Business news

Belarusian Industry Ministry, Chinese Zoomlion to implement joint mechanical engineering projects
During the visit of the Belarusian delegation led by the Belarus president to China the Industry Ministry and Zoomlion signed a roadmap for long-term cooperation. The document includes MAZ, MTZ, Gomselmash, and Strommashina...

Over 30 companies willing to become residents of China-Belarus industrial park
“The park, which is often called ‘the pearl of the Silk Road’, is the driving force of the economic cooperation between our countries. The infrastructure of the first phase of the Great Stone project is currently under construction. This year, we will finish the work on the starting area of the park,” Andrei Grinkevich said. He invited Chinese companies to invest more in Belarus...

China’s Guangdong Province plans to invest in projects of Great Stone industrial park
The Department of Commerce of Guangdong Province and Belarus’ Industrial Park Development Company signed a memorandum of cooperation. A protocol of cooperation between Guangdong Illuminating Electric Appliance Association and Belarus’ Industrial Park Development Company was also inked on 13 October...

European Union resuming trade dialogue with Belarus
"Over the last few months our relations improved considerably in general. The fact that we are starting a dialogue on trade affairs, which is one of the number of branch-wise dialogues, is a very important step forward,” Andrea Wiktorin said...

Russia’s Kurgan Oblast invites Belarus to cooperate in agriculture, manufacturing, medicine
"We would like our enterprises to conclude agreements to launch service maintenance in Kurgan Oblast. Thus, we would meet the demand of Ural Federal District and resume the sales of Belarus tractors,” Aleksei Kokorin said...

Belarus, Kyrgyzstan discuss cooperation in organ transplantation, heart surgery
The parties also talked about the participation of a Kyrgyz delegation in a regional conference to be held in Minsk on 2 and 3 November. The conference will discuss ways to improve access to cheap, high-quality antiretroviral and antituberculosis drugs in the countries of Eastern Europe and Central Asia...

Belarus’ central bank chief meets with Prince Michael of Kent
The parties exchanged views on the prospects of the Belarusian-British cooperation in the financial, economic and banking areas, including the ways of attracting the British capital into the banking system of Belarus...

Belarus looks forward to further cooperation with Interstate Aviation Committee
"Belarus attaches special attention to the aviation sector: the national airport has been upgraded, Belavia company has been developing, the construction of a new aircraft repair plant is in progress"...

Amkodor to launch three large contracts with China’s CITIC Group, Sinomach by year-end
"One of the contracts envisages the construction of the Amkodor-Mash plant in Kolodishchi, Minsk District to manufacture special-purpose equipment, such as front-end loaders and tractors with a capacity of 300 to 500 hp,” Igor Kayuda said...

Belarus, Russia’s Jewish Autonomous Oblast to strengthen industrial, agricultural cooperation
“The parties discussed current issues of bilateral cooperation and considered ways to expand and strengthen cooperation in agriculture, manufacturing industry, servicing of Belarus-made vehicles and equipment, construction, freight and passenger transportation, and organization of direct supplies of food and light industry products to the market of Jewish Autonomous Oblast”...

Chinese investors to build commercial dairy farms in Vitebsk Oblast
According to the Governor, the construction of three dairy farms is the first stage of cooperation with China in the sector. The parties are mulling over the construction of dairy farms in Ushachi, Shumilino and Rossony Districts...

Creating opportunities for investors named priority of Gomel Oblast investment policy
Vladimir Dvornik said that the local authorities are on a constant search for new partners and new markets. Barriers to trade and technology, investment and labor are removed...

Investment forum in Mogilev to bring together businessmen from over 40 countries
The forum will draw investment to the region, boost exports, improve the competitiveness of the products of the enterprises of Mogilev Oblast, and help establish economic ties...

Belarus to adopt green economy action plan by year-end 2016
“Energy security and environment are the focus of talk at many international summits. Belarus has also been paying much attention to this topic. A national action plan to introduce green economy principles in Belarus will be adopted by the end of the year,” Iya Malkina noted...

Belarus to stop importing electricity starting from 2019
“Starting from 2019 there will be no imported electricity in the electricity consumption mix of the country. We will reduce it to zero. Until recently, we imported up to 7 billion kWh, which accounted for a significant share in the electricity consumption mix of the country,” Vladimir Potupchik said...

EXIAR spends heavily to support Belarusian-Russian projects
“We are interested in integrated projects that will advance the country’s development. This is why apart from major infrastructure projects we lend a helping hand to manufacturing cooperation between Belarusian and Russian companies,” stressed the EXIAR Director General...

Belarusian national electrical company, Siemens sign strategic partnership agreement
The document was signed by OOO Siemens Technologies Director General Maxim Zubov and Belenergo First Deputy Director General, Chief Engineer Alexander Sivak...

Minsk to host MILEX 2017 expo on 20-22 May
The eighth international armaments and military hardware expo MILEX 2017 will be held in Minsk from 20 to 22 May 2017, reads executive order No.429p signed by Belarusian Prime Minister Andrei Kobyakov on 10 October 2016...

Belarusian nuclear power plant to start installing reactor vessel in late 2016 at the earliest
Vladimir Potupchik said: “The manufacturer is about to finish testing the reactor pressure vessel. The vessel is supposed to be sent to our construction site in October. We intend to use it as part of the first power-generating unit”...

Russian-Belarusian venture investment fund at $20m
Belarus and Russia have already agreed on priority areas for cooperation: energy, instrument-making, biotechnology, security systems, microelectronics, and mechanical engineering...