Business news

Belarus, Venezuela outline cooperation priorities to expand mutual trade
Roman Brodov, First Deputy Chairman of the Board of the Development Bank of Belarus, and Vice President of the Bolivarian Republic of Venezuela Ricardo Menendez discussed ways of increasing trade between Belarus and Venezuela...

Belshina sells over 4.2 tires in 2024
In 2024 the share of innovative products at the enterprise stood at the level of 15.9%, and this indicator continues to demonstrate annual growth...

BelCCI to organize expositions in 25 countries in 2025
Belarusian companies will be invited to participate in eight international exhibitions in Africa, and also in exhibitions in the Persian Gulf region. Business delegations are also set pay visits to the states of Southeast Asia...

Why Lukashenko decided to promote digital economy, turn Belarus into IT country in 2017
Belarus was one of the first to take cryptocurrencies seriously. At the end of 2017, the Belarusian president signed a groundbreaking document - a decree to promote digital economy. This event was later dubbed a digital revolution...

Chinese manufacturer of e-car charging equipment debuts at Belarusian commodity exchange
Strengthening cooperation with Chinese technology companies is part of the effort to develop the industrial and consumer section of the BUCE exchange trade between Belarus and China. Cooperation started in mid-2024 and is gradually gaining momentum...

MP: Belarus-China cooperation is systemic, strategic, mutually beneficial
"As an example, we can cite an agreement related to the economic sector of our state. The adoption of the agreement will let Belarus increase the export of services by about 12.5%, while the investment flow, according to forecasts, will grow by 30%,” Aleksandr Malobitsky said...

Belavia to launch charter flights to Oman’s Salalah on 27 February
The city of Salalah is located on the Indian Ocean coast. It is famous for its clean beaches, ancient sights and coconut plantations. “Vacation here is perceived by many as an affordable alternative to the Maldives or the Seychelles,” the airline added...

Minister: Agreement with China will boost Belarus’ services exports
According to Yuri Chebotar, China is consistently among the top 5 partners of Belarus in terms of trade in services. In January-October 2024, this indicator increased by one third...

Belarus, Serbia expand exchange trade
According to the BUCE trading results, two new positions - herbicides and seeds – joined the Belarusian-Serbian exchange list...

Belarus’ foreign trade up by 5.2% in January-November 2024
In January-November 2024 the foreign trade in services went up by 10.1% to $14.6 billion...

Belarus reduces export duties on certain oil products
In line with the resolution the size of the export duty on liquefied petroleum gas is now $18.5 per tonne ($61.7 previously). The export duty on ethane, butane and isobutane was set at $16.6 per tonne ($55.5)...

FM: Belarus sells 64% of its output abroad
The systematic work with other partners, including the countries of the far arc - India, Vietnam, the United Arab Emirates and others - continues. China occupies a special place...

BKM Holding output up 10% in 2024
“The output rose by about 10% compared to last year. BKM Holding took part in more than 20 exhibition events in Uzbekistan, Mongolia and the Russian Federation, and also as delegations in forums in Ethiopia, Armenia and Pakistan,” the press service said...

Belarus’ gold, forex reserves at $8.923bn on 1 January 2025
The country’s gold and foreign currency reserves went up by $127.7 million (or 1.45%) in December 2024 after falling by $139 million (1.6%) in November 2024...

Lukashenko: Money earned in Belarus should work for the country
According to the president, the issue of withdrawal of funds outside the country will be addressed in the near future. This topic has already been discussed at the level of the head of state, and, as the responsible officials reported, there were no particular problems...

PM: Belarus expects $9 billion in food exports in 2024
"Container shipping by the Belarusian Railways is gaining momentum. Belarus delivers foodstuffs to more than 20 countries by railway," Roman Golovchenko said...

Lukashenko orders to speed up metro construction
Construction of the new 4.08km-long section of the third line of Minsk metro from Aerodromnaya station to Slutsky Gostinets station was launched in August 2017...

Lukashenko: Belarusian government is working on fair pricing formula
According to the head of state, he plans to hold a meeting with the government in early January to discuss this matter...

Lukashenko announces plans to build elevated metro
The president shared the additional plans in this regard. This is related to the development of Minsk satellite cities and transportation links between them and the capital...

Belarusian PM: Economic growth target for 2025 is challenging
Belarusian Prime Minister Roman Golovchenko said on the air of Belarus 1TV channel on 29 December. He also commented on the revision of a number of forecasts of the Belarusian economy...