Business news

Belarus’ GDP up by 4.1% in Q1 2024
The GDP deflator index was 8.7% over Q1 2023...

Belarus expects to get at least 9m tonnes of grain in 2024
“We plan to get at least 5 million tonnes of sugar beet, 55,000 tonnes of flax fiber (at the level of the previous year), 568,000 tonnes for vegetables, 225,000 tonnes of fruit and berry, 9.8 million tonnes of grass fodder,” Ivan Kaskevich said...

Lukashenko briefed on progress in Belarusian cattle breed project 2024
The breeding experiment has been going on in three farms for several years and is yielding good results. Red cows are superior in terms of milk yield to traditional black-and-white breeds...

Belarus’ energy independence at 27.5%
Today, the country consumes about 3.2 million tonnes of fuel from its own energy resources, which makes it possible to replace about 3 billion cubic meters of natural gas annually...

Lukashenko suggests building poultry breeding and genetics center
According to the president, the strategic task is to ensure technological and biological protection of poultry farming, to increase the output to 800,000 tonnes of poultry meat and 4 billion eggs...

Lukashenko sets tasks for agricultural industry
“The tasks for 2024 are much more ambitious than previous ones. It is necessary to harvest about 10 million tonnes of grain, 5 million tonnes of sugar beets and more than a million tonnes of rapeseed this year,” the president said...

Lukashenko: Belarusian mechanical engineering can meet all needs of farmers
The head of state noted that any equipment can malfunction, but the domestic machines are maintained at a very high level...

Belarusian agricultural industry urged to aim for $9bn in exports in 2024
Today, according to him, the task is to move on, to make the work of the agricultural industry more sustainable, and its development progressive.юю

Mechanism for shipping medications from Cuba to Belarus extended
Belarus President Aleksandr Lukashenko signed decree No.151 on realizing an international agreement. The document is designed to maintain effective mutual cooperation between Belarus and Cuba...

Algeria agrees to certify Belarusian dairy supplies
Minister of Foreign Affairs of Belarus Sergei Aleinik met with Minister of Agriculture and Rural Development of Algeria Youcef Cherfa, who was appointed co-chairman of the Belarus-Algeria cooperation commission in trade, economy, science and technology...

Belarus, Russia approve set of measures to stimulate investment activity
He noted that the Belarusian sectors looking to attract Russian investments are very diverse: mechanical engineering, instrumentation and others...

PM: Belarus, Russia need to clear up import substitution issues
The prime minister of Belarus remarked that the joint microelectronics program is running pretty smoothly...

Golovchenko: Belarus-Russia economic cooperation is gaining momentum
"Last year mutual trade in goods and services exceeded $53 billion, showing an increase of 6.5%"...

Belarus, Uzbekistan thrash out plans to deepen economic cooperation
Director of the National Center for Marketing and Price Study of Belarus Nikolai Borisevich has met with Chairman of the Board of Uztrade Abror Kurbanov...

Belarus to reorient 25% of machinery exports to Africa by 2030
Industry Minister Aleksandr Rogozhnik said in an interview to ONT TV channel...

Belarusian automaker MAZ ready to expand cooperation with Nicaragua
In 2023, following the intergovernmental agreement between the two countries, MAZ shipped nine MAZ-5551 and six MAZ-6501 trucks to Nicaragua...

Belarusian Mogilev Oblast presents its industrial, investment potential at VDNKh in Moscow
During the event, Mogilevliftmash, Krasny Pischevik, FEZ Mogilev held their presentation events...

Belarus’ Mogilev Oblast succeeds in reorienting exports to Russia, Africa
In words Ruslan Strakhar, the enterprises of Mogilev Oblast sells to more than 100 countries, while the annual export volume reaches $2.5 billion. The Belarusian region has a trade surplus of $900 million...

Agriculture ministry: Sanctions will not hamper planting effort in Belarus
"We have no unresolved problems today, because people there also want to do business and try to survive in this rather complicated situation. Research institutes and scientific centers are involved, the academy makes a big contribution, providing us with a full range of domestic seeds"...

Lukashenko: Belarus and Russia have overcome sanctions
The president said that he discussed some economic issues with his Russian counterpart in the Kremlin...