Business news

Brest Oblast to enhance twinning relations with China’s Liaoning Province
Brest Oblast and Liaoning Province signed a working plan for 2025-2027 to advance twinning relations between the regions. Both sides are interested in cooperation in economy, trade, education, healthcare, culture, tourism and sports...

Governor hails prospects for cooperation between Gomel Oblast, Kazakhstan
The parties signed a number of important documents. "Following the visit, we signed 17 documents on cooperation, including 10 export contracts worth more than $25 million...

Lukashenko: Kopys’ small bakery project should be scaled up across the country
Aleksandr Lukashenko instructed to expand production as the demand for the products of the Kopys bakery was big. It is also necessary to open similar bakeries across the country, especially in small towns...

Lukashenko comments on financial performance of Belarus’ woodworking industry
Speaking about exports, Aleksandr Kulik noted that the products are exported to the markets of 16 countries. The financial performance in the woodworking industry have improved, the minister added...

Belarusian NAIP, Huahe International sign cooperation agreements
NAIP and Huahe International will cooperate in the search for potential investors from China, take part in joint events and organize business missions...

Belarusian delegation visits China’s Guangzhou
The business visit of representatives of Belarusian enterprises to Guangzhou was aimed at expanding trade and economic partnership with Chinese companies...

Belarus’ Amkodor to ship machinery to Algeria
This as well as other issues were discussed during the visit of the Algerian delegation led by the Minister for Agriculture and Rural Development Youcef Cherfa...

Belarus, Guinea discuss supplies of Belarusian machinery
Guinea’s ambassador also showed interest in the supply of Belarusian machinery, including mining equipment that can be used for mineral extraction...

Lukashenko outlines tasks for Mogilevliftmash new leader
Ruslan Strakhar said that all enterprises are currently operating steady. "Mogilevliftmash Holding Company earned approximately Br50 million in net profit last year," he said...

Lukashenko instructs local city administration to keep focus on Amkodor
"Amkodor is a very promising enterprise for us and for Russia. It is very important in our common market"...

Business circles of Gomel Oblast, Kazakhstan’s Astana sign several agreements
The Belarusian delegation showcased the industrial potential of Gomel Oblast to Kazakhstan’s business representatives. Leaders of organizations and enterprises of Belarus presented their products, which are exported to dozens of countries worldwide, and discussed opportunities for cooperation...

Belarusian automaker MAZ mulls over assembly plant project in Algeria
"Today, the trade between Belarus and Algeria is about $50 million, up 16 times from 2023"...

Belarus, Zimbabwe keen to develop industrial cooperation
“The list of areas where we can unlock the potential of cooperation with Zimbabwe is very extensive. Belarus is set to fulfill all the tasks outlined by our heads of state promptly and efficiently,” Viktor Karankevich noted...

Belarus’ GDP up by 3.1% in Q1 2025
According to estimates, in January-March 2025 the GDP amounted to Br59.4 billion in current prices, up by 3.1% in comparable prices year-on-year...

Golovchenko sees National Bank as full-fledged and independent player in Belarus’ fiscal system
According to Roman Golovchenko, the president's message that the National Bank needs to take a more active part in the economic development of the country is very timely and relevant...

Belarus, Zimbabwe sign agreement on production, assembly and sale of buses
This agreement and a contract to supply MAZ bus kits to Zimbabwe were signed at the meeting of the Belarus-Zimbabwe standing commission on cooperation...

Vice PM: Belarus is very interested in strengthening economic relations with Algeria
This year Belarus received certificates to supply beef to Algeria, which will become an additional contribution to the trade between the countries, Yuri Shuleiko noted...

Ambassador: China, Belarus need to create new growth points in trade, interregional cooperation
"During the Years of Cooperation between Belarus and China in Science, Technology and Innovation, we must fully realize the potential of Belarus’ Coordination Center of the China SCO Technology Transfer Center"...

Belarus seeks cooperation with China in healthcare, pharmaceuticals
As it was determined during the meeting between Belarusian President Aleksandr Lukashenko and Premier of the State Council of the People's Republic of China Li Qiang during the Chinese representative’s official visit to Belarus last August, the cooperation strategy should be based on the sectoral cooperation using new and high technologies...

Retail trade in Belarus up 10.8% in January-March 2025
One-day retail sale volume per capita came at Br27.9 as against Br23.7 in the same period a year prior...