Business news

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...

Belarus views cooperation with Russia in flax production, sheep farming as promising
"Taking into account the expertise and the level of sheep farming in Russia, we will appreciate Russia’s assistance in the development of the Belarusian sheep breeding sector and also possible supplies of high-quality young breeders"...

Over 70 armies use Belarusian defense products
The official attributed the success of the Belarusian defense industry to the close attention the head of state pays to it. “We can now make the defense products we couldn’t even dream of five to seven years ago,” Roman Golovchenko said...

First Belarusian harvesters, electric buses roll off assembly line in Azerbaijan
"We have already assembled the first electric bus in Azerbaijan to introduce modern, comfortable and eco-friendly transport in the country. Such e-buses serve well to people of Minsk. We plan to produce some 30-40% of their parts in Ganja"

Belarusian BelAZ presents world’s first haul truck with Stage 5 engine
The haul truck BelAZ-7547 with the carrying capacity of 45 tonnes was showcased during the road construction industry expo Autostrada Polska 2019, which is scheduled to take place in the Polish city of Kielce on 14-16 May...