On 22 October, the Cuban delegation paid a visit to the Great Stone Park. After the visit the Cuban president expressed interest in registering a pharmaceutical company in the park...

Prime minister describes Belarus as leading software exporter
Sergei Rumas reminded that the Belarusian Hi-Tech Park was given a powerful development impulse virtually two years ago when Belarus President Aleksandr Lukashenko signed the Digital Economy Development Ordinance in 2017...

Lukashenko: There are multiple problems in the Eurasian Economic Union
“The organization has been established, the union has been established. Many countries across the globe recognize it and would like to cooperate with it. At the same time there are many problems that should not exist. Particularly those barriers”...

Belarus, Sverdlovsk Oblast seek to develop joint digital economy solutions
The parties also seek to deepen cooperation in the manufacturing industry. According to Aleksandr Lukashenko, there are good prospects in mechanical engineering, too. Sverdlovsk Oblast upholds this proposal...

Investors from various countries interested in Belarusian IT industry
Sam Patel said: “I’ve heard a lot about the development of the IT industry in Belarus, including in Gomel. If you invest smartly in this industry now, the future revenue may be unlimited”...

Swedish scientists measure radiation background around Belarusian nuclear power plant
A Belarusian-Swedish-Russian group has completed the second stage of initial background radiation measurements near the Belarusian nuclear power plant...