Business news

Kyrgyzstan seeks to set up joint venture with Belarus’ Gomselmash
The intensification of bilateral cooperation in agricultural machine building can boost cooperation in other sectors of economy and trade. A delegation of Kyrgyz businessmen will visit Gomel Oblast in the coming months...

Minsk to host Belarus-Germany energy forum 25 November
One of the themes of the event will be the state and prospects for Belarus-Germany cooperation in the energy sector. Belarus’ position will be presented by First Deputy Energy Minister Leonid Shenets...

IMF mission holds meeting at Belarus’ Development Bank
The mission was also briefed on the plans of the Development Bank to become the only channel for allocating loans to investment projects within state programs starting from 1 January 2016. The bank also plans to launch the selection of projects by competition...

BelAZ to ship six airtows to Russia
“Today Belarusian aircraft tugs are most popular in the Russian Federation. In 2013-2014 a total of 14 BelAZ-74212 were supplied to the market of the neighboring country"...

Belarus to advance relations with Pakistan across the board
Prime Minister of Belarus Andrei Kobyakov made the statement as he met with Pakistan President Mamnoon Hussain...

Italian clothes producers ready for active cooperation with Belarus
“I know that Belarus takes a different approach to the textile and leather processing. It is a manufacturing tradition and we respect it. It would be great to combine our Italian products with Belarusian goods in order to create something new"...

Belarusian Belshina to set up service center in Pakistan
“We are working with a Pakistani company with a view to getting tires made in Pakistan using our brand," Alexei Yakovlev, the company’s Director General, said after the third Belarusian-Pakistani business and investment forum...

Belstankoinstrument to carry out upgrade projects in Pakistan
“We have agreed to invite representatives of the business circles who work in the manufacturing industry including the automotive components manufactures. Pakistan supplies automotive components for the world's leading auto manufacturers"...

Contracts worth about $55m signed at Belarus-Pakistan business forum
"Today we signed 8 contracts worth about $55 million and concluded a number of agreements and letters of intent. I think that we will announce new figures shortly,” said Mikhail Myatlikov...

Belarus invites Pakistan to cooperate in oil, gas production
Belarus’ Prime Minister Andrei Kobyakov believes Belarus and Pakistan can boost their cooperation in manufacturing, power engineering, logistics, communication, and biotechnologies...

Belarus, Pakistan sign cooperation roadmap for 2015-2020
“This is the document that meets the interests of Belarus and Pakistan in the political and economic areas. It will allow the two countries to bring the mutual trade turnover onto a qualitatively new level,” Andrei Kobyakov noted after the signing ceremony...

Minsk to host German Economy Day 12 November
The event has been organized by the German-Belarusian Economic Club and the German economy representative office in Belarus under the patronage of Ambassador of Germany to Belarus Peter Dettmar...

Belarus invites Lithuania to participate in Great Stone projects
Belarus’ Economy Minister Vladimir Zinovsky said during a meeting of the Belarusian-Lithuanian commission on trade and economic cooperation in Minsk...

First steam generator delivered to Belarusian nuclear power plant construction site
The steam generator is part of the core process equipment of the nuclear power plant. It is a heat exchange device designed to produce steam that will be fed to a turbine that will generate electricity...

Belarusian food export to Russia’s Sakhalin Oblast skyrockets
In January-September 2015 Belarus shipped 267 tonnes of dairy products to Sakhalin Island as well as 20 tonnes of butter, 100 tonnes of cheese and cottage cheese...

Lukashenko: Curbing inflation is a priority
The President was informed that the 2015 budget will be implemented in the targeted parameters, all obligations, first of all, social obligations, will be fulfilled...

Belarus, Russia have joint development plans for machine-tool industries
The parties agreed to establish a single engineering company to develop machine-tool competencies in the Union State...

Bobruisk-based tractor parts factory, Moldovan enterprise set up joint venture to assemble tractors
“We are also in negotiations on assembling harvesters, mowers and other machines that will be in demand here, in Gagauzia,” concluded Ambassador Extraordinary and Plenipotentiary of Belarus to Moldova Sergei Chichuk...

Belarus, Moldova to start joint venture to make wine
The diplomat also recalled that before the end of this year Minsk Sparkling Wines Factory and Cricova Wine Company are planning to produce Belarus’s first batch of sparkling wines under the Cricova brand...

Egypt interested in joint industrial projects with Belarus
The matter was discussed during the meeting between Ambassador Extraordinary and Plenipotentiary of Belarus to Egypt Sergei Rachkov and Egypt’s Minister of Trade and Industry Tarek Kabil...