Business news

Belarus, India working hard to raise bilateral trade to $1bn
The Ambassador said that Belarus is one of the 25 countries, which India invites to participate in domestic programs. The list has not been compiled for the sake of giving some preferences, explained Pankaj Saxena. These are countries of interest for India, said the diplomat...

India ready to partake in potash production in Belarus
“Belarus is a big producer of potash fertilizers. India should ensure food security for its more than one billion population, and potash fertilizers play an important role here,” said Pankaj Saxena...

EBRD plans to adopt country strategy for Belarus in autumn
“The country strategy for Belarus has been prepared in several versions. They are under discussion. Now we have the holiday period. This work will be continued in September. We all expect that the strategy will be adopted in the autumn,” Valdas Vitkauskas said...

PM: Belarusian economy showing signs of growth recovery
"It is fair to point out that there is a healthy recovery trend. We strictly follow the established rules, live within our means. The economy is balanced, social guarantees are fulfilled,” Andrei Kobyakov said...

Belarus, Kazakhstan, Republic of Korea sign memorandum on Eurasian spatial data infrastructure
The Eurasian technological platform is needed to enhance the efficiency of cooperation between all stakeholders on the basis of the member-states’ potentials with a view to stimulating mutually beneficial innovative development and increasing competitive edge of the national economies...

More vigorous Belarusian-Indian cooperation in pharmaceutics suggested
The Chairman of the Council of the Republic of the National Assembly of Belarus drew attention of representatives of the Indian company to the need to step up cooperation in making medications, in particular, by expanding the lineup of medications made in Belarus...

Belarus, Austria to discuss joint projects in pulp and paper industry
The talks will highlight the implementation of joint projects aimed at the development of cooperation ties and attraction of investment in production, and also the expansion of sales networks for new products...

Fitch affirms Belarus at 'B-'; Outlook Stable
Fitch Ratings has affirmed Belarus’ Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'B-' with a Stable Outlook. The Short-Term Foreign-Currency and Local-Currency IDRs are affirmed at 'B'...

Belarus, Russia to set up big machine-building cluster in Vologda Oblast
The cluster will produce specialized tractor equipment for the agricultural industry, construction and municipal sectors, forestry industry. A wide range of projects will be developed...

Indian businessmen interested in opening Ayurvedic center in Belarus
The two parties believe that the list of commodities supplied to the markets of the two countries could be greatly expanded. It was noted that Indian business is greatly interested in the Belarusian market...

IAEA mission to assess regulatory infrastructure in Belarus on 2-14 October
The creation of an integrated Gosatomnadzor management system in compliance with IAEA safety norms will remain high on the agenda...

Tajikistan interested in buying more Belarusian agricultural machines
Ambassador Extraordinary and Plenipotentiary of Belarus to Tajikistan Oleg Ivanov met with Chairman of the Board of the Eurasian Development Bank (EDB) Dmitry Pankin and Deputy Agriculture Minister of Tajikistan Zevarsho Zevarshoyev...

Lukashenko suggests discussing liberalization of legislation for rural tourism sector
Belarus President Alexander Lukashenko inspected the development of rural tourism on the example of the private enterprise Green Club which is very popular with tourists from other countries...

Vitebsk Oblast urged to adapt its agriculture sector to natural conditions
Belarus President Alexander Lukashenko said when talking to journalists during the working trip to Vitebsk Oblast. The head of state believes that 2016 was good for agriculture in terms of the weather...

More Belarusian homes to be built in Russian Kaluga in September
According to the source, Belarus’ top civil engineering contractor MAPID intends to start building a house in Kaluga in September. Two Belarusian integrated home-building factories are now working over there. “MAPID worked in the area in the past and is coming back now. We will virtually begin building a new Belarusian block in Kaluga where MAPID and other companies will work,” noted Anatoly Cherny...

EDB interested in transport infrastructure, alternative energy projects in Belarus
"There is excellent infrastructure in Belarus, particularly the motorways. They are of European quality and Belarusians build them using their own resources and assets. The advantage should be exploited. It is necessary to build logistics hubs, parking lots, and warehouses. Private investments could come in handy,” Timur Abdullakhanov said

Lukashenko urges to ramp up meat, dairy production in Vitebsk Oblast
President Alexander Lukashenko said during the visit to the Braslav affiliated branch of Glubokoye Dairy Canning Factory...

Belarus offers nearly 200 investable innovative projects to China
“The forum will feature more than 200 Belarusian projects. We are interested in attracting investment in them. These projects cover almost every area, including medicine, nanotechnologies, and mechanical engineering,” said Alexander Shumilin...

Belarus, Ecuador plan to start assembling buses, trucks
During the meeting, the parties discussed prospects for bilateral cooperation in the field of industrial cooperation. Special attention was paid to the implementation of the projects in Ecuador such as the creation of the joint facility to assemble buses and trucks with the participation of Minsk Automobile Plant (MAZ trademark)...

Belarus, China mulling over joint design institute
Anatoly Kalinin took note of Belarus’ great interest in the development of a joint institute together with Chinese design organizations. The institute will help expedite the implementation of joint projects in Belarus...