Business news

21 Dec 2016

Annual oil extraction in Belarus past 1.6m tonnes
According to the source, there are 82 discovered oil deposits in the country, including two oil-and-gas condensate deposits. All the discovered deposits are tied to the Pripyat Trough and can be found in Gomel Oblast and Mogilev Oblast...

21 Dec 2016

Belarus to export 10m tonnes of potassium in 2017
According to the Deputy Prime Minister, the government discussed these matters on a recent day. “About 10 million tonnes of fertilizers will be sold. Prices are levelling up now and have even increased somewhat. Contracts have been signed. Demand is solid,” said Mikhail Rusy...

21 Dec 2016

Plans to set up agroclub to encourage rural tourism development in Belarus
According to the source, plans have been made to set up an agroclub that will concentrate all the resources required to develop agroecotourism under one roof. The body will help consolidate efforts of travel agencies, insurance companies, and financial institutions...

20 Dec 2016

Belarusian machines for working Malaysian rice fields
Members of the Malaysian delegation expressed interest in resuming the delivery of a wide range of MTZ agricultural machines to Malaysia. The guests spoke highly of the products on display machines and vehicles OAO Minsk Tractor Works makes...

20 Dec 2016

Minsk Oblast eager to advance cooperation with Malaysian province
"Relations between nations are based on the development of relations between companies and regions. We are interested in advancing cooperation with the State of Sabah,” said Minsk Oblast Governor Semyon Shapiro...

20 Dec 2016

Makei, Margvelashvili discuss Belarus-Georgia cooperation prospects
The parties also talked over the forthcoming interstate contacts, including at the highest level. Special attention was focused on the situation in the region...

20 Dec 2016

Minsk, Islamabad to ink 2017-2020 cooperation plan
The sides discussed prospects of signing the plan on trade, economic, scientific, technical, and humanitarian cooperation between Minsk and Islamabad for the period till 2020...

20 Dec 2016

Belarus, Ecuador explore prospects for setting up joint ventures
“During the meeting the parties discussed the development of bilateral cooperation in trade, investment, and manufacturing, and the prospects for setting up Belarus-Ecuador joint ventures to assemble Belarusian vehicles, to process agricultural products, fish, and sea food”...

20 Dec 2016

Surikov: Belarus, Russia to sign document on regulation of oil, gas issues within days
"In any case, a corresponding document to settle these disagreements will be signed within days. We will restore balance and then resume oil supplies to Belarus in accordance with the initial agreements,” Alexander Surikov remarked...

20 Dec 2016

Hope for Belarus-Russia trade growth in 2017
“The economic situation in the Russian Federation starts turning for the better, the market is gradually opening. Being an export-oriented country, Belarus has been increasing exports. We believe that the bilateral trade will be gaining momentum in 2017,” Alexander Surikov said...

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