Business news

25 Oct 2022

Belarus, Russia advance strategic cooperation in space exploration
Sergei Shlychkov said: “Belarus tightly cooperates with the Russian Federation in the space industry. Seven R&D programs of the Union State of Belarus and Russia have been implemented. Another program is about to begin. We are contemplating the development of a full-fledged joint strategy for space exploration on the scale of the Union State”...

25 Oct 2022

Russia among most active users of BUCE import substitution platform
According to the analytical report prepared by the BUCE specialists, in June-September 2022, Russian companies concluded 165 transactions for the sale and purchase of import-substituting products for a total of Br8.5 million...

24 Oct 2022

Belarus, Ethiopia discuss trade, economic cooperation
A business forum has been launched in Addis Ababa. The forum is attended by Belarusian companies representing various sectors of the economy and educational institutions...

24 Oct 2022

Belarus’ central bank optimistic about inflation prospects
According to him, the situation in the economy necessitated rising the interest rates on deposits in order to "encourage people to keep their savings deposits". And this strategy has worked...

24 Oct 2022

Belarus’ gold, forex reserves changing due to growing transactions in Russian rubles, yuans
"Our gold and foreign exchange reserves hover at $7.5 billion. We’ve repaid the external state debt by spending $900 million from the gold and foreign exchange reserves just like we planned. We don’t expect the gold and foreign exchange reserves to drop below $7 billion till the end of the year"...

21 Oct 2022

PM: Belarus looks to sign a loan agreement with EDB this year
According to him, the matter pertains a craft paper production project at Svetlogorsk Pulp and Paper Mill and also projects to make a certain range of medical products, medicines in Belarus, some industrial projects...

21 Oct 2022

EAEU lauded for great strides in leveling playing field for economic agents
In his words, the most important issue is the formation of common energy markets on fair terms...

21 Oct 2022

Belarus attends Forum on Eco-Farming in South Korea
Andrei Chernetsky added that Belarus was implementing the Precision Farming project. It envisages a pilot project Digital Field to develop a digital copy of an agricultural enterprise...

21 Oct 2022

Belarus invited to join Myanmar’s industrialization projects
According to Min Aung Hlaing, Belarus is a strategic partner for Myanmar...

20 Oct 2022

Belarus suggests joint manufacturing project to Armenia
"We are considering cooperation in mechanical engineering, setting up of joint ventures. Belarusian elevators are very much in demand in Armenia. We participate in the elevator replacement program. Belarus’ Mogilevliftmash came up with an initiative to establish an elevator production in Armenia - an assembly plant with the localization of certain elements. The project means new machine-building competencies and new jobs for Armenia,” the prime minister said...

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