Business news

Belarusian-Slovak enterprise to recycle electrical equipment to be set up in Orsha
“We are currently working on a specific project in Orsha - a joint venture to recycle waste electrical and electronic equipment. These are TV sets and other equipment. We will install our line, and make investments,” the diplomat noted...

Vitebsk Oblast viewed as Slovakia's priority partner
“Following the principle “better less, but of higher quality”, it is more right to work out and implement 2-3 projects. We are determined to do serious business here. Vitebsk Oblast is among our priorities. Sanctions against Belarus have been recently lifted, and now we should work hard to fill in this space," the

Belarus, Romania to step up cooperation in trade, tourism
"Belarusians and Romanians will have to rediscover each other in the context of intergovernmental interaction and the interaction of representatives of the business communities of the two countries"...

Belarus, Turkmenistan to develop cooperation in personnel training
The talks resulted in an agreement to expand the forms and areas of cooperation in scientific and educational sectors. According to Gurbanguly Berdimuhamedov, Turkmenistan views Belarus as one of its major partners in the training of personnel...

Turkmenistan views Belarus as promising partner in big transit project
Gurbanguly Berdimuhamedov said that Turkmenistan and its partners are developing a combined network of the transport transit and logistics infrastructure....

Presidents of Belarus, Turkmenistan agree to commission Garlyk mining, processing factory in 2017
The statement was made by Belarus President Alexander Lukashenko after negotiations with Turkmenistan President Gurbanguly Berdimuhamedov...

Belarus, Turkmenistan agree on mutual steps to boost bilateral trade
The first two months of 2016 saw positive changes in mutual trade, which increased by almost 75%. However, as the head of state believes, the two states should not rest on their laurels...

Belarus ready to share its vocational training practices with Turkmenistan
"For example, we can provide assistance in advancing the professional level of teachers, design resource centers for the training of builders at the premises of specialized educational establishments of Turkmenistan,” the head of state noted...

Belarus, Turkmenistan working together to make flying drones
Belarus President Alexander Lukashenko reminded that a new UAV lineup was demonstrated during the Belarusian national expo in Ashgabat in December 2015...

Belarus ready to assist Turkmenistan with agriculture, transport development projects
The Belarusian leader noted that Belarus can offer fodder harvesters, tractor-mounted and trailing equipment, and technologies for the manufacture, storage and processing of agricultural products...

Garlyk factory expected to bring great economic benefits to Belarus, Turkmenistan
“This is a colossal, immense project. I think that it will bring us great economic benefits,” Turkmenistan President Gurbanguly Berdimuhamedov pointed out...

Belarus, Romania hope for closer trade and economic ties
Deputy Chairman of the Belarusian Chamber of Commerce and Industry Vladimir Ulakhovich told media ahead of the Belarusian-Romanian Business Forum...

Lukashenko: Everything necessary to make Belarusian automobiles in one or two years
Visiting Minsk Motor Plant, the head of state noted that a government session would be held soon to discuss automobile manufacturing. Specialists are now taking a close look at the matter in order to address the existing problems and get a competitive product in the end in the shape of an automobile, a tractor, and so on...

Lukashenko urges to match curriculums with skills needed by manufacturers
“The future is in IT, space, nuclear power plants, and the latest technologies. We will be training more specialists for these sectors”...

Belarus plans to supply beef to China
“China would like us to launch the beef deliveries in the shortest time possible. The agreement was reached during a visit of the Belarusian delegation headed by Agriculture and Food Minister Leonid Zayats to Shanghai for the international food exhibition SIAL 2016”...

Italy’s Parma shows interest in joint agricultural projects with Gomel
Federico Pizzarotti noted that the Italian side is ready to offer social and humanitarian projects to its counterparts in Gomel. He expressed hope that the signed agreement would add impetus to the bilateral relations in the economic sector...

Lukashenko: Operational discipline is important for making competitive goods
"By going into new markets with new quality and new products, Belarus will be able to pull out of the crisis situation in which we were plunged”...

Belarus to set up financial stability council
The International Monetary Fund (IMF) recommended Belarus to set up such a council following its April mission. It is expected that the council will be led by the Chairman of the Board of the National Bank and the First Deputy Prime Minister...

Semashko: Belarus will diversify exports, maintaining positions on its traditional markets
“Today exports for us is number one issue for the nation, the state, and future generations. We must know how to sell a product with high value added in order to secure viability and prosperity of the state, and we are making headway in this"...

Belarus aims to reduce dollarization of its economy
At the same time we will continue to regulate the money supply. It is necessary for preserving the macroeconomic equilibrium and financial stability, the National Bank said...