Business news

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...

Belarus plans to boost export of medicines to Africa, Southeast Asia
Belarus has made the first shipments to these regions. However, the export is insufficient at the moment, Valery Shevchuk said. There is the potential to build up the pharmaceutics export. For example, the deliveries to Vietnam have been almost doubled...

Belarus’ output of knowledge-intensive products doubles over past five years
“Some 7,500 contracts with different clients to design knowledge-intensive products have been fulfilled in Belarus over the past five years. More than 1,700 international projects, agreements and grants have been implemented"...

Belarusian-Russian venture investment fund to select projects for implementation in February
The Russian delegation will be primarily focused on cutting-edge industries. Those are radio electronics, information technologies, biotechnologies, and nanotechnologies. “These are high-tech industries where we have world-level products,” explained the official...

Belarusian electric car to be presented by summer 2017
“The car will be based on a regular BelGee car. The electric equipment and the electromechanical part are completely made in Belarus. The prototype model is supposed to be ready by June-July,” said the official...

Belarus plans to launch new science contests jointly with China, Turkey
“We have plans to launch several new contests this year. We are currently in talks with the National Natural Science Foundation of China (NSFC). We are ready to negotiate the terms of a new joint Belarusian-Chinese competition in natural science"...

Belarusian-Chinese joint venture in Mogilev to make utility trucks for CIS, European Union
The Belarusian-Chinese joint venture is going to assemble automobile cranes, concrete pump trucks, mixer trucks, and municipal utility vehicles in Mogilev in the next few years. The company will start making other kinds of utility vehicles only after thorough deliberation and R&D...

Latvian ports ready to negotiate mutually beneficial terms for Belarusian cargo forwarders
Latvian Transport Minister Uldis Augulis told journalists following the meeting of the Belarusian-Latvian intergovernmental commission for cooperation in economy and science...

Belarus’ delegation to take stock of Belarusian construction projects in Ashgabat
The visit aims to take stock of the progress made in the projects to build the Garlyk mining and processing factory, the center of Belarusian equipment and a set of buildings for the Belarusian diplomatic mission in Ashgabat. The Belarusian delegation is also expected to discuss the expansion of bilateral cooperation...

Call for better using available infrastructure to develop digital government in Belarus
“Intermediate results of our work to introduce information technologies have been appreciated by the international community rather well. Belarus ranks 31st out of 175 countries in the development of information and communication technologies according to the International Telecommunication Union"...

Over 70 Belarusian producers to attend Prodexpo 2017 in Moscow
“The expo will widely feature Belarusian enterprises of meat-and-dairy, bakery, confectionery, alcoholic beverages and other industries. The expo is designed for professionals and focuses on long-term contracts on deliveries of foodstuffs to the Russian market,” the Embassy said...

Belarusian Belkommunmash to sell eight trams to Latvian Daugavpils
Belkommunmash has won a tender to sell trams to the Daugavpils city public transport company Daugavpils satiksme. “Now we intend to sign a contract on delivering eight one-section model 802 trams within eight months after the contract is signed,” noted Belkommunmash representatives...

Belarus president cracks down on grey schemes for exporting round timber
“If such cases happen, I would like us to end the discussion today. The state budget has to get everything it should get. Everything should be done properly and honestly,” stressed the Belarusian leader...

India invites Belarus to take active part in Make in India program
The diplomat said that the program is designed to attract foreign technologies and companies to India. “India invites Belarus to set up enterprises. Belarus is attractive for us as it has cutting-edge technologies and well-developed agricultural production sector, manufactures heavy-duty vehicles, and can become a partner in this India’s program,” Pankaj Saxena believes...

WTO eager to advance technical cooperation with Belarus
The sides discussed the state of affairs in negotiations on Belarus’ accession to the WTO. The WTO Director General was pleased with the considerable invigoration of the talks and confirmed his support for Belarus’ speedy accession to the organization. The sides were satisfied with last year’s progress in preparing Belarus’ documents for the WTO and the dissemination of parts of the draft report prepared by the relevant working group...

India maintains close interest in Belarusian potash industry
Ambassador Extraordinary and Plenipotentiary of India to Belarus Pankaj Saxena said at a press conference held to mark India’s Republic Day...

Belarus calls for fair trade, economic architecture in Europe
The diplomat stressed that the trade and economic architecture in the region should rely on a well-established legislative framework in the relations between countries and integration associations. It should allow for peaceful resolution of arising issues...

Belarus, Singapore to share experience of introducing digital technologies in construction
A delegation has arrived in Belarus from Singapore for the sake of sharing the experience of introducing BIM-powered digital technologies in civil engineering and negotiating further joint actions...