Business news

Belarus, Kazakhstan can step up cooperation in oil industry, IT
Industrial cooperation has become the flagship of the economic ties between the two countries, the prime minister remarked...

Belarusian companies to take part in Damascus International Fair
The importance of the participation of the Belarusian companies and business in the event was highlighted by Syrian Minister of Economy and Foreign Trade Mohammad Samer al-Khalil during a meeting with Ambassador of the Republic of Belarus to Damascus Alexander Ponomarev...

Savushkin Product to mull over possibility of taking over struggling farms
In particular, it was noted that this decision could be beneficial for business and the state. As a result of such transformations it will be possible to use Belarusian-made raw materials in an efficient way, raise salaries at affiliated agricultural enterprises and increase tax revenues...

Lukashenko urges low-paying enterprises to raise salaries to Br1,000 in 2018
The president also stressed that the average salary of Br1,000 which can be reached by the end of 2017 should not decrease at the beginning of 2018...

Belarus' export of merchandise, services up 19.4% in H1 2017
Belarus' foreign trade in merchandise and services totaled $33.098 billion, up by 17.4% from January-June 2016...

Moldova looking into joint venture with Gomel Oblast to co-assemble agricultural equipment
“We are interested in the initiative to co-assemble combine harvesters in Moldova. The idea was put forward by Gomel Oblast Governor Vladimir Dvornik"...

Brestzhilstroi to build dwelling in Poland’s Gdansk
“We established contacts with one of the Polish firms in autumn 2016. We found mutually beneficial areas and concluded an agreement of intent on long-term cooperation"...

Belarus’ GDP growth forecast revised upward
“The economic recovery in the EDB countries in H1 was the reason for the revision of the 2017 GDP forecast"...

Belarus’ National Bank projects annual inflation at 7% in 2017
“Considering the price growth dynamics for the bulk of goods and services, we expect that the consumer price growth will not exceed 7% this year”...

Belarus’ Education Ministry, Huawei seek cooperation in digital transformation
Huawei and Roland Berger plan to conduct a research to work out a plan for the development of the information and communication technology (ICT) sector in Belarus...

Belarus invites World Bank to implement joint projects in energy saving
In his words, Belarus and the World Bank have been successfully carrying out joint projects in energy saving, energy efficiency, and alternative energy for many years...

Minsk Oblast, Vietnam’s Hung Yen Province intend to develop cooperation in industry, agriculture
“Minsk Oblast is ready to cooperate with the Vietnamese region in various areas: agriculture, industry, healthcare, and culture"...

Belarusian companies take active part in Natural Product movement
“A certificate confirming compliance with requirements is required to label a product ‘natural’. As of today, 44 companies have obtained 134 certificates for 213 food products,” Viktor Nazarenko pointed out...

Huawei R&D center may open in Great Stone park
Chairman of the State Science and Technology Committee Alexander Shumilin discussed with the representatives of Huawei Technologies Co., Ltd. the prospects of bilateral cooperation, including in the area of information and communication technologies, augmented reality and software development...

Belarus harvests over 3 million tonnes of grain
As of 9 August, Belarus’ grain harvest reached 3.175 million tonnes...

Belarus plans to launch poultry exports to China by summer 2018
“We delivered over $2 million worth of dairy products to China in H1 2017, up 72 times from the same period a year prior"...

Belarus exports frozen bread to 8 countries
“Today we are exporting frozen bakery products to eight countries. Among them is Russia (over 80% of the exports), Israel, Panama, the USA, Tajikistan, and Australia,” Vadim Pobedinsky said...

Belarus keen to develop cooperation with Kazakhstan in alternative energy
During the visit, Anatoly Kalinin went to see EXPO 2017. He noted that the expo demonstrates Kazakhstan’s recent achievements in economy, energy and art...

Documents to encourage business in Belarus to be ready by 1 October
It is expected that a package of documents to encourage business growth will consist of about ten legal acts. The president noted that all unnecessary administrative barriers faced by businessmen will be abolished...

Minsk, Ankara consider delivery of Belarusian goods to Turkey by water transport
The parties welcomed the entry into force of the intergovernmental agreement to develop a mutual trade facilitation system, the so-called green corridor of fast-track customs clearance of goods...