Business news

20 Dec 2017

Automakers of Belarus, Russia's Nizhny Novgorod Oblast to sign cooperation program
The meeting discussed the areas for the development of bilateral cooperation. Mechanical engineering, supply of farm machines, utility vehicles and elevators have bee outlined as the most promising avenues of cooperation...

20 Dec 2017

Belarus, Uzbekistan to make medications together
"Now we face a serious task: setting up an enterprise in Uzbekistan to make our pharmaceutical products to treat hepatitis, oncological diseases in order to work not only on the Uzbek market but markets of neighboring countries, too"...

20 Dec 2017

Belarus, Uzbekistan to step up cooperation in mechanical engineering, agribusiness, pharmaceutics
The official said: "We intend to advance cooperation in various sectors. As for agribusiness we suggest a number of projects in artificial selection, seed farming, and animal husbandry"...

20 Dec 2017

Belarus signs contacts to export oil products via Russian ports
The vice premier noted that in 2018 the export of Belarusian oil products via Russian ports may reach 1 million tonnes if the economic conditions are favorable...

20 Dec 2017

Belarus’ export of oil products via Russian ports depends on expenses
“We have agreed to export small volumes of oil products providing the terms in the Russian ports are similar to those offered in the ports of other countries. We cannot afford to be philanthropists or sponsors,” Vladimir Semashko underlined...

20 Dec 2017

Belarus’ Hi-Tech Park revenue to hit $1bn in 2017
The Hi-Tech Park operates successfully, regardless of any crises, Vladimir Semashko said. The park’s revenue grows year by year in the U.S. dollar equivalent and in real terms, the deputy prime minister added...

20 Dec 2017

Demand for Belarusian electric buses abroad on the rise
Today, twenty electric buses serve two routes in the Belarusian capital. The project has helped reduce energy consumption by 14%. “This is the transport of the future”...

20 Dec 2017

Belarus-Russia oil dispute fully settled
"The negotiations on oil and gas issues were tough and took about a year and a half. We were engaged in the talks virtually throughout 2016 and in early 2017. We have sorted out all the issues with oil supplies"...

20 Dec 2017

Belarus, Russia in negotiations on pricing natural gas deliveries in 2020-2024
In his words, Belarus believes that the price for Russian natural gas at the border should be roughly the same as the price in nearby Russian regions...

20 Dec 2017

Over 60% of Belarus’ industrial output bound for export
“Economic recovery was primarily driven by an increase in sales. The growth rate of exports shows positive dynamics, rising from 118.3% in January 2017 to 122.6% in January-October 2017”...

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