Business news

Belarus may set uniform retail prices for some alcoholic beverages
"We made the proposal to strengthen state regulation of the most common types of alcoholic beverages (following in footsteps of a number of other countries). We suggested setting a minimum entry price, a uniform trade markup and, therefore, a uniform price in retail"...

Forum of innovative companies, startups due in Minsk on 13-14 November
"The exhibition-forum will offer an intensive immersion into the startup-ecosystem of Belarus. Participants will be able to mingle with decision-makers representing companies that generate innovation and technologies in the country and the world"...

Belarus, Egypt mull over joint ventures in petrochemistry, pharmaceutics
“Special emphasis was given to a project to manufacture certain petrochemical products from Belarusian raw materials in Egypt”...

Great Stone resident companies pledge $1-1.1b in investment
“As of today, in line with business plans and feasibility studies of projects by the resident companies, the amount of declared investment totals $1-1.1 billion. It is a rather good figure”...

Belarus to host Belt and Road international forum in June 2019
Valery Voronetsky informed the Chinese delegation about preparations for the Belt and Road international forum that will take place at the Chinese-Belarusian Industrial Park Great Stone in June 2019...

Over 30 French businessmen to attend business forum in Minsk
The forum participants will discuss bilateral trade cooperation, investment, export and joint projects. The embassy invites stakeholders from Belarus and France to take part in the forum...

Belarus to attend World Investment Forum in Geneva
Taking part in the forum will be more than 30 countries of Asia, Europe, South and North America...

Belarusian light industry products on display in Vilnius
Taking part in the expo are manufacturers of textiles, apparel, knitted and leather goods, footwear. About 460 companies from 25 countries are taking part in the expo this year...

Russian-Belarusian venture capital fund to invest in ten new projects by 2020
Over 150 startups have already passed RBF Ventures’ initial evaluation. A number of the most promising projects have been chosen...

EBRD, EIB, World Bank launch new enterprise survey in Belarus
The aim of the study is to obtain the information from the private sector on the business environment in Belarus and to use these data to assess the opportunities for private sector growth and factors restraining this growth...

Experts to harmonize Belarus-India protocol on Belarus’ accession to WTO
Experts from Belarus and India will meet in Geneva to finalize the bilateral protocol on Belarus’ accession to the World Trade Organization. Such an arrangement was reached during the visit of Deputy Minister of Foreign Affairs of Belarus Andrei Dapkiunas to India...

Belarus adopts SME promotion strategy till 2030
The goal of the strategy is to encourage the growth of small and medium-sized businesses able to considerably improve the structure of the Belarusian economy, increase its competitiveness, create new jobs and raise living standards...

Belarus signs several contracts to supply foodstuffs to Oman
The company Primemilk concluded 12 contracts with Oman’s dairy and confectionery companies. In the near future Oman will receive 100 tonnes of whey powder and whey fat concentrates...

Belarus’ Vitebsk Oblast to showcase its economic, cultural potential in Moscow
The presentation will be divided into several themed blocks. The first of them will include an exhibition of Vitebsk Oblast companies-exporters and their investment proposals...

Forum of Regions expo to bring together over 140 manufacturers from Belarus, Ukraine
“Representatives of both countries have shown interest in the event. 57 Ukrainian manufactures and 89 from Belarus have so far confirmed their participation in the event. We expect this number to increase”...

Stadler Minsk to manufacture 12 Metelitsa trams for Bolivia
“We are happy that such trendy and modern vehicle will enter passenger service in our country. This means of transport will change the look of our region, will make it more recognizable thanks to your high technology”...

Plans to set up WTO affairs center in Belarus by 2020
The WTO affairs center will perform consulting functions, including the analysis of economic consequences of joining the WTO. It will work out recommendations on improving the national laws and will provide expert assistance with Belarus’ work in WTO bodies...

Stadler Minsk to produce first train for Minsk metro in 2018
The train will be the first one made entirely of aluminum on the CIS market. "We are ready to give it a 50-year warranty without maintenance, which is interesting for our customers"...

Belarus’ GDP up 3.7% in January-September 2018
According to the first assessment, the country's GDP in money terms totaled Br88.8 billion, or 103.7% in comparable prices against January-September 2017...

Eurasian Development Bank to tweak EFSD loan reform program for Belarus
According to the EDB, Belarus still faces short-term and medium-term risks despite the favorable economic situation at present...