Business news

Belarus urges to speed up EAEU single economic policy development
"It is crucially important to speed up the development of the single industrial, agricultural, transport, energy and other policies in order to remove existing barriers and restrictions and achieve truly equal conditions for economic agents in the field of trade, government procurement, subsidies, and so on"...

Belarus, Iran sign agreements to manufacture electric buses, cars
“In the course of the session we signed the agreements in such areas as the production of cars, farming and mining machinery, electric buses and project financing”...

EBRD to increase project financing in Belarus in 2018
The European Bank for Reconstruction and Development is the biggest institutional investor in the Belarusian economy...

EBRD plans first projects in Belarusian national currency in 2018
Alexander Pivovarsky said that the EBRD is determined to promote projects with financing in the Belarusian national currency. According to him, the interest in the Belarusian ruble is maintained, among other things, by its recent stability...

Representatives of Swedish private sector to visit Belarus in April
BelCCI Chairman Vladimir Ulakhovich met with the OSCE Parliamentary Assembly’s Special Representative for Eastern Europe Kent Harstedt on 23 January...

Chinese CDTE interested in Minsk Oblast power grid projects
The possibility of CDTE taking part in the implementation of Minskenergo’s investment projects was discussed during the meeting. Possible financing options were mentioned as well...

OSCE PA representative, Hi-Tech Park discuss digital economy prospects in Belarus
The OSCE Parliamentary Assembly special representative has heard a lot about projects of Belarusian software companies. Kent Harstedt stressed that tax incentives in the Hi-Tech Park and new legal conditions borrowed from the international practice represented a good message for investors...

Belarus, Russia to put a stop to substandard products together
Participants of the conference discussed the advancement of Belarus-Russia cooperation in standardization, including joint approaches to interstate standardization for the purpose of technical regulation in the Eurasian Economic Union among other things...

Belarus, Sudan explore ways to intensify cooperation in energy, geological exploration
The meeting is set to discuss the possible ways of enhancing cooperation in industry, agriculture, and construction...

Belarus’ Academy of Sciences to announce top 100 accomplishments of 2017
“We traditionally name the top 10 most important scientific accomplishments when summing up the results of the year. We announced the top 10 achievements of 2017 the other day. Now we are working on the top 100 list of 2017 accomplishments in different economic sectors”...

Tentative plans for Belarusian-Chinese car factory BelGee to make electric cars
“Certainly, the production of cars by BelGee is one of the most important ones. Matters relating to localization and sales are being addressed now. I can say that we are already working on electric transport manufacturing, electric car production, including by BelGee. The National Academy of Sciences of Belarus is working on it and work is in progress with Chinese companies, too”...

Twenty innovative enterprises set up in Belarus in 2017 as part of innovative development program
For instance, a high-tech cluster in the area of complicated medical equipment, security systems, non-destructive testing equipment, and analytical instrumentation has been set up...

Belarus reports record-high milk per cow production in 2017
Belarus’ agricultural organizations plan to reach the annual milk production of more than 9 million tonnes by 2020...

Belarus’ inflation projected at 2-3% in 2020-2021
“The inflation should stand at no higher than 2-3%, which is the global trend,” Vladimir Zinovsky said. Such an inflation rate will make the refinancing rate and interests on loans even lower...

Geographic feature status granted to streets in China-Belarus industrial park Great Stone
The park administration will be able to name and rename them upon suggestions of the Belarusian-Chinese commission in charge of developing the park...

Cryptocurrency mining outside legal environment in Belarus till 28 March
In line with the Digital Economy Development Ordinance corporations will be able to mine cryptocurrencies only after they become a resident in the Hi-Tech Park...

Belagro 2018 expo scheduled for 5-9 June
The annual agricultural forum Belagro is meant to bring together the international practices in mechanical engineering in agribusiness and search for effective innovative solutions in the fields of environment-friendly materials and non-waste technology...

Belarus in talks on cooperation with foreign agrarians during International Green Week in Berlin
The Belarusian delegation took part in the opening ceremony and held a number of bilateral meetings...

International recognition of environmental standards in China-Belarus industrial park
“It is the first time an EMAS certificate has been granted in Belarus as a testimony to our exemplary environmental standards. This certification is considered the world’s state-of-the-art management system in compliance with sustainable development principles”...

Belarusian Entrepreneurship Week scheduled for 22 February – 3 March
Scheduled for 28 February, the 19th assembly of business circles is expected to become the most anticipated event of the third Belarusian Entrepreneurship Week. It is the largest Belarusian business forum involving top officials and specialists of ministries and government agencies, diplomats, representatives of the private sector, banks, regional business associations and industry-specific associations...