Business news

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...

Minsk National Airport passenger traffic up by 15% in January 2019
In January 2019 Minsk National Airport handled a total of 319,833 passengers...

Belarus to take part in Meble Polska 2019 furniture fair in Poland
In terms of furniture deliveries Belarus is 13th largest partner of Poland. In January-September 2018 the export of Belarusian furniture to Poland amounted to $12 million, which was up 14% as against the same period a year earlier...

World Bank positive about cooperation with Belarus in forestry industry
Kseniya Lvovsky, World Bank Practice Manager for Environmental and Natural Resources in Europe and Central Asia, said: “We are now preparing a global report on forestry industry and would like to note that Belarus can be represented in it as one of the world’s best practices”...

Belarus eager to cooperate with Zimbabwe in agriculture, extraction of natural resources
The statement was made by Head of the Belarus President Property Management Directorate Viktor Sheiman after meeting with representatives of Belarusian companies and organizations on 8 February to discuss the advancement of business cooperation with Zimbabwe...

Belarus interested in stronger Italian presence in free economic zones, Great Stone park
The day before the Belarusian head of government met with Deputy Chairman of the Council of Ministers of Italy, Minister of Economic Development, Labor and Social Policy Luigi Di Maio. It was the first meeting at the level of top Belarusian and Italian government officials in the last ten years...

Belarus’ gold, forex reserves at $7bn
According to the country’s main monetary guidelines for 2019, the volume of international reserve assets is expected to make up at least $7.1 billion on 1 January 2020...

Software named Belarus’ main export to USA
The Digital Economy Development Ordinance was adopted in December 2017. The diplomat reminded that the ordinance had been presented at a similar forum one year before. “Now we have an excellent opportunity to recount the first results achieved in one year after the document came into effect”...

Belarus’ central bank expects H1 2019 inflation on par with last year’s
“Inflation in the first half of the year is expected to exceed this year’s inflation target. Because the negative pressure on the part of the already existing temporary factors will not go away in the blink of an eye. Although their influence will fade away gradually”...

Belarus named Russia's fourth largest trading partner in 2018
According to the Russian Federal Customs Service, the Belarusian-Russian trade totaled $35,686.2 billion in 2018, which was up 10.8% as against 2017...

First export train with Belarusian goods to leave Orsha for China on 11 February
According to Alexander Zaitsev, it is the first export train Bremino Group is preparing to dispatch in association with the Chinese company Cosco Shipping. The train will deliver 41 containers to China, they are being assembled now...

Belarusian Amkodor to ship $2.5m worth of vehicles to Egypt
“Egypt is an attractive market for Amkodor because of its high capacity. We will also be able to promote Amkodor vehicles to North Africa via this market,” the article reads...