Business news

Belarus, Venezuela discuss new contracts to supply Belarus’ knockdown kits
“The sides exchanged views on the development of industrial cooperation. In particular, they talked about the terms of new contracts to supply Belarusian knockdown kits to Venezuela”...

Good prospects for Belarusian grain export this year
According to the source, taking into account carryover assets Belarus can have about one million tonnes of grain and cereals to spare for export...

Freight transportation by rail between Belarus, Russia’s Kaliningrad Oblast 13.4% up in January-July
Belarusian Railways representatives noted that the transit transportation of oil and oil products, coal, and ferrous metals represents the bulk of the freight transported to and from Kaliningrad Oblast...

Belarus’ national exposition featured at EEF 2017 in Russia
"The collective stand of Belarus has brought together the country’s leading education and science organizations, major food producers, auto makers and agricultural machines manufacturers"...

Belarus, Russia encouraged to strengthen all kinds of value chains
“We should strengthen all kinds of value chains as much as possible. I have been to all of your machinery plants. You have preserved this network of companies. You are coping with many tasks well despite all the difficulties”...

Belarus’ Development Bank to issue export loans to foreign companies
Loan will be provided when high-tech investment products made by Belarusian organizations are exported provided that these products are included in the list of goods approved by Council of Ministers’ resolution No. 279 of 6 April 2016...

Japanese delegation commends Belarus’ achievements in post-Chernobyl recovery
Belarus had achieved notable success in mitigating the consequences of the Chernobyl disaster thanks to the reasonable and well-balanced national policy and to large-scale state programs...

Belarus reviews prospects of cooperation with Turkcell
Turkcell is a major player in the Turkish mobile market and the third largest GSM operator in Europe...

China’s Gansu Province, Belarus’ Grodno Oblast agree on exhibition centers
China also shows interest in developing cooperation with Belarus in agriculture, tourism and education, construction of infrastructure facilities, and also in increasing mutual export supplies...

Belarusian flax now sold to South Korea
The company has penetrated the Korean market thanks to persistent efforts. So far two major batches and one small batch of fabrics have been shipped. Negotiations on consequent shipments are underway...

Belarus keen to see more stores selling Belarusian goods in Georgia
Mikhail Rusy noted that Minsk would like to see stores selling Georgian goods in Belarus. “We will create the conditions so that these stores sell as many Georgian goods as the country produces,” he said...

South Korea to help Belarus develop paperless trade, electronic archives
The main objective of the center is the provision of help to Belarus in the development of the information society taking into account the experience of South Korea in the application of cutting-edge technologies...

Georgia to assemble Belarusian elevators
"The Georgian Elevator consortium was established with the participation of the Belarusian elevator manufacturer Mogilevliftmash in Tbilisi in August 2017. The enterprise is meant to assemble Belarusian elevators at the Georgia Institute of Technology"...

Belarus suggests joint ventures to make agricultural machines to China’s Gansu Province
Gansu Province has already established tight ties with Grodno Oblast. A Chinese corporation is busy reconstructing a hotel in the oblast capital. A Chinese folk medicine center was opened in Grodno last weekend...

Belarusian R&D to go on display in Saudi Arabia
With an area of 300m² the exhibition will feature about 200 recent developments from about 30 organizations of the National Academy of Sciences of Belarus, the Education Ministry, the Industry Ministry and other agencies...

Sakhalin Oblast to continue buying Belarusian equipment
The head of the region noted that today BelAZ trucks are used at the Solntsevsky coal strip mine. Almost every farm has Belarus tractors. There are MAZ trucks and buses on the roads of Sakhalin...

Belarus invited to set up joint cellulose venture in Sakhalin
"This would allow us making the island an eco-friendly place. We are deeply interested in the area"...

Sakhalin ready to be springboard for Belarusian exports to Asian-Pacific Region
"Foreign partners, the same as Russians, trust in the quality of Belarusian products, while Sakhalin can be made into a so-called bridge for the implementation of joint projects on the delivery of products to Japan, Korea, and China"...

Belarus’ gold and forex reserves projected at $6bn in 2018
Next year Belarus does not plan to attract any new foreign loans...

BelAZ ships five haul trucks to Ukraine
Ukraine uses more than 2,000 BelAZ haul trucks, which accounts for over 90% of the haul truck fleet in the country...