Business news

1 Apr 2021

Trade minister urges to support domestic producers instead of fighting against import
According to the Ministry of Antimonopoly Regulation and Trade (MART), Belarus-made products account for 77% of foodstuffs and about 43% of non-food products sold in Belarus. Their share in total trade is about 60%...

1 Apr 2021

Glazyev: Any economic success of Belarus provides integration effect for the EAEU
"Why has the Belarusian economy been a powerful engine of integration processes for a long time? Belarus is tied by industrial and technical cooperation, or, more precisely, the Belarusian economy, with the Russian partners, and this cooperation is based on creating products with high added value"...

1 Apr 2021

Belarusian commodity exchange reports soaring sales of seeds, plant protection agents
The opportunity to find sellers and buy the necessary amount of products in one go appealed to big agricultural enterprises and holdings that previously had not traded via the exchange. At present, our every trading session features around 80 suppliers, which enables buyers to choose the best offer from the available ones...

1 Apr 2021

Belarus, Palestine discuss ways to step up economic cooperation
The parties touched upon the most important issues on the Belarusian-Palestinian agenda, including practical steps to boost trade and economic cooperation and interaction between the two countries within international organizations. The parties also discussed the current situation in the Middle East...

31 Mar 2021

Belarusian Amkodor testing new forwarder
The Amkodor FF1681’s back plate can be adjusted to better accommodate the logs it transports and distribute the load on the wheels. The cargo box can be expanded by 0.6m for transporting shortwood...

31 Mar 2021

Plans to launch new project to produce biotechnologies at Great Stone industrial park
According to Dmitry Pinevich, plans are in place to implement an investment project to launch the production of biotechnological products and, perhaps, recombinant vaccines against COVID-19...

31 Mar 2021

Belarus to roll out first commercial batch of Sputnik V in mid-April
Belmedpreparaty will manufacture 500,000 vaccines every month. The minister emphasized that each of these 500,000 vaccines will have two doses. In other words, they are meant for the two-dose vaccination of 500,000 people...

31 Mar 2021

Mozyr Oil Refinery processes more oil in January-February
According to preliminary estimates, Mozyr Oil Refinery will process 815,000 tonnes of oil in March...

31 Mar 2021

Belarus' external state debt 1.4% down to $18.3bn in February
In January-February 2021 Belarus spent $386.4 million to repay the external state debt, including $188.4 million to the Russian government, $186.2 million to Chinese banks and $11.8 million to the IBRD...

31 Mar 2021

BelCCI launches Export Online project
In order to access large e-commerce platforms of China, Russia, the United States, and the EU, the BelCCI plans to organize a series of online events within the framework of the Export Online project to tell about export through digital cross-border trade platforms...

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