Business news

Belarus presents its export and investment potential in Chisinau
According to the Belarusian embassy in Moldova, the presentation of Belarus’ export and investment potential for Moldavian businessmen was held as part of the Made in Moldova exhibition. Taking part in the expo was a delegation of Belarusian companies led by Director General of the Gomel Office of the Belarusian Chamber of Commerce and Industry Marina Filonova...

Belarus, Germany talk over investment cooperation prospects
Ambassador Extraordinary and Plenipotentiary of Belarus to Germany Denis Sidorenko and State Secretary of the Federal Ministry of Foreign Affairs of Germany Markus Ederer discussed the current state of cooperation between the two countries...

Export of Belarusian dairy horse breeding technologies under consideration
“We intend to seriously start selling dairy horse breeding technologies abroad. In particular, negotiations are in progress with several regions of Russia, with Kazakhstan and Lithuania. The company intends to sell the franchise so that similar full-cycle enterprises could be built there in our image"...

Belarus’ Industry Ministry, Gleason Corporation set to strengthen cooperation
The parties considered investment project proposals, ways to step up cooperation and further steps to localize the production of Gleason equipment and components at OAO Vistan and exchange personnel training practices...

Belarus eying Pakistan-China Economic Corridor projects
“We could provide engineering services, perform design work. We stand ready to offer a wide range of Belarusian machinery. The Pakistan-China Economic Corridor is a global project, and we are interested,” Mikhail Myasnikovich said...

Belarus, Pakistan to intensify cooperation in science and technology
“To help our companies step up their work on the markets, the governments and parliaments will provide assistance in the regulation of trade regimes. First of all, this pertains to import duties, the mechanisms to support mutual trade and investments,” the chairman of the Council of the Republic said...

Lukashenko: Belarus, Pakistan can raise bilateral trade to $1bn by 2020
“We certainly need your support. I know that parliaments play a big role in the two countries, and I would like to ask you to monitor Pakistan’s effort to implement the roadmap that we developed for our short- and medium-term cooperation,” Alexander Lukashenko said...

Belarus to bid to host Planetary Congress of Association of Space Explorers in 2018
The developed concept for the video presentation is aimed at demonstrating Belarus as a space power, the achievements of the Belarusian science in space activities, the participation of Belarusian nationals in the outer space exploration and also the readiness of the Belarusian infrastructure to host the 31st Planetary Congress of the Association of Space Explorers...

Belarus-Lithuania trade and economic cooperation discussed
The Belarusian-Lithuanian trade and economic cooperation, including the preparations for the 13th Belarusian-Lithuanian economic forum, were discussed at the meeting between Ambassador Extraordinary and Plenipotentiary of Belarus to Lithuania Alexander Korol and Lithuanian Vice Minister of Foreign Affairs Darius Skusevicius...

Belarus, Poland discuss cooperation in agriculture
Cooperation in the farming sector was considered at the meeting with Polish Minister of Agriculture and Rural Development Krzysztof Jurgiel...

Belarus, Egypt to work out agricultural cooperation roadmap
"We have agreed to work out a so-called roadmap to boost cooperation in the farming sector in order to implement all the things discussed today,” the minister stressed...

Belarusian Gomselmash starts exporting heavy-duty grain harvesters
The Palesse GS16 harvester can harvest fields with the crop yield of up to 120 centners per hectare. The harvesters were made for Russia’s Tatarstan. Gomselmash will ship 11 harvesters in this batch. Up till now the Palesse GS16 harvester has been exported as singletons only. Three harvesters have been dispatched already. The other ones will be dispatched on schedule in February"...

Orsha Linen Mill to ship first batch of fabric to India
“We have signed a big contract with an Indian textile company involved in wholesale and retail trade. They offer fabrics from all over the world. The negotiations were long, and we took into account all demands of our partners. We have agreed that the Indian company will buy $1 million worth of our products"...

MAZ buses among top sellers in Russia
The Belarusian buses are popular in Russia due to their high quality and reasonable price. “MAZ buses are easily recognizable in Russia. They are often chosen as municipalities upgrade their vehicle fleets. The Belarusian vehicles are easy to operate and undemanding. We were among the first to market Euro-6 compliant vehicles and to refresh the interiors. The latest models of buses are on par with European ones,” MAZ specialists said...

Geologists plan to continue looking for diamonds in Belarus
Diamond-bearing rocks have not been found in Belarus yet. However, geologists believe it is likely that there are such rocks in Belarus...

Belarus plans to involve investors in platinum exploration, development
“The deposit is a promising one as it has a considerable content of precious metals. A decision has been made to sign a concession agreement with private companies for mine planning and development of the deposit, since it is not among the country’s mineral development priorities,” Sergei Mamchik explained...

Middle East shows interest in Belarusian peat, sapropel
"We are currently busy with developing peat and sapropel projects. The United Arab Emirates, Qatar, Saudi Arabia and other countries of the region are showing interest in farming. The corresponding programs have been adopted in the countries,” noted Sergei Mamchik...

Yuzhno-Shatilkovskoye oilfield in Belarus estimated at over $100m
In recent years, specialists of the National Research Center for Geology and Belorusneft have discovered a number of new oil deposits in Belarus. For example, the recoverable reserves of the Yuzhno-Shatilkovskoye oilfield are estimated at more than $100 million. The exploration works have already been completed in this field. The drilling of one well cost some $2-2.5 million...

Belarus’ oil reserves enough to last another 35 years
“The main task is not just to maintain the current oil production at some 1.6 million tonnes per year, but even to increase it,” the specialist stressed. To secure an increase in oil production, Belarus will launch new geological exploration activities and start commercial development of new oil deposits, including the hard-to-access ones...

Potash development projects worth over $3bn underway in Belarus
“Investment projects to boost potash production worth more than $3 billion are currently underway. Among them are the projects to develop the Petrikov potash salt deposit (Belaruskali) and the new sections of the Starobin deposit (Slavkali),” Sergei Mamchik said...