Business news

Belarusian-Swiss Business Council to convene for meeting in Horn on 30 November
The Belarusian-Swiss Business Council is set to discuss the prospects for bolstering Belarusian services export to Switzerland, doing business conditions in the free economic zones and the Great Stone Industrial Park...

Belarusbank ATMs now accept Chinese payment cards
UnionPay is China’s national payment card system. It was set up in 2012. UnionPay cards are accepted in about 170 countries and regions of the world...

Belarus to borrow $500m on new markets in 2019 to bolster gold, foreign exchange reserves
“We don’t need money that much in 2019. It will be a convenient time for reaching the markets we have not been present on yet,” said the finance minister. “This is why we should test the markets in order to feel comfortable and safe in 2020 and 2021”...

Chengdu-European industrial subpark to be set up at Great Stone in Belarus
The Great Stone park also signed a memorandum on trade and economic cooperation with the pilot area for China-SCO regional trade and economic cooperation...

Belarus, China to hold business forum at CIIE on 7 November
The participants of the forum will be invited to visit Belarus Country Pavilion, taste products and continue B2B communication...

EU stands ready to assist Belarus in private sector development
In general, Andrea Wiktorin urged to focus on private sector since it is the backbone of the economy...

Hungary interested in joint projects with Belarus in IT, woodworking
When asked about promising areas for joint ventures, Laszlo Bodi stressed that Hungary is interested in joint projects primarily in IT. "We are also interested in woodworking, pharmaceutics, chemical industry and oil refining"...

Belarusian R&D products on display at Airshow China 2018
The Belarusian products on display include innovations in the area of modern communications systems, troop control systems for air force and air defense branches of the military, unmanned aerial vehicles, radio location and radio warfare solutions...

Belarus, Hungary discuss prospects to expand cooperation in air services
The parties talked over the possibilities of strengthening trade, economic and investment cooperation and also the prospects to expand cooperation in air transportation services...

Belarus’ exposition to open at China International Import Expo on 6 November
Speaking at the opening ceremony of the exposition will be head of the Belarusian delegation, Deputy Head of the Belarus President Administration Nikolai Snopkov and guest of honor on China’s behalf, Gansu Province Governor Tang Renjian...

Belarus-Italy trade in fashion products, accessories up by 44% in H1 2018
Cooperation between Belarus and Italy has been actively growing in the industrial sphere, particularly in the area of supply of textile machinery. "Direct cooperation in the field of design has been vibrant as well"...

Promising Belarusian investment projects on display during China International Import Expo
During the expo over 80 Belarusian companies will present their export capabilities in the spheres of trade, investment, innovation, healthcare, tourism, culture, and education. The total exhibition area of Belarusian stands is 778m2...

Belarusian technical regulations presented at China International Import Expo
The State Standardization Committee of Belarus will also present its subordinate organizations – the Belarusian State Standardization and Certification Institute (BelGISS), the Belarusian State Metrology Institute (BelGIM), and the Belarusian State Center for Accreditation...

Belarusian BelAZ to ship 12 haul trucks to Indonesia in November
The BelAZ 7555V haul trucks will be delivered to the Indonesian heavy equipment rental company PT Tritama Niaga Berjaya. It is the first batch of Belarusian haul trucks the company will get...

Belarus’ gold, forex reserves total $7.1bn
In October 2018, the country’s gold and foreign currency reserves went up by $181.3 million (up 2.6%) following the September reduction by $320 million (4.4%)...

China International Import Expo kicks off in Shanghai
Belarusian companies will display their products and services under the Made in Belarus brand. Its logo design was inspired by Belarusian national motifs featuring a cornflower that symbolizes Belarus...

Belarus president pleased with Vitebsk fur factory modernization
About $24 million has been invested in the project to upgrade the Vitebsk fur factory. More than 300 jobs have been set up. Once the factory reaches its full production capacity, the number of workers will increase to 500...

World Bank revises Belarusian economy growth forecast for 2018 to 3.4%
According to the source, the steady revival of the Belarusian economy, which began in 2017, continued into 2018. However, further structural changes are necessary in order to bolster the competitive ability on foreign markets...

WTO membership to help Belarus participate in discussing new SME rules in digital age
The Ministry of Foreign Affairs representative underlined that Belarus will do everything to become a WTO member by the end of 2020. “We have yet to conclude negotiations with key WTO members – the European Union and the USA,” she noted...

Belavia offers promo tickets for most of its flights
For example, a one-way flight from Minsk to Barcelona, Milan, Paris and London will cost €35, to Brussels €45.