Business news

Belarusian regions encouraged to learn from Minsk’s experience in pilot investment projects
Deputy Prime Minister of Belarus Anatoly Kalinin told the media during a seminar on the implementation of innovative technologies in construction sector on 7 July...

Minsk to host Belarusian investment forum on 28-29 September
The event is expected to gather representatives of international and foreign financial institutions, private foreign investors, representatives of government agencies, the Belarusian private sector, and the expert community...

Belarus’ gold, forex reserves exceed $6.5bn
In 2016, Belarus’ gold and foreign currency reserves rose by $0.751 billion (18%) to $4.927 billion as of 1 January 2017...

Russia’s Tula Oblast eager to buy Belarusian agricultural machines
The official remarked that the city of Tula actively uses Belarus-made buses, trolleybuses, trams, and lifts. Compact utility vehicles for road maintenance are bought regularly...

Kiev to host Belarusian-Ukrainian business forum on 20-21 July
Belarusian participants will be able to hold negotiations with representatives of Ukrainian companies, which are interested in advancing cooperation in mechanical engineering and industrial manufacturing, agriculture...

MAZ vehicles now assembled in Kazakhstan
Hyundai Trans Auto started the production of the heavy trucks MAZ 5516X5 and MAZ 6501H9 with a load capacity of 20 tonnes...

Great opportunities for cooperation between Belarus and Russia’s Tula Oblast in high technology
“There are some promising areas for cooperation, high technology in the first place. The Union State is implementing some programs aimed at starting the production of brand new high-technology goods. I would like to see Tula Oblast companies closely involved in these projects,” Grigory Rapota remarked...

Ecuador interested in Belarus’ experience of setting up modern industrial enterprises
Joint projects in these industries will help satisfy the demand of the Ecuadorean market and export corresponding products to neighboring countries in South America, the representatives of the embassy explained...

Lukashenko promises ‘safest’ NPP in Belarus
“Although Belarus is not the only country associated with the peaceful atom, I would like to assure you that we will build the safest nuclear power plant. This was not an easy decision, taking into account the Chernobyl tragedy. We understand that safety is a top priority"...

Belarus, Iraq keen to bolster trade, economic cooperation
“The sides discussed the enhancement of bilateral trade and economic cooperation, interaction in the manufacturing sector, agriculture, education, healthcare,” the press release of the press service reads...

Belbiograd residents promised preferences
“I don’t think it will succeed if we don’t give it the preferences on par with the IT park. The relevant presidential decree has been drafted. If the document is passed, Belbiograd’s effect will be at least as big as the IT park’s"...

Concept of Belarus-India investment cluster in Orsha District displayed in New Delhi
The 8th session of the Belarusian-Indian intergovernmental commission for cooperation in the economy, trade, manufacturing, science, technology, and culture at the level of the deputy co-chairmen of the commissions took place in New Delhi on 3-4 July. The Belarusian-Indian business forum and a business matchmaking session were organized on the sidelines of the intergovernmental commission session...

Mogilev to host Belarus-Russia regional forum in 2018
According to Mikhail Myasnikovich, the Supreme State Council of the Belarus-Russia Union State considered changing the schedule of the Forum of Regions at the recent meeting in Moscow...

Brest Oblast interested in close cooperation with Vietnam’s Lao Cai
Brest Oblast enterprises export meat and by-products, dairy products, engines and power supply units to the Southeastern country...

Belarus, Russia's Tula Oblast determine cooperation avenues till 2020
A plan of action to develop cooperation of Belarus and Tula Oblast for 2017-2020 was signed at the 4th Forum of Regions in Moscow. The document is aimed at expanding and enhancing partnership in the manufacturing sector and agribusiness, construction and utilities sector...

Six companies from Belarus’ Hi-Tech Park in Global Outsourcing 100
The International Association of Outsourcing Professionals (IAOP) has published a list of the world’s top 100 outsourcing service providers as a special addendum to the Fortune magazine in Q2 2017. Bell Integrator, Ciklum, EPAM Systems, IBA Group, Intetics, Itransition from Belarus’ Hi-Tech Park are on the list...

Belarus, World Bank discuss new projects
The World Bank provides finance for the project to reconstruct the M6/E28 Minsk-Grodno motorway (Minsk-Grodno-the Polish border). Anatoly Kalinin said that work is in progress ahead of schedule in all parts of the motorway...

Lukashenko: Belarus will become an IT country
“We intend to accomplish an ambitious goal: converting Belarus into an IT country. We will pass the relevant legislation soon in order to foster the development of such a situation in Belarus”...

Russia, Belarus sign memorandum to create new Belarusian satellite
According to the source, Belarusian and Russian companies will team up to create the satellite. Belarus will make surveying instruments while Roscosmos will take care of creating the platform and inserting the satellite into orbit...

St. Petersburg intends to purchase 125 MAZ buses ahead of 2018 FIFA World Cup
St. Petersburg Governor Georgy Poltavchenko noted that Belarusian vehicles are widely used both for passenger transportation and for municipal purposes...