Business news

Belarus-India joint assembly plant for tractor units under consideration
"There is a discussion underway over the establishment of an assembly plant for tractor units together with MAZ. India is also exploring our electric bus"...

Black Sea Economic Cooperation to hold business forum in Minsk in 2018
Mikhail Myasnikovich emphasized that Belarus is interested in hosting a business forum for BSEC member states in Minsk in 2018...

Belarus’ exhibition in Top 15 at EXPO 2017 in Astana
The Belarusian exhibition at EXPO 2017 was commended by the World Expo Museum based in the Chinese city of Shanghai...

FAO commends high quality of Belarus’ dairy and meat products
"When I was in Belarus in June I made sure that dairy and meat products and cheese are of supreme quality. This creates a good basis for export development"...

Belarus, FAO sign Country Program Framework 2017-2020
"The FAO undertakes obligations to improve Belarus’ capacities in the field of food safety. It is directly connected with the export development in the country"...

Belarus-China car factory BelGee starts mass production
The minister did not rule out the possibility that the new cars can hit the market in November 2017...

Minsk hosting Belarusian-Pomeranian economic forum
The program of the plenary session will include a presentation of the economic, investment, industrial, transport and logistics, sport, and tourism potential of Minsk Oblast...

Belarus, Moldova agree to expand cooperation
The event organized by the Chamber of Industry and Commerce of Moldova was aimed at intensifying the Belarusian-Moldavian economic ties, seeking opportunities for mutual advancement of goods and services, identifying joint business doing sources...

No plans to change EBRD’s current strategy on Belarus
That strategy was prompted by certain improvements in the country’s political climate as well as the macroeconomic situation and the commercialization of the economy...

Plans to commission MAZ Asia joint venture in Vietnam in late 2017
Due to the high customs duties on the Vietnamese market and the ASEAN market it is more profitable to make automobiles in their territory. Certain localization has to be secured...

EBRD to present Belarusian highway reconstruction project in London
"We are going to present it before potential investors in London on 24 October. We are looking forward to seeing them in our headquarters and telling them about the investment opportunities in Belarus’ road infrastructure,” the EBRD president said...

EBRD set to invest about €200m in Belarusian economy in 2017
The EBRD president recalled that the EBRD and Belarus have been cooperating for about 25 years. During this time, the Bank has invested about €2 billion in the country's economy...

Bellesbumprom hopes to regain its positions on EU market
Belarusian wood processing companies plan to take part in the international expo Timber Expo which will take place in Birmingham on 10-12 October. This is the largest specialized forum in the UK...

Belarusian senator calls upon CORLEAP to support Helsinki 2 initiative
The participants of the meeting shared the best practices to develop local self-governance in the European Union and the Eastern Partnership, enhance the sustainability of the local authorities to external challenges...

MAZ joint venture opens in Egypt
The Egyptian representative welcomed the successful conclusion of the project to set up the joint venture to produce MAZ vehicles...

Belarus seeks more World Bank funds for forestry sector
This week a group of the World Bank specialists is in Belarus visiting a number of companies. They praised our efforts with the loan and are ready to consider our proposals...

EBRD to support local currency lending in Belarus
During a visit by EBRD President Suma Chakrabarti to Belarus, the Bank and the authorities signed two Memorandums of Understanding (MoU) to this effect in Minsk on 13 September...

MAZ-Weichai factory to start batch producing engines by next year’s end
“We are going to open the factory on 8 November 2018. The first engine will be made the same month. Batch production will begin by the end of 2018”...

Tentative plans for assembling Belarusian buses in Almaty
MAZ vehicles are already assembled in Kazakhstan. The assembly of MAZ trucks with the carrying capacity of 20 tonnes began in Almaty this summer...

Opinion: A lower refinancing rate is completely justifiable right now
The inflation has been slowing down at a record pace for our country. Belarus had a two-month deflation, in July and August, which happened for the first time ever in the history of the independent Belarus...