Business news

Belarus' retail sales up 12% in January-August 2024
One-day retail sale volume per capita came at Br25.7 as against Br22.2 in the same period a year prior...

Belarus' customs applies new approaches in wake of difficulties on EU border
Only five out of 26 border checkpoints are functioning currently on the Belarusian border: two checkpoints on the Polish border, two on Lithuanian border and one on the Latvian border...

Belarus, Vietnam's Dong Nai eager to advance cooperation
The Belarusian diplomat emphasized the readiness of Belarusian companies to participate in the province’s infrastructure projects, including the expansion of the highway network and the construction of Vietnam's largest airport Long Thanh with an annual passenger traffic of up to 100 million people and transshipment of up to 5 million tonnes of cargo...

Belarus, Moscow aim at creating new business opportunities
The Moscow delegation arrived in Minsk on a business visit to attend the International Economic Cooperation Forum, timed to coincide with Minsk City Day...

Belarus' gross external debt down by $135 million in H1
In relation to GDP, the external debt decreased from 51.3% as of 1 January 2024 to 50.5% as of 1 July 2024...

Amount of BUCE transactions involving Russian companies quadruples
This year companies from 48 regions of Russia concluded deals on the exchange platform. The total number of Russian companies accredited at BUCE reached 4,007, including 397 new ones since the beginning of the year...

Belarus to supply peat products to Russia
Agreements were reached to sign contracts for the supply of peat products to Moscow Oblast and Voronezh Oblast of Russia with an estimated annual supply volume of up to 30,000 cubic meters...

Belarus stands for joint trade, economic, investment projects in SCO
According to statistics, the SCO member states account for more than 70% of Belarus' total trade, and trade with the SCO countries is growing year by year...

Expert comments on Belarus' position in global milk export
Belarus accounts for 6% of global milk export, making the country one of the world’s top ten exporters of dairy products...

Belarusian commodity exchange accredits first broker in Tajikistan
The exchange trade between Belarus and Central Asian countries is vibrant. In January-August 2024, the total amount of transactions of traders from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan made up $56 million...

Minsk mayor outlines areas of cooperation with Mexico
He called agriculture an important area of cooperation, especially in terms of supplying potash fertilizers, which are widely used in the agricultural sector of Mexico...

Vice premier: Belarus actively cooperate with EAEU states in energy sector
Belarusian Deputy Prime Minister Igor Petrishenko has held a meeting with Arzybek Kozhoshev, Member of the Board - Minister of Energy and Infrastructure of the Eurasian Economic Commission, to discuss current areas of cooperation...

Belarusian nuclear power plant’s power output past last year’s total in January-August 2024
He stressed that at present the nuclear power plant satisfies about 40% of the country’s demand for electricity...

Belarus-Türkiye cooperation in agriculture hailed as vibrant
In 2023, the trade between Belarus and Türkiye amounted to 107.2% as compared with 2022...

Belinterexpo gearing up for Indusfood 2025 trade show
The Indian market is one of the most promising areas of mutually beneficial cooperation for Belarusian companies. India is one of the world's top five economies. It has a wide potential for the export of Belarusian products...

Belarus harvests 74,000 tonnes of potatoes
A total of 8.023 million tonnes of grain (including rapeseed) was harvested in the country. Farmers have harvested 150,000 tonnes of grain maize (7% of the target), 6.739 million tonnes of silage and green maize (20%), and 33,000 tonnes of buckwheat...

Belarus-Uzbekistan tourism forum to take place in Minsk on 12-13 September
In 2023 Belarus welcomed over 32,700 citizens of Uzbekistan, 1.4 times up from 2022 and 1.6 times up from the prepandemic year of 2019. The average stay of organized foreign tourists from Uzbekistan to Belarus increased from 3 to 4 days in the same period...

Belarusian economy’s appeal for investors emphasized at Grodno forum
The economy minister noted that Grodno Oblast had achieved the highest growth rate of the gross regional product in the current period among all the oblasts of the country. The figure exceeds 108%. It is truly a very good indicator, he said. Yuri Chebotar added that Grodno Oblast has been developing rather steadily for the last few years...

Belarus, Russia’s Primorye Territory sign joint action plan for 2025-2026
The creation of a multibrand center for selling Belarusian agricultural machines is nearing completion in Primorye Territory...

Belarus’ gold, forex reserves at $8.697bn on 1 September 2024
The country’s gold and foreign currency reserves went up by $165.1 million (or 1.9%) in August 2024 after rising by $173.5 million (2%) in July 2024...