Business news

17 Jan 2018

International Finance Corporation to help develop competition in Belarus
The relevant protocol of intent was signed on 17 January as a result of the meeting of Belarusian Antimonopoly Regulation and Trade Minister Vladimir Koltovich and Rolf Behrndt, IFC Global Practice Manager for Finance, Competitiveness and Innovation in Europe and Central Asia...

17 Jan 2018

Minsk to host BelTexIndustry Fair on 28-30 March
BelTexIndustry is Belarus’ largest light industry exhibition. In 2017 taking part in the exhibition were more than 80 exhibitors from Belarus, Russia, Uzbekistan, the Czech Republic, and Pakistan...

17 Jan 2018

Canada’s business delegation to visit Belarus in May-June
Nicolas Lepage noted that the meeting during the TIBO exhibition would demonstrate the Canadian businessmen Belarus’ latest achievements in one of the most interesting areas for cooperation – IT...

16 Jan 2018

German company plans to set up furniture factory in Belarus
The sides will be attracting FDI to set up a factory producing soft furniture in Belarus. The project is estimated at €20 million in investment. The furniture will be made by Belarusian workers to be trained by German specialists beforehand. Then it will be exported to Europe...

16 Jan 2018

Belarusian woodworking companies eager to help set up cluster in Egypt
During the meeting the sides discussed the main directions for advancing Belarus-Egypt relations and prospects of their reaching brand new levels...

16 Jan 2018

Belarus’ GDP 2.4% up in 2017
Andrei Kobyakov stated that the GDP growth rate was 102.4% in 2017 while the forecast was 101.7%. Thus, the government managed to reach the economic growth parameters specified by the five-year program and compensated for the lag of 2016...

16 Jan 2018

Belarus to allow cryptocurrency transactions as from 28 March 　
Only those commercial entities registered as HTP resident companies will be allowed to engage in token-related activities after 28 March...

16 Jan 2018

Belarusian Belinvestbank now accepts JCB cards
JCB International Eurasia CEO Takashi Suetsugu and JCB International Executive Vice President, head of the division in charge of business development in Russia, CIS, and South Asia Yuichiro Kadowaki arrived in Minsk to test and launch the JCB payment system. Upon arrival they could use their JCB cards in the Minsk National Airport...

16 Jan 2018

More new markets for Belarus' agricultural exports in 2017
"In 2017, Belarusian agricultural products were supplied to 68 countries, 17 out of which were new markets: Bahrain, Indonesia, Yemen, Malaysia, Mongolia, Nepal, New Zealand, Oman, Egypt, Madagascar, Austria, Finland, and others"...

15 Jan 2018

Made in Belarus shop opens in China’s Chongqing
The shop is named Valosha; it sells Belarusian products which are in demand in China: milk, cheese, meat, vegetable oil, flour, chocolate, and alcoholic drinks...

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