Business news

Belarus, Pakistan outline priority areas of industrial cooperation
The most promising areas of cooperation in the industrial sector include the joint production of car components (taking into account the extensive development of car assembly plants in Pakistan), joint manufacturing of agricultural equipment (keeping in mind the agricultural focus of some of the Pakistani regions), and the joint production of electrical products and equipment...

Belarus to spend $580m on building nuclear power plant in 2017
In 2017 construction and installation operations will be carried out at 130 primary and auxiliary facilities of the Belarusian nuclear power plant. There are plans to pour 190,000m3 of concrete and install 26,000 tonnes of reinforcement bars...

Vitebsk to host entrepreneurship support forum
During two days, young coaches will speak on how to choose and develop a start-up idea. The forum will discuss the current tendencies on the market and the key management, marketing, and PR trends...

Georgia shows interest in Belarusian agricultural practices
“Georgia, just like Belarus, has been actively developing its agricultural sector. Unfortunately, we have done little in the sector after the Soviet Union collapsed. Those things you could preserve, develop and multiple did not take place in Georgia. Over two decades our agricultural industry was falling to pieces, and only now we start to actively develop our agriculture,” said Giorgi Margvelashvili...

Belarus evaluating transit capabilities of Lithuania’s Klaipeda port
Belarusian Economy Minister Vladimir Zinovsky was in Lithuania on a working visit on 22-23 February. He visited the Klaipeda port on 23 February in order to discuss prospects of using the port’s transit capabilities for shipping Belarusian exports to third countries...

Belarus negotiating vehicle assembly in Angola
The matter will be high on the agenda of the Angola visit of Ambassador Extraordinary and Plenipotentiary of Belarus to South Africa with concurrent accreditation to Angola Andrei Molchan on 22-25 February. The Belarusian diplomat met with Angola Vice President Manuel Vicente, President of the National Assembly of Angola Fernando da Piedade Dias dos Santos...

Belarus, Moldova to expand cooperation in agriculture
This issue was raised during a meeting between Belarusian Ambassador to Moldova Sergei Chichuk and Moldova’s Minister of Agriculture and Food Industry Eduard Grama...

NASB invites Pakistan to implement nine joint agricultural projects
The Academy of Sciences attaches great importance to bolstering the mutually beneficial cooperation with Pakistan. The NASB has already developed a set of measures to step up the cooperation with the organizations of this country in 2016-2020...

First batch of MAZ equipment shipped to Sudan
“We, together with MAZ, have recently shipped ten trucks for Petrola Company. We hope our successful cooperation will be continued”, Mohamed Abdelazim said...

Experts to discuss Belarus’ participation in One Belt, One Road project
The forum will aim at strengthening Belarusian-Chinese cooperation, developing the scientific basis in the area of politics, economy, culture and bilateral public relations. The conference will gather over 100 Chinologists, culture experts, historians, economists and pedagogues from Belarus and China...

Belarus, Austria discuss ways to strengthen business ties during Belarus’ CEI presidency
Alena Kupchyna, Ambassador Extraordinary and Plenipotentiary of Belarus to Austria, met with Bernadette Gierlinger, Section Chief in the Austrian Federal Ministry of Research, Science and Economy, to consider ways to intensify the bilateral business ties...

Vitebsk radio parts factory to make CIS’ first compact condensers in 2017
The condenser K10-84v has been developed in-house and is now going through all kinds of tests. Results of the tests will be used to get permit documents, including for sales in Russia. Commercial production will begin after that. According to the source, such compact condensers are in demand in electronics industry...

Belarus, Lithuania intend to revitalize joint projects in agriculture
Ambassador Extraordinary and Plenipotentiary of Belarus to Lithuania Alexander Korol met with Minister of Agriculture of Lithuania Bronius Markauskas...

Tentative plans for bottling Azerbaijani wine in Grodno Oblast
The idea was discussed during the meeting of Grodno Oblast Governor Vladimir Kravtsov and Ambassador Extraordinary and Plenipotentiary of Azerbaijan to Belarus Latif Gandilov...

Agricultural delegation from Pakistan to visit Belarus on 22-25 February
The visit will be focused on the third session of the Belarusian-Pakistani working group on agriculture. The visit will be crucial for bilateral trade and economic relations because it will represent a preparatory negotiation platform for a series of events in the area of agricultural cooperation, which is aimed at setting up joint ventures...

Belarus hopes to expand cooperation with Bangladesh
Vladimir Makei stressed that Bangladesh and the friendly people of this country are the reliable and trusted partners of Belarus in South Asia. “A quarter of a century is a rather short period. However, we have already done a lot to establish and develop Belarus-Bangladesh ties relying on the principles of equality, respect for interests and mutual benefits,” the minister remarked...

Belarus seeks to boost export of construction services
“I instruct the deputy architecture and construction minister to report on measures taken to reverse the trend, on what is done to increase the export of services and how the ministry coordinates the work to fulfill these tasks,” the head of state said...

Belarus PM suggests measures to raise salaries
The head of government emphasized that this target can be achieved through the creation of new jobs, new businesses, promotion of entrepreneurship, export growth and reduction of costs. “In the budget-financed sectors, salaries can be increased through optimization and through the growth of extra-budgetary income,” the prime minister noted...

Minsk aircraft factory, Russian air carrier S7 considering aircraft repair venture
The S7 air carrier is the second largest air carrier in Russia after Aeroflot. According to the source, the S7 air carrier has expressed interest in working together with the Minsk-based commercial aircraft manufacturer in order to set up an enterprise that will offer aircraft maintenance services...

Belarus, UAE to cooperate in defense industry
Taking into account friendly relationship between Belarus and the UAE, the Belarusian State Military-Industrial Committee and the Tawazun Economic Council signed a memorandum of understanding and cooperation in the defense industry. The document was signed during the 13th International Defense Exhibition IDEX 2017 in Abu-Dhabi...