Business news

Belarus’ grain harvest past 10m tonnes
Minsk Oblast tops the chart with 2.7471 million tonnes of grain threshed. It is followed by Grodno Oblast with 2.2619 million tonnes, Brest Oblast with 2.0754 million tonnes, Mogilev Oblast with 1.1047 million tonnes, Gomel Oblast with 980,700 tonnes, and Vitebsk Oblast with 860,200 tonnes...

Belarus, St. Petersburg sign documents on cooperation
The parties signed memorandums on cooperation as part of the programs to upgrade St. Petersburg's transport system and supply utility vehicles for city's housing and utilities services...

PM: Belarus, St. Petersburg need to put in more effort in expanding industrial cooperation
“Belarus is interested in stable and consistent development of relations with St. Petersburg. We are ready to discuss any issues, consider specific proposals related to bilateral cooperation,” the Belarusian head of government remarked...

PM: Momentum in trade between Belarus, St. Petersburg continues
He hailed the cooperation with the St. Petersburg Tractor Plant as Belarusian enterprises are starting using new components and parts to manufacture tractors...

Lukashenko comments on mutual settlements issue with Vietnam
"We will keep it up. As far as our trade and economic cooperation is concerned (this is the core of our relations), in 2023 we made great progress and our trade exceeded $250 million,” the head of state said...

Lukashenko meets with Vietnam's PM on margins of BRICS summit
Aleksandr Lukashenko met with Vietnamese Prime Minister Pham Minh Chinh...

Belarus, Russia’s Oryol Oblast sign roadmap for cooperation
In particular, Belarus and Oryol Oblast are interested in developing cooperation in microelectronics, the automotive industry, utility vehicle engineering, the production of refrigeration and pumping equipment...

Belarus, Jordan sign MoU on air services
A Belarusian delegation headed by Director of the Aviation Department Igor Golub attended the ICAO Air Services Negotiation (ICAN2024) Event in Kuala Lumpur, Malaysia...

IMF upgrades Belarus’ economic outlook
The IMF projects Belarus’ GDP to grow by 3.6% in 2024 and 2.3% in 2025...

Belarus continues cooperation with countries of Asia, Africa in civil aviation
Belarus has signed agreements in civil aviation with Saudi Arabia, Kuwait and Morocco...

Belarus keen to expand investment cooperation with China’s Jiangxi Province
During the visit, Ambassador Aleksandr Chervyakov, as part of a delegation of heads of foreign diplomatic missions accredited in China, met with Governor of Jiangxi Province Ye Jianchun...

Belarus, Laos agree to expand mutual agricultural supplies
Ambassador Extraordinary and Plenipotentiary of Belarus to Vietnam and concurrently to Laos Vladimir Borovikov met with Deputy Minister of Foreign Affairs of Laos Bounleua Phandanouvong during his visit to Vientiane...

Belarus, China launch new contest of projects in science
The contest envisages three areas: information and communication technologies, advanced production technologies, and new materials. Plans are in place to select three large-scale joint projects to ensure the development of advanced technologies, organization of joint ventures or centers of industrial technologies...

Snopkov: Belarusian economy is gaining momentum
“Despite the external risks, we are not straying from the planned path, and next year the economy is planned to grow above the world average by 4.1%, as it was the case over the past two years,” he said...

Cooperation with China seen as instrumental to Belarus’ technological modernization
According to him, a number of Chinese developments are being introduced and tested to produce individual units of Belarusian machinery. A lot of projects are in the pipeline, in particular, 15 new major technological projects worth up to $3 billion...

Belarus’ export to Africa up 4 times since 2024 year-start
“As for Africa, exports there have grown almost 4 times in January-August 2024 this year, amounting to $497 million. This is a record-high figure that exceeds the annual performance of all the previous years,” the first deputy prime minister said...

Snopkov praises Belarus’ competitive ability, focus on innovation
Nikolai Snopkov named three areas to further improve the competitiveness and innovativeness of the Belarusian economy...

Snopkov: Belarus' economy growing above global average for second year
"In January-September of this year, the economy rose by 4.5%, exceeding the government's annual target of 3.8%"...

First vice premier names key sources for investment in Belarus
"A double-digit investment growth rate was ensured in late 2023. The positive trend continues in the current year. In January-September 2024, investment growth made up 7.6%, with the annual target of 3.9%"...

Snopkov: Belarus’ foreign trade growing despite sanctions
"As a result, this year we are approaching the target of the five-year plan: $50 billion in exports"...