Business news

9 Apr 2018

S&P affirms Belarus 'B/B' ratings
"The stable outlook reflects S&P’s expectation that Belarus' external imbalances will moderate while the fiscal stance remains comparatively tight over the next 12 months"...

9 Apr 2018

Opinion: Being dependent on one market is not good for Belarus’ economic security
Belarus’ social and economic development program by 2020 provides for the measures to diversify foreign trade with the equal distribution of exports across the markets of the EAEU-EU-other countries...

9 Apr 2018

Good growth opportunities for Belarus’ exports to Europe
The EU market offers huge opportunities as over 500 million EU citizens form a large market of corporate and retail customers, he stressed...

9 Apr 2018

Growing variety and quality of Belarus' exports noted
In his words, the exports of every commodity group posted an increase. The energy exports went up by $2 billion (up by 42.8%). The exports of mechanical engineering products rose by $1.6 billion (21.7%)...

7 Apr 2018

Belarusian confectionery export nearly 50% up in January-February
The export increase is attributed to the retooling of manufacturing facilities and the balanced and coordinated policy of commercial and foreign economic divisions of the enterprises. The Belarusian confectionery producer Kommunarka is among the industry’s leaders...

7 Apr 2018

Construction of MAZ-Weichai engine factory begins in China-Belarus industrial park
The factory will make diesel engines for trucks, buses, and utility vehicles. The factory is designed to make up to 20,000 engines per annum...

6 Apr 2018

Belarus-China aviation company set up in Great Stone industrial park
Yuri Leonovets, director general of the new Belarus-China company, said the enterprise will design its own high-technology products and launch the serial production of both its own developments and those of AVIC...

6 Apr 2018

Belarus, Russia set to create common dairy market
"We will analyze production costs in Russia and Belarus, look through the whole list of companies processing milk, examine the background in using technologies in the recent years, and take other measures"...

6 Apr 2018

Belarus signs $100m dairy contracts with China
It is not easy to enter the Chinese market, the minister said. To coordinate the work, Belarus and China are setting up a joint venture in Shanghai, which will operate the supplies of Belarusian products to the Chinese market...

6 Apr 2018

Call for clear strategy to ramp up Belarus’ pharmaceutical exports
"It is necessary to establish long-term trading relations with importers of Belarusian medicines and enter more markets. The head of state has set a task: our pharmaceutical exports must account for at least 50% of the total output by 2022"...

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