Business news

Belarus, Turkey mull over new assembly plants for Belarusian equipment
The matter was discussed at a meeting between Ambassador Extraordinary and Plenipotentiary of Belarus to Turkey Andrei Savinykh and Turkish Minister of Development Lutfi Elvan...

China seen as promising market for Belarusian dairy products
“Belarus is among the world’s largest exporters of milk. Meanwhile, China is a big consumer of meat and dairy products, especially ecologically clean ones. China is a large promising market for your country”...

Belarusian scientists invent new robot locomotion ways
“Robot locomotion is a major problem at the moment. The walking robots we see in the movies do exist but they cost $300,000-500,000 apiece. This is why we need other locomotion methods, quality and cheap ones. Spherical robots, which important parts are placed inside the body, are an option"...

Development of Belarus-USA interregional cooperation discussed
A Belarusian delegation led by Chairman of the Belarusian state food industry concern Belgospishcheprom Alexander Zabello visited the U.S. states of Oklahoma, Arkansas, and New York on 1-5 May. Advancing Belarus-USA interregional cooperation and finding ways to export more Belarusian products to the USA were the key goals of the visit...

Belneftekhim in talks to diversify oil supplies
“The recent dispute with Russia made us prompted us to consider oil suppliers from other regions. This is not an easy or quick process: we need to find partners, to calculate logistics and various options... We continue to work on all these issues"...

Belarus, Armenia to step up cooperation in food quality control
The sides discussed the topical issues of bilateral cooperation in the field of quality control of food raw materials and food products, including facilitation of access of agricultural and food products to the markets of Armenia and Belarus...

Prospects of Belarusian goods supplies to Rwanda discussed in Minsk
The parties also discussed possible organization of a visit for Rwandan businessmen to Belarus and a business matchmaking session as part of the visit...

Call on Belarusian and Russian regions to set up more joint ventures
"But if we had the economy of joint Belarusian-Russian enterprises, and joint commodity zones, if we had joint farms, then would not have these meat or milk disputes. This would benefit the economies of both parties"...

Belarus, Czechia eager to implement more power engineering projects together
During the session the sides summed up results of the previously made decisions, discussed possible options for invigorating bilateral cooperation in power engineering, including in trade, economic, and investment affairs...

2017 expected to become breakthrough year for industrial park Great Stone
The park will be developing using the 20-10-5 formula where 20 is the number of new registered companies. “Our goal is to register at least 20 residents by the end of 2017”...

China’s Chengdu delegation to partake in Gomel Economic Forum
The delegation will comprise members of the Chengdu city administration in charge of particular economic and social sectors. The Chinese side is interested in investment, industry, transport logistics, distribution networks, and some other fields...

Belarus, Greece seek closer cooperation in business
The matter was discussed at a meeting between Belarus’ First Deputy Economy Minister Dmitry Krutoi and Ambassador Extraordinary and Plenipotentiary of Greece to Belarus (on concurrent accreditation) Andreas Friganas...

New window of opportunities opens for export of Belarusian products to China
The parties discuss a considerable difference in the volumes of Belarusian export to the People’s Republic of China and the Chinese import to Belarus. According to the president, the Chinese side is interested in the diversification of the trade and economic relations in a way to remove the imbalance...

Plans to launch Minsk-Guangzhou air service
The head of state pointed out that Belarus is interested in bolstering ties with China’s Guangdong Province. The sides have advanced trade and achieved considerable results in tourism and science...

Belarus’ potential presented in Italy
The forum on expanding cooperation opportunities was timed to the 25th anniversary since Belarus-Italy diplomatic relations were established. During the forum the Belarusian delegation was led by Evgeny Shestakov. The Italian delegation was headed by Benedetto Della Vedova...

Orsha District hailed as example of economy restart for entire Belarus
“We have good chances of submitting proposals on restarting the economy using Vitebsk Oblast and specifically its Orsha branch as an example. This experience can be spread onto the rest of the country later on"...

Interregional cooperation described as engine of Belarus-China cooperation
The head of state stressed the importance of cooperation between the regions of Belarus and China. “The potential of this cooperation is untapped. After all, you can reach arrangements on many things at the level of the presidents, the governments, and ministries"...

Belarus, Ecuador eager to develop industrial cooperation
The issue was discussed at the meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to Ecuador Igor Poluyan and Ecuadorean Minister of Production, Employment and Competitiveness Santiago Leon...

Belarus’ Horizont Holding Company set to strengthen business ties with Slovakia
The Belarusian company views Slovakia as a promising partner. Yuri Predko said that a number of cooperation agreements were signed during the Belarusian-Slovak Business Forum held in Bratislava in April...

Amkodor opens service center in Bangladesh
Amkodor Palash Indutrial Zone Ltd. has been opened in Palash, Bangladesh. Since July 2015 Amkodor has shipped to Bangladesh a total of 1,395 vehicles and vehicle sets worth $50 million...