Business news

Businessmen of Belarus, US state of Utah to strengthen cooperation
The parties discussed prospects for the development of cooperation between Belarus and Utah and opportunities for establishing contacts between the business circles...

Bach: Belarusian agricultural products may take a niche on the European market
"Belarusian products are in demand both in Europe and worldwide. If you develop your export potential, it will contribute to the wellbeing of your people. Many products meet international standards, and we will help promote them"...

Kobyakov: Belarus, Russia always resolve emerging issues like partners
"The Belarusian-Russian interaction has deep economic roots. Russia accounts for 50% of Belarus’ foreign trade. For the huge Russia, a relatively small Belarus might not seem so significant. But I would like to note that out of all countries Belarus is Russia’s fourth largest trading partner after China and Germany"...

Belarusian enterprises urged to respond quickly to changing conditions on foreign markets
“Belarusian companies and enterprises are not always ready to accept their partner’s proposals, to offer profitable, well-elaborated projects compliant with international standards, and set out a clear action strategy for a specific market,” Vladimir Makei said...

Belarusian development bank eager to partner with Qatar Investment Authority
"During negotiations we intend to arrange a presentation of the Development Bank of the Republic of Belarus and invite the agency to invest in our financial instruments. We would also like to be a partner of the Qatar Investment Authority when the agency implements any projects in Belarus including infrastructure projects and commercial ones,” said Sergei Rumas...

Belarus seeks participation in Qatar’s infrastructure projects
“Belarus shows big interest in infrastructure projects in Qatar. Construction projects are underway across the whole Doha, mainly due to the FIFA World Cup which Qatar will host in 2022. The country is building football arenas and associated infrastructure. Belarusian companies are interested in the projects of the kind,” Roman Golovchenko...

Belarus, Qatar discuss new investment projects
“Qatar is one of the largest investors in the Belarusian economy among the Arab states of the Middle East. To a large extent it is so because Qatar believed that Belarus has good investment prospects and has a rather positive view of the further cooperation,” Roman Golovchenko said...

Belarusian MAZ, BelAZ working to sell vehicles to Qatar
“The market may not exactly fit BelAZ’s profile since there are no open-pit mining operations here where haul trucks are usually used. At the same time a great deal of work involving soil excavation in the course of major construction projects is being done here. The possibility of selling MAZ vehicles is under consideration as well"...

CIS Heads of Government Council passes long-term energy production, consumption forecast
The energy resources production and consumption forecast relies on a conservative development scenario and on a target-oriented one, with milestones set every five years till 2030...

Belarus calls for more effort to develop CIS agreement on free trade in services
“I call upon the relevant agencies of the CIS states to work harder on the agreement and come up with a common approach at last,” said Andrei Kobyakov. “The CIS Executive Committee could pitch in, too”...

Call for coherent industrial policy in EEU
"The only way to transform the EEU into a center of economic power is to develop advanced production facilities based on cooperation. In theory, this idea is supported by all. Where is its practical implementation?” Alexander Lukashenko noted...

Lukashenko: CIS facing difficulties in implementing FTA
"Within the framework of the free trade agreement we have embarked on two major tasks: building a single market for public procurement and building the foundations of a market for free trade in services,” Alexander Lukashenko said...

Lukashenko calls for stronger coordinating role of sectoral bodies in CIS
Belarus President Alexander Lukashenko said as he met with the heads of the government delegations of the EEU and the CIS member states in Minsk...

Belarus president in favor of major CIS space exploration project
"Our scientists view cooperation in researching and using outer space for peaceful purposes as a factor conducive to the development of scientific, technical, and innovative cooperation. Such cooperation could rely on a major joint space exploration project to be implemented by pooling resources of the CIS states"...

Lukashenko wants economic considerations to underpin decision-making in CIS
“In Bishkek the heads of state gave governments a signal to seek new impetus for the CIS development, to make the CIS bodies more efficient. We should leave behind everything unnecessary and ineffective,” Alexander Lukashenko noted...

Belarus, Kazakhstan sign roadmap for cooperation 2017-2018
The document was signed by Belarus’ First Deputy Prime Minister Vasily Matyushevsky and First Deputy Prime Minister Askar Mamin of Kazakhstan...

Belarus advocates level playing field for economic entities in EEU
According to Andrei Kobyakov, thanks to the constructive position the economic entities concerned have found a mutually acceptable solution to the issue of application of anti-dumping duties against ferrosilicon manganese imported into the customs territory of the EEU...

Belarus wants equal gas prices prior to common electricity market in EEU
Belarus’ Deputy Energy Minister Leonid Shenets noted that Belarusian consumers pay for gas 2.5 times more than Russian enterprises. Meanwhile, the share of fuel in the electricity generation costs reaches 70%...

EU plans to seek closer cooperation with Belarus in energy
Topical area of cooperation between the EU and Belarus is the fight against illegal migration and cross-border crime. In this regard, Andrea Wiktorin noted that the parties signed a partnership agreement in the field of mobility in October...

China to get Belarusian beef in early 2017
A team of Chinese experts is examining four Belarusian meat-processing enterprises in Brest Oblast, Grodno Oblast, Minsk Oblast, and Mogilev Oblast in order to certify the manufacturing facilities...