Business news

PM: Trade between Belarus, Russia’s Nizhny Novgorod Oblast up by 11% in January-October 2024
Traditionally, one of the main topics is industrial cooperation...

Belarus, Russia's Irkutsk Oblast outline new cooperation prospects
He added that Belarus is eager to supply passenger vehicles to Irkutsk Oblast. Belarus demonstrated new samples of machinery for agriculture and timber processing...

Lukashenko proposes to open Belarusian trading house in Nizhny Novgorod Oblast
Belarusian President Aleksandr Lukashenko proposed to open the Belarusian trading house in Nizhny Novgorod Oblast as he met with Governor of Russia's Nizhny Novgorod Oblast Gleb Nikitin on 9 December...

Belarus, Russia sign agreement on Union State unified electricity market
The ultimate goal of the two countries is to unite all energy markets, both gas and electricity, which was stipulated in the Union State Treaty back in 1999...

Putin: All issues in Belarus-Russia tax and customs cooperation have been resolved
Government agencies of the two countries, supported by the Union State Standing Committee, pursue a coordinated macroeconomic policy, promote industry-to-industry cooperation, and coordinate with each other in financial and banking matters, with a focus on minimizing damage from illegal Western sanctions and other restrictions...

Lukashenko shares details of using Northern Sea Route to move Belarusian exports
Aleksandr Lukashenko stressed that Belarusian export cargoes are now shipped through Russian ports, which has resulted in mutual benefits...

Lukashenko: Belarus, Russia have become stronger amid sanctions pressure
Belarus-Russia trade is also steadily increasing. Last year it reached almost $55 billion. If the current growth rates are maintained, the countries expect to reach about $60 billion in 2024...

Belarus expects unified oil and gas market with Russia to become reality soon
Aleksandr Lukashenko noted that the development of the Unified Electricity Market Treaty was another significant milestone in the Union State history...

Matviyenko: Belarus, Russia have everything to become technology leaders
"Our people are very smart. Our youth is very gifted. We have wonderful scientists and scientific traditions. And today we see how much we have advanced in terms of import substitution. Those samples of electronic products, household appliances show that this enterprise has made tremendous progress"...

Belarus’ gold, forex reserves at $8.795bn on 1 December 2024
The country’s gold and foreign currency reserves went down by $139 million (or 1.6%) in November 2024 after rise by $75.6 million (0.85%) in October 2024...

Belarus to increase supplies of peat products to Turkish market
Belarus supplied over 6,000 cubic meters of peat to the Turkish market in January-October of this year...

Belarus’ experience of investment activity in FEZs presented on margins of Yalta economic forum
The Yalta International Economic Forum is one of the four largest economic forums in Russia. The total number of the participating states is over 90...

Lukashenko: Belarus-Russia trade projected to hit record high of $60bn
In 2023, the trade between Belarus and Russia amounted to a record $53 billion, which was up by 6% a year prior...

EDB: Belarus will maintain high economic growth in 2025
The EDB expects Belarus' economy to expand by 4.3% in 2024, beating the previous figure...

Amendments to Belarus-Russia intergovernmental agreement on export of oil, oil products okayed
The protocol provides for expanding the duration of the agreement till 31 December 2026 and later on in annual increments while preserving the existing norms...

Belarus-Malaysia cooperation discussed in Moscow
The ambassadors agreed on the expediency of holding the Belarusian-Malaysian business forum, which will give momentum to the interaction between the business communities of the two countries...

Belarus’ steel mill BMZ launches innovative project to process metal dust
Previously, this dust was stored at BMZ-Ecoservice. Now, thanks to cooperation with the ZINCUM plant and the latest scientific achievements, BMZ will be able to process the entire volume of metal dust...

Belarusian food producers featured at Food Africa 2024 in Cairo
According to Belinterexpo, the exposition Belarus. The Taste of Nature brings together a number of well-known enterprises of Grodnomyasomolprom Holding Company and flagships of the Belarusian food industry. The largest manufacturer of baby food and specialized products (for pregnant women and nursing mothers, athletes, middle-aged and elderly people, students) - Bellakt - is represented at the exhibition...

‘Our rights cannot be violated with impunity.’ Belaruskali comments on its lawsuit against Lithuania
At the beginning of 2022, Lithuania stopped the transit of Belarusian potash fertilizers and unilaterally terminated the cargo transportation contract with Belarus...

Belarus raises export duties on certain oil products
In line with the resolution the size of the export duty on liquefied petroleum gas is now $61.7 per tonne ($49.7 previously). The export duty on ethane, butane and isobutane was set at $55.5 per tonne ($44.7)...