Business news

Belarus’ Finance Ministry does not rule out placing bonds in Asian markets
Yuri Seliverstov noted that the Chinese domestic market is interesting for Belarus. “But their procedures are somewhat different from the eurobond placement procedures”...

Belarus hopes to get sixth EFSD tranche in February
The deputy minister pointed out that the date of the receipt of the seventh tranche of the EFSD will depend on how quickly the parties agree on the additional parameters. The sixth and seventh tranches will total 200 million each...

Belarus invites Russia to set up flax production cluster
Russia is drafting a very ambitious program to develop light industry, stressed Alexander Popkov, Chairman of the Permanent Commission of Belarus’ Council of the Republic on Regional Policy and Local Self-Government...

Next round of talks on Belarus’ WTO accession scheduled for 20-23 February 2018
In his words, the delegation plans to discuss the terms of WTO accession for sensitive agricultural goods. "For instance we will discuss the access of high-quality beef to the Belarusian market, sanitary and veterinary measures"...

Belarus, Turkey to select best joint scientific projects, start funding in 2018
"On 15 February a delegation of the Scientific and Technological Research Council of Turkey (TUBITAK) led by its President, Professor Arif Ergin paid a visit to the National Academy of Sciences of Belarus on 15 February"...

Belarus’ MTZ, Russia’s Vologda Oblast agree on tractor localization roadmap
“The parties discussed the localization of the production of the Minsk Tractor Plant at the site of the Cherepovets Casting and Mechanical Plant as part of the joint Russian-Belarusian machine-building cluster in Vologda Oblast”...

Annual growth of Turkish investment in Belarus may reach 30%
He drew attention to the fact that Turkey has some well-developed industries, including automotive components, construction industry, everything connected with textile industry. “These are the sectors where Belarus needs new competences, resources, investment and innovations”...

Belarus' Domostroenie to sell 650 wooden houses to France in next 5 years
“Our houses are in demand in France. When delivered to the customer, they are almost ready to use. They boast good thermal properties, and their installation and construction works take up to three months. Our French customers commend the high quality of our products and their competitive price”...

Belarus plans to start exporting artificial heart valves in 2018
"We make artificial heart valves and we have supplied the Belarusian market with these products. Now we are working on export opportunities. This will require getting a certificate but the process is underway already"...

Belarus-Turkey business forum gathers more than 300 participants
“These are representatives of about 70 leading companies from Turkey, and more than 140 Belarusian enterprises. This proves that we have a very high potential,” the BelCCI head stressed...

Mogilev Oblast-France trade up 40% in 2017
France traditionally is a stable trading partner of Mogilev Oblast. The country’s share in Mogilev Oblast’s trade with non-CIS countries grew significantly lately and made up 1.3% in 2017...

Belarus’ agricultural exports to Turkey up almost 100 times in 2017
"Major export items were butter, whole milk powder, cheese and curd, and also eggs. We hope that this forum will help us expand the range of export, the volume of deliveries and establish new ties with business partners in Turkey"...

Belarus interested in joint assembly plants with Turkey
"Two large industrial companies, Gomselmash and Amkodor, have already started working on the establishment of assembly plants for combine harvesters, construction, utility, and special vehicles in Turkey"...

Turkey invited to consider setting up bank in Belarus with Turkish capital
The Belarusian PM also suggested discussing the possibility of forming a special institution aimed at Turkish investors in a Belarusian free economic zone or the Belarus-China Great Stone industrial park...

Belkommunmash delivers 40 trolleybuses to Togliatti
Many consumers in the CIS countries prefer the time-tested 321 Model. Over 400 trolleybuses of this model service the routes in Minsk. This is a single-section, maneuverable, low-floor trolleybus equipped with a mechanical ramp with manual control...

Japan shows interest in Belarus’ radiation rehabilitation technologies
During the meeting the parties considered the possibility of adopting the Belarusian technologies for the rehabilitation of the territories affected by the accident at Fukushima 1...

Mogilev to host Belarus-France business forum
The forum will feature presentations of Mogilev Oblast and Mogilev free economic zone, the familiarization with doing business conditions and the customs policy of Belarus, talks and the discussion of cooperation proposals...

Refinancing rate in Belarus down to 10.5%
Inflation in Belarus went down from 10.6% in 2016 to 4.6% in 2017. The major contribution to slowing down the consumer price growth was the core inflation that went down to 2.5% in 2017 (10% in 2016)...

Belarusian defense companies to take part in UMEX/MST expo in Abu Dhabi
In particular, the exhibition will feature systems to counter high-precision weapons along with unmanned aerial vehicles and radioelectronic equipment...

Belarus to increase supplies of passenger transport, lifts, food products to Russia’s Samara Oblast
Igor Petrishenko took note of the prospects to develop sci-tech and innovative cooperation, including joint implementation of sci-tech programs within the Union State...