Business news

Shipments of Belarusian machines, vehicles to Russia’s Tula Oblast discussed
A considerable part of the negotiations was dedicated to shipments of Belarusian passenger vehicles. This is why Aleksandr Rogozhnik remarked that all the restrictions on product access to the markets of the two countries had been lifted upon decisions of the heads of state within the framework of the common industrial policy...

Belarusian Economy Ministry expects export, investments, personal incomes to rise in 2025
This figure is supposed to be reached by putting efforts into three main areas: a manufacturing program, an export program, and an investment program...

PM: Belarus' GDP growth in 2025 is projected to be higher than world average
The growth is to be driven by active investments. Investment in fixed assets is projected at almost Br50 billion, up by 7.8%...

Belarus saves over 9bn cubic meters of gas thanks to BelNPP
The minister noted that the BelNPP project has become a good incentive for electricity consumption in the country. In 2023, this figure increased by 6.6% over 2022 and amounted to 41.1 billion kWh...

Belarusian industrial manufacturers to attend Uzbekistan-Belarus Women's Business Forum
The forum will run sections on agriculture, food industry, mechanical engineering, electrical industry, electricity, green energy, and more. Representatives of the women's business community will be among the speakers...

Sardar Ayaz Sadiq: Belarus plays central role in Belt and Road transnational trade corridor
Speaker of the National Assembly of the Parliament of the Islamic Republic of Pakistan Sardar Ayaz Sadiq told reporters following the meeting with Belarusian President Aleksandr Lukashenko in Minsk on 20 August...

Belarus’ grain harvest past 7.6m tonnes
The regional breakdown is the following: Minsk Oblast harvested 2.059 million tonnes of grain (including rapeseed), Grodno Oblast – 1.741 million tonnes, Brest Oblast – 1.558 million tonnes, Mogilev Oblast – 879,000 tonnes, Gomel Oblast – 732,000 tonnes and Vitebsk Oblast – 660,000 tonnes...

Belarus, Pakistan to cooperate in agriculture, laser technology, AI
The talks between the National Academy of Sciences of Belarus and a delegation of the Academy of Sciences of Pakistan took place on 19 August. The parties discussed promising areas of cooperation in various scientific events...

Positive trends in Belarusian economy keep momentum
Annual inflation fell from 5.8% in June to 5.5% in July, which, along with the stable operation of the economy, makes it possible to ensure a faster growth rate of real disposable incomes of the population (up by 9.6% in January-June 2024)...

Belarus to make list of handicraft activities soon
The president recalled that the law on entrepreneurial activity had been amended this year. Under the new law, artisans made part of the entrepreneurial community...

Lukashenko highlights importance of increasing productivity, reducing losses of livestock
The efforts made have yielded results. There is a positive trend in animal husbandry: this year, the production of milk rose by 6.5%, that of livestock and poultry - by almost 4.5%...

Belarus mulls over national operator of intelligent transportation systems
Aleksandr Lukashenko also inquired about other ways to save the county’s budget funds...

Belarus to take part in tourism exhibitions in Moscow, Beijing, Tashkent
Belarus’ national stand will be presented at the Otdykh [Leisure] tourism exhibition in Moscow on 17-19 September, travel and tourism events in Beijing on 16-18 October and Tashkent on 14-16 November...

Belarus’ grain harvest exceeds 7.5m tonnes
The regional breakdown is the following: Minsk Oblast harvested 2.051 million tonnes of grain (including rapeseed), Grodno Oblast – 1.735 million tonnes, Brest Oblast – 1.557 million tonnes, Mogilev Oblast – 871,300 tonnes, Gomel Oblast – 731,400 tonnes and Vitebsk Oblast – 650,000 tonnes...

Import substitution, new technology seen as major prospects for Belarusian industry
Special attention should be paid to the implementation of import substitution projects. For example, 27 import substitution projects have been agreed with Russia for a total amount of about RUB168 billion...

Lukashenko at Global South summit: Barbaric sanctions have a disastrous effect on your nations
"Thus, restrictions on the export of Belarusian mineral fertilizers have aggravated the problems of food shortage and famine in the poorest countries"...

Grain harvest in Belarus past 7.4m tonnes
Minsk Oblast contributed 1.9975 million tonnes of grain (including rapeseed) to the country’s total grain basket. It was followed by Grodno Oblast – 1.7252 million tonnes, Brest Oblast – 1.556 million tonnes, Mogilev Oblast – 852,100 tonnes, Gomel Oblast – 728,600 tonnes, and Vitebsk Oblast – 625,000 tonnes...

Belarus' retail sales up by almost 12% in January-July 2024
Retail outlets accounted for 94.9% of retail sales. In January-July 2024 they reported Br46.9 billion in retail sale volume, or up by 12.7% as against January-July 2023...

Belarus’ GDP up by 5.5% in January-July2024
According to estimates, in January-July 2024 the GDP amounted to Br137 billion in current prices, up by 5.5% in comparable prices year-on-year...

Belarus’ harvest over 7.3m tonnes of grain, rapeseed
As of 16 August, 7.417 million tonnes of grain (including rapeseed) was harvested, which includes more than 6.352 million tonnes of cereals and leguminous crops (92.3% of the area under these crops, with yields at 33.2 centners per hectare) and 1.065 million tonnes of rapeseed (91.2% of the area, with yields at 29.3 centners per hectare)...