Business news

19 Feb 2018

Belarus’ farm export to United States up by 46% in 2017
Export diversification remains the priority for the ministry. "This requires a flexible combination of efforts in several main areas. First we will be working to deepen cooperation in the Eurasian Economic Union"...

19 Feb 2018

Belarus plans to get five poultry plants certified for Chinese market in H1
He noted that last year marked the transformation in the structure of the Belarusian farm exports to China. Earlier Belarus exported mainly raw materials (flax fibers, fur pelts, rawhide). Today the major export item is dairy products...

19 Feb 2018

Merchandise export by Belarusian Agriculture Ministry enterprises 3.9% up in 2017
Export by enterprises run by the Agriculture and Food Ministry rose by 3.9% to $2.4 billion. “Apart from that, we’ve managed to increase export proceeds by $89 million. The ministry’s enterprises shipped their products to 70 countries across the globe, eight more countries since 2016”...

19 Feb 2018

IFC to launch new consulting program for Belarus in March-April
"The program will be aimed at improving the business environment, the investment climate. We are looking at several components, which may become part of the program. The program is supposed to run for four years"...

19 Feb 2018

Belarusian civil engineering expo BUDEXPO to feature about 30 innovative projects
"About 20 projects have already been submitted, including rapidly built economy-class energy-effective homes, water-repellent coatings for surfaces of construction materials, technologies for building organic and energy-effective cottages using flax chaff"...

19 Feb 2018

Kiev to host major expo of Belarusian products in April
The expo will be Belarus’ largest event of the kind in Ukraine in the last few years. The expo will be organized by the Belarusian Chamber of Commerce and Industry, with BelInterExpo acting as the expo operator...

19 Feb 2018

Belarus hopes to attract $1bn in international capital markets annually
"We will have to refinance the debt of about $1 billion annually. The focused efforts to build relationships and to gain access to the international borrowing markets led to positive results. Belarus has gained a guaranteed access to the markets of Europe, the United States and Russia"...

18 Feb 2018

Belarus-Egypt MAZ plant opened in Cairo
The joint plant will produce 500 vehicles a year, with the opportunity to increase the capacity. There are plans to gradually increase the localization of the joint production up to 40% to supply products to the markets of the neighboring countries...

18 Feb 2018

Belarus, Turkey may use national currencies in mutual trade
“We may turn to the trade using the national currencies. We can introduce such cooperation based on the agreements between the national banks of Belarus and Turkey,” Binali Yildirim said...

16 Feb 2018

Belarus’ power system ready for increased demand from cryptocurrency miners
”I do not see any problems. We are keen to welcome any miners as this will benefit our country. We do not have power deficit. We are ready to satisfy any demand for electricity and thermal energy”...

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