Business news

Belarusian Gomel, Chinese Huaian to step up trade
Chairman of the Gomel Council of Deputies Ivan Borodinchik noted that in the 19 years since the agreement on twinning Gomel and Huaian was signed the bilateral cooperation has advanced far in the economic dimension...

Gomel construction companies ready to take part in post-war reconstruction of Syria
Areas of possible cooperation were discussed during a meeting between Deputy Head of the Gomel Oblast Executive Committee Vladimir Gorbachev and Governor of Homs Province Talal Al-Barazi who heads an official delegation which is visiting the region...

Belarusian companies contract to sell products to Russia’s Krasnoyarsk Territory
“We are interested in the development of our basic industries, in the acquisition of many kinds of vehicles and equipment for industrial purposes and the development of agriculture, the municipal infrastructure,” noted Krasnoyarsk Territory Governor Viktor Tolokonsky...

Belarusian-European investment forum in Vienna on 24 May
The forum will highlight Belarus’ advantages and investment opportunities, new conditions and prospects of economic cooperation with the European private sector...

Over 200 Bobruisk tractors to be assembled in Serbia in 2016-2017
“The joint tractor assemble plant set up at the basis of Belarus-Agropanonka in Serbia two years ago has been gradually strengthening its positions on the domestic market and sells Bobruisk machinery to the neighboring countries of the Balkan peninsula"...

Fitch Ratings underlines Belarus’ impeccable credit reputation
Carmen Altenkirch, director of the analytical group in charge of rating developing economies in Europe, said...

Plans to set up national rating agency in Belarus
Belarusian Deputy Finance Minister Yuri Seliverstov noted during the Fitch Ratings conference held on 19 May to review the macroeconomic situation and the banking industry in Belarus in 2016...

Belarus, Czech Republic to sign cooperation documents in Minsk
Bilateral documents will be signed during the 8th meeting of the Belarusian-Czech mixed commission on economic, industrial and sci-tech cooperation...

Vitebsk to host Belarusian-Slovak investment forum 12-13 July
More than 30 Slovak companies that have been operating or eyeing the market of Vitebsk Oblast have confirmed their interest in the business event...

Kobyakov: Quality of growth at the heart of Belarus’ development in 2016-2020
"We are not saying that we are not using them, now. It is just that we want to pay more attention to the quality side, to financial recovery, the economic situation of business entities”...

29 countries to partake in Gomel Economic Forum
Over 150 projects will be suggested for implementation; more than 220 land plots will be offered for setting up new manufacturing facilities and 145 real estate units for purchase...

Saudi Arabia interested in buying medications in Belarus
The official remarked that all the medications Belarus makes comply with the highest quality standards and are available at competitive prices...

Belarus, Saudi Arabia sign agreement on cooperation in science, technology
"The Saudi Arabian side is particularly interested in pharmaceutics, biotechnologies, and information technologies. Fire-fighting equipment and gear were also discussed since Belarus has a broad lineup of the relevant products"...

Belarus to present new agricultural machines in Azerbaijan
According to the Embassy of Belarus in Azerbaijan, the Belarusian mechanical engineering company OAO Gomselmash intends to present a cotton harvester and the grain harvester KZS-575, which has been designed specifically for Azerbaijan’s conditions...

Belarus, Iran to implement hi-tech R&D projects
"Belarusian R&D and innovative products are well-known far abroad and enjoy solid demand just like the scientific and technical equipment Belarus makes"...

External demand for Belarusian investment products recovering
Vladimir Zinovsky attributed the recovery to measures meant to stimulate the real sector of the economy. For instance, key energy-dependent enterprises were allowed to retain last year’s prices for energy resources...

Belarusian BelAZ opens service center in India
BelAZ’s cooperation with India began in 1966. Since then the country has bought hundreds of BelAZ vehicles...

Belarus, Russia to step up cooperation in subsurface exploration
Belarus’ Minister of Natural Resources and Environmental Protection Andrei Kovkhuto said that Belarus is interested in Russia’s experience of and Russian technology in geo-exploration and mining...

Slovakia to share its regional market transformation strategies with Belarus
The international technical aid project of the Slovakian Chamber of Commerce and Industry (Zilina Region) “Using the best practices to promote the transformation of the regional market environment” was presented in Minsk...

Belarus intends to expand exports to Saudi Arabia
“So far Belarus has exported 37 product items to Saudi Arabia, including machinery and high-tech equipment. Today we are discussing joint manufactures and greater presence of our products in the market of Saudi Arabia"...