Business news

Belarus’ central bank steps up efforts to cut dollar use
“In 2019 the National Bank will keep working on reducing the dollarization of the economy using available instruments. By the end of the year and in the years to come national currency loans should steadily account for more than 50% of all loans”...

Belarus’ budget surplus exceeds $2bn in 2018
“This is pretty good; this allows us to be optimistic about the future regardless of developments in the global economy,” Maksim Yermolovich said...

Call for reducing plastic waste, improving recycling system in Belarus
“Recycling is a very important issue for Belarus,” the president said. He noted that in a number of countries glass bottles are mostly made of recycled raw materials. “What about us? You think we are rich. No, we are just disorganized and careless”...

Belarus opens 19 production facilities as part of innovative program in 2018
Belarusian scientists developed a new integrated circuit packaging technology to be used in production of industrial, special-purpose and dual-purpose goods. They also worked on the establishment of a high-tech innovation and manufacturing cluster specializing in sophisticated medical equipment, security systems, and non-destructive testing equipment...

Belarus approves 2019 plan of national expos abroad
There are plans to take part in Expo Dubai 2020...

Zambian company shows interest in Amkodor vehicles
During the visit, the guests got acquainted with the vehicles and held talks with the company’s marketing service...

BelCCI holds road show of overseas exhibitions for Belarusian exporters
“Having analyzed the geography and themes of national expositions over the past ten years, we have decided to introduce a new practice with an emphasis on the analysis of specific niches for domestic products, the market and competitors on that market, and individual plans of negotiations with potential partners”...

Belarus attends FITUR tourism fair in Madrid
The diplomatic mission said that this is the second time Belarus attends the fair. Belarus national exposition at FITUR is themed around the 2nd European Games MINSK 2019...

Belarus ready to help upgrade Novosibirsk transport infrastructure
“We could jointly develop and implement a project on comprehensive upgrade of Novosibirsk transport infrastructure. This pertains to traffic management, upgrade of tramway tracks, electric power supply systems and transport stops,” Sergei Rumas said...

Mogilev railway plant to supply rolling stock to Lithuania
In 2019, Mogilev Railway Car Building Works (MVZ) plans to ship to Lithuanian Railways the first batch of 150 open wagons (model 12-6993) for industrial chips...

Belarusian foodstuffs to be on display in over 20 countries in 2019
In 2019 Belarusian food producers will take part in over 30 expos in more than 20 countries worldwide with assistance from the Belinterexpo exhibition company of the Belarusian Chamber of Commerce and Industry...

Belarus' Domostroenie to sell 48 wooden houses to France in 2019
“The Newsprint Mill has signed a contract to supply 48 wooden houses, mostly 2-5-storeyed ones, to France in 2019”...

Belarus, Azerbaijan mull over project to produce electric buses
"Ganja is a unique region where we can implement a number of investment projects. Serious consideration is being given to the project to set up a joint production of electric buses at Ganja Automobile Plant"...

Belarus-India trade projected at $500m in 2018
Sangeeta Bahadur noted that the trade between the two countries has gradually increased; the parties are implementing joint projects in economy...

India, Belarus to consider direct flights
Sangeeta Bahadur is convinced that direct flights will greatly benefit the tourism industry of the two countries...

WTO: Belarus is likely to join WTO in mid-2020
Commenting on the plans of the Belarusian government to join the WTO by mid-2020, Juan Marchetti said that “it is absolutely possible, because Belarus has more than a year ahead to complete the negotiating process”...

Belarus to partake in FoodExpo Kyrgyzstan in Bishkek
The expo will include such sections as food, food industry equipment, horeca, packaging, halal industry...

BelAZ export up 30.3% in 2018
The Belarusian automobile engineering company BelAZ exported $990.8 million worth of products in 2018, up 30.3% over 2017...

RAEX agency confirms Belarus’ NC rating at ‘B’ , FC rating at ‘B-’
"We kept the positive outlook on both ratings due to our expectations for economic growth and gradual resolution of the “bad loans” issue in the banking system"...

Belarus’ food producers explore 19 new sales markets
"In January-November 2018, Belarus shipped agricultural products and foodstuffs to 95 countries worldwide (to 86 destinations in January-November 2017). Milk and dairy products were exported to 58 countries, meat and meat products to 19 countries"...