Business news

Belarusian commodity exchange, China’s Shenyang to cooperate in exchange trading
According to BUCE, this year the Chinese business made an active use of the exchange mechanism to work in the Belarusian market. The volume of transactions rose significantly...

Belarusian health resort industry to post record-high customer numbers in 2023
"By the end of 2023, we will reach the largest number of people who have undergone treatment and rehabilitation in recent years.In terms of total revenue, we also have an increase of 25-30%. It will amount to about Br1.5 billion," Gennady Bolbatovsky said...

Belarus’ PM holds talks with Moscow mayor
In January-October 2023, trade between Belarus and Moscow amounted to $5.1 billion, up 21% compared to the same stretch of the previous year...

Lukashenko approves draft amendments to EAEU Customs Code Treaty in e-commerce
It envisages the establishment of an e-commerce operator institution to provide logistics and customs clearance of transactions with goods purchased by individuals online...

Belarus' GDP up by 3.8% in January-November
In January-November 2023 Belarus' GDP was estimated at Br198.1 billion in current prices, up by 3.8% year-on-year in comparable prices...

Direct flight to connect Minsk, China’s Sanya
From January 2024, the Chinese airline will launch a direct flight from the city of Sanya, Hainan Province, to Minsk using an Airbus A330-300 (279 seats in Economy Class and 24 in Business Class). Flights will be operated twice a week (on Tuesdays and Saturdays)...

Moscow Oblast governor: We value cooperation with Belarus
The governor told journalists following the meeting that cooperation with Belarus is already in full swing in many areas...

Belarusian PM: CIS economies get back on growth track
He cited some data to confirm: In January-September 2023 the GDP of the CIS member states rose by more than 2% year-on-year, industrial output - by 3.4%, cargo transportation - by almost 6%, retail - by 5%...

Belarusian PM calls CIS countries to move forward in sync
He urged, among other things, to tap into the practices that have proved effective in the EAEU and the Union State...

Lukashenko: Belarus-Moscow Oblast trade will be all-time high in 2023
Moscow Oblast is a strategic partner for Belarus, the head of state emphasized. It ranks first among Russian regions in terms of trade with Belarus...

Belarusian Steel Works ramping up output, raising wages despite sanctions
Our steel output will reach 2.310 million tonnes, up 15% over the previous year. The index of the physical volume of production will go up by 12%. We will increase the export of rolled ferrous metals,” the director general informed...

Belarus seeks to resume export of potash fertilizers to India
“It stands ready to cooperate. There was a slight decline due to objective reasons, namely the sanctions on our country, problems with logistics worldwide. The obstacles placed by many Western countries could not deter our growth,” the ambassador remarked...

Minister: Africa is very interested in Belarus’ agricultural technologies
"We plan to supply equipment, fertilizers, and plant protection agents. They will be able to get a good harvest, and we will have regular consumers,” the minister noted...

Company from South Africa interested in Amkodor’s machinery
Amkodor hosted a delegation from the Republic of South Africa, namely representatives of IntelliSense Technologies (Pty) Ltd...

PM shares details of Belarus-Russia import substitution projects
The prime minister recalled that Gomselmash was one of the first to launch a project using Russia’s line of credit. At present 23 projects are in the works, there used to be 16...

Belarus to produce $29bn worth of import-substituting goods in 2023
The prime minister noted that import substitution projects are being implemented in different sectors...

Belarus' gross external state debt down by $3.1bn in January-September
In relation to GDP, the external debt decreased from 54.4% as of 1 January 2023 to 49.6% as of 1 October, which is the minimum since 2011...

India seen as one of Belarus’ key partners in Asia
Belarus and India are discussing a number of investment projects, which will serve as an additional impetus for the development of dynamic and fruitful relations between the two countries...

Belarus, Kazakhstan outline areas of cooperation in agriculture
There are 260 trade facilities in Kazakhstan which sell Belarusian food. Work is underway to ship Halal products...

Kazakhstan ambassador comments on popular imports from Belarus
The diplomat stressed that last year the Belarus-Kazakhstan trade exceeded $1 billion...