Business news

Export of Belarus’ tourism services to China up 15% in January-October
"Over 10 months 2018 it was estimated at $4.73 million, a nearly 15% increase over the same period a year before. As a result, China became the third biggest importer of Belarus’ tourism services following Russia and Ukraine"...

Grodno, Hainan to develop cooperation in tourism, logistics
The guests got acquainted with the economic and tourism potential of the region, visited the free economic zone Grodnoinvest and attended a meeting to discuss the prospects for cooperation...

Belarusian private sector promised friendlier Tax Code
“A common stance has been worked out. Over 35 matters, which are crucial to private business operation, have been reviewed. In our opinion, this edition of the Tax Code meets the requirements set when instructions to polish the taxation legislation were given”...

Plans to set up fire, industrial safety center in China-Belarus industrial park Great Stone
“There are plans to set up a Belarusian-Chinese center on fire safety and industrial safety in the China-Belarus industrial park Great Stone. We’ve suggested setting up a working group, which will include specialists of the two ministries and will work on the matter”...

Wooden houses seen as driver of Belarus’ exports to France
In 2017, the growth of Belarusian exports to France made up 155%. This year witnesses good dynamics as well. Belarus supplies to France a total of 250 commodity items...

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...