Business news

Lukashenko invites Georgia to pay attention to new initiatives
“If we want to develop cooperation, we should pay attention to new initiatives,” Alexander Lukashenko believes. “For example, in the near future Georgia plans to erect an ice arena and a biathlon stadium at the mountain ski resort Bakuriani. Belarusian design and construction organizations are ready to help you”...

Most favorable business conditions promised to Georgian companies in Belarus
“The economies of Belarus and Georgia are complementary, which gives us advantages in mutual supplies. The Georgian side has considerable potential for exporting vegetables, fruit, wine and other southern products. Besides, we can jointly process the harvest of your orchards and fields. With this in mind, we are ready to provide Georgian companies with most favorable conditions for doing business,” the Belarusian head of state said...

Plans to increase export of utility vehicles to Russia’s Primorsky Krai
According to Alexander Bobtsov, head of the Belarusian embassy's office in Khabarovsk, the trade with Primorsky Krai made up around $13.5 million and can be much bigger. “We are interested in increasing the trade and we have all the possibilities for that. The current legal framework allows us to successfully develop mutually beneficial partnership,” Alexander Bobtsov said...

Bel Huawei Technologies talks about opportunities for implementing cutting-edge projects in Belarus
Director General of OOO Bel Huawei Technologies Pan Yong during the Mobile World Congress said...

Belarus exports $20.2m worth of industrial products to Russia’s Sverdlovsk Oblast in 2016
“Today, the companies of the Industry Ministry and the enterprises of Sverdlovsk Oblast maintain cooperation and business partnership ties in many areas. In 2016, our trade exceeded $44 million," Belarusian Deputy Industry Minister Gennady Svidersky said...

Russian city mayor praises safety, reliability of Belarusian buses
According to the press service of the Embassy of Belarus in Russia, Saransk bought 50 MAZ buses in February in anticipation of the world football championship that will take place in Russia in 2018...

Slovakian BioMed eager to be part of Vitebsk pharmaceutical cluster
BioMed would like to become part of Belarus’ first medical and pharmaceutical cluster as a way to implement joint R&D programs relating to the diagnostics and treatment of oncological diseases. In turn, apart from the scientific component Belarusian participants of the cluster will be able to improve their competence in adapting and promoting new medications to foreign markets...

Belarus to sell $30 worth of diamond cutting equipment to Zimbabwe
The equipment will be supplied to the Zimbabwe Consolidated Diamond Company (ZCDC) in the near future. The shipment will be made under a credit agreement via the Reserve Bank of Zimbabwe. The equipment will be used to upgrade the country’s diamond industry...

One Belt, One Road project seen as closely connected with IT
Belarus and China can actively exchange experience in this field, the expert believes. Xiaobo Xu pointed out that much attention is paid at the state level in China to the development of new technologies, which allows for rapid growth of hi-tech companies there...

Belarusian construction companies to continue building affordable homes in Venezuela
The plans were discussed when Ambassador Extraordinary and Plenipotentiary of Belarus to Venezuela Oleg Paferov met with Venezuelan Minister of Housing and Habitats Manuel Quevedo...

Equipment for BelNPP’s turbine island made by Atomenergomash
The plant has finished the manufacture of four sets of separator superheaters SPP-1200 for the turbine island of power-generating unit No. 2 of the Belarusian nuclear power plant. The total weight of products made up about 900 tonnes. Separator superheaters are meant for the drying and heating of wet vapor coming from the high-pressure cylinder of the turbine. These are vertical devices consisting of three parts in one body frame...

Belarus offers electric buses, civil engineering services to Russia’s Sverdlovsk Oblast
Vladimir Semashko noted that close attention is paid in Belarus to the advancement of relations with Sverdlovsk Oblast. He said Belarus expects trade turnover to increase although the figures have been falling recently. Belarus is also ready to offer the entire range of vehicles to Sverdlovsk Oblast. Financial resources on preferential terms can be arranged. Vladimir Semashko drew attention to Belarusian electric buses...

Belarusian, Russian agriculture ministries may hold joint session in Minsk before 10 March
Leonid Zayats explained that the session will traditionally focus on the delivery of products to the markets of Belarus and Russia. According to the minister, Belarus exported over $3 billion worth of foodstuffs to Russia in 2016...

Belarus’ exports to UAE soar in 2016
Over the past year the Belarusian exports to the UAE went up by 123% in comparison with 2015. We have been gradually occupying high-technology positions. We have been witnessing a serious growth in the export of chemical and petrochemical products. Belarusian food products have been also finding way to the Middle East market,” Roman Golovchenko said...

Moscow to host 3rd Austria-Belarus-Russia business forum 16 March
The forum will be followed by a business matchmaking session with the participation of representatives of Austria, Belarus and Russia. The business forum will take place at the Russian Chamber of Commerce and Industry. The event is organized by the Belarusian Chamber of Commerce and Industry, the Austrian Federal Economic Chamber and the Russian Chamber of Commerce and Industry...

Beltelecom presents business model innovations in Marseille
Beltelecom and Huawei are jointly implementing new business models. The two companies made a joint presentation of the Smart Home service during the international exhibition FTTH Conference 2017 in Marseille...

Belarus, Russia close to agreement on natural gas deliveries
“We’ve come up with a trajectory for moving towards a common electricity market and a common market of natural gas and oil. The trajectory for reducing the price is available. We are likely to fix on domestic Russian prices. At least this is what the latest agreed version of our roadmap or the protocol says,” added the Deputy Prime Minister of Belarus...

Belarus, Pakistan mull over joint food processing projects
"The two countries are talking over joint companies to process Belarusian raw material (milk powder, poultry) in Pakistan with the use of Belarusian technologies. For instance, we are discussing the transfer of Belarusian technologies in the production of whole-milk products and ice cream from the Belarusian full cream milk powder, skimmed milk and butter,” Aleksei Bogdanov explained...

Belarus pays for Russian gas using ‘Yamal Peninsula gas price’ formula in 2017
In discussing the gas issue, Belarus insists on compliance with the norms laid down in the EEU Treaty. These, first of all, include the creation of equal conditions for the economic entities of all the members of the union. Based on this, Belarus hopes for a maximum unification of the gas prices in the Eurasian Economic Union...

Belarus plans to increase baby food exports to Pakistan to $1.1m in 2017
“As for our export to Pakistan, it went up by 38% in 2016. We sold $981,000 worth of products. We mostly supplied baby food manufactured by Bellakt. Belarus plans to increase its baby food exports to Pakistan to the level of $1.1 million in 2017,” Aleksei Bogdanov noted...