Business news

Belarus' Industry Ministry companies enter new markets in 2024
Thus, enterprises of the Industry Ministry now export to 60 countries. These include 15 markets where supplies were put on hold in January - May last year (Israel, Nicaragua, Mali, Iraq, Libya, Syria, Kuwait, Cambodia, etc.)...

Chambers of commerce of Minsk, Abu Dhabi sign cooperation agreement
Sergei Nabeshko, Director General of the Minsk Office of the Belarusian Chamber of Commerce and Industry, highlighted the importance of the UAE as a trading partner and investor for Belarus said as he addressed CEO of the Abu Dhabi Chamber of Commerce and Industry Ahmed Khalifa Al Qubaisi...

Over 4m tonnes of grain and rapeseed threshed in Belarus
The regional breakdown is the following: Brest Oblast harvested 1.046 million tonnes of grain (including rapeseed), Minsk Oblast 1.006 million tonnes, Grodno Oblast 943,400 tonnes, Gomel Oblast 444,500 tonnes, Mogilev Oblast 387,000 tonnes, Vitebsk Oblast 235,6 00tonnes...

Chemical producers of Russia’s Perm Territory intend to work in Belarus via commodity exchange
Applications for sale will be placed at trading session and in the industrial and consumer goods sections, which will cover the widest possible range of Belarusian consumers and ensure rhythmic deliveries...

Belarusian MTZ mulls over tractor assembly project in Vietnam
MTZ Director General Vitaly Vovk met with Nguyen Bao Thi, Director of the Vietnamese company New Atlantic International Trading JSC, to discuss the immediate prospects for cooperation...

Belarusian BelAZ featured at FILDA 2024 in Angola
The first day of the exhibition was packed with activities and business meetings. The BelAZ exposition hosted official delegations, including Angola’s Minister of Industry and Trade Victor Fernandes...

FEZ Minsk new resident company to produce jewelry
The company will have enough capacity to meet high customer demand. By 2028, it has plans to grow jewelry production by 3.6 times...

Russia’s Amur Oblast eager to set up center for Belarusian mechanical engineering goods
“Tasks have been set to increase the supply of farm machines, equipment for the forestry and mining industries, housing and utility sector. Belarus has a huge potential and opportunities to meet our needs,” Oleg Turkov noted...

Belarus wants to supply food to DPRK, import Korean cosmetics
These issues were discussed during the talks between Belarusian Minister of Foreign Affairs Maksim Ryzhenkov and Minister of External Economic Relations of the DPRK, co-chairman of the joint commission on trade and economic cooperation Yun Jong Ho...

Belarusian BelAZ, Russia’s Amur Oblast to step up cooperation
BelAZ trucks operate at 11 mining enterprises in Amur Oblast. Their fleet as a whole consists of 169 dump trucks with a payload capacity of 30 tonnes to 130 tonnes...

Parkhomchik opines on how to grow trade with Russia's Amur Oblast
Belarusian equipment, including agricultural equipment (combines, tractors, aggregates), is in demand in the vastness of Amur Oblast. Moreover, Belarus can offer machinery both for small-scale and large-scale farming...

Belarus, Russia’s Amur Oblast to develop exchange trade in agricultural products
The first practical step within the agreements reached with be the organization of soybean meal supplies to the Belarusian market...

Belarus’ harvest reaches 3.5m tonnes of grain, rapeseed
As to other crops, 67% of spring barley was harvested, 44% of winter rye, 27.5% of wheat, 22% of triticale, 18.2% of legumes, and 14.4% of oats. All oblasts have completed harvesting winter barley...

Yefimov: Belarus is in talks with Russia on another RUB100bn loan
According to Aleksandr Yefimov, earlier the relevant ministries of the two countries approved 27 passports of promising investment integration projects. The total amount of investment exceeds RUB165 billion...

Belarus extracts first million tonnes of peat in 2024
Belarus is leading in terms of peat extraction and ranks first in the world in terms of peat briquette production...

Lukashenko urges to find ways to cooperate with EU, to develop ties with remote countries
Belarusian President Aleksandr Lukashenko said at a meeting to discuss the development of the Belarusian manufacturing industry...

Lukashenko wants reasonable protection of domestic market
The head of state asked what exactly was done to protect the domestic market and, most importantly, when the results of these efforts will be visible...

PM: Belarus, Venezuela restarted trade, economic relations
“At a certain stage, our trade and economic cooperation faced a number of setbacks, because the initial operation scheme of our joint ventures was no longer workable. This had to do with Venezuela’s budget revenues and the impact of sanctions,” the head of government said...

Belarus harvests over 3.2m tonnes of grain, rapeseed
The harvesting progress in the rest of the country is the following: Brest Oblast harvested 875,100 tonnes of grain (including rapeseed), Minsk Oblast 775,300 tonnes, Grodno Oblast 739,100 tonnes, Gomel Oblast 372,300 tonnes, Mogilev Oblast 295,500 tonnes, Vitebsk Oblast 152,700 tonnes...

Belarus’ PM summarizes results of visit to Latin America
The official visit of the prime minister of Belarus to Latin America ended on 20 July, where a number of agreements on cooperation were reached. In particular, Belarus and Nicaragua signed $85 million worth of contracts for the supply of over 700 units of machinery...