Business news

Rapota urges to expand opportunities for Belarus-Russia economic cooperation
According to him, now one of the topical issues of bilateral cooperation is the harmonization of the economic policies of Russia and Belarus. “We need to create an economic basis, which, in turn, will help develop cultural links on a wider scale"...

Belarus to sell tractors to Burkina Faso
“We can help the country develop its own infrastructure, develop agrarian industry. Moreover, our strategy is to bring Belarusian competitive industrial and agricultural products to new markets"...

Belarus’ export potential presented in Tanzania
The presentation was arranged as part of the international universal expo East Africa 2016 in the Tanzanian capital Dar es Salaam. Tanzanian foreign trade operators showed a strong interest in Belarusian tractors, dairy products, including baby food, and pharmaceutical products...

Central banks of Belarus, Latvia to arrange seminars, exchange programs
The directors of the central banks of Belarus and Latvia met on 14 July to discuss the expansion of interaction between the two banks. A memorandum of cooperation between the two banks was signed as a result of the meeting...

Belarusian BMZ to sell rolled steel to Western Europe’s largest processing company
According to the source, BMZ has signed a contract with a Dutch company. The volume of signed contracts is close to 20,000 tonnes per month...

Belarusian Potash Company, China reach agreement on 2016 contract price
“On 14 July, Belarusian Potash Company reached an accord with the consortium of Chinese buyers (Sinochem, CNAMPGC, and CNOOC) to set the contract price of $219 per tonne for potash exports to China, with the price being effective until 31 December 2016"...

Belarus to step up presence of small, medium enterprises in Slovakia
The Ambassador remarked that Belarus sells products made by Gomselmash and Amkodor to Slovakia. There are also dealers for enterprises with a medium output volume. Dealers have been found for Lidagroprommash and Bobruiskagromash...

Italians considering projects to implement in Belarusian FEZ Brest
Belarus and Italy have agreed to keep the project to set up an Italian Industrial District in the free economic zone Brest. A land plot has been allocated for Italian companies there in accordance with the framework agreement...

Grodnoinvest, Gansu Province Commerce Department sign memorandum of cooperation
“We would like to find our place in this project that aims to facilitate the movement of goods and services between China, Europe and Central Asia and use new opportunities to bolster the economic development of the region. Given the proximity to the EU border, Grodno Oblast has good prospects in this area"...

Mogilev, Moscow’s District establish sister-city relations
In the very near future the parties will give substance to the agreement by devising projects in various areas of collaboration, including economy...

Belarus’ Mogilev Oblast, Hungary intend to bolster economic ties
According to Mogilev Oblast Governor Vladimir Domanevsky, the dynamics of trade and economic cooperation between Mogilev Oblast and Hungary was positive in January-May: there was an increase in trade and exports...

Fitch affirms three Belarusian banks at 'B-'/Stable
“The Long-Term IDRs, Support Ratings and Support Rating Floors are underpinned by potential state support, in case of need, and are dependent on the level of the sovereign rating (B-/Stable)"...

Belkommunmash hybrid trolleybus enters passenger service in Moscow
The trolleybus can speed up to 60km/h. The body length is over 18 meters. It has 38 seats and can carry over 150 passengers. The operation in the testing mode will last till the end of the year...

Belarus, Japan mull over instrument-making cluster
"We have a number of reputable world-level private companies. We need to join their efforts and create something similar to the High-Tech Park. In this respect, Japan is a very good partner”...

Belarusian children's toys create a buzz on Japanese market
“For quite a long time we supplied laser equipment, began to deliver complex chemical fibers for the aerospace industry. Just recently we have introduced a new position - toys made in Kobryn"...

Makei: Belarusian exports have started to grow in value terms
“In the last three months the exports have been growing by $60 -70 million. It is not much but still it is growth. We want to see it as an encouraging trend”...

Belarus eager to sell more dairy products to China
At present 17 Belarusian dairy companies export their products to China. According to the Deputy Agriculture and Food Minister, another 20 companies are getting ready to get the right to sell milk powder, dairy products...

Six Belarusian companies receive CIS quality excellence awards
The Belarusian winners of the contest’s diploma are the companies OOO Frandesa, OOO Biocom, Lida Milk Plant, ZAO Belzarubezhstroy, the Minsk locomotive depot of the Minsk division of Belarusian Railways...

Lukashenko wants Belarus-Georgia trade quadrupled
“The President gave instructions to raise the trade turnover to $200 million. We are already making plans to arrange a full-scale national expo of Belarus as part of Expo Georgia in Tbilisi in early September. The Georgian private sector demonstrates a strong interest”...

Minsk Business Meetings scheduled for 28 October
“We have plans to bring together representatives of the business sector, financial institutions, banks and public figures. We need to discuss how to make our economy stable under the current conditions and overcome the difficulties that are facing the Belarusian economy and the economies of other CIS member states”...