Business news

20 Jan 2017

Belarusian BelAZ, Chinese Sangjian plan to create joint venture in China
Within the framework of the document China Space Sanjiang Group Corporation, a subsidiary of CASIC, expressed its interest in cooperation with enterprises accountable to the Belarusian Industry Ministry in a number of areas. A delegation of Sanjiang management arrived in Minsk on 19 January for a more detailed discussion of the ways of further cooperation...

20 Jan 2017

Belarusian nuclear power plant to start getting nuclear fuel in late 2018
The official reminded that in line with the general contract on building the Belarusian nuclear power plant the general contractor will have to supply enough fuel to fully load the two reactors and to reload them one more time...

20 Jan 2017

Energy Ministry: Belarus provided SEED mission with all requested information
“This mission is very important for our country. We provided the IAEA with all the necessary materials ahead of the mission. In the course of the mission, Belarusian and Russian specialists answered all questions from the IAEA experts. We were as open as possible and provided them with all requested information,” Mikhail Mikhadyuk noted...

20 Jan 2017

Belarus to start making BKA-2 satellite in Q1 2017
According to the source, financing will become available in Q1 2017. “The project has already begun. It is proceeding now upon initiatives of the manufacturing company and the customer. We expect the financing of the main work to begin in Q1 2017,” said Sergei Zolotoi. He noted that the satellite is scheduled for launch in late 2019...

20 Jan 2017

Lukashenko: Reduced oil supplies from Russia should be compensated by alternative shipments
He noted that these issues were discussed in the end of the previous year. “We have not just discussed alternatives. We have already tested them, importing oil for our oil refineries from the Black and Mediterranean Seas to see in practice how it works economically,” the President said...

20 Jan 2017

Belarus, Czech Republic hold ministerial consultations
The parties discussed joint steps to develop trade, economic and investment cooperation between the two countries, issues related to Belarus-EU economic and investment cooperation within the Eastern Partnership and other initiatives...

19 Jan 2017

Plans for forum on biotechnologies during Belarus’ presidency in CEI
“Science can exist if only it develops internationally. It is impossible to lock up in Belarus and do something inside the country only. This year Belarus presides in the Central European Initiative and the country mulls over hosting a big forum in the area of biotechnologies. I think we will put forward a number of proposals,” Alexander Shumilin said...

19 Jan 2017

Belarus-China trade rises almost 100 times over 25 years
“In the economic sector we have chosen a way of evolution: from trade relations to the implementation of big investment projects with credit support from China. Over the past 25 years our trade turnover has soared almost 100 times. Over the last five years investment has gone up 4 times (over $1 billion), with FDI showing a 13-time increase,” Nikolai Snopkov said...

19 Jan 2017

Belarusian businessmen to visit Luxembourg
While in Luxembourg, Alexander Mikhnevich met with Director General of the Chamber of Commerce of Luxembourg Carlo Thelen, Secretary General of the Luxembourg Bankers’ Association Annemarie Jung, and financial experts and businessmen...

19 Jan 2017

Belarusian-Russian harvester maker Bryanskselmash reveals ambitious plans
“On the whole, the share of grain and forage harvesters marketed under the Desna-Polesye brand on the Russian market now varies from 25% to 30% depending on the harvester’s modification. Every year we raise the figure by several percentage points,” said Valery Suleyev...

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