Business news

2 Dec 2021

Lukashenko comments on prospects of Belarus-Russia single currency
"When Yeltsin and I signed the agreement, we meant that it would not be a Belarusian ruble or a Russian ruble, but some other currency. Yet, since our currency is called a ruble, and your currency is also called a ruble, why should we invent something else and call the single currency a thaler or something. Yes, it will be a ruble,” the president said...

1 Dec 2021

Belarus’ losses from Western sanctions described as minuscule
He noted that enterprises in Belarus did not go into lockdown during the pandemic. "We did not stop the economy, and we were lucky in that regard," Aleksandr Lukashenko said, explaining that Belarusian producers got a chance to tap more into foreign markets at a time when other countries were on lockdown...

1 Dec 2021

Protocol on Russian natural gas prices for Belarus in 2022 signed
The price Belarus will pay for natural gas in 2022 has been set taking into account this year’s terms - $128.52 per 1,000m3...

1 Dec 2021

China-Belarus Industrial Park Great Stone presented for foreign diplomats in Moscow
According to the diplomat, Belarus has developed a comprehensive system of support and preferences for investors...

1 Dec 2021

Enterprises of Russia’s Leningrad Oblast eager to sell confectionery, furniture via BUCE
These Russian goods will be sold via the digital B2B platform of the Belarusian Universal Commodity Exchange where similar products are already traded. In particular, deals to sell office furniture, food, and various kinds of packaging are made virtually every week...

30 Nov 2021

Belarus, IAEA to sign 2022-2027 framework cooperation program soon
Sergei Aleinik and Hua Liu noted that the International Atomic Energy Agency’s technical cooperation program represents an effective tool for spreading cutting-edge practices, for providing technical and expert support to the countries that peacefully use nuclear technologies. They also stated Belarus’ active participation in the program...

30 Nov 2021

Belarus' export of computer services up to $2.2bn in January-September 2021
Computer services accounted for 29.4% of Belarus' total export of services in January-September 2021. Computer services rank second to transport services in terms of the export volume...

30 Nov 2021

Belarusian Krichevtsementnoshifer to refresh product range by 70% in January 2022
Krichevtsementnoshifer will refresh the product range due to transition to a new cement manufacturing standard. For instance, the product range will include the new straight cement Tsem-0. It will be the highest quality product...

30 Nov 2021

Stage 5 engines of Belarusian MMZ to be tested in Germany
The Belarusian company started designing Stage 5 engines in 2018. The engines are compliant with this environmental standard thanks to fuel equipment and an advanced exhaust gas purification system...

30 Nov 2021

Belarus, Russia reconcile plans to create common markets of gas, electricity
“As far as the gas sector is concerned, our Russian partners and us have to determine the fundamental principles of operation of the unified market and to ensure the convergence of working conditions for our enterprises,” Viktor Karankevich said...

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