Business news

18 Jul 2016

Myasnikovich invites South Korea to set up joint venture to produce TV sets
“As for our trade and economic cooperation, I think that we could bolster ties in these areas. First of all, I would like to invite one of your companies to build a joint factory to manufacture TV sets and panels. Samsung or LG may be our partners,” Mikhail Myasnikovich said...

18 Jul 2016

Fitch affirms three foreign-owned Belarusian banks at 'B-'/Stable
The three banks' IDRs and Support Ratings factor in the likelihood of support they may receive from their Russian shareholders. BPS is 98.4%-owned by Sberbank of Russia (BBB-/Negative), BelVEB 97.5%-owned by Vnesheconombank...

18 Jul 2016

Lukashenko endorses DBRB’s development strategy for 2016-2020
“We are completing the drafting of a new strategy, so we had to discuss with the head of state the new functions of the Development Bank arising from its growing role in the Belarusian economy"...

18 Jul 2016

Belarusian companies urged to advance cooperation with Chinese partners
Ambassador Kirill Rudy said about the preparation of amendments to the decree concerning the Chinese-Belarusian industrial park. According to the Ambassador, innovations will be used to raise the investment attractiveness of the Great Stone industrial park...

15 Jul 2016

Main infrastructure in China-Belarus industrial park’s starting zone ahead of schedule
The Chinese side assured that the main operations to build infrastructure in the starting zone of the primary development area in the China-Belarus industrial park Great Stone will be completed ahead of schedule in September 2016, said the press service...

15 Jul 2016

Rapota urges to expand opportunities for Belarus-Russia economic cooperation
According to him, now one of the topical issues of bilateral cooperation is the harmonization of the economic policies of Russia and Belarus. “We need to create an economic basis, which, in turn, will help develop cultural links on a wider scale"...

15 Jul 2016

Belarus to sell tractors to Burkina Faso
“We can help the country develop its own infrastructure, develop agrarian industry. Moreover, our strategy is to bring Belarusian competitive industrial and agricultural products to new markets"...

14 Jul 2016

Belarus’ export potential presented in Tanzania
The presentation was arranged as part of the international universal expo East Africa 2016 in the Tanzanian capital Dar es Salaam. Tanzanian foreign trade operators showed a strong interest in Belarusian tractors, dairy products, including baby food, and pharmaceutical products...

14 Jul 2016

Central banks of Belarus, Latvia to arrange seminars, exchange programs
The directors of the central banks of Belarus and Latvia met on 14 July to discuss the expansion of interaction between the two banks. A memorandum of cooperation between the two banks was signed as a result of the meeting...

14 Jul 2016

Belarusian BMZ to sell rolled steel to Western Europe’s largest processing company
According to the source, BMZ has signed a contract with a Dutch company. The volume of signed contracts is close to 20,000 tonnes per month...

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