Business news

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...

Tatarstan head praises Belarus’ engineering products at expo in Kazan
“The president of Tatarstan got familiar with the Belarusian exposition and praised the products displayed by the Belarusian Industry Ministry”...

Belarus to attend session of Parliamentary Conference on WTO
The participants of the conference will discuss the role of MPs in strengthening free and fair trade in general and within the WTO in particular...

Belarus, Turkey announce contest of joint innovative projects
Applications will be accepted by the Belarusian Innovation Fund and the Scientific and Technological Research Council of Turkey. Joint projects will cut across many research disciplines, including nano- and biotechnology, space research and supercomputers...

China named key investor of Minsk Oblast
Minsk Oblast has a considerable export potential. It is home to the country's major enterprises such as BelAZ, BelGee, the China-Belarus industrial park Great Stone...

Belarusian manufacturers take part in Vietnam Expo
Andrei Dapkiunas is leading the delegation of Belarus that has been granted the status of exclusive guest of honor of Vietnam Expo...

China’s Chongqing seeks to supply tea to Belarus
Yu Xie noted that Chongqing, which has twinning ties with Minsk Oblast, is known for tea production. Tea is supplied to many countries around the world. There are intentions to start deliveries to Belarus...

Belarusian nuclear power plant’s 330kV switchgear powered up
The switchgear is part of the power plant’s general electric equipment and is designed to distribute and control the flow of electricity. While the nuclear power plant is under construction, the switchgear is used to provide reliable power supply for startup and commissioning operations...

PM: Belarus’ Development Bank might be vested with new functions
"In previous years, the Development Bank has raised the bar high. Being an instrument of the government, it played an important role in economy, lending programs, export promotion and support of small and medium-sized businesses"...

Digital technologies for empty transit railway cars in Belarus, Latvia, Russia as from 10 December
The step is supposed to optimize international transportation primarily by expediting and simplifying work with clients and by providing quality services in a convenient manner...

Vietnam, Belarus intend to raise efficiency of economic cooperation
Andrei Dapkiunas met with Nguyen Tuan Phong, Deputy Head of the International Department of the Central Committee of the Communist Party of Vietnam...

Belarus, Azerbaijan working on proposals on cooperation in petrochemical industry
"In these conditions Belarusian manufacturers should work to improve quality parameters of their products, should maintain a constant dialogue and direct personal contacts with Azerbaijani partners. Flexible solutions in delivering products and services are needed"...

Belarus-Syria trade may reach $50m in 2018
"In the trade with Syria we have a trade surplus. In January-September Belarus imported about $3 million worth of goods. We import fruits, dried fruits. Syria also offers cotton. In January-September the trade approached $40 million"...

Belarus to showcase its high technology at Bakutel 2018 in Azerbaijan
"The expo is a good opportunity for Belarus to demonstrate its achievements and potential in high technologies, to discuss promising models of cooperation and important areas of collaboration in the field of innovations"...

Belarus’ Amkodor ships front-end loaders to Ufa
According to Ufa specialists, the Amkodor-352 model was chosen for a reason. This loader can be used for multiple purposes and is well suited for intensive multi-task operations...

Belarus to ship about 60 buses to Chuvashia by yearend
Keys from ten MAZ-made low-floor buses were handed over to representatives of Crocus-Auto, public transport operator of the city of Cheboksary...