Business news

27 Feb 2018

Belarus, Russia’s Smolensk Oblast agree on number of cooperation programs
“We are interested in localizing the production of Belarusian goods in Smolensk Oblast. The matter concerns first of all the Minsk Tractor Plant, because these products are in demand not only in our oblast, but also in the neighboring oblasts”...

26 Feb 2018

Tbilisi to host Georgia-Belarus business forum on 23 March
The participants of the business events will consider promising areas of developing the Belarusian-Georgian trade and economic cooperation, exchange the working experience, talk over issues related to the bilateral cooperation...

26 Feb 2018

Hungary to buy construction materials for nuclear power plant via Belarusian commodity exchange
The possibility was discussed on 23 February as a Hungarian delegation visited OAO Belarusian Universal Commodity Exchange. The delegation included Trade Counsellor of the Embassy of Hungary in Belarus Bertalan Szentpeteri and representatives of the construction materials company Clean Star Complex Kft...

23 Feb 2018

BelGee expected to sell up to 8,000 cars quarterly by 2018 yearend
“We need to start producing the steering system here. We are about to sign a document to launch, together with China, the production of seats, radiators, and other car components here. We need to reach at least 50% of localization”...

23 Feb 2018

Belarus, Russia’s Altai Krai aim for $100m in bilateral trade
So far, the cooperation has been developing mainly between industrial enterprises. Following the last meeting a decision was taken to change the perspective and to expand cooperation into other economic sectors...

22 Feb 2018

Lukashenko: Belarus’ experience of military construction in demand abroad
The experience of military construction in Belarus is currently in demand in the CIS and non-CIS states. Constant attention is paid to the development of joint security projects. More and more countries are willing to send members of their armed forces, up to the highest rank, to our Military Academy,” Alexander Lukashenko noted...

22 Feb 2018

BUCE, Czech Embassy in Belarus to step up cooperation
Chairman of the BUCE Board Arkady Salikov said that the BUCE maintains close contacts with the Czech business and has been active in this field...

22 Feb 2018

Belarus floats $600m worth of eurobonds
Belarus started a roadshow for eurobonds in the United States and Europe on 15 February. Citi and Raiffeisen Bank International AG have been selected as managers, with the Development Bank of the Republic of Belarus to be a co-manager...

21 Feb 2018

Belarus, Russia continue negotiations on gas price to be applicable as from 2020
“We have agreed on the gas price for Belarus in 2018-2019. We still have time to decide on the price for the period from 2020 to 2025 (before the common gas market in the Eurasian Economic Union is set up)"...

21 Feb 2018

EDB forecasts GDP growth at 2.6%, inflation at 6% in Belarus in 2018
The authors of the review note that the EDB countries have demonstrated positive growth rates due to improved external developments, the gradual softening of their monetary policies, and fiscal incentives...

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