Business news

Belarus, Turkey to cooperate in peaceful uses of nuclear energy
The agreement provides for advancing Belarus-Turkey cooperation in the sphere of fundamental and applied research and development with a view to using nuclear energy for peaceful purposes. Among other things Belarus and Turkey will work together to select construction sites, design, build, operate, modernize...

More Turkish companies encouraged to work in Belarus
Recep Tayyip Erdogan said: “Turkey is the country that has invested a lot of capital in Belarus and is ready to continue encouraging more Turkish businessmen to start working in Belarus and expand investment contacts”...

More Turkish flights to Belarus promised
The Turkey President said that ways to step up cooperation in transportation affairs had been discussed during the talks in Minsk. In particular, the Turkish side is interested in increasing the number of flights performed by Turkish air carriers to Belarus, including flights performed by private air carriers...

Lukashenko: We invite Turkish investors to Belarus
“We invite Turkish investors to Belarus. The Mogilev Free Economic Zone already has six residents from your country, and all conditions are in place for setting up a special industrial zone,” Alexander Lukashenko said...

Some 500 businessmen to attend Belarusian-Turkish business forum
“This is one of the largest forums. It will bring together some 500 participants from Belarus and Turkey. Around 200 representatives of the Turkish business elite have come to Belarus to take part in the event. They represent all the sectors of the Turkish economy,” Vladimir Ulakhovich noted...

Negotiations underway to sell Belarusian BelAZ trucks to Turkey
“We intend to return to the Turkish market with BelAZ vehicles soon. In the past we sold dump trucks with the carrying capacity of 35-40 tonnes. Now we are in negotiations to sell better trucks that will be able to carry 130 and 220 tonnes. The negotiations proceed vigorously. We are convinced they will succeed,” Vitaly Vovk said...

Erdogan: Turkey, Belarus can raise bilateral trade to $1bn
“I think that within a short period of time we will be able to lift the trade turnover to $1 billion, it is not that difficult,” the Turkish leader believes. He also mentioned the fact that the inflow of Turkish investments to Belarus is rather big. These figures are expected to increase thanks to the high-level visit of the Turkish delegation...

Belarus increases export of road transport services to Turkey in 2016
Belarus is negotiating with Turkish companies the ways to intensify cooperation in water transport, and river transport in particular, discussing investment projects that are under consideration...

Belarus eyes Turkey for MTZ, Amkodor assembly plants
“We believe that the level of our relations with Turkey should be much higher. We should enter a level of industrial cooperation to implement joint mutually beneficial projects in different countries, set up joint companies to produce goods necessary for a particular state,” Vladimir Makei noted...

Belarus, Latvia to step up cooperation in transport
“We need to find common interests with our neighboring countries, first of all in cross-border cooperation and infrastructure projects. The infrastructure – roads, border crossings – should facilitate the movement of people and goods between our countries”...

Belarus, Latvia plan to sign memorandum on strategic partnership in 2017
The draft of the memorandum was handed over to the Belarusian side during a meeting at the Belarusian Economy Ministry on 10 November. The document provides for cooperation in different fields, including trade, food industry, pharmaceutics, construction, animal health, transport, logistics, tourism, computer technology and education...

Hotel built with participation of Turkish investor to open in Ostrovets soon
The investment project in Ostrovets was implemented by the Turkish Sednat company. The investment made up about $12 million. Construction works have been completed, the six-storey building delivered. The 3-star hotel is slated for opening in mid-November...

Latvian businesses invited to become Great Stone residents
“Belarus is a good investment platform. We are building an industrial park in cooperation with China, and we invite all European companies, not only those of Belarus and China, to join the project. We would like to see Latvian companies in the park. Its residents are given good preferences”...

Call for new ways to raise Belarus-Ukraine trade to $8bn
“The fact that we are recovering now is important. We have the potential to restore the trade turnover we had in the past within the next two years,” stressed Vladimir Semashko...

Brest, Khmelnitsky intend to set up joint ventures in agriculture
This year the merchandise trade between Brest Oblast and Ukraine has been growing. Thus, in January-September, the region's manufacturers exported the goods to the tune of $48 million to the neighboring country...

Belarus, Ecuador seek to boost trade
The parties also discussed the issues related to the organization of direct deliveries of Ecuadorian products to Belarus and Belarusian goods to Ecuador, the exchange of business visits...

Belarus, Turkey to sign agreement on cooperation in science and technology
“The State Science and Technology Committee drafted an intergovernmental agreement with a view to establishing and further developing sci-tech cooperation between Belarus and Turkey in the scientific, sci-tech and innovative areas,” said Alexander Shumilin...

Belarus’ first reference energy-effective house in December
According to the source, a project is being implemented with assistance of the European Union and the UNDP to build three houses in Belarus that will provide a reference point with regard to energy effectiveness. The houses are located in Grodno, Minsk, and Mogilev. The house in Mogilev is supposed to be commissioned in December 2016...

Belarus may take part in modernization of Cuban steel manufacturers
This issue was on the agenda of the meeting of Belarus’ Ambassador to Cuba Alexander Alexandrov with director of the Mexican company BH Equipos de Mexico Jose Gonzalez in Havana...

Global Entrepreneurship Week in Belarus on 14-20 November
“This year’s forum is about innovative thinking, new thinking for business owners, and ideas to develop business, boost export potential, and launch new services and products. All the events will be practice-oriented”...