Business news

Rail administrations of Belarus, Latvia sign agreement on cooperation
The agreement on the transfer of cargoes, freight and passenger cars, containers between the Belarusian Railways and LDZ CARGO (a branch enterprise of the Latvian Railways)...

Minsk to host Belarus-China forum of venture capital investments
The agreement was reached at the meeting of Chairman of the State Science and Technology Committee Alexander Shumilin and Chief Executive Director of the Industrial Park Development Company Hu Zheng...

Belarus, Saudi Arabia discuss setting up joint scientific and practical centers
“The parties noted the positive dynamics of cooperation between the two countries in scientific and technical areas. Mikhail Myasnikovich proposed to consider the possibility of establishing joint scientific and practical centers in knowledge-intensive industries, particularly in pharmaceuticals, optoelectronics”...

Belarus, South Korea to cooperate in biotechnologies, ICT
The Chairman of State Science and Technology Committee of Belarus stressed that the economic development of Belarus and the Republic of Korea is not supported by natural resources and is aimed at the industry, high technology and active foreign trade...

Minsk to host Belarusian-Tatar polymer forum 5 July
“The Belarusian-Tatarstan polymer forum on 5 July will be attended by representatives of the enterprises affiliated with Belneftekhim Concern, the Industry Ministry, Belresursy Holding Company, the Ministry of Agriculture and Food and other companies”...

Rapota: Belarus and Russia need to improve their investment climate
“It is highly important to pay attention to the development of science and technology, create a good investment climate. These are the tasks for Belarus and Russia”...

Lukashenko: Belarusian model has proven effective
“The Belarusian model has proven effective. We have built a solid social, economic and legal basis for our sovereignty,” the head of state noted...

Agro-towns to become backbone of agro-industry in Belarus
“We have created 1,500 agro-towns where people will live. These agro-towns provide all necessary conditions for living. We will improve them during the ongoing five-year period and they will become the basis of the agrarian industry in the country,” Alexander Lukashenko said...

Gansu Province signs eight cooperation agreements in Minsk
The documents were concluded after the meeting between Belarus’ Vice Premier Anatoly Kalinin and the Chinese delegation led by Wang Sanyun, Secretary of the Gansu Provincial Committee of the Communist Party of China, in Minsk...

Belarus shows interest in joint investment projects with Germany
On 30 June the Economy Ministry played host to a meeting of Economy Minister Vladimir Zinovsky and First Deputy Economy Minister Alexander Zaborovsky with a delegation of the Association of German Chambers of Industry and Commerce led by Deputy CEO Treier Volker...

Saxony eager to cooperate with companies of Belarus’ Hi-Tech Park
The German MPs and businessmen met with senior executives from the administration of the Hi-Tech Park and paid a visit to the business incubator...

Grodno Oblast, China’s Gansu Province find new points of contact
“The main purpose of our visit is to step up and enhance practical cooperation. I would like to thank the Grodno Oblast authorities for the great attention they pay to the development of the bilateral relations and the support they give to our initiatives"...

Belarus, Czech Republic mull over €500m investment projects
"It is of high importance that in the new geopolitical realities our counterparts from the EU member states, and first of all from the Czech Republic, view Belarus as a reliable partner which is open to dialogue and are ready to search for new forms of cooperation"...

Belarus advised to speed up reforms in SOE sector
“The reforms need to provide for the development of private companies and guarantee equal opportunities to all the companies. This issue is complex and requires continuous evaluation and analysis"...

Belarus negotiating gas price with Russia's government
Vladimir Semashko pointed out that reducing the price of natural gas for Belarus is a way to cut the prime cost of the products of Belarusian enterprises...

IMF: Redenomination will make daily life in Belarus simpler
"At least it will be much easier for the IMF mission to perform calculations when four zeros are removed,” Peter Dohlman noted...

IMF predicts gradual recovery of Belarus’ economy in 2018
IMF Mission Chief for Belarus Peter Dohlman told reporters on 30 June. He believes that the main task for the government today is to create conditions for strong economic growth...

Belarus, Portugal mull over joint business platform for investment cooperation
“Belarus’ economic presentation, the first one in the history of Belarus-Portugal cooperation, was held at Porto Business School that is among the top 50 business schools in the world"...

Governor: Belarusian farm equipment is highly popular in Ryazan
“Ryazan Oblast maintains long-standing friendly relations with Belarus. Today's trade exceeds $80 million. Many of our companies have established direct contacts with Belarusian counterparts to enjoy close trading ties,” said Oleg Kovalyov...

Belarus, Kazakhstan set to bring joint products to EU market
“Today we witness a rapid development of the cooperation between Belarusian and Kazakhstani businessmen. Belarusian business delegations visit Kazakhstan every year, and we host delegations of Kazakhstani entrepreneurs in Belarus,” Vladimir Ulakhovich noted...