Business news

Belarus, Moldova sign $20m in deals at Chisinau business forum
In his words, Belarus and Moldova have good opportunities to further expand cooperation, develop the existing joint ventures assembling trolleybuses and tractors, and also set up new ones...

World Bank revises Belarusian economy growth forecast upwards in medium term
Thus, Belarus’ GDP growth is expected to hit 2.9% in 2018, 2.7% in 2019, and 2.5% in 2020, up from 2.1%, 2.4%, and 2.4% respectively...

Belarus plans to launch poultry exports to China in mid 2018
A Chinese delegation led by the deputy minister of the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China is on a visit to Belarus from 18 to 21 April. After the visit, Belarus expects to start poultry exports to China...

Belarus’ pharmaceutical capacities on display in Japan
"Today the Belarusian Healthcare Ministry has opened its stand at the international pharmaceutical exhibition CPhI Japan 2018"...

Belarus’ agricultural output up by 1.9% in Q1 2018
The agricultural enterprises manufactured r2.493 billion worth of products, up 2.4% versus Q1 2017...

Freight transportation by Belarusian companies 9.7% up in Q1 2018
Freight turnover totaled 33.7 billion tonne-kilometers, 6.9% up from the same period of last year.

Belarus’ industrial output up by 9.4% in January-March 2018
In March 2018 the industrial output index totaled 107.6% as against March 2017, 108.2% as against February 2018...

Belarus’ GDP 5.1% up in Q1 2018
In current prices Belarus' GDP stood at Br26 billion or 105.1% in comparable prices as against January-March 2017...

Moldova hopes for Minsk-Chisinau air service launch in near future
"Belarus is in the top ten trading partners of Moldova. We have many joint ventures. We already assemble Belarusian tractors, trolleybuses here"...

French ambassador: Belarus-France cooperation in dairy industry holds great promise
Some French companies have been successfully operating in Belarus, he added. “Several French companies have been setting in motion projects in Belarus for a long time. They are very effective,” Didier Canesse remarked...

Belarusian satellite BKA to feed data to PanGeo alliance as from mid-2018
"At present the BKA satellite can provide information once every four to five days while we need it daily. Over 20 satellites for various purposes work as part of the alliance and this information can be acquired in a timely manner"...

Belarus’ farm exports up by 7.4% in January-February
"For the two months we exported twice as much products to the CIS countries (excluding Russia). Belarus’ exports to Asia and Oceania rose 1.5 times"...

IMF improves Belarus’ GDP growth forecast
Belarus's economy will expand by 2.8% in 2018 and by 2.4 in 2019, the International Monetary Fund (IMF) said in the April edition of its World Economic Outlook report...

Fitch affirms Eximgarant of Belarus at 'B'
The Belarusian state has established strong support for Eximgarant through its legal framework to develop a well-functioning export insurance system...

Ten Great Stone residents to complete construction projects in 2018
“According to our information, all the residents of the park are mulling over construction projects. I think that this year at least ten residents will implement their construction projects and 25 more will launch their projects”...

S&P upgrades Belagroprombank to ‘B’
“The international credit rating agency Standard & Poor’s upgraded its long-term issuer credit rating on Belagroprombank to “B” and affirmed the 'B' short-term issuer credit rating. S&P’s outlook on the bank is stable”...

Belarusian MAZ to double vehicle sales in Russia’s Yaroslavl Oblast
In 2018 MAZ’s sales in Yaroslavl Oblast are expected to double. The company intends to ship about 100 trucks in addition to other products...

Transit of goods via Belarus up 12% in Q1
“The figures show Belarus’ improving attractiveness for transit, its comfortable doing business conditions. This contributes to the country’s budget revenues”...

Belarusian steel mill BMZ to sell $40m worth of products to Ukraine in 2018
“The Ukrainian market has become more active, the economy has been growing. These are our neighbors with a comfortable geographical position. This is why this market is among the most promising ones for us”...

Belarus, Russia discuss regulation of digital financial assets
“The sides evaluated the work of Belarus’ and Russia’s banking systems, the bilateral balance of payments and the Union State balance of payments in 2017, international reserves and foreign currency liquidity. They put a focus on the development of distributed ledger technologies and regulation of digital financial assets (digital tokens) in Belarus and Russia”...