Business news

7 Apr 2022

Belarus suspends payments to companies from unfriendly states
The document is aimed at preventing resident copmanies from foreign states that make unfriendly moves against Belarusian legal entities or individuals from writing off money from accounts of domestic economic entities...

7 Apr 2022

Belarus to pay some foreign debt holders in Belarusian rubles
While honoring its obligations to repay the principal debt and the interest on foreign state loans taken from the International Bank for Reconstruction and Development, the European Bank for Reconstruction and Development, and the Nordic Investment Bank, Belarus will make payments in Belarusian rubles according to the official exchange rate of the Belarusian ruble against the relevant foreign currency as of the date of the payment...

7 Apr 2022

Belarusian economy support plan approved
The plan envisages support for exports and expansion of lending to exporters regardless of the target market for Belarusian products; reduction of customs duties for imported goods required for export production; possibility of restructuring debts and payment of penalties on customs payments; building new transport and logistics chains to redirect exports...

7 Apr 2022

Belarus’ food exports exceed $1bn in January-February 2022
"The volume of agricultural output stood almost the same as at the start of 2021. As for the food industry, the growth made up 4.2%"...

7 Apr 2022

Fast-track certification of Belarusian nitrogen, compound fertilizers in Russia completed
Roman Golovchenko remarked that OAO Grodno Azot is operating at full capacity in order to supply fertilizers to the home market. Full-fledged deliveries to foreign markets, including to Russia, will begin in June...

7 Apr 2022

PM: Belarus’ economy withstands the West’s sanctions by and large
According to him, in January-February, exports of goods went up by 21.5% year-on-year...

7 Apr 2022

Belarus, Kazakhstan mulling new areas of cooperation
Industry Minister Piotr Parkhomchik met with Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Belarus Askar Beisenbayev at the Industry Ministry of Belarus on 6 April...

6 Apr 2022

Belarus, Russia’s Ivanovo Oblast sign 2022-2024 cooperation advancement plan
The document outlines a number of measures and projects meant to increase bilateral trade turnover, invigorate R&D cooperation and cultural cooperation, realize mutually beneficial projects in the social sphere, in agribusiness, and other areas...

6 Apr 2022

Belarus to increase medication supplies to Kyrgyzstan
Belmedpreparaty, BZMP, Ekzon, Minskinterkaps are taking part in the 16th international healthcare exhibition MedExpo Kyrgyzstan 2022 as one collective stand of Belpharmprom Holding Company...

6 Apr 2022

Free economic zone Grodnoinvest’s export 1.5 times up in 2021
Key target markets for FEZ Grodnoinvest residents are Russia, Poland, and Ukraine. These countries account for 84% of the export volume. FEZ Grodnoinvest resident companies ship their products to a total of 63 countries...

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