Business news

4 Mar 2019

Plans to hold Belarus national investment session in London in 2021
"Another initiative is to hold the annual meeting of the EBRD Board of Governors in Minsk in 2022"...

4 Mar 2019

Chakrabarti confirms EBRD’s plans to acquire stake in Belinvestbank
“This process will rely on commercial basis to make it more attractive for foreign investors. This will allow reducing interest rates when Belinvestbank goes international. In my opinion, this process will certainly be successful”...

4 Mar 2019

Belarus’ Hi-Tech Park export up 38% to $1.4bn in 2018
According to forecasts of international auditors, the HTP was to approach this target only by 2020...

1 Mar 2019

Lukashenko: No obstacles towards privatization in Belarus
According to Alexander Lukashenko, he is not ready to throw the agriculture, which has not recovered fully, into hot water by transferring it into private ownership and stripping it of subsidies. The president cited Agrokombinat Snov as an example of a successful company...

1 Mar 2019

Accomplishments of Belarusian agriculture praised
"I’ve been heavily criticized for reviving the countryside but today it is an internationally recognized project. Our sales are as large as $5.5 billion"...

1 Mar 2019

Impact of Russia’s tax maneuver on Belarusian economy seen as exaggerated
The president recalled that the tax maneuver in the oil industry in Russia will cost Belarus about $400 million this year. “With the GDP at more than $50 billion I think we will survive it somehow”...

1 Mar 2019

Belarus president concerned about Russia’s unwillingness to negotiate long-term gas price
The president stressed that Belarus does not need cheap natural gas. “Our BelAZ, MAZ, MTZ, our people should have conditions on par with the conditions Russians enjoy. It is an unavoidable axiom. It is what all unions are all about,” the head of state pointed out...

1 Mar 2019

Lukashenko: EAEU gets increasingly politicized
“Even if we put forward a sensible proposal to resolve one or another issue, we end up rendering a decision meaningless. Each country tries to make the free movement of goods, capital and people impossible and to bypass it, although this is the nuts and bolts of this union”...

1 Mar 2019

Capital amnesty under consideration in Belarus
“We should consult with the private sector. We don’t want it to be a blank shot. If business circles convince me that it has to be done and will produce the desired effect, we will go for it”...

28 Feb 2019

China-Belarus industrial park Great Stone to host Belt and Road forum in July
"Countries, which are partners within the framework of the Belt and Road initiative, as well as the countries we see as fit to host potential resident companies will be invited to participate in the forum"...

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