Business news

First container train to leave Chinese Shenzhen for Belarus on 22 May
The new project is being implemented within the framework of the One Belt, One Road initiative with a view to bolstering trade relations and connections between exporters and importers in the region...

Belarus-China industrial park residents promised best business regulations in EAEU
Belarus president Alexander Lukashenko signed Decree No. 166 of 12 May to provide the resident companies of the Belarus-China industrial park Great Stone with the best business regulations in comparison with other Belarusian and EAEU regulations. The document envisages a “one-stop shop” principle for the park. Public authorities now should send employees to the park to carry out administrative procedures at park’s request...

Danish business eager to invest in Belarus
An investment agreement to set up a manufacturing facility in Mozyr District with the participation of the Belarusian-Danish BuySteel was signed during the plenary session of the forum on 19 May. The investment will amount to $3 million. The company will create about 30 jobs...

Telekom Austria Group plans business expansion in Belarus
The Austrian representatives got the head of the diplomatic mission familiar with the major areas of Telekom Austria Group’s activity on the target markets, including Belarus, and announced its plans to expand business in Belarus. The chief executive officer emphasized the importance of the Belarusian market for Telekom Austria Group and its attractiveness both in the middle and long-term perspective...

Belarus to welcome IAEA’s physical protection mission
A national seminar for preparing for an IAEA IPPAS mission took place at Gosatomnadzor’s premises on 16-18 May. The event was supervised by experts from the IAEA, Bulgaria, and the UK. Participants of the seminar discussed the IAEA’s activities in the area of physical protection, the Convention on the Physical Protection of Nuclear Material, and the Convention on the Physical Protection of Nuclear Material and Nuclear Facilities...

Advancement of Belarus-China cooperation in military affairs discussed
A Chinese military delegation is in Belarus on a visit on 17-22 May. The delegation is led by Colonel-General Zhang Youxia, member of the Politburo of the Central Committee of the Communist Party of China, member of the Central Military Commission of the People’s Republic of China, Chief of the Equipment Development Department of China’s Central Military Commission...

Tajikistan interested in assembling Belarusian MTZ cotton farming tractors
The Tajikistan government is considering organizing the joint production of tractors. The tractors may then be sold not only in Tajikistan but also in the entire Central Asia region. The assembly enterprise will make tractors cheaper for the local farmers, the Tajik side believes...

CSTO Secretary General to attend MILEX 2017 opening ceremony
The expo will feature a session of the CSTO Business Council under the Intergovernmental Commission on Military and Economic Cooperation and the CSTO Coordinating Council for Advertising and Exhibitions...

Over 30 countries to partake in Belarusian defense technology expo MILEX 2017
According to the source, over 30 countries will send over 50 delegations. The largest ones will come from the Russian Federation and China. Companies from Germany and Slovakia will take part in the expo for the first time. Poland will also be represented during the expo...

Belarus, Tajikistan to expand cooperation in agriculture
Opening the session, Belarus’ Agriculture and Food Minister Leonid Zayats noted that in Q1 2017 the organizations making part of the Agriculture and Food Ministry increased the exports to Tajikistan 2.4 times in comparison with the same period last year...

Belarus, Czech Republic to develop cooperation in agriculture
Agreements were reached to strengthen cooperation in veterinary and phytosanitary areas, and education in the field of agriculture. The participants considered proposals of Czech companies regarding the construction of dairy farms and animal breeding farms in Belarus. They also talked about the participation of the Czech Republic in the international agricultural expo Belagro 2017 in Minsk...

Serbia to enter third markets jointly with Belarus
“We have open access to the markets of the Eurasian Economic Union and the European Union. We enjoy absolutely equal cooperation with these markets,” the Serbian leader said. He also noted that “there are no obstacles in advancing there the products jointly produced with Belarus”...

Belarus-Slovakia commission on trade cooperation to sit in Bratislava in October
The parties discussed the bilateral trade and economic agenda, including the next meeting of the joint commission in Bratislava in October 2017. Special attention was attached to the implementation of joint projects and agreements reached during the visit of Belarusian Prime Minister Andrei Kobyakov to Slovakia...

Eurasian engineering center to be set up in Moscow with participation of Belarus
The founders of the center will be four countries of the Eurasian Economic Union (EAEU) - Armenia, Belarus, Kazakhstan and Russia. It will become the center for the development of machine industry in the EAEU and will be focused on implementing innovative solutions in industrial production to facilitate the transition to the new technological paradigm...

About 60 agreements to be signed during Belarus-Russia forum of regions
During the preparations special attention is attached to the organizational aspects of the special exhibition of Belarusian products. “The exhibition will showcase the advanced areas of our science, innovation, and information technology,” the vice speaker said...

Myasnikovich: Belarus-Russia regional forum likely to result in contracts worth $300m
“The forum is a very important event. This is the platform for considering issues of the Belarus-Russia Union State development and maintaining a direct dialogue between regional authorities,” Mikhail Myasnikovich is convinced. According to him, particular attention will be paid to economic cooperation, and the agreements and relevant trade, economic and investment contracts should be prepared for signing by due date...

Belarus-Brazil discuss EAEU- MERCOSUR cooperation
The parties discussed a wide range of issues of the Belarusian-Brazilian cooperation in trade, economy and investment and the interaction between the Eurasian Economic Union (EAEU) and the South American Common Market (MERCOSUR)...

Belarusian MPs ratify agreement on promoting mutual trade with Turkey
Presenting the document, Chairman of the State Customs Committee Yuri Senko said that the agreement on the promotion of mutual trade was signed in Minsk on 11 November 2016. It helps raise the efficiency and reduce the time of customs control procedures. It will have a positive impact on the trade between Belarus and Turkey...

Belarus, China sign agreement on international cargo transportation
The document envisages strengthening of cooperation in the rail, automobile, air and other infrastructure, harmonization of norms and technological standards in the logistics sector and the creation of favorable conditions for international cargo transportation between Europe and Asia. It is assumed that the two states shall assist companies with access to the international market of rail and road transport services...

Belarusian free economic zone eager to partner with European-Asian economic cluster
Grodnoinvest and the Euro-Asian Foundation for Business Education have reached an agreement on cooperation. Interaction in the production sector and logistics as well as the overall advancement of Belarusian-Polish-Chinese business relations were high on the agenda of the talks...