Business news

Belarusian commodity exchange accredits new Chinese broker
As a broker, the company will focus on attracting Chinese rolled steel producers to the exchange, which will help increase the supply of these products on the exchange and, as a result, provide more favorable terms of purchase for Belarusian consumers...

Belarus ready to increase food supplies to Russia’s Khabarovsk Territory
Belarus can also produce machine tools, automotive components, electrical equipment, and spare parts...

Belarus raises oil transit tariffs on 1 February
In addition, tariffs have been set for oil transportation on two new united national routes...

Lukashenko: We need better results in flax industry
He also pointed out that flax products are in demand in foreign markets, and even low-quality raw materials are bought up...

Lukashenko: We will spare no expense on science, but we need results
“We will support you in specific areas that bring big benefits. If your projects earn Br15 for every invested Br1, then our doors will always be open for you,” Aleksandr Lukashenko said...

PM: Belarus hopes to produce machinery in Iran
Belarusian Prime Minister Roman Golovchenko said during First Vice President of the Islamic Republic of Iran Mohammad Reza Aref in Almaty, Kazakhstan on 30 January...

PM comments on Belarus-Kyrgyzstan successful joint projects
Another important topic of discussion was cooperation in environment, waste management and recycling of secondary materials...

Belarus’ export to Russia’s Vologda Oblast up over 20% in January-November 2024
Belarus’ main exports to the Russian region include products of the enterprises of the Industry Ministry...

PM: Belarus, Kyrgyzstan are in position to increase trade to $500m over next five years
According to him, in January-November 2024, the trade between Belarus and Kyrgyzstan rose to the level of 2023 and exceeded $160 million. “We need to keep the momentum going, especially since we have a potential for this,” the prime minister noted...

Belarus-EU trade stands at $8bn
According to him, European countries have an interest in trade and economic cooperation with Belarus...

Belarusian tractor maker MTZ builds up its presence in Africa
“The MTZ tractors have been widely represented on the African continent for quite a long time. At the present stage, BELARUS tractors are becoming more and more in demand,” Sergei Avramenko noted...

Lukashenko names promising areas of cooperation with South Africa
Belarus attaches great importance to building a comprehensive partnership with the Republic of South Africa...

Lukashenko: Belarus supports partners from Africa in their aspiration to be more food self-sufficient
“We are doing it and we will do it not only by supplying our products, but also by transferring technologies to you and creating appropriate enterprises there,” the head of state said...

Lukashenko talks about cooperation with Venezuela, Latin America countries
Aleksandr Lukashenko said: “Since we have to diversify trade and economic relations today, Belarus seeks footholds all over the world. Products worth billions of U.S. dollars, which are made not only in Belarus but in many countries, are at stake. We have to deal with tough competition”...

Lukashenko: Belarus is working on cryptocurrency
“It suits us to make payments in cryptocurrency. We are working on a cryptocurrency in Belarus. We have extra electric energy. We are making the best of it,” Aleksandr Lukashenko added...

Lukashenko comments on progress in import substitution effort in Belarus, Russia
The head of state noted that Belarus provides itself with the most necessary things that people cannot do without. The country produces plenty of food of excellent quality. Moreover, it is exported to many countries...

Lukashenko: Belarus succeeds in shifting cooperation from West to East
The head of state is convinced that Belarusian-Chinese cooperation has a bright future. He said that the United States once opposed it...

Orsha Linen Mill expands into Kuwait, Pakistan
The most popular export items are household fabrics (62%) and garments (12%)...

Belarusian BMZ’s export to non-CIS countries up over 70% in 2024
According to the director general, the growth rate of steel production amounted to 102%. All manufactured products have been sold. The enterprise operates with positive profitability, which allows it to fulfill all social obligations...

Belarusian commodity exchange increases export to China by 1.6 times in 2024
In the first half of January 2025, exchange transactions totaling $3.7 million have already been concluded...