Business news

Belarusian banks may be allowed to sign smart contracts
A smart contract is a computer code running on blockchain, which is used for automating contractual obligations or other legally valid actions...

Belarus’ central bank set to keep inflation under 6% in 2018
“There are some key avenues of the monetary policy. We have set a whole range of necessary targets with regards to money supply, interest rates, and macroeconomic indicators. We have been working within this framework”...

Belarus plans to keep dairy exports to Russia at 2017 level
Russia’s proposal to develop a mechanism to regulate and control the common dairy market will be considered by Belarus in detail...

Call for bigger contribution of SMEs into export promotion in Belarus
"This is particularly true for services sectors. Tourism, healthcare, sport are those sectors where we are actually marking time, although there are many opportunities for export growt"...

Call for new business climate atmosphere in Belarus
“It is necessary to form the atmosphere of a new business climate based on businesslike relations and mutual trust. The more complicated the external situation is, the smoother the interaction of all elements and entities in the economic life of the country should be”...

Call for proposals on effective operation of Belarusian financial market
“If we involve all its segments — insurance market, securities market, investment funds, microfinance and leasing organizations — in the economy, the financial market will become a real and full-bloodied source of investment money”...

Lukashenko demands progress in business sector
“We have been developing the IT industry. We have provided unique conditions in the Chinese-Belarusian park and placed the focus on small and medium-sized business”...

Belarus’ Development Bank borrows €50m as syndicated loan
"It was a very interesting experience for us. The deal was implemented in a new legal framework. The Russian Federation law on syndicated loans came into force on 1 February 2018"...

Belarusian health resorts growing more popular with EU tourists
“The proportion is changing. This year the visa-free zone will include seven health resorts in Brest Oblast and Grodno Oblast. We see the demand on the part of visitors from Western Europe,” stated Gennady Bolbatovsky...

Belarusian free economic zones Brest, Gomel promise better terms to Italian companies
The plans are stipulated by the memorandum of cooperation between the free economic zones and the association of Italian businessmen in Belarus (Confindustria Belarus)...

New company to promote Belarus-made products in Chinese market
“The company will be promoting Belarusian products in China. A special focus will be put on e-trade which is popular in China,” Aleksei Bogdanov remarked...

MAZ to deliver 40 buses to Ukraine’s Zhytomyr
The local administration leased the Belarusian buses to develop the municipal transport infrastructure...

About 190 companies to take part in Italy-Belarus forum on green economy
Confindustria Belarus (the Association of Italian Entrepreneurs in Belarus) and the free economic zones of Gomel and Brest are expected to sign a protocol on cooperation during the forum...

Google, Belarus’ Hi-Tech Park agree to jointly advance HTP resident companies
Google acquired the Belarusian IT company, a resident of the Hi-Tech Park, AIMatter, in August 2017...

Korean company eager to partake in Belarusian motorway reconstruction tender
If the project to reconstruct the M10 motorway is a success, the Korean investors are ready to consider taking part in other transport projects, too...

Belarusian vehicles, products on display in Chisinau
The exhibition features Belarus’ top 30 companies and hundreds of popular Belarusian brands in such spheres as mechanical engineering, petrochemical industry, science and technologies, healthcare and pharmaceutics, agriculture, and food...

Moldova keen to build integrated pharmaceutical company in Belarus
In his words, Moldova has an interest in importing Belarus-made high-quality medicines. The price for the Belarusian products is also attractive...

Retail trade up by 9.7% in Belarus in Q1 2018
Retail trade in Belarus in Q1 2018 reached Br9.8 billion, up by 9.7% in comparable prices versus Q1 2017...

Plans to sell Belarus-Moldova trolleybuses into EU
“This product is made in Moldova and has Belarusian roots. We can export it to the EU without customs duties,” Pavel Filip said...

Belarus-designed dairy farm to be built near Moldova’s Chisinau
“We have agreed to set up such a facility at the level of governments and agriculture ministries. It will be located in the village of Maksimovka not far from Chisinau”...