Business news

17 Feb 2017

Belarus, Afghanistan plan to establish joint food processing ventures
The parties signed a memorandum of understanding in matters related to cooperation in agriculture. The Afghan delegation confirmed their participation in the international expo Belagro 2017...

17 Feb 2017

Bobruisk tractor manufacturer plans to boost export to Central America
These tractors equipped with 49hp engines have not been exported to Central and South American countries before. Until recently, the Bobruisk-based enterprise has shipped only lower-capacity tractors to that region. Nicaragua is becoming a kind of a testing ground where Bobruisk-made tractors are tested before we further promote then to other countries of Central America. This scheme was used to promote Belarus-311 tractors on this market...

17 Feb 2017

Spain interested in Belarusian new materials solutions
Some of the Belarusian magnetic materials solutions can be successfully used by Spanish manufacturers of rail vehicles. Solutions designed by the National Academy of Sciences of Belarus in the field of agricultural production, catalysts, non-destructive control methods...

16 Feb 2017

Sichuan province ready to bring more companies to China-Belarus Great Stone park
“It has been noted today that the conditions for Chinese enterprises at the park are even more favorable than in China. Our partners are ready to consider bringing other enterprises of Sichuan Province to the Great Stone park,” Alexander Yaroshenko said...

16 Feb 2017

China’s SINOCONST to invest in Belarusian agricultural industry
The parties to the joint venture are China’s SINOCONST and Belarusian farm ABC-Agro. The total value of the investment project is $15.6 million, involving Chinese foreign credit lines of $12 million for 14 years...

16 Feb 2017

China’s Sichuan province eager to set up joint bus-making venture with Belarus
Relevant plans were discussed during a meeting of Liu Jie, Vice Governor of Sichuan Provincial People’s Government, with Nikolai Rogashchuk, Acting Deputy Head of Minsk City Hall...

16 Feb 2017

Belarus to get €3.6m from European Union to strengthen drug quality control system
Belarus is implementing a EU-funded project designed to support the Belarusian Ministry of Heath in strengthening the system for quality control of pharmaceutical products. A relevant contract for 30 months was signed on 9 February 2016. The project is slated for completion by 8 August 2018...

16 Feb 2017

Belarus sets country-specific export growth targets for 2017
Commodities export growth in 2017 will be a key performance indicator for the heads of Belarus’ diplomatic missions abroad and the officials tasked with promoting the relations with specific countries. In particular, Belarus’ export of goods (excluding crude oil, petroleum products and nitrogen fertilizers) to Azerbaijan is forecast to increase by 120% as against 2016, to China by 15%...

16 Feb 2017

Belarus, Spain plan to sign agreement on cooperation in science, technology
A draft of the document was handed over to the Spanish side for consideration. Alexander Shumilin pointed out that the parties have significant potential in the area of mutual technology transfer in such priority cooperation fields as information technology, nano- and biotechnology, medicine, and new materials...

16 Feb 2017

Belarus’ Industry Ministry commended for good performance in 2016
The industrial production in Belarus was at the level of 99.6% in 2016 as against a year earlier. "If Belneftekhim had enough oil, the industrial production figures would have been somewhere at the level of 101.1%,” Vladimir Semashko said...

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