Business news

4 Jan 2023

Number of companies in Belarusian FEZs 10% up in 2022
As many as 53 new resident companies were registered with free economic zones, the China-Belarus industrial park Great Stone, and the special economic zone Bremino-Orsha in 2022...

4 Jan 2023

Belarusian MTZ’s vehicle output 6% up in 2022
Meanwhile, enterprises run by the holding company MTZ increased vehicle production by about 1,500 units. About 2,500 tractors were sold on the domestic market...

4 Jan 2023

Innovative fire trucks of Belarusian make shipped to firefighters
They were made using innovative composite materials, which resist corrosion and meet the highest requirements of the firefighting and rescue service...

3 Jan 2023

Belarus, China discuss opening new online shops to sell Belarusian goods
Yuri Senko and Li Zhonghan discussed cooperation results achieved in 2022, including the promotion of the project concerning Belarus’ national pavilions on China’s digital platforms, as well as plans for cooperation in 2023...

3 Jan 2023

Belarus reduces export duties on oil, oil products
In line with the resolution the size of the export duty on crude oil, furnace oil, oil bitumen, petrolatum, paraffin, and waste oils is now $16.7 per tonne ($43.3 per tonne previously)...

3 Jan 2023

New FEZ Vitebsk resident company to make fuel-powered tools in Polotsk
The company intends to start import-substituting production of gasoline-powered chainsaws, grass trimmers, bush cutters, hedge trimmers for forestry enterprises at a site in Polotsk...

3 Jan 2023

Belarus’ export of civil engineering services at $440m in 2022
Ruslan Parkhamovich explained that the volume of construction and installation work in Belarus dropped due to a decrease in investments...

3 Jan 2023

PM: Belarus’ economy will retain social focus in 2023
"We have adopted plans for the year. They have been approved. We need to ensure decent growth. The key issue is investment. We need to invest more than 20% in the country's economy. All this should give impetus, including to new jobs, especially in the regions"...

30 Dec 2022

China-Belarus Industrial Park Great Stone closes year on a positive note
The China-Belarus Industrial Park Great Stone closed the year by signing a lease agreement with its resident company IPD Group on 30 December. The leased area is 5,500 sq.m. This transaction is one of the largest this year in the industrial real estate market of the country...

30 Dec 2022

Ambassador: Sudan is interested in Belarus’ experience of agricultural development
The ambassador noted that agriculture and manufacturing industry are well-developed in Belarus. "Therefore, we should learn from the experience of Belarusian partners in this area. We have the opportunity for many joint projects. Sudan is a large agrarian country that needs new technologies," he stressed...

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