Business news

Lithuania ready to handle more Belarusian freight
“Some of these cargoes are moved via the Klaipeda port. Lithuanian Railways and the Klaipeda port are ready to handle more Belarusian freight. We should fight for every tonne. Stable business relationships with neighbors who clearly appreciate the principles of transparency-based cooperation with Lithuania are essential”...

China-Belarus industrial park shares city planning experience at conference in Switzerland
The China-Belarus industrial park Great Stone presented its own experience of city planning and functional zoning of territories as well as the experience of creating infrastructure compliant with high ecological standards...

EU shows interest in Belarus’ energy-efficient home design
"Together with Lithuanian partners, we have developed a house design that meets European standards. On 5 April, the first batch of reinforced concrete structures left Brest for Stockholm, Sweden. We see interest in this project from other European countries as well"...

State-owned share in Belarusian Priorbank evaluated at €17m
The government is now consolidating the state-owned package of Priorbank stock and transferring it to the State Property Committee. It has to be done by 20 April...

Interest in Belarusian machines in Russia’s Khakassia despite skewed competition conditions
Vladimir Semashko suggested establishing long-term mutually beneficial trade relations in the sale of Belarusian machinery and food products...

Belarus, Uzbekistan to implement 15 joint scientific and technical projects
“During the meeting, Chairman of the State Science and Technology Committee Aleksandr Shumilin and Minister of Innovative Development Ibrokhim Abdurakhmonov signed an executive program on cooperation in science, technology and innovations for 2019-2021”...

Made in Belarus expo opens in Almaty
The expo features Belarusian mechanical engineering and mining, petrochemicals and transport, household appliances and food products, consumer goods, new solutions and medical tourism...

Plans to develop 5G technology in Belarus fleshed out
"In the past we used to lag behind world leaders in the introduction of cellular communications technologies and we had someone else’s experience to tap into. We keep up with the time now. It has its own peculiarities"...

Great Stone presentation in Moscow scheduled for 11 April
The major themes will include the tax exemption regime, the One Station service center, a bonded area, and a special customs regime...

Belarus to attend IMF, World Bank Group spring meetings in Washington
Belarusian delegation led by Economy Minister Dmitry Krutoi has left for Washington, D.C., the United States to take part in the Spring Meetings of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group (WBG)...

Belarus’ export to Kazakhstan exceeds $91m in January-February
Belarus’ key export commodities during this period were milk and dairy products, tractors and truck tractors, trucks, furniture, medicines, machines and devices for harvesting and threshing crops, frozen beef, petroleum products and tires...

Two times more companies might join China-Belarus Industrial Park Great Stone
Over the past four years the China-Belarus Industrial Park Great Stone registered more than 40 resident companies. In the coming years the number of resident companies is expected to increase more than twofold at the minimum...

Swiss, French private sector encouraged to more actively invest in Belarus
The Swiss company Stadler Minsk, which produces rolling stock for railways, is a bright example of successful Western investments in the Belarusian economy. Its success also confirms the stability and reliability of the conditions Belarus offers to foreign companies...

Innovations in Belarus’ government procurement system to be presented at TIBO 2019
"The expo will also hold a presentation of the Export.by portal which is an digital showcase of Belarusian goods available for export to the international market"...

Belarus’ Geely cars generate buzz at St. Petersburg International Motor Show
"The exposition of Belarusian manufacturers stirred much interest. Geely Atlas, which is popular in Russia, traditionally attracts a lot of attention. According to the dealer, supplies of Belarusian cars to Saint Petersburg will expand year to year"...

Belarus, Vietnam consider cooperation in energy industry
The matter was discussed as Ambassador Extraordinary and Plenipotentiary of Belarus to Vietnam Vladimir Goshin visited facilities of the Hoa Binh hydroelectric dam...

EDB expects inflation in Belarus in 2020-2021 close to domestic projections
The Eurasian Development Bank expects Belarus’ GDP to gain 1.5-2% every year in the medium term in the absence of additional stimuli...

Belarus, China to recognize each other’s authorized economic operators
The document will ease a number of procedures for Belarusian authorized economic operators of type three and Chinese bona fide enterprises with high credibility...

Belarus’ exports to Indonesia, Singapore up in January-February
Belarus’ main exports to Indonesia include potash fertilizers, automotive vehicles, tires, polyamide, medical furniture and equipment...

S&P affirms Belarus at 'B/B', outlook stable
The experts welcome a better quality of gold and foreign currency reserves, export diversification in terms of product and geography, a conservative monetary policy and its synchronization with the monetary policy, which allowed stabilizing the national debt and inflation...