Business news

Russia’s Bashkortostan considering assembling Belarusian MTZ tractors
“We are ready to work in every avenue of cooperation from selling the ready-made machines to setting up an assembly enterprise. We can beat all the competitors on the Russian market with our prices," said MTZ Director General Fyodor...

Belarusian scientists design electronics, mechanical parts for NICA collider
NICA is being built bearing future applications in mind. Scientists expect to use this piece of equipment to understand how protons and neutrons came to be in the first few moments after the Big Bang. The particle collider will also help learn more about the behavior of matter subjected to superhigh energy...

Plans to sign $400m worth of contracts during Belarus-Russia forum of regions
The forum will bring together representatives of different regions of Belarus and Russia and flagship manufacturing companies. The participants will consider cooperation prospects and new projects. Plans have been made to conclude 54 cooperation agreements. The Belarusian councils of deputies of different levels will sign agreements with the Russian representative agencies...

Air China helps advance Belarus-China cooperation
Air China’s Commerce Director Weigang Zhang said that the number of Chinese, who visit Belarus, and the number of Belarusians, who visit China, has increased considerably in the last two years. He attributed the increase to direct flights between Minsk and Beijing...

Mogilev Oblast, Moldova keen to boost trade
Moldova is the oblast’s fourth largest importer and trade partner, trailing only Russia, Ukraine, and Kazakhstan. Mogilev Oblast buys Moldovan fruits and vegetables and sells elevators, chipboards, chemical products, and tractors...

Minsk-China trade up 50% in Q1 2017
The trade between Minsk and China totaled $1.1 billion in 2016. The growth in Q1 2017 made up 50%. “We are currently discussing supplies of different goods and products, including bread and microelectronic circuits”...

Minsk Office of BelCCI to sign cooperation agreement with Beijing
Director General of the Minsk office of the BelCCI Alexander Fedorchuk said ahead of the Minsk-Beijing business forum and a business matchmaking session between Belarusian and Chinese companies...

Chinese armored personnel carriers to enter service with Belarus Armed Forces
The Belarusian Armed Forces will receive the latest armored vehicles CS/VN3 produced in Chongqing. It is not the first instance of the gratuitous military and technical assistance from China...

Belarus invited to participate in Chinese-Arab Expo 2017
The proposal came from Wu Yucai, deputy head of the Standing Committee of the Ningxia Autonomous Region of China, during a meeting with Belarusian Deputy Economy Minister Pavel Utyupin...

Belarus plans to attract grants from EaP regional fund in housing and utilities
“In London Belarus signed a contribution agreement with the European Bank for Reconstruction and Development on the country’s participation in the Eastern Partnership regional fund for regional energy efficiency and environment”...

Rosatom: BelNPP construction project on schedule
“Projects in all newcomer countries do not proceed smoothly as on paper. But there are no insurmountable problems. Everything goes according to schedule in Belarus,” Kirill Komarov said. We are set to reach the most important stage in early 2018 which will mark the completion of the first unit...

Belarus to buy number of Russian Su-30SM jet fighters
According to the source, a contract has been signed with Russia on buying a batch of Su-30SM aircraft for the sake of renewing the fleet of combat aircraft...

Israel shows appetite for Belarusian food
“We believe that Belarusian products offer very good quality. We believe that Belarusian foods are organic and up to high standards. We are considering the possibility of importing Belarusian food to Israel. I am talking virtually about all the agricultural products and especially dairy products and beef"...

World Bank to extend $60m loan to Belarus for development of SMEs
“Over the past four years, the amount of loan money granted by the World Bank to Belarus as part of the country partnership strategy increased from $375 million to $973 million. We plan to provide another $60 million after summer to support SMEs in Belarus”...

Plans to provide government support for cluster projects in Belarus
Revised Decree No. 255 is expected to be issued at the end of this yea - first quarter of 2018. It will envisage government support for cluster projects. Priority support will go to innovative-industrial clusters in hi-tech industries. This is a fundamental position,” Dmitry Krupsky said...

Belarusian Railways transit potential to be showcased in China
The Belintertrans-Transport and Logistics Center provides a full range of freight forwarding services. A representative office of Belintertrans-Germany was opened in Beijing to secure direct presence on the Chinese transport services market...

China’s Yichang to twin with Baranovichi
The agreement envisages the development of mutually beneficial relations in trade, IT, medicine, science and education, tourism and other areas. The document was signed by Baranovichi Mayor Yuri Gromakovsky and Yichang Vice Mayor Zhou Zhening...

Belarus shows interest in public transport deliveries to Ukraine
"During the meeting with the mayor of the Ukrainian city, the parties discussed cooperation between Nikolayev and Belarus in the area of industry and transport production, strengthening of humanitarian cooperation, the development of twin-city and friendly relations"...

Belarusian automaker BelAZ reports soaring export figures in January-May
This year BelAZ products have been exported to 22 countries. In January-May export to Russia rose by 2.2 times in comparison with the same period of last year. Export to non-CIS states went up by 130%, with export to CIS states up by nearly 100%...

European Commission to provide independent evaluation of BelNPP stress tests
“In the autumn we will send the national report to the European Commission for the independent evaluation of our stress tests. We held talks with the European Commission, and reached a full understanding on this issue,” said Mikhail Mikhadyuk...