Business news

Belarus, Russia’s Ryazan Oblast set to expand cooperation in exchange trade
During the panel discussion the Ryazan Oblast business community was presented the opportunities of the Belarusian Universal Commodity Exchange (BUCE) to improve the efficiency of sales and procurement activities of economic entities, reduce foreign trade risks and search for new partners abroad...

PM: Belarus, Russia may discuss a new loan on joint import-substituting projects
The Belarusian government delegation is scheduled to pay a visit to Russia in the near future to discuss various issues of bilateral cooperation...

Belarus’ ambassador holds meeting with governor of Russia’s Astrakhan Oblast
The diplomatic mission emphasized that Belarus aims to expand the assortment of a wide range of machinery and increase its supply to Astrakhan Oblast...

Belarus, Russia’s Yaroslavl Oblast to step up mutual exchange trade
According to the BUCE, in 2024 the exchange trade between Belarus and Yaroslavl Oblast amounted to $33.5 million. Belarusian meat and dairy products made up the bulk of transactions...

Belarus to present exhibitions in African countries in 2025
The focus is also on African countries, with the plans to display a national exposition in Equatorial Guinea and present the country’s potential in Algeria...

Belarus-Russia exchange trade up by 17% in Q1 2025
Russia not only ranks first in terms of trade volumes among all countries represented on BUCE, but it is also the largest destination for exchange exports...

Belarus, Vietnam in talks over settlements in national currencies, direct flights
Anatoly Sivak pointed out that the problem with logistics needs to be resolved: it takes up to 90 days to deliver certain groups of goods from Belarus to Vietnam and back...

Belarus, Vietnam mull over joint tractor assembly project
Belarus is also increasing its food exports to Vietnam. Dairy products have been certified, the necessary procedures for beef exports are on the home stretch. As a result, about 20 domestic enterprises will gain access to the Vietnamese market...

Russia’s Penza Oblast offers Belarus cooperation in many fields
Governor of Russia’s Penza Oblast Oleg Melnichenko told the media after his meeting with Belarusian President Aleksandr Lukashenko in Minsk...

Belarus, Vietnam to expand agricultural cooperation
During a working visit of Belarus’ Agriculture and Food Deputy Minister Ivan Smilgin to Hanoi, he met with Vietnam's Agriculture and Rural Development Deputy Minister Phung Duc Tien. The parties discussed the areas of cooperation between the two countries...

Belarus increases export duties on some oil products
In line with the resolution, the size of the export duty on liquefied petroleum gas is now $8.8 per tonne ($8.3 previously). The export duty on ethane, butane and isobutane was set at $7.9 per tonne ($7.4)...

Belarus’ PM examines investment project at Verkhnedvinsk Butter and Cheese Factory
According to Svetlana Chivirova, Director of the Verkhnedvinsk Butter and Cheese Factory, the agricultural holding company includes eight organizations - a processing enterprise, a maintenance enterprise and six agricultural organizations...

Belarusian commodity exchange accredits first company from Myanmar
The BUCE accredited the first company from Myanmar, which expanded the list of countries using the exchange mechanism for trade with Belarus to 82 countries. The new participant in exchange trading plans to purchase Belarusian dairy products...

Cuban ambassador names three pillars of cooperation with Belarus
The meeting helped exporting companies obtain useful information about the investment potential of the Cuban market and the opportunities for exporting Belarusian products to that country...

Belarus collects over 840,000 tonnes of secondary material resources in 2024
According to Oksana Gaiduk, today 39.6% of all municipal waste in the country does not end up in a landfill, but is used as a secondary resource. The leaders in the use of secondary material resources are Brest Oblast (48%), Grodno Oblast (47.8%), and Vitebsk Oblast (43.4%)...

MAZ looks to increase electric vehicle supplies to Russia’s Novosibirsk Oblast
The Belarusian government delegation led by Deputy Prime Minister Viktor Karankevich is on a working visit to Novosibirsk Oblast. The delegation includes representatives of the country's major enterprises and corporations...

Belarus strengthens role of banking system in financing investment projects
The volume of loans issued over the period by the Development Bank, Belagroprombank and Belarusbank amounted to more than Br1.5 billion, up 28%...

Italian company interested in producing windows, doors, ceilings in FEZ Minsk
The investment project was discussed at the business platform of the free economic zone. The Italian company specializes in the design, construction and installation of windows, door structures and furniture systems...

Belarus, Zimbabwe sign memorandum of cooperation in tourism
"We consider it our duty to attract other African countries to introduce them to Belarus: a beautiful country with peace-loving people, delicious food and a healthy environment," Barbara Rwodzi said...

Lukashenko compares printing money to suicide
"Yes, we are dependent on markets. The financial system is. It is understandable. But we have learned how to keep things balanced after all"...