Business news

Belarus’ Customs gets technical aid from China
"Having the right tools to do the job is important. Thanks to cooperation with the People’s Republic of China the inventory of customs control means of the Belarusian customs service has been expanded with 49 modern devices today"...

Delegations from 22 countries attend economic forum in Vitebsk
Interesting projects for cooperation presented at the forum include the proposal on joint work from the country’s first pharmaceutical cluster, the offer to set up an industrial laboratory for the application of additive technologies in the light industry from Vitebsk State Technological University...

Belarusian MAZ eager to expand network of overseas service centers, representative offices
Valery Ivankovich’s appointment as the new head of the company was authorized by Belarus President Aleksandr Lukashenko earlier on 16 May. Valery Ivankovich underlined that MAZ is one of the leading brands in Belarus and the entire world...

Lukashenko demands to increase cement export
“We need to look for sales markets for our cement. We have enough cement. Cement manufacturers used to ask to double production and modernize production facilities. We need to step up efforts in this field, pay off loans,” the president stressed...

Belarus president unhappy about problems with food export to Russia
"As you can see, it is very difficult to work on our traditional markets these days. Moreover, Russia’s behavior is incomprehensible. We’ve even signed program documents on trade in milk, meat with them and we cannot fulfill them because they’ve closed their market"...

Call to level playing field for all light industry producers in Belarus
He noted that Belarus has inherited and preserved extensive light industry infrastructure that got a new lease on life after the collapse of the Soviet Union. Nevertheless, at present, the country imports a great deal of light industry products...

Belarus expects Russia to draft $600m credit agreement
The official noted that the Russian side had not gone back on the previously reached agreement. “We expect our colleagues to get back to us with the draft of the credit agreement. We know that the money is part of this year’s Russian budget. Getting it is the problem”...

Lukashenko dissatisfied with economic performance of MAZ
“We cannot lose this enterprise. MAZ, BelAZ, MTZ are the face of our country and our car manufacturing industry,” the head of state remarked...

Bellesbumprom to expand supplies to Romania
The meeting was organized in cooperation with Belarus’ embassy in Romania to talk over supplies of woodworking products to Romania and also possible implementation of joint projects in industrial and housing construction...

Effect of UNIDO project to support Belarusian automakers past Br18m
Yuri Chebotar described the establishment of the manufacturing modernization center – the body destined to become a center of competences to optimize manufacturing and enable transition to Industry 4.0 in Belarus – as the key result of the project...

International economic forum kicks off in Vitebsk on 16 May
Top on the agenda will be development and promotion of innovative technology, implementation of joint investment projects, manufacturing of hi-tech products for export, as well as import substitution, digitalization of the economic sector, special economic zones, clusters in science, business and education...

Belarus, Moldova get rid of trucking permits
The protocol will create additional positive prerequisites for increasing the volume of business of Belarusian forwarding companies in the direction of Moldova and the countries Moldova borders on...

Belarus invites Asian Infrastructure Investment Bank to consider transport industry projects
As a priority area of short-term AIIB financing the Belarusian side suggested focusing on transportation industry. The bank backed the proposal...

$100m from EDB to finance Belaruskali’s floating capital, investment programs
Sergei Rumas remarked that the EDB has a good history of credit relations with the Republic of Belarus. So far the sides have implemented 30 projects worth a total of about $1 billion...

New Belarusian small arms on display at MILEX 2019
The sniper rifle Tigr is one of them. It is a profound modernization of the legendary sniper river SVD. The bolt-action sniper rifles SV.01 and SV.02 are fully Belarusian products...

Work in progress to export Belarusian electric buses to Barcelona
The Spanish side was interested in the proposal to supply Belarusian electric buses to the region taking into account the close attention paid to the environmental situation in major and industrial cities of Spain and the measures being taken to protect the environment...

Belarusian dairy company Rogachevsky MKK eyeing markets of Pakistan, Iran, India
The company is working on ways to penetrate new export markets in the Asian direction. Supplies of tinned milk, milk powder products, and sterilized milk were mentioned...

Belarus keen to develop ties with Azerbaijan in agriculture
Interaction in agriculture is one of the priority avenues of cooperation between Belarus and Azerbaijan. Over the years the Caspian Agro has proved to be an important platform for promoting Belarusian interests in the Azerbaijani agriculture market...

Indian company invests $1m in pharmaceutical project in Belarus
"The Indian partners have already invested $1 million in this project. The new production facility will use innovative technological solutions, like micronization, dry granulation, production of multilayer tablets, and other methods"...

Plans to develop state civil engineering web portal in Belarus
The official reminded that work continues to develop the draft presidential decree on the digital transformation of management of the lifecycle of construction objects...