Business news

Belarus, China strengthening bilateral cooperation
The China-Belarus Industrial Park Great Stone (Minsk Oblast) is once again hosting an exhibition of Chinese goods and services on 25-28 August 2024. The main goal of the exhibition is to write a new chapter of Belarus-China cooperation and innovation...

Belarusian nuclear power plant seen as fulcrum of national energy security
“A nuclear power plant of our own allows setting rates without heeding changing prices for energy resources on the global market. Despite turbulent prices for natural resources and other kinds of fuel on the world market, prices for electricity in Belarus remain stable and are kept at a certain level without substantial fluctuations,” Denis Moroz said...

Belarusian ambassador discusses manufacturing cooperation with Russian aircraft producer
Matters were discussed of stepping up manufacturing cooperation between Belarusian enterprises (OAO 558 Aircraft Repair Plant, Minsk Civil Aviation Plant No.407, OAO Orsha Aircraft Repair Plant) and companies belonging to PAO United Aircraft Corporation with a focus on accomplishing common tasks to reach technological sovereignty...

Belarus, China sign set of cooperation agreements
Belarus and China signed an intergovernmental agreement on trade in services and investment, providing for the creation of a free trade zone in services between the two countries, a transparent, liberal and favorable regime for attracting investment...

BelNPP helps Belarus address its key economic goals
Since the connection of the first power unit of the BelNPP to the unified power grid (on 3 November 2020), the plant has generated more than 34 billion kWh of electricity, which made it possible to replace more than 9 billion cubic meters of natural gas...

Belarus, China condemn sanctions as way to interfere in domestic affairs of states
Belarus and China have condemned sanctions as a method of interfering in domestic affairs of states, BelTA learned from the joint communique that the governments of Belarus and China signed in Minsk. The document was signed by Prime Minister of Belarus Roman Golovchenko and Premier of the State Council of the People’s Republic of China Li Qiang...

PM: Belarus-China trade up 140 times over 30 years
In the future, Belarus sees the combination of Belarusian competencies and Chinese technologies as a key element in building a common future...

Lukashenko: The BelGee project has potential for further development
In 2023 SZAO BelGee made over 67,300 cars, up from 25,100 in 2022. This year the company is expected to make 80,000 cars. The BelGee (BG) brand has been registered...

Belarus, China work on $3bn worth of investment projects
Belarusian President Aleksandr Lukashenko said as he met with Premier of the State Council of the People's Republic of China Li Qiang in Minsk on 22 August...

Lukashenko signs decree on handicraft activities
The document approves the regulation on the performance of handicraft activities by natural persons. As from 1 September natural persons will have to get registered as craftsmen according to this list...

Belarus seeks to increase food sales to Pakistan
“We supply to Pakistan our dairy products, including milk powder, cottage cheese, cheese and so on. We import mainly rice and citrus fruits from Pakistan for the domestic market,” the minister said...

Belarus’ grain harvest past 7.7m tonnes
The regional breakdown is the following: Minsk Oblast harvested 2.083 million tonnes of grain (including rapeseed), Grodno Oblast – 1.752 million tonnes, Brest Oblast – 1.560 million tonnes, Mogilev Oblast – 899,000 tonnes, Gomel Oblast – 734,000 tonnes and Vitebsk Oblast – 671,000 tonnes...

Most popular Belarusian goods in Russia named
Belarusian dairy products such as cheeses, cottage cheese, and butter are traditionally in demand in the Russian Federation, Deputy Chairman of Belarus’ National Statistics Committee Timofei Zhigarev said...

Belarus-Russia trade at $25.1bn in H1 2024
"We have increased exports of food products by 8.4%. Exports of computing, electronic and optical devices went up by 13.1%, vehicles and equipment – by 5.3%," Timofei Zhigarev said...

Belarus’ merchandise export close to $20bn in H1 2024
Timofei Zhigarev said: “We persistently increase the export of Belarusian goods to all the CIS states. In 2023 export amounted to $27.2 billion, 4.1% up from 2022. Import also went up to $24 billion, 2.1% up"...

Shipments of Belarusian machines, vehicles to Russia’s Tula Oblast discussed
A considerable part of the negotiations was dedicated to shipments of Belarusian passenger vehicles. This is why Aleksandr Rogozhnik remarked that all the restrictions on product access to the markets of the two countries had been lifted upon decisions of the heads of state within the framework of the common industrial policy...

Belarusian Economy Ministry expects export, investments, personal incomes to rise in 2025
This figure is supposed to be reached by putting efforts into three main areas: a manufacturing program, an export program, and an investment program...

PM: Belarus' GDP growth in 2025 is projected to be higher than world average
The growth is to be driven by active investments. Investment in fixed assets is projected at almost Br50 billion, up by 7.8%...

Belarus saves over 9bn cubic meters of gas thanks to BelNPP
The minister noted that the BelNPP project has become a good incentive for electricity consumption in the country. In 2023, this figure increased by 6.6% over 2022 and amounted to 41.1 billion kWh...

Belarusian industrial manufacturers to attend Uzbekistan-Belarus Women's Business Forum
The forum will run sections on agriculture, food industry, mechanical engineering, electrical industry, electricity, green energy, and more. Representatives of the women's business community will be among the speakers...