Business news

China earmarks 40m yuan for Usha River restoration project
"This project is very important for the Belarus-China industrial park Great Stone. It involves China’s technical assistance"...

Belarusian business invited to take part in Ecuador’s investment projects
Ecuador’s Ambassador to Belarus Carlos Larrea Davila and Deputy Chairman of the Belarusian Chamber of Commerce and Industry Sergei Nabeshko presented a catalogue of priority investment projects implemented in Ecuador...

Big Austrian company may build wood processing plant in Grodno Oblast
The FEZ Grodnoinvest administration signed a protocol of intent with Austria’s SPB Industrieinvest GmbH. The agreement is designed to boost the investment activity in the free economic zone...

Belarus to help improve coal mining, coal transportation on Russia’s Sakhalin
"Proposals to improve coal mining and transportation methods, which are being prepared in Belarus, can greatly improve the infrastructure of the island’s coal company and give a powerful impulse to the development of the coal mining industry in the region as a whole"...

Geographic feature status for components of China-Belarus industrial park Great Stone
In particular, parts of the road network, streets, squares, parks and other components of the China-Belarus industrial park Great Stone will be treated as geographic features...

Alternative to Gazprom in natural gas deliveries to Belarus possible as from 2025
"The program provides for buying gas on different platforms or through various purchase options like exchange trade or long-term contracts with natural gas producers"...

Amendments to law on international treaties pass first reading in Belarusian Parliament
One of the main innovations is to simplify the procedures for granting authority to commit legal action on draft international treaties. When organizing visits abroad at different levels, there come the situations requiring prompt replacement of an official authorized to sign the documents...

Plans to step down punitive actions for violating business regulations in Belarus
"The bill is supposed to liberalize the administrative responsibility for offenses in the course of doing business in addition to making the punishment commensurate with the nature of the wrongdoing and the degree of harm"...

Lukashenko approves loan agreement between Belarus, EBRD
The agreement was signed in Minsk on 14 September 2017. It will support the capitalization of OAO Belarusian Bank for Reconstruction and Development Belinvestbank through the subordinated debt facility...

BelAZ to ship 50 haulers to Ukraine’s Metinvest Group
The steel and mechanical engineering giants are mulling over the implementation of a joint program to increase the productivity of BelAZ equipment through the development of its service facilities in Krivoi Rog...

Brest Oblast Hospital, University Hospital of Strasbourg to sign agreement on cooperation
"With the signing of the contract, it will be easier for us to work together. We will be able to send more doctors on training courses, hold consultations for our patients and organize master classes. Our cooperation will enter a new level"...

Belarus suggests mechanical engineering, agricultural projects to Angola
A Belarusian delegation led by Industry Minister Vitaly Vovk is in Angola on 19-23 November. The negotiations are focused on invigorating the entire spectrum of bilateral relations, primarily trade and economic ones...

Belarusian MTZ unveils new compact tractor at German expo
The new tractor is based on the Belarus-622 model made by Bobruisk Plant of Tractor Parts and Units (BZTDiA), a division of the Belarusian industrial group MTZ...

Director of Belarus’ Hi-Tech Park meets with Chinese IT billionaire
The Asian investors also expressed readiness to finance promising Belarusian projects in the sphere of artificial intelligence, Big Data, and machine vision...

Algeria interested in Belarusian oil adsorbents
"Every country and region is interested in scientific solutions in certain fields, say, agriculture or information technologies. Belarusian developers can offer their achievements in all sorts of fields"...

Belinterexpo plans over 30 exhibitions abroad in 2018
"There are plans for two national expositions in China and Vietnam," the director of Belinterexpo said...

Eurasian Economic Union procedures to help alleviate Belarus-Russia food trade issues
"The Eurasian Economic Union offers such a mechanism. It has a system in place in case one side complains about another. These procedures should be followed"...

Belarusian students trained at Russian nuclear power plant
The students will work at the Belarusian nuclear power plant in the future. They were made familiar with the nuclear power plant in operation and were given some hands-on experience...

Call for more effort to drop roaming charges between Belarus, Russia
"The European Union has managed to drop roaming charges for domestic calls. It has not been fully implemented but the experience is rather interesting"...

Total area of Belarusian expositions abroad increases by 25% in 2017
In 2017, Belinterexpo held 20 exhibition events abroad. "The biggest event was Belarus’ national exposition at the 4th Forum of Regions of Belarus and Russia in Moscow"...