Business news

9 Sep 2020

Belarus, Switzerland to discuss trade, economic cooperation
The organization of the session was in focus of a meeting between Ambassador Extraordinary and Plenipotentiary of Belarus to Switzerland Aleksandr Ganevich and Head of the Bilateral Economic Relations Division of Switzerland’s State Secretariat for Economic Affairs and Federal Council Delegate for Trade Agreements Erwin Bollinger...

9 Sep 2020

Belarus’ Gomselmash busy increasing output, sales
"In June-August 2020, we produced 200 self-propelled machines a month and sold about 240 harvesters a month, which was 1.5 times more than in 2019"...

9 Sep 2020

Belarus’ fall in export to EAEU market due to pandemic smallest among EAEU members
“In the current situation, mutual trade definitely went down in all the EAEU countries and totaled $24 billion in H1. This fall came at over 14% year-on-year,” Iya Malkina said. “At the same time, Belarus saw the smallest decrease in supplies to the common market – just 6.1%. Belarus’ export to the EAEU countries amounted to about $6.5 billion,” she added...

9 Sep 2020

Foreign investment in FEZ Minsk exceeds $118m in H1 2020
Key investors were Switzerland, Cyprus and China. Capital investment totaled $50.8 million, up 31% compared to H1 2019...

8 Sep 2020

Belarus keen to boost trade with Serbia
The ambassador stressed the potential of private Belarusian manufacturers and noted that state-run enterprises should implement an active marketing policy in order to boost and diversify export of Belarusian goods to Serbia...

8 Sep 2020

Great Stone park awarded for exemplary service in Beijing
The 2020 China International Fair for Trade in Services opened in Beijing on 4 September. The theme of the fair is Global Services, Shared Prosperity. The Chinese-Belarusian industrial park Great Stone took part in the fair and was awarded for exemplary global service...

8 Sep 2020

Libya seeks to import MTZ tractors
The Libyan delegation asked MTZ to prepare business offers with characteristics of machines for them to place an order and conclude contracts in the short term...

8 Sep 2020

One company to represent Belarusian tractor maker MTZ in Russia
All the other trading houses will be reorganized by MTZ withdrawing from their capital. Other Belarusian industrial companies use the practice. The business direction of tractor manufacturing will be controlled by the parent company just the way it is done all over the world...

8 Sep 2020

Belarus' Development Bank, Belarusian Innovation Fund sign agreement on cooperation
"The State Science and Technology Committee and the Belarusian Innovation Fund are very important institutions in the country. They work with the financing of new innovation projects, which often require significant financial resources. The Development Bank, as the largest institution that helps attract investment loans to enterprises, will enable the State Science and Technology Committee and the Innovation Fund to finance more projects"...

8 Sep 2020

Bellesbumprom seeks long-term supply contracts with USA
“Bellesbumprom products are becoming increasingly popular on the U.S. market. This week, from 7 to 12 September, the company is receiving a delegation of U.S. businessmen, who plan to conclude long-term cooperation contracts. The U.S. market is a relatively new and very promising for Bellesbumprom enterprises,” the company said...

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