Business news

13 Sep 2021

BUCE to increase volume of transactions with foreign lumber
As of 14 September the Belarusian Universal Commodity Exchange introduces lumber, a new commodity group in the trade of timber to the foreign market, by non-residents of Belarus...

13 Sep 2021

PM: Belarus, Russia working out potash fertilizer transportation scheme
The prime minister explained that it is much more difficult to transport potash fertilizers than petroleum products because of their larger volume...

10 Sep 2021

Belarus' export up by 32.2% to $26bn in January-July
In January-July 2021 Belarus' foreign trade totaled $50.27 billion, up by 30% year-on-year...

10 Sep 2021

Belarus, Russia reconcile joint response to Western sanctions
The relevant arrangement is specified by the joint statement of Prime Minister of Belarus Roman Golovchenko and Prime Minister of Russia Mikhail Mishustin on the current progress and further steps on advancing integration processes within the framework of the Union State of Belarus and Russia...

10 Sep 2021

Belarusian commodity exchange posts 1.5-time increase in prices for rapeseed oil
According to BUCE, since the beginning of the year the price for rapeseed oil sold for export via BUCE has increased almost 1.5 times, which generated $600,000 in additional revenue for domestic producers...

10 Sep 2021

Belarusian Light Industry Association to cooperate with Russia's Soyuzlegprom
The Belarusian Light Industry Association and the Russian Union of Entrepreneurs of Textile and Light Industry (Soyuzlegprom) have signed a memorandum of cooperation during the international exhibition of fabrics and textile materials Interfabric 2021. Autumn, which is underway in Moscow...

10 Sep 2021

Belarus to get over $600m as credit support from Russia by late 2022
President of Russia Vladimir Putin made the statement after negotiations with Belarus President Aleksandr Lukashenko in Moscow on 9 September...

10 Sep 2021

Putin: Belarus and Russia have agreed to pursue a common macroeconomic policy
The sides also agreed to work out common methods for harmonizing all the indirect taxes. A body may be set up in the future to control these processes...

10 Sep 2021

Next year’s price for Russian natural gas for Belarus unchanged
"A document will be signed by 1 December 2023 on creating the common natural gas market within the framework of the Union State of Belarus and Russia"...

9 Sep 2021

Fifty dual-mode trolleybuses delivered for Ukraine's Kharkov
The diplomatic mission noted that the passenger vehicles have been assembled on the basis of the Belarusian body MAZ-203T at the Polytechnoservice assembly plant in Brovary, Kiev Oblast...

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