Business news

Belarusian timber now sold to South Korea via commodity exchange
Since South Korean companies had not participated in BUCE trade sessions before, the deal was the first experience of using exchange-facilitated trade between the Republic of Belarus and the Republic of Korea...

Prospects for business cooperation between Belarus, Kazakhstan discussed in Minsk
Nikolai Borisevich briefed the ambassador on the competencies of the center as a national institution to facilitate foreign economic activity and an operator to support the participation of Belarusian companies in foreign procurement programs (in particular, the EAEU countries)...

PM: Russian investment in Belarus’ economy up one third in H1 2023
"In the first half of the year, Russian investments in the real sector of the Belarusian economy soared by one third compared to the previous year and amounted to more than 60% of all foreign investment"...

Belarus, Russia back on steady growth track
"Joint ventures to assemble agricultural machines have been established in Russia’s Krasnodar Territory, Novosibirsk Oblast, the Republic of Tatarstan this year alone"...

Belarus-UAE investment service agreement in high degree of readiness
Negotiations began on specific parameters of access to selected services sectors as part of the discussion on trade in services...

Belarus interested in supplying quarry trucks to Venezuela
Piotr Parkhomchik also expressed interest in developing cooperation in the field of forestry, timber industry, science, education and tourism...

Belarus, Venezuela seek cooperation in tourism
Despite the absence of direct flights between the two countries, there is an opportunity to use the Caracas-Moscow flight operated by the Venezuelan airline Conviasa to exchange tourist flows...

Venezuela eager to restore dynamics of relations with Belarus
According to Ricardo Menendez, the sides are now focused on matters of mutual interest: “First of all, we are talking about rebooting the joint ventures for making tractors and automobiles. There is interest in cooperation in petrochemical industry"...

Belarus interested in resuming vehicle assembly in Venezuela
Piotr Parkhomchik said: “I can assure you that Belarus is also interested in resuming the operation of MAZ-VEN and Veneminsk Tractores assembly enterprises in Venezuela as fast as possible. However, the projects should be economically expedient and effective, profitable for both sides”...

Belarusian vice premier outlines cooperation prospects with Venezuela
Belarusian Deputy Prime Minister Piotr Parkhomchik outlined promising areas of cooperation with Venezuela during the plenary session of the Belarusian-Venezuelan joint commission on trade and economic cooperation...

Belarus to take part in Russian Industrialist forum
The collective exposition of the Industry Ministry will unite about 15 enterprises and organizations of the country. The participants of the exhibition will also take part in the events of the business program, visit industrial enterprises...

National Center for Marketing to present Belarus’ exposition at Vietnam Expo
In the run-up to this event, the parties discussed a bilateral cooperation agreement to be signed during a face-to-face meeting...

Belarusian commodity exchange, China timber trade association sign memorandum of cooperation
"To date, China is the largest buyer of sawn timber at exchange trading. In less than 11 months, more than 467,000 cubic meters of Belarusian timber products were sold to the Chinese market. This is almost five times more than in January-November of last year," the BUCE press service said...

Minsk to host Belarusian-Indian business forum
The forum will feature discussion of cooperation prospects in agriculture and food, machine engineering, chemical industry (pharmaceuticals), information technologies, and tourism...

Great Stone Park, China’s Shanxi Province discuss cooperation areas
During the talks the head of the delegation presented the key areas developed in Shanxi Province, including mechanical engineering, traditional Chinese medicine and a number of others...

Belarus-Yakutia trade almost doubles in January-September 2023
They discussed the organization of meetings to exchange experience in forestry and the organization of hunting farms, production of unmanned aerial vehicles, participation of Belarusian companies in the development of dairy farms, and many more...

Belarus, Qatar discuss cooperation in trade
An agreement was reached to cooperate in expanding the network of business contacts of the center with Qatari structures supporting foreign economic activity...

Russia plans to expand Belarusian food line-up in its market
"The signing of the protocol to the Union State program for the common agricultural policy is a good example of cooperation for other Russian and Belarusian agencies," Ambassador Boris Gryzlov said...

Belarus ranks largest food importer to Russia
“According to last year's data, Belarus, with a share of 16.4%, confidently ranks first among food importers to Russia. Belarus keeps trade surplus in the segment, making a significant contribution to the stable functioning of the country's economy,” the Russian ambassador to Belarus said...

Belarus-Russia trade at $35.5bn in January-September 2023
"In January-September of this year, the trade between Belarus and Russia hit $35.5 billion, which was almost up by 11% year-on-year, when mutual trade broke all records. But, as the say, sky is the limit for our governments and enterprises as they are continuously working to bolster trade even more," Valery Belsky said...