Business news

8 Jul 2019

First projects in bonded area of China-Belarus industrial park Great Stone expected in 2019
The bonded area is designed to greatly simplify customs procedures. The practice is borrowed from China. The industrial park administration is intent on assimilating this and other cutting-edge practices as quickly and as effectively as possible...

5 Jul 2019

Kazakh private sector eager to sell more food, machines to Belarus
"We can supply food products. Our mechanical engineering industry, industrial manufacturing develop well. We are going to compete in this field but I see nothing bad about it since consumers choose the best value for money in the end"...

5 Jul 2019

Belarus-Kazakhstan trade projected to reach $1bn in 2019
Chairman of the Belarusian Chamber of Commerce and Industry Vladimir Ulakhovich told reporters on 5 July that Belarus-Kazakhstan relations develop very dynamically and positively...

5 Jul 2019

Belarus' gold, forex reserves at $8.3bn
In June 2019, the country's gold and foreign currency reserves went up by $200.7 million (or 2.5%) following the May growth by $521.6 million (6.9%)...

4 Jul 2019

Eleven companies registered with China-Belarus Great Stone park at Belt and Road Forum
According to Aleksandr Yaroshenko’s estimates, the number of resident companies will reach 85 at the bare minimum in the coming years. At least 30 companies will launch their products by the end of 2020...

4 Jul 2019

Twelve Belarusian districts involved in UNDP project
The project involves the analysis of entrepreneurial capacities of districts, development of plans for small and medium enterprises, training of specialists, improving the legal framework...

2 Jul 2019

Some $500m already invested in China-Belarus industrial park Great Stone construction
"Nearly $500 million from all kinds of sources has already been invested in the project. I am talking about shareholders, investors, budgets of the governments, loans, and technical aid. The park is home to 44 resident companies"...

1 Jul 2019

Belarus, Chinese Sinomach eager to advance cooperation in mechanical engineering
Companies residing in the China-Belarus industrial park Great Stone enjoy a unique legal regime. Engineering and transport infrastructure has been created as well...

1 Jul 2019

Armenia interested in cooperation with Belarus in agriculture
Armen Sarkissian spoke highly of the quality of Belarusian food. “Belarus has a large potential in the area of agriculture,” he said...

1 Jul 2019

Plans to set up AI research institute in China-Belarus industrial park Great Stone
The institute’s Director General Aleksandr Tuzikov told media that the document specifies a number of areas of interest for the Belarusian side and the Chinese one. The areas are related to smart robot technologies, robot navigation, smart vision systems, and speech interfaces...

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