Business news

Belarus’ export of tourism services up by 22.2% in H1 2017
The short-term priorities include the implementation of the government program Hospitable Belarus and the action plan for engaging and working with foreign tourists ahead and during the Second European Games 2019 in Minsk...

World Bank to launch advisory program for small business in 2018
"Small and medium-sized companies are a so-called economic driving force. Small and medium-sized businesses can develop innovations and increase labor productivity"...

New Belarus-WB partnership strategy to be adopted in March 2018
"As for the World Bank, investment will go in such areas as higher and secondary education, water supply, sanitation and central heating systems. Our main goal is to improve people’s living standards"...

Belarus, World Bank to launch new education project in 2019
"The World Bank could help the country in the fulfillment of its commitments within the Bologna Process. This will help modernize the system of the university education so that it corresponds to the present international standards"...

Belarus’ best forestry practices to be presented in Poland
On October 9 Belarus’ Forestry Minister Mikhail Amelyanovich will attend the international meeting “Las2017. Forests, Our Common Good: Enhancing Sustainable Development in Light of the Paris Agreement” which will take place in Warsaw...

Belarus interested in increasing oil production in Venezuela to 2-3m tonnes per year
"At the same time, we are interested in developing new oil deposits ourselves. On the other hand, we are ready to provide oil possible help to Venezuela"...

Belarus to build new factories in Venezuela, increase output of existing ones
So far Belarus has built four factories in Venezuela. They make ceramic blocks, tractors, utility vehicles, and road construction machines...

Minsk to host international electric transport expo ETRANS in 2018
The expo will offer a venue for discussing initiatives for developing and investing in new-generation transport solutions, for sharing the best practices and technologies, for signing business contacts...

Belarus' agricultural equipment to go on display in Paris
In particular, the sides discussed the approaches towards holding Belarus-France business forums and also the presentation of Belarusian agricultural equipment by French and African companies which will take place in Paris on 10 October...

More public welfare homes in Belarus thanks to China’s technical aid
The project is supposed to improve living conditions for Belarusians in need of better housing, including low-income families. The public welfare homes will be owned by municipal government agencies...

Contracts on Belarusian food supplies in 2018 to be signed at Minsk Days in Moscow
The forum will include a number of sections: Infrastructure off Big Cities, Smart Cities and Technology, Minsk Tourism: Healthcare, Rehabilitation and Culturology...

Belarus’ gold, forex reserves exceed $7.2bn
Belarus’ gold and foreign exchange reserves were bolstered thanks to the budget revenues, including thanks to the state financial loan from the government of the Russian Federation...

Center of Nuclear and Radiation Safety set up in Belarus
The center will coordinate the work of scientific and technical experts concerning the evaluation of safety of nuclear installations and ionizing radiation sources. It will also inspect the safety of nuclear energy facilities...

Plans for another five Belarusian-design agrotowns in Venezuela
"The construction of dairy farms, poultry farms, a slaughterhouse, a meat-processing plant, milk-processing enterprises, and other facilities is ahead of us"...

Minsk to host Belarus-Russia meeting of archivists on 10-12 October
The program will include a joint board meeting of the Department on Archives and Records Management of the Justice Ministry of Belarus and the Federal Archival Agency of Russia...

Belarus’ nuclear power plant to reduce electricity rates
The Energy Ministry defines new approaches to promote greater use of electricity. "This is not only electric transport, of course. We are considerig all ways to maximize the electric energy use"...

Lukashenko displeased with implementation of Belarusian-Venezuelan projects
"Due to the complicated situation in the world the pace of implementation of joint projects has slowed down in the last few years. We are not satisfied with it. Neither Belarusians nor Venezuelans are satisfied with it. The situation needs to be fixed”...

Agreements on new Belarus-Venezuela housing construction projects
"A lot of projects have been implemented in Venezuela. Among them in the construction of plants to assemble tractors, MAZ trucks, road construction equipment, produce brick. The main cooperation program is housing construction in Venezuela"...

Call for more investment to develop Belarusian-Venezuelan oil, gas venture
"It extracts oil and has been working for ten years. It already has mature specialists. If the financial, economic, and technological life of the company is properly tuned, it will have a good future"...

Belarus to keep developing renewable energy after nuclear power plant goes online
"They do not produce much electricity now, but after the launch of the nuclear power plant by 2020, the electric power capacity will significantly increase"...