Business news

Belarus’ deputy prime minister’s visit to Russia’s Tatarstan nets $80m in contracts
Agreements were reached on deliveries of MAZ passenger vehicles (buses, trolleybuses), MTZ and Gomselmash agricultural machines as well as products of Minsk Motor Plant (MMZ) and the Belarusian steel mill BMZ to the Russian region...

Gomel Oblast, Russia’s Magadan Oblast ready to advance cooperation in food, agribusiness, tourism
Ivan Krupko noted that Russia is the main partner in economic and social affairs for Gomel Oblast. Nearly 600 Gomel Oblast enterprises sell their products to Russia. Gomel Oblast products are exported to over 70 Russian regions...

Belarusian BelAZ trucks touted as replacement for U.S., Japanese vehicles in Russia’s Magadan Oblast
Aleksei Bogdanov described pouring more efforts into deliveries of Belarusian mechanical engineering products as a number one topic...

Potatoes planted on over 95% of designated area in Belarus
Spring crops were planted on the area of 2,124,300 hectares, which is 89.8% of the plan. Buckwheat was planted on 22,100 hectares (63.5%), millet on 6,190 hectares (62.5%). Spring rapeseed was planted on the area of 48,700 hectares, which is 79% of the target...

Belarus expands import ban for products from unfriendly states
The Council of Ministers’ Resolution No. 700 as of 6 December 2021 was amended to include a number of products originating from Latvia, Lithuania, Poland, the Czech Republic and Estonia...

Belarusian petrochemical enterprises participate in international expo in Russian Ufa
The Belarusian exposition features leading petrochemical enterprises: Mineral Wax Plant (Belwax), Naftan, Belorusneft-Promservis, Mozyr Oil Refinery, Grodno Azot, Belshina, Polotsk-Steklovolokno, Lakokraska. These companies will work at the expo till 24 May, the National Center for Marketing told BelTA...

Manufacturing cooperation between Belarus, Russia’s Republic of Tatarstan discussed
The parties are interested in further expansion of cooperation and are ready to expand the choice of shipped products and use the entire potential of manufacturing cooperation...

Belarusian manufacturers debut in Saudi Food Show 2024
The Belarusian participants are showcasing a wide range of dairy products selected specifically for this exhibition, including milk powder, cheeses and desserts. Products from domestic manufacturers are in particular demand in the region, which proves their high quality...

Belarus, Mongolia to boost exchange trade in agricultural goods
It is expected that by pooling resources, technologies and experience the two exchange platforms will give a new impetus to trade and economic cooperation between Belarus and Mongolia...

Belarus, Russia discuss Union State industrial policy
The parties also discussed the implementation of new integration import-substituting projects with the attraction of Russian state loans...

MTZ to display record high number of machinery at Belagro 2024
The Belagro 2024 expo will be running in early June in the Chinese-Belarusian industrial park Great Stone...

China-SCO pilot zone presented in Minsk
According to Chinese statistics, the trade between China and Belarus amounted to $8.44 billion in 2023, up 67.3% year-on-year. China's exports totaled $5.84 billion and imports from Belarus made up $2.6 billion (up 44.5% year-on-year)...

Russia’s Magadan Oblast seeks to tap into capabilities of Belarusian mechanical engineering industry
Magadan Oblast is a mining region, so we are primarily interested in mechanical engineering...

Belarus invites Russia’s Magadan Oblast to set up jewelry joint venture
He proposed to work out options for setting up a joint production using Magadan raw materials at this factory...

Belarusian business operation conditions compared favorably to European ones
Companies from over 14 countries, including provisionally unfriendly ones, are residents of the Great Stone park now...

PM: Great Stone attracts almost $1bn in investments
"Initially, it was important to promote the park, to make it recognizable, to attract as many residents and investments as possible. They, by the way, are approaching $1 billion. I think that there will be no problems with this"...

Belarus hosts delegation of Uzbekistan’s tourism industry
Belarus and Uzbekistan are committed to developing close cooperation in tourism...

Vitebsk, Polotsk, Novopolotsk to host 11th Forum of Regions of Belarus and Russia on 26-28 June
Exhibition events and presentation events will take place on the days of the forum in addition to panel sessions and cultural program events...

Belarus, Russia’s Perm Krai outline new avenues of cooperation
Cooperation in the construction sector was discussed separately at the negotiations. Dmitry Krutoi noted that Perm Krai is set to build a number of industrial facilities and undertake other construction projects...

Belarusian tractor for southern countries presented in Russian Kazan
Vehicles and machines made by OOO TPK MTZ-Tatarstan, OAO Amkodor, and MAZ vehicles powered by gas engine fuel are also represented at the forum...