Business news

Belarus to present cutting-edge military hardware at IDEX 2019 in UAE
Belarusian defense products at IDEX 2019 will include innovative solutions in the area of development and production of automated systems for commanding troops and controlling weapons on the tactical level...

Latvian business eyeing Belarus’ market
"This is, first of all, attributed to the investment policy pursued by Belarus. Belarus is among the leaders in creating favorable conditions for tech businesses. Apart from that, today our country can offer investors a truly safe and stable business environment"...

Belarus’ ambassador discusses export, joint ventures at Sochi forum
Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Vladimir Semashko is taking part in the Russian Investment Forum in Sochi. During the forum he has met with representatives of Russian regions to discuss Belarus’ exports and establishment of joint ventures...

Belarus’ exports to Latvia up by almost 40% in 2018
According to the head of the diplomatic mission, Belarus’ major exports to Latvia are timber products, petroleum, petrochemistry, and steel products, fertilizers, insulated wires and cables, construction materials and beverages...

Belarus named Latvia’s second largest parter in rail freight transport
"Last year, the volume of export goods amounted to 12.6 million tonnes while the total Belarus-Latvia freight traffic reached 30.1 million tonnes"...

Belarusian Mogotex to design special clothes for Zambian Air Force
"To the Zambian Air Force we’ve offered uniforms made of the best special materials: acid-resistant, water-proof, fire-resistant, antistatic fabrics. By exporting products to Zambia, we intend to promote and sell our products to neighboring countries: Kenya, Zimbabwe, South Africa, and other ones"...

Belarusian companies sign contracts worth $150m at national expos abroad in 2018
"About 100 contracts and agreements to the tune of about $150 million were concluded during such expos. Agreements and memoranda of cooperation worth around $50 million were signed. In other words, the aggregate effect of such events can be estimated at $200 million"...

Belarus’ national exposition to be held in Nigeria on 26-28 March
Nigeria may be interested in Belarusian vehicles, machines, equipment, vegetable growing technologies, food, and beverages...

Belarus’ NatiVita to produce lung cancer vaccine using Cuban solutions
NatiVita and Cuba’s Center of Molecular Immunology (CIM) have signed an agreement on the transfer of technology for full-cycle production and quality control of a vaccine to treat lung cancer CIMAvax-EGF...

Belarus’ new tech solutions shown to Tatarstan president at Kazan expo
Belarus’ exposition was visited by Tatarstan President Rustam Minnikhanov. The head of the region was shown new tractors, including Palesse combines...

Paris expects more tourists from Belarus
"There are two important factors which influence the flow of tourists: direct flights and visa application centers"...

Work in progress to sell Belarusian trolleybuses, electric buses to Serbia
The ambassador sketched out prospects of cooperation in the manufacturing sector. In his words, Belarus is interested in exporting petrochemical products to Serbia as well as tractors, automobiles, metal products, lifts, tires, synthetic fibers, and ceramic products...

Brest Oblast’s exports to China double in 2018
“Export supplies to China grew almost twofold last year and amounted to $23.2 million. In 2019, Poultry Plant Druzhba already made the first shipment of poultry to China. Such products are in demand on the Chinese market and we will increase the volume of poultry production in Baranovichi District”...

Belarus to spend over $50m within two years on water deferrization
The official said: “The state raises money for this purpose. Over $50 million in state budget funding alone is supposed to be spent on the deferrization of natural water in 2019-2020”...

First Belarusian freight train sets off on New Silk Road journey from Orsha
“These are consumer goods, first of all, raw materials. There are plans to ship food in the future. Belarusian exporters show big interest in supplying refrigerators via Orsha,” said head of the department of the multimodal industrial and logistics complex Bremino Orsha Vladimir Kostenevich...

Poland shows interest in Belarusian timber
“Poland has expressed big interest in the import of timber. The issue will be discussed with the corresponding regulators taking into account Belarus' national interests,” the press service said...

Belarus taking part in Prodexpo 2019 in Moscow
"The exhibition has displayed a wide range of Belarusian producers of meat, dairy, bakery, confectionary, alcohol and other products"...

Belarus-Israel trade past $200m in 2018
The ambassador summed up results of Belarus-Israel cooperation in 2018. Positive dynamics in mutual trade was mentioned as well as successful investment cooperation primarily in the spheres of information technologies and agribusiness...

Belarus' export up 14.9% in 2018
In 2018 Belarus’ export of merchandise and services surged by 14.9% over 2017 to total $42 billion...

Inflation in Belarus at 0.9% in January
In January 2019 the base index of consumer prices, which does not account for changes in prices for individual goods and services susceptible to administrative and seasonal factors, stood at 100.7% in comparison with December 2018...