Business news

Chinese contractor hands over maintenance of Vitebsk hydropower plant to local electric company
According to the source, the Vitebsk hydropower plant is the country’s most powerful hydropower plant. It comprises four turbines with the total output of 40MW. Its designed annual output is supposed to satisfy needs of all consumers in Vitebsk District...

Plans to set up Belarusian-Uzbek light industry joint ventures discussed
The establishment of joint ventures in Uzbekistan was discussed. The sides talked over cooperation in leather and footwear industries, cooperation in delivering popular Belarusian products to Uzbekistan and in shipping Uzbek products to satisfy needs of Bellegprom enterprises...

Belarusian companies no longer required to sell forex proceeds
Once commercial entities no longer have to sell part of their foreign currency proceeds, the competitive ability of Belarusian exporters will be bolstered...

Beijing’ tourist industry presented in Minsk
This presentation is designed to tell more Belarusian tourists about the Chinese capital, a representative of the Beijing municipal tourism authorities said...

Plans to sell Belarusian government bonds in Russia in 2018-2020
The Belarusian Finance Ministry intends to penetrate the Russian market as part of the efforts to diversify the investor base and borrowing instruments...

Poland’s Lodz Province to cooperate with Belarus’ Vitebsk Oblast in agriculture
According to Marek Mazur, the Polish delegation has come to learn more about the agriculture and food production industries in Vitebsk Oblast and is going to visit some local farms...

British private sector interested in cooperation with Belarusian Borisovski DOK
The British side expressed interest in cooperation with the company. Negotiations are underway. Details of delivering the first few batches of merchandise to the UK are being worked out...

Belarus’ external debt down 1.7% in January-June 2018
As of 1 July 2018, Belarus’ external debt totaled $16.4 billion, down by $288.2 million or 1.7% from the beginning of the year (taking into account differences in currency exchange rates)...