Business news

Minsk hosting Russia’s Skolkovo startup tour
This year the event will be held at the Belarusian State Agrarian Technical University. Among its organizers and partners is the Russian Skolkovo, the State Science and Technology Committee, RUSNANO, the Minsk City Technopark...

Belarus-EU investment forum in Vienna scheduled for 24 May
First Deputy Prime Minister Vasily Matyushevsky has been appointed the head of the working group. The group comprises representatives of the Finance Ministry, the Ministry of Foreign Affairs, the Economy Ministry, the Belarusian Chamber of Commerce and Industry...

Belarus, World Bank to hold video conference on 7 April
“Ideas and plans regarding the promotion of real estate appraisal by mass methods and tax system reforms in Belarus will be presented to the international financial organization"...

Belarusian Complimilk to resume dairy export to Russia
As of 5 April 2016 the Federal Service for Veterinary and Phytosanitary Surveillance of Russia (Rosselkhoznadzor) lifted the temporary restrictions on exporting the merchandise the company makes to Russia...

Belarus, Nigeria discuss joint industrial projects
“The parties discussed the implementation of joint industrial projects, including the establishment of enterprises to assemble Belarusian vehicles”...

Belarus’ foreign trade legislation to be harmonized with EEU Treaty
This is envisaged in decree No. 124 “Concerning the state regulation in foreign trade” which was signed by Belarus President Alexander Lukashenko on 5 April...

IMF, World Bank recommendations to improve resilience of Belarus’ financial system
Arranged as part of the Financial Sector Assessment Program, the joint mission of the International Monetary Fund and the World Bank arrived in Belarus on 5 April. The experts are expected to meet with representatives of Belarusian government agencies, banks, and insurance companies...

Belarus government to help construction companies reach foreign markets
“We are ready to provide comprehensive support to the construction industry for the sake of exporting civil engineering services," Prime Minister of Belarus Andrei Kobyakov said...

Belarus government to continue pursuing flexible budget, monetary management policies
According to the head of government, the program contains a number of important peculiarities that pre-determined the approaches to the program’s development and content...

Belarus’ GDP growth rate higher than world’s average by 2020
“We believe that the effect from the measures we’ve already implemented will allow restoring positive economic dynamics in H2 2016"...

Belarus’ taxation system described as balanced
According to the Prime Minister, the current taxation system in Belarus is a standard one and includes the commonly accepted taxes that exist in the Eurasian Economic Union member states...

Belarus, Russia set up joint engineering company to develop machine tool industry
“In late 2015, jointly with the Russian Industry and Trade Ministry we decided to set up an engineering company that would combine the capacities of Belarusian and Russian machine tool manufacturers"...

About 200 producers from 19 countries partaking in Minsk industrial expos
A number of big industrial and technological exhibitions, namely Mechanical Engineering, Litmetexpo. Casting and Metallurgy, Welding and Cutting and Corrosion Prevention. Covering, opened in Minsk on 5 April...

Belarus, Hungary to exchange practices in government regulation of nuclear industry
The matter was discussed at the meeting between Ambassador Extraordinary and Plenipotentiary of Belarus to Hungary Alexander Khainovsky and Director General of the Hungarian Atomic Energy Authority (HAEA) Gyula Fichtinger...

Belarusian Gomelglass, German Schollglas sign €17m export contract
According to Deputy Prime Minister of Belarus Anatoly Kalinin, the document represents the beginning of large-scale cooperation between the Belarusian enterprise and the German company...

Belarus, Brazil eager to set up joint equipment manufacturing enterprises
Ambassador Extraordinary and Plenipotentiary of Belarus to Brazil Leonid Krupets informed the government officials about the opportunities for trade, industrial, and investment cooperation with Belarus...

Kobyakov reaffirms Ukraine’s importance as Belarus’ trade and economic partner
In his words, Ukraine is in fact Belarus’ second biggest trade and economic partner after Russia...

New Grodno Oblast company to make synthetic diamonds
According to FEZ Grodnoinvest administration representatives, the new enterprise will use advanced technologies, will be export-oriented and unparalleled in Belarus. It will make synthetic crystals (diamonds) that will come in handy for industrial applications...

Minsk to host major industrial technology forum on 5-8 April
The industrial technology forum will take place in Minsk on 5-8 April 2016 and will include expos focusing on mechanical engineering, casting and metalworking technologies, welding and cutting, corrosion protection...

Gomel Oblast, China’s Jiangsu Province to build new Silk Road together
The sides discussed ways to step up cooperation between the two regions, primarily in trade and investment affairs...