Business news

Belarus, China to co-produce clothes, fireworks
The Belarusian delegation held two business forums in Nanjing, Jiangsu Province and Changsha, Hunan Province in order to boost interregional trade and economic cooperation and present the Belarus-China industrial park Great Stone...

Minsk university to host forum on global energy
Close attention will be given to the energy safety of the Belarusian nuclear power plant as well as the development and production of new-generation electric cars...

EBRD to finance pilot project of house winterization in Minsk
The project will help reduce energy consumption. It will be implemented with the financial help of the bank: loans and grants. We will need about a year to launch the project...

Belarusian university to implement Union State project on green energy, chemistry
The special galvanic cells of new designs will be developed for green energy industry. "These are fundamentally new devices which can hardly be found in the CIS countries. The work on them is underway in the USA and Japan...

EBRD loan for reconstructing wastewater treatment facilities in Minsk
Today there are over 1,300 wastewater treatment facilities operating in Belarus, which purify over 1.3 million cubic meters of water a day...

Railways of Belarus, Estonia to increase bilateral cargo transportation
"A decision has been taken to continue the work on preserving and further increasing the volume of cargo transportation between Belarus and Estonia, including the container train ZUBR"...

Belarus to study Swedish experience of real estate taxation
Modern R&D and IT solutions, the details of Swedish legislation in legal regulation of taxation and cadastral evaluation of real estate property will also be presented.

OCEEA to help promote trade in Belarus
Trade liberalization means both challenges and opportunities for Belarus that has a strong export potential, especially in agriculture, food industry and mechanical engineering...

Belarusian Belshina rolls out gigantic tire
The project’s implementation will allow increasing the product range and the output volume of such tires for BelAZ trucks (with the carrying capacity of up to 450 tonnes) and foreign mining vehicles. Only a handful of companies in the entire world make such tires...

Plans to assemble Gomselmash vehicles at Kherson Machine-Building Plant
The first batches of Belarusian combine harvesters will be delivered by the year-end. The two industrial enterprises contemplate setting up a joint assembly facility for Palesse vehicles at Kherson Machine-Building Plant in the future...

Minsk to host BelTexIndustry 2017 expo on 3-6 October
"BelTexIndustry 2017 declares itself as the main fashion platform. Representatives of the clothing industry will demonstrate their new collections on the runway located in the center of the exhibition hall"...

Belarus ready to carry out mining projects in Laos
“I believe we can improve our relations and bring them to a higher level. We are ready to carry out important scientific and technical projects in Laos, including those in mining,” the president noted...

Belarus interested in promoting construction, agricultural vehicles in Chile
“Chile is an important country in the Latin American region for us. We hope to expand trade and economic ties in the near future. Belarus is infested in promoting construction and agricultural vehicles on the Chilean market”...

Belarus president: Djibouti can be the gate to Eastern Africa for Belarusian enterprises
“I appreciate the resolution of the Djibouti government to appoint an ambassador to Belarus. I hope that thanks to the joint efforts of diplomats and representatives of business circles your country will become closer to us, I also hope that together we will be able to open the gate to Eastern Africa in Djibouti”...

Huawei may help create intelligent transportation system in Belarus
The matter was discussed as Belarusian Deputy Prime Minister Anatoly Kalinin met with Director General of Bel Huawei Technologies Pan Yong...

Number of self-employed businessmen in Belarus expected to increase
"Efficient incentives are already available. For instance, the Belarusian fund for the financial support of entrepreneurs now offers loans with the interest rate of 7% per annum. It is the lowest interest rate on the market"...

Belarus raises export duties on oil, petroleum products
The export duty on crude oil was increased from $84.1 to $87.9 per tonne. The export duty on straight-run gasoline was raised from $46.2 to $48.3 per tonne, with the export duty on commercial gasoline up from $25.2 to $26.3 per tonne...

Belarus liberalizes foreign exchange surrender regulations for exporters
The National Bank has adopted this decision as part of the policy to liberalize currency relations, and in the light of the stable situation in the foreign exchange market which has been characterized by the consistent excess of foreign exchange supply over demand for it...

Plans for joint production of Bobruiskagromash equipment in Egypt
During a visit to Egypt on 26-29 September, specialists of OAO Gomselmash and OAO Bobruiskagromash took part in the 30th international agricultural exhibition Sahara Expo 2017...

Innovation center for commercialization to open in Great Stone park in 2018
A special hub will be set up in the park to develop startups and ventures companies. First-time entrepreneurs will be provided with premises at low rent rates...