Business news

11 Aug 2022

Foreign investments in Belarus economy at $4.3bn in H1 2022
According to the National Statistics Committee, the main investors in Belarusian companies were commercial entities of the Russian Federation (45.3% of the total incoming investments), Cyprus (20%), Netherlands (6.4%), and Ukraine (5.2%)...

11 Aug 2022

PM promises tit-for-tat response to seizure of Belarusian property abroad
“We are working out our countermeasures. Everything will be done in a civilized manner. All the property of both legal entities and individuals of unfriendly states in the Republic of Belarus has been identified and counted,” Roman Golovchenko said...

11 Aug 2022

Belarus decides in favor of creating port facilities in Russia’s northwest
Belarus now cooperates with nine Russian ports on different seas. Special rates are in effect and they benefit both sides...

11 Aug 2022

BUCE electronic import substitution platform features 50,000 commodity items
"In May, the BUCE launched an electronic platform for import substitution. In light of the sanctions pressure on businesses, logistical links have been destroyed"...

10 Aug 2022

PM reveals secrets of Belarusian economic model
Despite the sanctions and the related challenges, the Belarusian economy has achieved an unprecedented balance as far as quality indicators are concerned...

10 Aug 2022

New Great Stone resident to produce innovative chemical products
"The company plans to implement an investment project in fine chemistry. A research laboratory will be organized before the start of production"...

10 Aug 2022

Belarus, UAE discuss partnership business prospects
The parties are working on holding an online seminar for Belarusian businesses on opportunities to enter third markets using the Dubai hub and organizing a sectoral video conference for UAE business on the prospects of doing business with Belarus...

10 Aug 2022

Over 3.8m tonnes of grain threshed in Belarus
“According to the latest information, Belarus has threshed 3,836,600 tonnes of grain, with the average yield at 37.7 centners per hectare. Last year the average yield at this stage of harvesting was lower, 32 centners per hectare,” the ministry informed...

9 Aug 2022

Sanctions seen as blessing for Belarusian agriculture
The agriculture and food minister reported that this year the agricultural industry is facing an ambitious task: to reach $7.8 billion in exports, which will be $1.1 billion more over 2021...

9 Aug 2022

PM: Belarus’ economy remains extremely balanced despite sanctions
According to the prime minister, in order to make up for the income lost to the sanctions, a set of measures has been taken to boost production and export in other industries. An increase in production of certain goods will push gross output up and generate additional revenue...

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