Business news

Belarusian, Bulgarian scientists to advance cooperation in food biotechnology
"Food of the future is a very hot topic. Sustainable development needs the right kind of food and to determine the right kind of food, one needs genetic peculiarities of the human being"...

China Development Bank opens office in Minsk
"The opening of the Minsk Office is a step that fully confirms our confidence in the Belarusian economy and our desire to support the Belarusian-Chinese trade, economic and financial cooperation"...

Supersize haul trucks made by Belarusian BelAZ sell well
The total carrying capacity of the dump trucks sold so far this year has increased by 40% in comparison with the same period of last year. The share of haul trucks with an extremely large carrying capacity in the total shipments has reached 65%...

Belarus exports food products to 77 countries
Belarus is among the countries with self-sufficient agricultural production. Belarus’ food security is high and shows a positive trend...

Companies affiliated with Belarus’ Industry Ministry to deliver $382m worth of equipment to Russia
"Belarusian industrial enterprises have long-standing and strong ties with Russian partners. This year, we have maintained interaction with 75 regions of Russia"...

Russia urged to give Belarusian business access to its import substitution program
Small and medium-sized businesses could take part in the SMEs preferential financing program aimed at supporting projects in priority industries in Russian regions...

Confidence in resolution of roaming charges problem between Belarus, Russia
“There are still economic and financial aspects to consider. Work is now in progress to find out how much revenue our mobile carriers will lose. But I am absolutely sure that within the next 18 months the roadmap will be implemented and roaming charges will be dropped”...

Lukashenko urges to develop joint Belarus-Russia import-substituting programs
According to him, the most important thing of interregional cooperation is the implementation of cooperation projects in mechanical engineering, woodworking, food and light industry...

Russia to increase supplies of oil products to Belarus by 10% in 2019
This is enough for Belarus to have its oil refineries operate at full capacity and to ensure the adequate output to maintain the required GDP growth rate...

Railway container traffic between China, Europe via Belarus on the rise
Freight transit between China and Europe in the Grodno customs house responsibility area is on the rise. For instance, such trains pass through the customs office Bruzgi 1 every week...

Belarus receives $263m from Russia as part of bilateral oil arrangement
Igor Lyashenko also said that Moscow and Minsk will begin consultations on the compensation for the losses incurred by the Belarusian budget from the tax maneuver on 1 November...

Belarus signs $335m contracts to supply goods to Russia
Business Cooperation Council is a new platform within the framework of the Forum of Regions. According to Vladimir Ulakhovich, this is an opportunity for the CEOs of major enterprises and business people to discuss topical issues of mutual cooperation...

Belarusian petrochemical companies to deliver some RUB12bn worth of merchandise to Russia
Apart from that, a number of export contracts worth RUB1.3 billion were signed with Russian companies in the run-up to the forum...

Belarus’ tourism potential presented in Murmansk
“Traditionally, residents of the Russian northern region come to Belarus for recuperation. The flow of tourists increases every year”...

Eurasian Development Bank grants Belarus sixth tranche of EFSD loan
Taking into account the previous tranches, Belarus received $1.8 billion out of the $2 billion loan to support domestic reforms...

Regions of Belarus, Russia sign ten cooperation documents in Mogilev
The signing ceremony took place at the session of the Inter-Parliamentary Commission for Interregional Cooperation of the Council of the Republic of Belarus and the Federation Council of Russia on the sidelines of the 5th Forum of Regions of Belarus and Russia...

Belarus, Russia agree oil products trade figures for November-December 2018, next year
As a result of the meeting Igor Lyashenko and Dmitry Kozak signed the protocol on amending the 2017 intergovernmental agreement on measures to regulate trade and economic cooperation in the export and oil and oil products...

Progress in dropping roaming charges for Belarusian-Russian calls
The relevant ministries are in consultations about the matter now. “In response to our questions they’ve said they’ve started moving,” said the official...

Belarusian lift manufacturer seals major deal to sell lifts to Russia
"We’ve worked together for ten years already. In the past we used to buy lifts in small lots. Last year we reached a new level of cooperation and intend to persistently advance it. The contract we’ve signed today is a testimony to that"...

Belarus eager to advance cooperation with Russia’s Tula Oblast in civil engineering, manufacturing
“We can take cooperation in various areas to the next level. Cooperation in agriculture and manufacturing is a very important area for us. We can also talk about cooperation not only in trade but also manufacturing cooperation, tourism, culture, and science”...