Business news

Vitebsk Hydroelectric Power Plant to join One Belt One Road initiative
“The Belarusian-Chinese relations have reached a higher level. Our company is working hard to promote them and facilitate the implementation of the One Belt One Road strategy"...

Belarus, Kyrgyzstan mull over joint milk producing company
“Belarus mainly supplies dairy products to our country, and we are putting forward a proposal of setting up joint companies on our territory to reduce prime costs,” said Zhumabek Asylbekov...

Belarus’ cooperation with international financial institutions discussed
The parties reviewed the cooperation between Belarus and Italy in trade, economic, investment, financial and banking areas, and also the interaction of Belarus with the international financial institutions...

IMF mission shows interest in Great Stone Industrial Park
“An IMF mission led by Peter Dolman has visited the Belarusian-Chinese Industrial Park Great Stone. During the visit, they were informed about the construction status of the park, its legal regime and the effort made to attract residents”...

Belarus cherishes its reputation as high-quality dairy producer
“Quality is expensive. Continuous control is needed to maintain the reputation we have won. In cases when some flaws are found at Belarusian enterprises, the Belarusian side imposes restrictions on domestic sales and exports until they are all removed", Alexander Subbotin said...

Belarus, Australia set to bolster trade, economic cooperation
The parties discussed a wide range of issues of bilateral relations. Special attention was paid to the strengthening of trade and economic cooperation, expansion of the practice of high-level visits, and development of cooperation between ministries of foreign affairs with a view to intensifying the political dialogue...

Belarus, Vietnam discuss joint ventures
During the meeting, the parties discussed current issues of bilateral economic cooperation, particularly, the establishment of joint ventures to assemble trucks and passenger vehicles...

Mogilev, Chinese Zhengzhou sign program of cooperation for 2016-2017
The document was signed by Chairman of the Mogilev City Hall Vladimir Tsumarev and Vice Mayor of the People's Government of Zhengzhou City Xue Yunwei...

BPC signs contract to ship fertilizers to India
The talks with the BPC’s long-term strategic partner in India, IPL, concluded on 27 June during a visit of the BPC representatives to New Delhi. The contract envisages the supply of potash fertilizers to the Indian market at the price of $227 per tonne...

Belarus focuses on green economy approach
“Today they are viewed as an instrument to secure sustainable development and environmental security of the country. More countries are focusing on the environmental policy with the shift to the model where ecology is considered an engine for growth,” Dmitry Matusevich noted...

Latvia’s Rezekne intends to strengthen ties Vitebsk via cross-border cooperation
"Now we have new areas such as energy efficiency, green technology. We need to develop joint projects and ideas in these areas of cross-border cooperation"...

Turkmenistan interested in Belarusian drones, dirigibles
In 2016 Turkmenistan bought batch-produced drones and started their batch production, too. The necessary licenses, manufacturing equipment, and documents were handed over...

Belarus, China to implement some 30 joint R&D projects
The list of such projects was adopted during the first session of the commission on scientific and technical cooperation of the Belarusian-Chinese intergovernmental committee on cooperation in Minsk on 24 June...

Belarusian Potash Company signs contract to ship fertilizers to Bangladesh
“We place significant emphasis on our cooperation with Bangladesh. Today, BPC is an indisputable leader on the promising market of this actively developing country. The ground for such results is the high quality of our products, efficiency, good logistics,” BPC Director General of BPC Yelena Kudryavets said...

Batura stresses importance of investment cooperation in Belarus-Germany relations
Germany is a major lender for Belarus. German companies account for a considerable share of direct investments in Belarus. There are over 360 companies with German capital registered in Belarus...

Lukashenko suggests economic cooperation as key avenue of interaction in SCO
The SCO has accumulated huge economic potential. Besides, the accession of such countries as India and Pakistan will enhance this potential even further,” the Belarusian leader said...

Belenergo, Slovenian Riko sign memorandum of understanding
During the session the sides discussed matters of bilateral cooperation, including interaction in agriculture, power engineering, production sector, transport, innovations, tourism and education...

Small businesses to buttress Belarusian economy against external shocks
By developing small business, the economy can be less affected by external shocks. It doesn’t mean that the development of small businesses will cross out everything we’ve done before. The strategic policy on developing basic enterprises, preserving them, increasing the output and quality of products...

Lithuanian specialists invited to continue consultations on Belarusian nuclear power plant in July
“The Belarusian side is ready to work together with Lithuania in nuclear energy matters within the framework of the efforts to create a joint agency for post-project analysis and possibly other aspects of the project just the way the Espoo Convention Implementation Committee has recommended,” stressed Marina Filipyuk...

Belarus invited to develop joint projects in agricultural processing with Russia
“We need to think about joining efforts (taking into account the untapped potential of Russia’s border oblasts) in order to develop big joint projects in agricultural processing. Here, Belarus can always count on Russia’s support. Russia has always supported the brotherly Belarusian people,” Alexander Surikov stressed...