Business news

Belarusian MTZ eager to sell more to Africa
“Last year we set up a trading house in Egypt. Unfortunately, we’ve been unable to secure desired results right away. But this year we definitely intend to increase sales to Egypt, Nigeria, and South Africa. We are working on a serious project with Zimbabwe”...

Minsk to host Belarusian-Serbian commission for trade 29-30 March
Preparations for this event were discussed at the meeting of the Belarusian delegation to the commission attended by representatives of ministries, concerns, the Belarusian Chamber of Commerce and Industry, the largest industrial enterprises of the country...

Slovakia plans to bolster ties with Belarus in agriculture
"Belarus is very strong in this area, especially with regard to dairy products. We need closer cooperation in cattle breeding. I think we will be gradually setting up joint ventures in agriculture,” said Jozef Migas...

Good prospects for Belarusian crystalware sales in India
The Ambassador of India said: “I’ve seen the Neman glass factory in Berezovka and was impressed by the enterprise and the products. I am sure they may sell well on the Indian market"...

IMF: Belarus joins gold buying spree in January
Belarus added 33,000 ounces to its gold reserves and became the fourth biggest gold buyer in January. Russia expanded its holdings by 688,000 ounces and topped the January rankings. It was followed by Turkey and Kazakhstan (38,000 ounces each)...

Belarusian meat, dairy companies to step up presence in UAE in March
The official explained that the UAE veterinary inspectors will certify Belarusian meat and dairy companies for deliveries to the UAE market. The companies, which are certified for deliveries to the European Union, will be permitted to sell their merchandise to the UAE by default...

Czech Mavel seeks to increase its participation in HPP construction projects in Belarus
The parties praised successful cooperation between the Czech company and Belarus during the construction of the hydroelectric power plants in Grodno and Polotsk...

WB recommends Belarus to make budget more transparent for citizens
“The main areas of focus are the transparency of the budget structure and an open access to the information about it. As a result, the population will be able to analyze the efficiency of the state policy regarding expenses,” Adrian Fozzard noted...

Lukashenko wants better property protection guarantees in Belarus
Under the document, the Prosecutor-General’s Office and courts must secure strict observance of the property protection guarantees envisaged by the Constitution of the Republic of Belarus...

Personal responsibility for timely repayment of foreign currency debts in Belarus
In particular, the President instructed the government and the National Bank to implement balanced macroeconomic policy aimed at augmenting the country’s gold and foreign exchange reserves to a safe level which will cover the quarterly import of goods...

Infrastructure projects viewed as promising area of Belarus-Italy cooperation
"Energy is another promising field. Not just production of energy, but rather such areas as renewable energy and energy efficiency,” the Ambassador stressed...

Belarus sees industrial cooperation with Italy as promising
Belarus’ Deputy Minister of Foreign Affairs Alena Kupchyna said at the conclusion of the first meeting of the intergovernmental Belarusian-Italian commission on economic cooperation...

Italian business welcomes lifting of sanctions against Belarus, seeks closer ties
“We also believe that Belarus might become a starting or a reference point for those companies that want to export to the countries of the Euro-Asian region in the future,” Luca Tommasi said...

Spartak confectionery boosts exports to China
Spartak already shipped 30.5 tonnes of products to China in late 2015 and in January 2016. That was mostly dark chocolate with low sugar content...

Belarusian dairy industry products on display in Dubai
During the expo Belarus will be represented by the companies Savushkin Product and Molochny Mir as well as the tinned dairy products factories from Lida and Glubokoye...

Serkov: Forum Brest 2016 will bolster contacts between Belarusian, Polish regions
“We pin big hopes on this forum and expect that it will strengthen our cooperation, first of all, with Polish partners. We should get properly prepared for the event, so that we could sign agreements and contracts during the forum"...

Minsk to host Belarusian-Italian business forum 23 February
The business forum will focus on promising areas of Belarusian-Italian trade, economic, and investment cooperation...

Belarus, Armenia sign agreement on cooperation in nuclear power industry
“Further strengthening of economic cooperation as well as the EEU potential will help expand the cooperation range in the future,” Armenia’s Economy Minister Karen Chshmaritian told...

IAEA to carry out nuclear infrastructure review mission in Belarus in 2017
This matter was discussed at a meeting of the Russian-Belarusian working group on nuclear infrastructure development of the nuclear power industry of Belarus...

Belarus, Moldova seek closer trade and economic ties
The parties praised the dynamics of bilateral relations and stressed the mutual interest in intensifying political dialogue, strengthening bilateral cooperation and trade and economic relations...