Business news

29 Aug 2019

Belarus, Germany discuss cooperation in organic farming
The parties discussed ways to scale up cooperation between the regions. Grodno Oblast First Deputy Governor Ivan Zhuk noted that cooperation in the agricultural sector holds a lot of promise, as agriculture is one of the pillars of the regional economy...

29 Aug 2019

Belarus, Cuba update agreement on mutual supplies
Evgeny Shestakov stressed that the document is meant to ensure progressive and balanced development of trade and economic cooperation between Belarus and Cuba, and offer opportunities to step up cooperation in industry, healthcare, and agriculture by promoting mutual supplies...

29 Aug 2019

Belarus considering exporting electricity to Latvia
Belarus is looking into the possibility of exporting electricity to Latvia taking into account the country’s decision to possibly import electricity from third countries...

28 Aug 2019

Belarus, Egypt come to terms on further development of production of MAZ vehicles
The sides discussed in detail further development of the joint production of MAZ automobiles in Egypt. The main stages of the project were discussed...

28 Aug 2019

Turkish private sector ready to step up operation in Belarus
Mevlut Cavusoglu reminded that while in Minsk he had met with representatives of the Turkish private sector, who work on the Belarusian market. They spoke in positive terms about their work in the country and the terms Belarus offers to investors...

28 Aug 2019

Belarus, Turkey switching to industrial cooperation
The Belarusian minister said that a plant to assemble MTZ tractors was opened in Turkey in April 2019. Belarusian companies are working on similar projects to assemble other types of vehicles...

27 Aug 2019

China-Belarus industrial park development company authorized capital up 150 times in 7 years
“The company’s starting capital was quite small seven years ago. The authorized capital equaled $1 million. Since then, it has increased 150 times, as we have attracted big shareholders,” Kirill Koroteyev noted...

27 Aug 2019

Belarus suggests setting up pharmaceutical clusters with Indian investors
“This pertains not only to export and import, but also to manufacturing, establishment of joint ventures and even clusters that would bring together representatives of the business community, science and education. We could work together on the markets of third countries,” he said...

27 Aug 2019

FDI from China to Belarus 200 times up in last ten years
The portfolio of China’s technical and economic aid has already reached $0.5 billion and, according to the deputy economy minister, will grow larger. In particular, since 2015 China has granted nearly $185 million in technical and economic aid to Belarus within the framework of 12 projects...

27 Aug 2019

Belarusian Belkommunmash to supply 100 trolleybuses to Dushanbe
The contract provides for supplying Model 32100D trolleybuses, which have the capability to travel for up to 15km autonomously. The first shipments are scheduled to take place this year. The final shipments will be delivered in September 2020...

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