Business news

Japan carries out 36 projects to supply medical equipment to Chernobyl-hit regions of Belarus
“The relations between Belarus and Japan have been developing rapidly. Every year Belarus gets financial assistance under the Grant Assistance for Grassroots Human Security Projects program of the Japanese government,” the diplomat said...

Belarus’ first long-distance oil product pipeline commissioned
According to the source, late December 2016 saw the completion of the first part of the long-distance oil product pipeline that will connect Novopolotsk and Fanipol in the future...

Mogilev named Belarus’ most attractive free economic zone for FDI
Investment projects with the total declared investment volume in excess of €1.1 billion are being implemented in the free economic zone Mogilev. In 2016 FEZ Mogilev accounted for over 32% of Mogilev Oblast’s industrial output, about 48% of the oblast’s export, and 23% of the fixed-capital investments...

Arms expo MILEX 2017 to showcase two Belarusian armored personnel carriers
A family of armored personnel carriers made by enterprises run by the State Defense Industries Committee of Belarus and other Belarusian defense contractors will be rather well represented during MILEX 2017. OAO Minsk Wheel Tractor Plant (Volat trademark) and OAO 140 Repair Plant will arrange a public presentation of the armored personnel carriers...

Bobruisk Plant of Tractor Parts and Units ships first batch of tractors to Bangladesh
Corona Industries Limited, the Bangladeshi partner of the Belarusian plant, has ordered six tractors, attached implements, and a set of spare parts. The parties agreed to start a three-month road show of the Belarusian tractors in March to get familiar the potential buyers with the new BELARUS tractor models...

Belarus, Venezuela discuss performance of joint companies
“The parties discussed the state and prospects of bilateral cooperation, results of joint projects, ways to intensify the activity of joint companies,” said the ministry...

Belarus, Rosatom set BelNPP construction tasks for 2017
The meeting considered the status of construction of the nuclear power plant, the delivery and receipt of the equipment, the quality of the works, the results of control (supervision) activities, and other issues. The meeting adopted the decisions regarding all the issues and set the tasks for 2017...

Construction of mining, processing factory by Belarusian companies in Turkmenistan discussed
While in Turkmenistan the Belarusian delegation visited the construction site of the Garlyk mining and processing factory. A conference was held at the site to discuss ways to stay on schedule of construction, startup and commissioning work taking into account the final stage of the construction project...

China invites Belarus to One Belt, One Road forum
Belarus’ participation in One Belt, One Road high-level forum was on the agenda of the meeting between Ambassador Extraordinary and Plenipotentiary of Belarus to China Kirill Rudy and Director General of the Department of International Economic Affairs of the Chinese Ministry of Foreign Affairs Zhang Jun...

Belarus to take part in 12 tourism exhibitions abroad in 2017
In February the Belarusian tourism will be on display in Tel Aviv and Tallinn. March will feature five exhibitions: in Berlin, Kiev, Beijing and two in Moscow. The Belarusian tourism industry will be demonstrated in Minsk, Baku and Shanghai in April, and in Frankfurt in May...

Prime ministers of Belarus, Serbia open Dana Mall complex in Minsk
As far as the development of bilateral relations is concerned, Belarus attaches special significance to the implementation of investment projects. “Favorable conditions for the development of Serbian business have been enabled in Belarus,” stressed the Prime Minister. For instance, two major Serbian investment projects — Mayak Minsk and Minsk World — are being successfully implemented in Belarus"...

Resident company in Belarus’ Hi-Tech Park raises $35m in investment
The main investor is the company Georgian Partners. The investors also include a number of funds such as Mohr Davidow Ventures, iNovia, Nokia Growth Partners (NGP), Greycroft and RTP Ventures...

Number of resident companies in China-Belarus industrial park Great Stone to double in 2017
“It is necessary to at least double the number of residents in the park in 2017. Tripling their number is our ultimate goal. If we do this, it should bring at least $100 million in investments to Belarus,” noted Alexander Yaroshenko...

Belarus ready to share advanced agricultural technologies with Mongolia
"Having a well-developed agricultural industry, Belarus looks forward to working closely with Mongolia, including in the application of advanced technologies in the production, processing and storage of agricultural products, both crop planting and livestock breeding”...

Belarus gearing up to host IAEA EPREV mission
The meeting focused on preparations for an EPREV mission and the national mechanism of emergency preparedness for nuclear accidents. The participants also reviewed the status of the construction of the Belarusian nuclear power plant and the country’s nuclear program...

Lukashenko calls to join efforts to solve difficult tasks in economy
"We will not be dragged into fighting. Belarus is a peace-loving nation. Maybe, God set these difficult tasks for us to understand what independence is. Only by joint efforts we can prevail. Thank God, the economy is the main field of our fight for independence – there are no military and political issues,” Alexander Lukashenko said...

Belarus, Poland discuss political, economic, cross-border cooperation
Belarus-Poland political, economic and cross-border cooperation was discussed at the meeting between Belarus’ Ambassador to Poland Alexander Averyanov and Polish Deputy Minister of Foreign Affairs Marek Ziolkowski...

Belarus, Serbia sign roadmap for cooperation in 2017-2018
The roadmap includes more than 50 events. The two countries shall organize regular meetings of the intergovernmental Belarusian-Serbian commission for trade and economic cooperation, conduct business meetings on cooperation between the chambers of commerce and promote mutual supplies of food products...

Belarus ready to step up machinery exports to Serbia
Andrei Kobyakov said that the talks were frank and open. The parties signed a roadmap for the development of cooperation in 2017 and 2018 and a set of documents on bilateral cooperation in military affairs, healthcare, sport and tourism, and interregional cooperation...

Belarus Prime Minister sees $500m in trade with Serbia as achievable goal
To attain the objective, Belarus invites Serbia to step up the cooperation in investment, science and technology. Andrei Kobyakov said that joint events and projects will enable the two countries to use the advantages of both of them and boost revenues. He pointed out that it is time to launch direct supplies of goods between Belarus and Serbia without intermediaries, including through establishment of joint trade and investment companies...