Business news

3 Jan 2017

New oil deposit discovered in Belarus
The new oi deposit is located within limits of the intermediate block of the Rechitsa-Vishansky fault of the Pripyat Trough. The new oil deposit has been named Ugolskoye. An exploratory well 5,218m deep reached the Semiluki Horizon and produced an influx of oil and gas as large as about 39.5 tonnes per day...

3 Jan 2017

Belarus-Pakistan trade, economic commission to sit in Pakistan in March
The parties discussed concrete aspects of interaction between the Ministries of Foreign Affairs and the bilateral contacts between Belarus and Pakistan in general. In particular, they reached an agreement on the visit of the big Belarusian agribusiness delegation to Pakistan to discuss the establishment of joint dairy and halal meat enterprises...

2 Jan 2017

Belarus, Pakistan mull over joint ventures
The parties agreed to organize a visit of a Belarusian agricultural delegation to Pakistan in H1 2017 to discuss issues related to the establishment of joint ventures to produce dairy products and halal meat. The sides also plan to organize a visit of a large Pakistani textile industry delegation to Minsk. The delegation will come to discuss the opportunities for setting up joint light industry enterprises with Belarus’ Bellegprom Concern...

30 Dec 2016

Minsk Oblast, South Sinai Governorate of Egypt draft cooperation development roadmap
The embassy said that a delegation from Minsk Oblast paid a working visit to South Sinai from 27 to 29 December at the invitation of Governor Khaled Fouda Sedike. The program of the visit included talks and roundtable discussions between representatives of the Minsk Oblast Executive Committee, enterprises of the Belarusian region and the government authorities and businessmen of Egypt’s South Sinai...

30 Dec 2016

Belarus may start selling beef to China in Q1 2017
Leonid Zayats described the Chinese market as promising for Belarusian processing companies. As many as 34 dairy companies have been certified to sell their merchandise to China and another six are willing to go through the procedure...

29 Dec 2016

Belarus ready to host IAEA’s SEED mission in January
“Following recommendations from the Espoo Convention Implementation Committee, Belarus will host an IAEA’s SEED mission that will evaluate the construction site of the Belarusian nuclear power plant in January 2017,” Belarusian Energy Minister Vladimir Potupchik said...

28 Dec 2016

Reactor vessel for Belarusian nuclear power plant delivered to Ostrovets
A VVER-1200 reactor pressure vessel weighs over 330 tonnes. It is 12 meters high, with 4.5 meters in diameter. The reactor is a vertical cylinder with an elliptical bottom. This piece of equipment was made by the Volgodonsk-based enterprise Atommash of the Russian company AEM Technologies...

28 Dec 2016

Call for Belarusian-Russian cooperation in import substitution
Alexander Olshansky, Director of the Eurasian Agency for International Cooperation said...

28 Dec 2016

Belarus to commission mining and processing factory in Turkmenistan by 31 March 2017
The project was discussed as Ambassador Extraordinary and Plenipotentiary of Belarus to Turkmenistan Oleg Tabanyukhov met with Deputy Prime Minister of Turkmenistan, co-chairman of the Belarusian-Turkmen intergovernmental commission on economic cooperation Batyr Ereshov...

28 Dec 2016

New strategy to guide Belarus’ central bank development in 2017-2020
For the first time the institutional development strategy lays down the mission, the vision, and the medium-term goal for the institutional development of the country’s central bank. The document also formulates tasks, strategic initiatives, ways and methods of achieving institutional development goals...

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