Business news

New head of Belarusian Gomselmash told to greatly improve product quality
It is necessary to straighten out the Belarusian agricultural machinery company Gomselmash and considerably improve the quality of the products it makes...

Belarus Development Bank allocates Br30m on social projects in 2018
“Last year, a total of Br200 million were allocated to the program to support small and medium-sized businesses. Of them about Br30 million, or 15%, were allocated to sub-programs to support social and women's entrepreneurship, and small business in the rural areas”...

Belarus, Sweden to cooperate in industrial waste management
Andrei Khudyk emphasized the interest in exploring the possibilities and prospects for implementing projects on the use and recycling of industrial waste generated by enterprises in Belarus...

Belarusian, South Korean forensic experts agree on cooperation in high technology
According to Chairman of the State Forensic Examination Committee of Belarus Andrei Shved, the Republic of Korea is the undisputed leader in a number of forensic expertise areas...

Belarusian companies sign 13 contracts after national expo in Georgia
The total sum of the contracts was not specified, yet Vladimir Ulakhovich believes the national expo was a success...

Belarus’ central bank eager to reduce inflation to 4% after 2020
The official said: “The current five-year program aims to reduce inflation to at least 5% as of late 2020. In the future it may be a good idea to think about the possibility of reducing it to 4%”...

Belarus, World Bank talk about updating structural reforms roadmap
The sides discussed matters concerning the actualization of the roadmap of structural reforms in Belarus...

China's Xian hosts Belarus-China cooperation forum
The forum featured the presentation of the country’s economic and investment potential and also the China-Belarus industrial park Great Stone. China presented its ecological zone Chanba...

WITSA eager to open regional office in Belarus
“I know about certain initiatives on your part. I think opening a regional office of the organization in Belarus will send a good positive signal, including to the global community, which sees our accomplishments in IT sphere”...

SME investment fund to be set up at Great Stone
“The decision was taken during the meetings to set up an investment fund to support small and medium-sized business and venture projects implemented both in the park and across Belarus,” said Kirill Koroteyev...

Belarus’ exposition on show at Agrofood expo in Nigeria
The Belarusian exposition features more than 20 companies and organizations representing agricultural engineering, agricultural research, food products and food ingredients...

Products by Belarusian Gomselmash on display at Agrosalon 2019 in Slovakia
During the opening ceremony Ambassador Extraordinary and Plenipotentiary of Belarus to Slovakia Igor Leshchenya informed those present about the country’s economic and industrial potential...

Plans to present Belarus’ economic, investment potential at forum in China
Belarusian Deputy Economy Minister Yelena Perminova intends to take part in a forum of business cooperation of China, Belarus, and the China-Belarus industrial park Great Stone on 27 March...

Belarusian prime minister in favor of repayable innovation fund subsidies
“I believe that in order to raise financial discipline and responsibility for the timely implementation of projects the bulk of state financial support out of innovation funds should be discounted yet repaid. The relevant mechanism is already available – the Belarusian Innovative Fund”...

Over 50 companies to take part in Made in Belarus expo in Almaty
The expo of Belarusian products in Almaty will become the fifth Made in Belarus event...

Belarus sees good prospects for cross-border projects with Poland
The parties discussed issues related to the organization of the economic forum Good Neighborliness, which the Belarusian Chamber of Commerce and Industry (BelCCI) annually organizes together with the Polish-Belarusian Chamber of Commerce and Industry...

World Tourism Organization praises Belarus’ tourism efforts
Pavel Pustovoi spoke about measures undertaken in Belarus to attract foreign tourists. Among them is the 30-day visa waiver, liberalization of the visa policy, visa-free entry for participants and fans of the 2nd European Games...

Minsk to host Belarus-Poland economic forum on 5 June
The forum will take place simultaneously with the Belagro expo. Regional cooperation, logistics, and IT sphere will be discussed...

MILEX Innovations 2019 conference to gather over 500 participants
The conference will take place on 16-17 May alongside the military technology expo MILEX 2019. Participants of the conference are expected to discuss military technology problems, problems of defense and security, and the use of dual-use technologies...

Belarus-Poland trade hits 8-year high in 2018
"We expanded the range of commodity items to 495 in total. Belarus’ major exports to the neighboring country include products of petrochemistry, metallurgy, woodworking, and building materials"...