Business news

Belarus' gold and forex reserves at $9.3bn as of 1 February
According to the National Bank, the amount of foreign currency in the reserves as of 1 February amounted to $3.113 billion, up by $60.7 million (or 2%) over January; monetary gold was estimated at $4.868 billion, up by $345.2 million (or 7.6%)...

Belarus lowers export duties on some oil products
In line with the resolution, the size of the export duty on liquefied petroleum gas is now $7.5 per tonne ($18.5 previously). The export duty on ethane, butane and isobutane was set at $6.7 per tonne ($16.6)...

Belarus' ambassador, Russia's Transmashholding discuss cooperation prospects
The press service noted that the TMH enterprises are traditionally major suppliers of machinery and components for the railway industry and industrial sector of Belarus...

Belarus’ Hi-Tech Park registers 48 new residents
New residents of the HTP specialize in such advanced areas as medical technologies, artificial intelligence, tourism and design, software development, micro-mobility and manufacturing of robotic systems...

Belarus, Russia’s Bashkortostan sign action plan to create joint investment clusters
The signatures were put by Belarusian Economy Minister Yuri Chebotar and First Deputy Prime Minister of the Government of Bashkortostan - Minister of Economic Development and Investment Policy Rustam Muratov...

Belarusian automaker MAZ to roll out apron bus at NAIS expo in Moscow
The interior of the new electric bus is designed for transportation of 90-100 passengers, depending on the interior layout...

Belarus-Russia trade in agricultural products up by 15% in 2024
"According to preliminary data, in 2024 the trade in agricultural products increased by 15%, exceeding $8 billion. We hope that this momentum will continue"...

Belarus joins Declaration on Baku Climate Coalition for SMEs green transition
"The document was officially initiated within the framework of Azerbaijan's chairmanship of COP29. It was supported by a number of foreign SME support agencies and the Asian Development Bank," the agency said...

Over 2,500 BELARUS tractors shipped to Russia's Orenburg Oblast over 10 years
MTZ added that these tractors account for 53.9% of agricultural machines purchased by the Russian region.ЮЮ

Russia's Khabarovsk Territory interested in Belarus' IT solutions
Discussing specific cooperation prospects, the Khabarovsk Territory delegation emphasized the need for IT solutions for the mining industry, the transport sector, as well as solutions based on artificial intelligence and BIM technologies [Building Information Model]...

Belarus' Development Bank presents export support tools to Russia's Khabarovsk Territory
Acting First Deputy Chairman of the Khabarovsk Territory Government Sergei Abramov said that the region is interested in collaboration with the Development Bank in order to fulfill serious tasks in the mining industry, infrastructure, construction of roads and social facilities...

Russia’s Pskov keen to cooperate with Belarusian enterprises
As part of the Pskov-Belarusian business matchmaking event, the Belarusian delegation met with President of the CCI of Pskov Oblast Vladimir Zubov and representatives of public and private organizations of Pskov Oblast...

New routes and flight safety among priorities of Belarus’ air industry in 2025
Speaking about international cooperation, Igor Golub informed that the air service agreements with the Bolivarian Republic of Venezuela and the Republic of Kenya are in high readiness for signing. The internal procedures of harmonizing the draft air service agreement with the Hashemite Kingdom of Jordan are currently in progress...

Vice-premier: Belarus, Russia have created a common agricultural market
“Yes, it has been created,” Yuri Shuleiko said when asked whether a common agricultural market of the Union State has become a reality...

Shuleiko: Belarus is Russia's strategic partner in food industry
"Russians appreciate the assortment, quality and long-standing traditions of Belarusian foodstuffs. The past year was very good for the export of Belarusian food products, including sausages, beef, dairy products, butter, cheeses, sour cream and many more"...

Belarusian commodity exchange accredits new Chinese broker
As a broker, the company will focus on attracting Chinese rolled steel producers to the exchange, which will help increase the supply of these products on the exchange and, as a result, provide more favorable terms of purchase for Belarusian consumers...

Belarus ready to increase food supplies to Russia’s Khabarovsk Territory
Belarus can also produce machine tools, automotive components, electrical equipment, and spare parts...

Belarus raises oil transit tariffs on 1 February
In addition, tariffs have been set for oil transportation on two new united national routes...

Lukashenko: We need better results in flax industry
He also pointed out that flax products are in demand in foreign markets, and even low-quality raw materials are bought up...

Lukashenko: We will spare no expense on science, but we need results
“We will support you in specific areas that bring big benefits. If your projects earn Br15 for every invested Br1, then our doors will always be open for you,” Aleksandr Lukashenko said...