Business news

Belarus, Switzerland complete negotiations on Belarus' WTO accession
Switzerland has become the 20th WTO member with which Belarus signed the protocol on the completion of bilateral negotiations on accession to the WTO. In 2017-2018 Belarus concluded bilateral negotiations with ten WTO members...

S&P affirms Belarusbank 'B/B' ratings
The ratings on Belarusbank reflect S&P’s view of the bank's leading market position and the ongoing support from the government due to the bank's importance in providing banking services to the population and its key role in the economy...

Tax maneuver named key topic of Belarus president’s forthcoming meeting with Putin
The head of state stressed that he was not going to resort to some trickery for the sake of personal gains and will not play games...

Belarus’ export to Brazil up by 23.5% in January-September 2018
Potash fertilizers dominate Belarusian exports, which ensures a trade surplus for Belarus...

Belarus keen to deliver equipment, foodstuffs to Russia’s Karelia
The president stressed that the cooperation with Russian regions is one of the priorities of strategic relations between Belarus and Russia, a key element of the trade and economic ties...

Belarusian Railways reveals ambitious plans for container transportation between Europe, China
According to Vladimir Morozov, this year Belarusian Railways will transport 320,000-330,000 containers on the way between China and Europe, 60% up from 2017...

Moldova hopes for increase in arrivals from Belarus as new Minsk-Chisinau flight goes online
“We hope that thanks to the Minsk-Chisinau flight, the passenger traffic will increase and more Belarusian tourists will visit Moldova,” said Anna Kolta...

Belarus-Kazakhstan trade expected to get close to $1bn in 2018
According to the diplomat, in January-October 2018 Belarus-Kazakhstan trade reached $700 million, with Belarus securing a foreign trade surplus...

UZEX trading platform launched at Belarusian Universal Commodity Exchange
This is the first trading platform of a foreign exchange in Belarus...

Contracts worth $250m signed during Sudan president’s visit to Belarus
“During these days (yesterday and today) we signed 17 documents. It is not only agreements and treaties but also contracts with specific numbers. The total sum is $250 million. This has been a successful visit, successful negotiations,” the diplomat said...

Inflation in Belarus at 0.6% in November
In November 2018 the index of consumer prices for goods and services totaled 100.6% as against October 2018 and 104.8% as against December 2017...

Belarus’ exports of goods, services up 17.1% in January-October 2018
In January-October 2018 Belarus' exports of goods and services totaled $34.7 billion, up 17.1% versus the same period of 2017...

Belarus to supply granaries to Sudan
He emphasized the importance of the Belarusian-Sudanese cooperation in agriculture. The two states are currently implementing the Belarusian-Sudanese framework contacts on the delivery of Belarusian granaries and farming machinery...

Economy, industry in focus of Belarus-Sudan cooperation
Belarus and Sudan are implementing joint projects in gold mining, the development of a multi-product machine-building enterprise to assemble MAZ and Gomselmash tractors and trucks...

Sudan intends to allocate Belarus second site for gold mining
A Belarusian company has been registered in Sudan...

Belarus’ gold, forex reserves up to $7.4bn
In November 2018, the country’s gold and foreign currency reserves went up by $332.3 million (up 4.7%) following the September growth by $181.3 million (2.6%)...

Opinion: Business climate in Belarus has significantly improved
Sergei Novitsky named a significant reduction in the requirements for starting a business and also simplified fire, sanitary and environmental standards among the most significant innovations for business development...

China-Belarus industrial park development company confirms compliance with EMAS, OHSAS
These certifications are believed to be the world’s cutting-edge systems for confirming the compliance of management practices with sustainable development principles...

Sudan invited to assemble Belarusian vehicles
The project received support from business. Its implementation will bring mutual benefits. Sudan will become a springboard for Belarus to enter the African market, Vladimir Andreichenko stressed...

Lukashenko, Putin debate energy prices at EAEU summit
In his speech during the opening of the summit Alexander Lukashenko made it clear it is necessary to continue removing barriers, exemptions and restrictions, which stand in the way of a fully operational common market of the Eurasian Economic Union...