Business news

13 Mar 2024

Belarus eager to sell more vehicles, machines, equipment to Russia’s Pskov Oblast
There are also plans to establish new manufacturing cooperation ties, expand interaction in agribusiness, increase deliveries of food and consumer goods...

13 Mar 2024

Belarus, Mongolia seek closer ties in agriculture
As part of a visit of a Belarusian delegation to Mongolia, Deputy Agriculture and Food Minister Vadim Shagoiko met with Mongolia’s Minister of Food, Agriculture and Light Industry Khayangaa Bolorchuluun...

13 Mar 2024

Belarusian manufacturers to take part in Korea Import Fair
In 2017, this country became the eleventh trading partner with which Belarus completed bilateral negotiations on market access for goods and services within the framework of Belarus' accession to the World Trade Organization...

13 Mar 2024

BUCE to develop cooperation with Russia’s Trade Representation in Morocco
Prospective areas of cooperation include the BUCE assistance in promoting the products of Belarusian enterprises in the Moroccan market, including by organizing online and offline events for representatives of local businesses...

13 Mar 2024

Belarus to tax companies from unfriendly countries, suspend double taxation avoidance agreements
From 1 April 2024 through 31 December 2026 the document will impose a 25% income tax rate on dividends and similar revenues of foreign organizations that do not operate in Belarus via a permanent representative office...

12 Mar 2024

Belarus’ cargo transportation via Russian transport corridors up 1.9 times in 2023
"We are not stopping there, the growth in the first two months under the agreements signed between our transport departments is almost 25% of the past two years’ highest base,” Dmitry Krutoi said...

12 Mar 2024

Union State integration projects to increase Belarus’ GDP by $8bn
Dmitry Krutoi said: “A very significant package of decisions was approved [at a session of the Supreme State Council of the Union State of Belarus and Russia] in St. Petersburg on 29 January 2024. Essentially it became a guiding landmark for our further work within the framework of Belarus-Russia integration"...

12 Mar 2024

Lukashenko deems Belarus’ oil reserves underestimated
The first thing the president pointed out is how much oil was extracted in Belarus in the USSR times: about 8 million tonnes per annum or about 9 million tonnes according to some sources. This is why the head of state reasonably wondered why the oil extraction volume had dropped so significantly and what options are available for increasing it...

12 Mar 2024

Companies from 23 countries are active on Belarusian commodity exchange
In January-February 2024, foreign companies concluded more than 1,500 transactions to purchase Belarusian goods for a total of $170 million. In the same period last year, the number of transactions was 155 to the total amount of $14 million...

12 Mar 2024

Lukashenko urges uniform minerals development control policy
In this regard, the president cited a number of figures on regarding the use of the production capacities for certain minerals in 2018-2023 provided to by the government. The production capacities for glass and molding sands have been utilized at 39%, refractory clays - 47%, chalk, marl, clay and tripoli for cement - 53%, dolomite - 38%, facing stone - 44%...

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