Business news

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...

Number of EV charging stations in Belarus up to 1,200
According to Belarusian Energy Minister Viktor Karankevich, in Q1 2024 the amount of electricity consumed by EV charging stations nearly doubled in comparison with Q1 2023 to reach 7.5 million kilowatt-hours (kWh)...

Belarus’ GDP up by 5.1% in January- April 2024
The GDP deflator index was 8.4% over January- April 2023...

Azerbaijan, Belarus agree to boost trade, economic, manufacturing cooperation
In addition, the talks focused on the development of relations in the military-industrial complex, agriculture, transportation - all the issues that will be of practical importance for the development of the economies of the two countries...

Lukashenko, Aliyev discuss ways to expand Belarus-Azerbaijan manufacturing cooperation
Azerbaijan is also interested in the production of rolling stock for railroads such as flatbed cars and tank cars. Belarus is ready to share its experience in this field as well...

Belarusian tractor maker MTZ to deliver over 720 to Azerbaijan by 2024 year-end
Last year, MTZ delivered about 800 tractors to Azerbaijan for more than $17 million, in January-April 2024 - about 200 units for more than $3 million. Exports are growing both in physical and value terms, the press service noted...

Belarus signs $54m worth of agreements at Caspian Agro in Baku
The signing ceremony, which included 20 contracts, memorandums and agreements, took place after the opening ceremony of the agricultural forum...

Share of Belarusian tractors in Azerbaijani market at 80%
Vitaly Vovk, Director General of the Belarusian tractor engineering company MTZ, told the media on the sidelines of Caspian Agro in Baku...

Belarus’ National Pavilion on display at Caspian Agro, Interfood expos in Baku
Caspian Agro and Interfood Azerbaijan are the largest agricultural exhibitions in the Caucasus. This time they have united about 500 companies from 38 countries. Belarus is presenting its products for the fifth consecutive year...

Vice premier: Trade between Belarus, Azerbaijan contributes to food security
“Belarus always takes an active part in the Caspian Agro and Inter Food exhibitions. Today Belarusian companies showcase meat, fish, dairy, confectionery products, alcoholic beverages and other types of food, as well as fertilizers, chemicals for plant treatment, veterinary drugs, a wide range of ready-made agricultural machinery and tire products,” Igor Petrishenko said...

Azerbaijan ready to study Belarus’ experience in developing agro-towns
Belarusian Agriculture and Food Minister Sergei Bartosh is on a working visit to Baku. On 14 May, he held a meeting with the Azerbaijani counterpart...

Russian marketplace Wildberries now offers Belarus-made goods in dedicated section
The Belarusian Chamber of Commerce and Industry can verify the Belarusian origin of such goods as a service...

Belarus’ foreign trade at $23.4bn in Q1 2024
The export made up $11.6 billion, with import at $11.7 billion...