Business news

2 Aug 2022

Belarus’ investment promotion agency seeks to deepen cooperation with BRICS nations
NAIP Director Dmitry Krasovsky spoke in detail about the activities of the agency and its international operations. Belarus’ economic sectors that drew the biggest amount of investments were agriculture, IT and consulting...

1 Aug 2022

Belarus to scale up academic partnerships with UAE
Chairman of the Presidium of the National Academy of Sciences of Belarus Vladimir Gusakov said as he met with Ambassador Extraordinary and Plenipotentiary of the United Arab Emirates to Belarus Ibrahim Salim Mohamed Almusharrekh on 1 August...

1 Aug 2022

Russian woodworking company plans to trade via Belarus’ commodity exchange
For his part, Chairman of the Board of BUCE Aleksandr Osmolovsky pointed to the increased interest of Russian companies in Belarusian woodworking products...

1 Aug 2022

Belarus lowers export duties on oil, petroleum products
In line with the resolution, the export duty on crude oil, furnace oil, oil bitumen, petrolatum, paraffin, and waste oils is now $53 per tonne ($55.2 previously)...

1 Aug 2022

Lukashenko: Belarus can easily increase trade with China
China is traditionally one of the top three trade partners of Belarus. According to the data of 2021, foreign trade reached a record $5.9 billion...

1 Aug 2022

New opportunities in Belarus-China cooperation discussed in Minsk
According to the president, special attention should be paid to trade and economic cooperation between the two countries and also to credit and financial interaction...

1 Aug 2022

Krutoi: Belarus, Russia set to develop common economic space by 1 January 2024
"The tasks are quite conventional. The main thing that the president highlighted is the economy and economic development. Politically, we have already moved from a strategic partnership to a full-fledged alliance. What we need to do is to fill the political cooperation with concrete economic content, primarily trade"...

1 Aug 2022

Belarus develops import substitution in partnership with Russia, other EAEU states
Belarus and Russia are working together on import substitution projects. “The two countries actively work in this area, hold constant negotiations. In principle, the pool of such projects has been defined - there are slightly over 10 of them. We have already worked out projects to the total amount of $1.3 billion"...

29 Jul 2022

PM: Belarus seeks to expand trade and economic contacts with Iran
In 2021 Belarus-Iran trade was estimated at $33.3 million, up by 34.7% over 2020...

29 Jul 2022

Belarus, India intend to intensify economic cooperation
Belarusian Minister of Foreign Affairs Vladimir Makei met with Ambassador Extraordinary and Plenipotentiary of India to Belarus Alok Ranjan Jha in Minsk on 29 July...

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