Business news

27 Jan 2021

Russian government okays draft agreement on transshipment of Belarus' cargoes via Russian ports
According to the draft agreement, the volume of transshipment can amount to 2-3.5 million tonnes per year. The agreement is expected to remain in force until the end of December 2023...

27 Jan 2021

Sawn timer worth $2.4 m sold to China at Belarusian commodity exchange
Special exchange trades sell timber products with delivery to the final consumer in China. At the same time, the buyer can choose the most convenient basis of delivery. For example, at the last trading session, all the volume of sawn products put up on sale was purchased with delivery to Qingdao, the largest seaport in Shandong Province...

26 Jan 2021

Belarus, Russia to sign agreement to redirect Belarusian transit freight to Russian ports
“This task was set forth by the president in connection with the known approaches of the Baltic countries and their unfriendly position towards Belarus. Therefore, we are working on this task and are planning to sign an intergovernmental agreement soon. We expect the economic conditions in Russian ports for our traders and forwarders at least not worse than we had in the Baltic ports"...

26 Jan 2021

Belarus expects Union State to outpace EAEU in creating common energy markets
“For Belarus, this does not mean any special prices. We believe that since we have decided to build a single economic space, we should aim for a level playing field for business and equal prices, most importantly, tariffs for the transportation of energy resources"...

26 Jan 2021

Belarusian nuclear power plant’s safe operation fund, decommissioning fund established
The decree provides for setting up a fund that will finance the decommissioning of the nuclear power plant and a fund to finance efforts meant to maintain and enhance the safety of the nuclear power plant. The establishment of such funds is an international practice...

26 Jan 2021

Belarus, Russia develop new scientific programs in 3D printing, space, fundamental research
"Soon we will meet to discuss the Union State programs. We will also look into optimization, ways to reduce the time of development and coordination of such programs. So far, it takes about two years to prepare the concept and to draft the program"...

26 Jan 2021

Belarusian State University to launch second nanosatellite in 2021
Despite its small size the new nanosatellite will contain all the necessary instruments. In particular, it will be fitted with systems that can take radio occultation measurements of the atmosphere and can study magnetic anomalies...

26 Jan 2021

New Grodno Azot director talks about work priorities
Among the key tasks Igor Lyashenko mentioned the construction of a new nitrogen complex, which, in his words, is not only of global importance for the Belarusian state petrochemical concern Belneftekhim but will have a tangible effect on the entire country...

26 Jan 2021

Belarus to set up food and craft cluster
We will implement this project during 2021. Its participants will have the opportunity to sell their goods at various sites, large fairs. We hope to find like-minded people who can work together on the Navacolle brand and promote the products of their region,” said Valeriya Klitsunova...

25 Jan 2021

Plans to increase Belarusian exports to China
In his speech on the opportunities to advance the Belarusian-Chinese trade and economic cooperation within the framework of China’s dual-cycle economic model, Andrei Andreyev highlighted the importance of new cooperation prospects...

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