Business news

14 Oct 2020

TeMEx international industrial online expo brings together over 70 companies
"Belarus’ first virtual expo Made in Belarus #AgroFood was a valuable experience. I am sure that based on that experience we will make this expo even more fruitful and make it a useful and important platform for companies that are taking part in it. The expo will showcase a wide range of products from large vehicles to hi-tech solutions"...

14 Oct 2020

Belarus to join Global Forum on Transparency and Exchange of Information for Tax Purposes
These decisions are meant to facilitate cooperation between Belarus and the Organisation for Economic Co-operation and Development that initiated the projects of the Global Forum and the Inclusive Framework...

13 Oct 2020

Belarus plans to reduce gas imports
"We believe that the commissioning of the nuclear power plant and other factors will pave the way for new power generation technologies, which will allow us to minimize the use of gas and oil products. We will also promote renewable energy and facilitate its integration into the energy system"...

13 Oct 2020

Belarus to increase renewable power generation capacity by 1.5 times by 2025
"Their share was 4.8% of the total installed capacity (4% in 2019). In January-August 2020, the installed capacity of renewable energy sources rose by 82.1MW. Renewable power generation went up to 3.5% of the total power generation in Belarus"...

13 Oct 2020

Grain harvest in Belarus to make up 10.3m tonnes in 2020
“It will be great if we work like this every year. It is a difficult year, yet productive across all agricultural crops,” Aleksandr Lukashenko said...

12 Oct 2020

Support for export of Belarusian-Russian products to third-country markets discussed in Minsk
As she opened the meeting, Chairwoman of the Economy, Budget, and Finance Commission of the Council of the Republic of the National Assembly of Belarus Tatiana Runets noted that the relevant program documents on export support and diversification are being implemented at the national levels. Belarusian and Russian manufacturers seek ways to finance the export of jointly made products, this is why Belarusian and Russian MPs cannot stay away from efforts to resolve these problems...

12 Oct 2020

Belarus, Poland to give more trucking permits to each other in 2021
The agreement was reached during a videoconference session of the Belarus-Poland commission on international transportation by road. Belarusian Deputy Transport and Communications Minister Sergei Dubina and Director of the Road Transport Department of the Infrastructure Ministry of Poland Bogdan Oleksiak took part in it...

12 Oct 2020

Eurasian Stabilization and Development Fund approves $500m loan to Belarus
"Restrictions associated with the pandemic have had a negative impact on the economic activity of Belarus and pose serious risks. The loan will help the government to ensure high-quality healthcare assistance, balance out the fiscal policy and ensure the sustainability of the banking sector"...

12 Oct 2020

Russian investor pours over $1.5m in woodworking project in Vitebsk Oblast
The company OOO WoodenKit intends to start making furniture boards. The enterprise occupies a land plot the investor bought after a local retailer went bankrupt...

12 Oct 2020

Minsk to host Prodexpo 2020 on 10-13 November
The program of the expo will include the business forum “Strategic prospects for the development of Belarus’ food industry” that will bring together representatives of government agencies and heads of leading food industry companies...

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