Business news

Belarusian MTZ considering selling compact vehicles to Guinea-Bissau
The possibility was mentioned by OAO MTZ Director General Sergei Avramenko as Guinea-Bissau President Umaro Sissoco Embalo visited the Belarusian company...

Belarus, China to expand cooperation in strategic projects
The parties discussed the progress in the ongoing projects implemented in Belarus with the use of credit resources and technical and economic assistance from the PRC and identified new areas of cooperation for the near future...

Lukashenko comments on potato supply situation in retail in Belarus
The president noted that people want to buy domestic products at low prices, while farmers are interested in selling their goods at higher prices. "So that they can make money, buy fertilizers, and plant crops faster," he said...

Belarus, China discuss business prospects
Special emphasis was placed on projects that can create new jobs and attract investment in the regions of Belarus. Chinese companies presented cases of their technologies, expressing their readiness to adapt them to the needs of the Belarusian market...

Belarusian commodity exchange seeks to enhance cooperation with Oman
Another promising avenue for cooperation involves utilizing Oman as a trade and logistics hub for re-exporting Belarusian goods to Middle Eastern and African markets...

Italy hosts Investment Days of Belarus
Presentations on investment opportunities in Belarus are being shown for Italian companies interested in expanding their business in the country...

Belarus' gold and forex reserves at $10.9bn as of 1 May
Over April 2025, gold and foreign exchange reserves increased by $872.8 million (or 8.7%) after a previous increase of $662.3 million (or 7.04%) in March 2025...

Sudan seeks closer ties with Belarus in animal husbandry
Belarus is open to cooperation in supplying cattle and poultry feed, gluten for baking, veterinary medicines, and vaccines...

Turchin outlines prospects for developing Belarus-Azerbaijan economic partnership
The prime minister also pointed out the significant potential of the Ganja Automobile Plant as a base for assembling Belarusian fire trucks, utility vehicles and tractors...

Contracts worth almost $19m concluded at Belarus-Azerbaijan business forum in Baku
According to Mikhail Myatlikov, a total of 12 documents were concluded, three of them online...

Prospects for cooperation between Belarus, Azerbaijan outlined
There is a significant potential for ramping up mutual supplies of agricultural products, the Azerbaijani head of government believes...

Belarusian commodity exchange concludes first deal to supply milk powder to Syria
The seller was one of the major dairy enterprises of Vitebsk Oblast, and the buyer was an importer and distributor of food products from the Syrian province of Idlib that got accredited at the BUCE platform in late April...

PM: Belarus, Azerbaijan enjoy time-tested strategic partnership
It is also important to develop industrial cooperation, the prime minister pointed out, including in the areas of firefighting, special-purpose and utility vehicles and suggested expanding the supplies of this equipment...

Expert comments on major areas of Belarus-Oman cooperation
As for prospects of Belarus-Oman trade and investment cooperation, in addition to the already noted need for food in Oman, the economist referred to the country's national development program Vision 2040, which aims to boost non-oil sectors such as mining, logistics, tourism, and transport, transforming Oman into a knowledge-based economy...

Expert names key priorities of Belarus-Pakistan cooperation
Future plans for Belarus-Pakistan cooperation include establishing two assembly plants for tractors: one producing models up to 60 horsepower and another for tractors exceeding 100 horsepower, which are in high demand in Pakistan. Until now, the country primarily received lower-powered tractors, capped at 100 horsepower...

Belarusian PM urges to search for new areas of cooperation with Russia’s Astrakhan region
The trade between Belarus and Astrakhan Oblast over the last five years reached a record high of $62 million in 2022. In 2024, the trade amounted to almost $47 million, up by 13% over 2023...

BUCE to help Turkmenistan companies to enter Belarusian market
According to Yaroslav Kovalchuk, BUCE is interested in developing cooperation with Turkmenistan’s business both in terms of increasing the volume of transactions and expanding the range of goods involved in mutual trade...

Russia’s Astrakhan Oblast ready to ramp up Belarusian cargo transshipment through its ports
Igor Babushkin said that on the instructions of the Russian president, conditions have been created for full loading of all vessels traveling through the Volga-Caspian Canal. Passing depths of 4.5 meters have been created, which allowed increasing cargo transit through the ports of Astrakhan to 6 million tonnes last year...

Number of transactions at BUCE up 28.6% in Q1 2025
The most popular Belarusian goods abroad were timber, milk powder, meat, butter, and feed additives...

Belarus reduces export duties on certain oil products
In line with the resolution the size of the export duty on hydrocarbon gases is now $0.9 per tonne ($8.8 previously). The export duty on ethane, butane and isobutane was set at $0.8 per tonne ($7.9)...