Business news

3 Dec 2021

Lukashenko urges to step up performance discipline, execute decisions immediately
Aleksandr Lukashenko stressed it is necessary to endure whatever the cost in the face of confrontation with the collective West...

3 Dec 2021

Belarus' foreign trade surplus exceeds $2.7bn in January-October 2021
According to Aleksandr Lukashenko, the results of January-October show that the country’s gross domestic product increased by 2.4%. There is a 7.1% increase in industrial output virtually in all subindustries...

3 Dec 2021

Lukashenko urges government to be more frugal
"It should be remembered that people do not care about figures and indicators. Our citizens are concerned about salary, work, prices. In this context, I would like to know whether we have planned enough measures in the areas I supervise," the head of state addressed the participants of the meeting...

3 Dec 2021

Lukashenko: Export growth can build public trust in ruble, bank deposits
“We should not miss the opportunity to assert ourselves. If we increase foreign exchange earnings, we will have a strong Belarusian ruble. The population will stop being cautious and will put their money on bank deposits or invest in bonds,” Aleksandr Lukashenko said...

3 Dec 2021

Belarus, Russia’s Astrakhan Oblast sign joint action plan for 2022-2024
“We consider Astrakhan Oblast as a consistent and reliable partner. We have significant economic potential for further development of mutually beneficial relations. Moreover, the signed action plan for 2022-2024 will give a new impetus to the bilateral cooperation and let us identify steps to further deepen cooperation in the most significant and strategic areas,” said Aleksei Lyakhnovich...

2 Dec 2021

Lukashenko contemplates privatization of Belarusian state-run enterprises
“Modernization, manufacturing improvement, and the target market are the key. We will set up the joint venture, polish the target markets, and take a look at modernization. Russia is richer, it can lend money to MAZ so that it could get better and catch up in some areas,” the president noted. “You may have to catch up to MAZ’s standards in some parts and MAZ may have to catch up to KamAZ’s standards. And modernization is necessary"...

2 Dec 2021

PM: Belarus intends to advance economic ties with Russian regions
"Direct ties with the Russian regions are part and parcel of foreign policy. We have long been working with Russian regions on the basis of direct agreements, action plans and cooperation programs. This long-term practice, of course, yields great results," Roman Golovchenko said...

2 Dec 2021

Russia’s Astrakhan Oblast eager to facilitate Belarus’ export to Southeast Asia
Igor Babushkin said: “We believe that it is a good offer for exporting Belarusian goods to Southeast Asia because it significantly accelerates transit along this international transport corridor”...

2 Dec 2021

Governor: Astrakhan Oblast and Belarus have enjoyed many years of partnership
In January-September 2021 the trade between Belarus and Russia’s Astrakhan Oblast amounted to $23.1 million, up by almost 29% year-on-year...

2 Dec 2021

Lukashenko: Belarus, Russia to hold military exercise on Belarus-Ukraine border
"We are still making plans, but the first stage will definitely be held in the winter. Everything is ready for this,” the president said. “They will certainly huff and puff over there but we will conduct the exercise. We will be reinforcing that part of the border"...

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