Business news

Minister: Belarus is interested in joining SCO promising projects
“Belarus wants to make the most of its potential to achieve the SCO goals. Taking into account the strategically important geographical location of our country, we are ready to bring a lot to the table using our industrial, scientific and transit potential,” the industry minister emphasized...

Golovchenko to visit Russia’s Yekaterinburg on 9 July
The head of government will attend the international industrial exhibition INNOPROM taking place in Yekaterinburg these days...

Newcomer to China-Belarus Industrial Park Great Stone to make medical products
The company plans to launch production of medical products for various kinds of healthcare facilities...

Made in Belarus exposition opens at INNOPROM expo in Yekaterinburg
The Belarusian exposition is on par with the exposition of this year's partner country, the United Arab Emirates, in terms of the number of new products and exhibits. The Belarusian stand has aroused a great interest among professional visitors, representatives of foreign companies and the business community...

Belarus takes part in China Lanzhou Investment and Trade Fair
This year, Belarus’ national pavilion features 13 leading enterprises of Grodno Oblast in various fields: meat and dairy, glass, chemical industry, woodworking, logistics and tourism...

Belarus to take part in INNOPROM expo in Russia’s Yekaterinburg
Belarus will run its national exposition in Yekaterinburg Expo center. More than half of exhibits (16 out of 24) are enterprises of the Industry Ministry...

Belarus’ diplomat attends World Artificial Intelligence Conference in Shanghai
The forum’s main theme is “Governing AI for Good and for All”. It is a key platform for discussing the latest solutions, challenges and prospects in the field of information technology...

Belarus ratifies EAEU-Iran free trade agreement
After duties are scrapped, Belarusian products will be more competitive on the Iranian market...

Belarus’ gold, forex reserves at $8.359bn on 1 July 2024
According to the main monetary management guidelines for the year 2024, Belarus’ international reserve assets are projected to be at least $6 billion at the end of 2024...

PM: Belarus expects a better harvest this year
The Belarusian president set a task to increase the agricultural output by at least 6-7% over last year, the head of government recalled...

Lukashenko encourages SCO to take steps to reduce dependence on U.S. dollars
Creating a mechanism for bilateral payments in national currencies should be a priority. Belarus President Aleksandr Lukashenko made the statement during the SCO+ meeting. It was one of the steps the head of state suggested towards creating Greater Eurasia...

Belarusian companies might take part in food expos in Riyadh, New Delhi
New Delhi will be hosting the international food industry exhibition World Food India on 19-22 September...

Belarus, Pakistan working on 2025-2027 trade promotion roadmap
During the meeting with the federal minister for commerce, who is the co-chair of the bilateral intergovernmental commission, the parties discussed cooperation in trade, economy, industry, agriculture, and the banking sector...

Lukashenko: No surplus of electricity if another NPP is built in Belarus
He noted that not only industry and households need electricity...

Heads of Belarus’ industry giants expect continued growth in short term
The company heads pointed to an increase in demand and prices for their products, a rise in output that was driven partly by solid demand abroad, and the preservation of a high capacity utilization rate...

Manufacturing sector’s share in Belarus’ GDP at 27.5% in 2023
The manufacturing sector’s share in merchandise export increased by 0.5 percentage points to 94.1%. Belarus’ industrial output amounted to Br187.8 billion in 2023, with Minsk Oblast and Gomel Oblast in the lead...

31.5bn kWh of electricity generated by Belarusian nuclear power plant so far
“The project brought together scientific and engineering schools, tens of enterprises and thousands of specialists of our countries. It became a powerful impulse for broad assimilation of cutting-edge technologies in power engineering and allied sectors. Essentially a new economy branch has been created in our country – nuclear energy industry”...

Lukashenko expects innovations to become key driving force of Belarusian, Russian economies
Aleksandr Lukashenko pointed out that it is impossible to develop an innovative economy in Belarus and Russia without an active stance of the regions: “The establishment of high-tech enterprises at the local level can become the most promising and sustainable points of economic growth”...

Chebotar: Economies of Belarus and Russia complement each other instead of competing with each other
The economy minister pointed out the serious intellectual potential of the two countries. Belarus is in the top ten countries in terms of training specialists in the field of science and technology, export of IT services, creation of mobile applications, and the number of ISO 9001 quality certificates...

EDB to finance projects worth $1.5bn in Belarus by 2026
“We provide non-sovereign lending. A number of projects [are being financed],” he said. For example, last year the organization started funding the Prilesie Logistic complex...