Business news

6 Dec 2024

Belarus, Russia sign agreement on Union State unified electricity market
The ultimate goal of the two countries is to unite all energy markets, both gas and electricity, which was stipulated in the Union State Treaty back in 1999...

6 Dec 2024

Putin: All issues in Belarus-Russia tax and customs cooperation have been resolved
Government agencies of the two countries, supported by the Union State Standing Committee, pursue a coordinated macroeconomic policy, promote industry-to-industry cooperation, and coordinate with each other in financial and banking matters, with a focus on minimizing damage from illegal Western sanctions and other restrictions...

6 Dec 2024

Lukashenko shares details of using Northern Sea Route to move Belarusian exports
Aleksandr Lukashenko stressed that Belarusian export cargoes are now shipped through Russian ports, which has resulted in mutual benefits...

6 Dec 2024

Lukashenko: Belarus, Russia have become stronger amid sanctions pressure
Belarus-Russia trade is also steadily increasing. Last year it reached almost $55 billion. If the current growth rates are maintained, the countries expect to reach about $60 billion in 2024...

6 Dec 2024

Belarus expects unified oil and gas market with Russia to become reality soon
Aleksandr Lukashenko noted that the development of the Unified Electricity Market Treaty was another significant milestone in the Union State history...

6 Dec 2024

Matviyenko: Belarus, Russia have everything to become technology leaders
"Our people are very smart. Our youth is very gifted. We have wonderful scientists and scientific traditions. And today we see how much we have advanced in terms of import substitution. Those samples of electronic products, household appliances show that this enterprise has made tremendous progress"...

6 Dec 2024

Belarus’ gold, forex reserves at $8.795bn on 1 December 2024
The country’s gold and foreign currency reserves went down by $139 million (or 1.6%) in November 2024 after rise by $75.6 million (0.85%) in October 2024...

5 Dec 2024

Belarus to increase supplies of peat products to Turkish market
Belarus supplied over 6,000 cubic meters of peat to the Turkish market in January-October of this year...

5 Dec 2024

Belarus’ experience of investment activity in FEZs presented on margins of Yalta economic forum
The Yalta International Economic Forum is one of the four largest economic forums in Russia. The total number of the participating states is over 90...

5 Dec 2024

Lukashenko: Belarus-Russia trade projected to hit record high of $60bn
In 2023, the trade between Belarus and Russia amounted to a record $53 billion, which was up by 6% a year prior...

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