Business news

China’s People’s Daily launches media center to promote Road and Belt cooperation
Belarus is represented by the Belarusian news agency BelTA, the publishing house Zvyazda and the Respublika newspaper...

Minsk to host high-level conference on financial education in CIS on 19 September
The OECD is steering and managing the three-year Technical Assistance Project on Financial Education in the Commonwealth of Independent States (CIS) with the financial support of the Ministry of Finance of Russia...

Belarus, European Commission agree on time for peer review of nuclear power plant stress tests
Belarus stress-tested its nuclear power plant in 2016 using European methods and taking into account recommendations based on the European Commission’s and the European Nuclear Safety Regulators Group’s (ENSREG) specifications...

Polish Atomic Energy Agency gets familiar with BelNPP construction
During the visit to Ostrovets the PAA representatives got acquainted with the construction of the plant, oversight procedures at the site and the results of the IAEA Site and External Events Design (SEED) mission...

Grodno to host Euroregion Neman 2017 trading show 21-23 September
"Over 300 foreign guests are expected to attend the exhibition. Among them will be delegations from several Russian regions, China, Kazakhstan, Lithuania, Poland, Azerbaijan and Romania"...

EU plans to allocate €14.5m to support entrepreneurship in Belarus
The agreement is part of the 2014-2017 long-term indicative program for Belarus adopted by the EU in 2014 with a view to providing assistance in social policy, environment protection and economic growth at the local level...

ODS consumption in Belarus down almost 60 times over 30 years
Belarus fulfills all commitments under the international agreements in the field of the protection of the ozone layer...

First batch of Chinese armored vehicles delivered to Belarus
The first batch of ten CS/VN3 Dragon armored vehicles has recently been delivered to Belarus. China has also supplied Belarus with thirty DongFeng Warrior all-terrain vehicles...

EBRD advocates elimination of cross-subsidies in housing, utilities in Belarus
"People are beginning to embrace a more responsible attitude towards resources (energy, water, and heat), because they should now think about the prices for all these things"...

Chakrabarti: No need to rush with privatization
"We believe that there is a certain set of rules that helps improve the operation of the state banks that are planned for privatization. Such optimization make them more attractive for investors"...

Great export expectations for free economic zone Minsk in 2017
As a successful FEZ Minsk resident company the prime minister mentioned the science-intensive and high-technology enterprise Adani. The company’s products are in demand in 70 countries...

BelGee expected to start producing electric vehicles in 2019
"The Geely company has an electric car in its lineup. There is an agreement that the Belarusian plant will start assembling it as from 2019 - up to 5,000 units. But we will need a certain degree of localization"...

New factory of Belarusian-Chinese BelGee to make engines
“We have agreed with Geely to launch the production of engines at the BelGee factory. We also plan to start manufacturing exhaust systems, seats, accumulators, and other details"...

Russia’s Ivanovo Oblast keen to boost cooperation with Belarus
Belarusians said they are ready to export urban electric transport, electric buses, and lift equipment and set up dealing centers of the Belarusian tractor maker MTZ in the region...

Gomel Oblast, Kherson Oblast may set up joint plants in machine-building, farm processing
At the meeting in the Gomel Oblast Executive Committee head of the Kherson Oblast Administration Andrei Gordeyev suggested setting up an assembly of Gomselmash harvesters in Kherson Oblast...

Belarusian Geoinformation Systems now part of PanGeo Alliance
Thanks to mutual access to the archived images sent by the Belarusian satellite BKA and PanGeo Alliance archives we hope to expand our presence on the market of Earth observation data...

Belarus’ GDP up 1.6% in January-August 2017 　
In January-August 2017 the GDP deflator index totaled 107.8% as against the same period of last year...

Belarus, Russia’s Kaluga Oblast to step up cooperation in construction, mechanical engineering
It was noted during the meeting that Belarusian construction organizations have already gained experience in building facilities of different purpose in Kaluga Oblast...

Belarus mulls over another steel making plant
“We are preparing the corresponding feasibility study which should be ready by the end of the year, and we will start searching for a partner, an investor, a credit line. We have loans, but the project should pay back in the first place”...

Belarus to take measures to promote self-employment of people
The draft decree envisages the expansion of the list of economic activities which a person can do without registration as a self-employed entrepreneur provided a single tax is paid...