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News
[08-12-2016 12:08]:  Belarus
Plans for integration platform to boost Belarus-Russia trade
The Government of Belarus and the Russian state corporation "Bank for Development and Foreign Economic Affairs” (Vnesheconombank) plan to sign a memorandum of understanding to set up an integration development platform.  Read
[07-12-2016 10:07]:  Belarus
Belarus' gold, forex reserves up $21.2m in November
In November 2016 Belarus' gold and foreign exchange reserves rose by $21.2 million if calculated in accordance with methods of the International Monetary Fund. According to preliminary data, the reserves totaled $4,838.0 million as of 1 December. Read
[07-12-2016 09:22]:  Belarus
Czech investments for expanding peat extraction in Brest Region
A number of agreements on new cooperation projects were reached with the Czech company Raselina in late November. Now the Czech company is considering investing in the construction of new areas for Torfopredpriyatiye Glinka to extract peat in Pinsk District, Brest Region.  Read
[07-12-2016 09:17]:  Belarus
Priorbank provides first loan under EBRD's Risk Sharing Facility
The RSF allows Priorbank to share risk in loans provided to domestic corporate clients, including small and medium-sized companies, and expand its lending to a greater number of companies across the country.  Read
[06-12-2016 17:53]:  Belarus
Shipments of Belarusian tractors, fertilizers to Ecuador discussed
Partners from Ecuador are interested in negotiating the delivery of Belarusian machines and vehicles, primarily tractors, as well as mineral fertilizers to Ecuador. In turn, they are ready to offer medications to Belarus.  Read
[06-12-2016 17:51]:  Belarus
Chinese company eager to set up joint venture with Belarusian Brestmash
The joint venture is expected to use Brestmash premises to make light automobiles and minibuses. The vehicles will be assembled using the MAZ trademark and may be sold across the entire Eurasian Economic Union later on.  Read
[06-12-2016 17:48]:  Belarus
Belarus intends to increase supplies of agricultural machinery to Nicaragua
Belarus and Nicaragua discussed the ways of intensifying the interstate dialogue at the high and highest levels, bolstering trade, economic and investment ties, increasing the deliveries of Belarusian tractors and other agricultural machinery to Nicaragua. Read
[05-12-2016 17:40]:  Belarus
Belarusian BZTDiA to ship first batch of tractors to UK in December
The Belarusian company and Belarus Tractor Ltd (Banwell, UK) signed an agreement in late November 2016. The agreement will classify the company as an official dealer of compact tractors sold under the Belarus brand. The first batch of three tractors will be shipped to the UK this month. Read
[05-12-2016 17:37]:  Belarus
Belarusian-American business forum in Philadelphia in 2017
The Belarusian-American forum of small and medium-sized businesses will be held in Philadelphia in the first half of 2017. This matter was discussed during the Eurasian-American Technology Entrepreneurship Conference in Philadelphia. Read
[05-12-2016 09:19]:  Belarus
Belorusneft starts hydraulic fracturing operations in Ukraine
The contract was signed with Ukraine's largest natural gas extracting company UkrGasVydobuvannya, which is part of Naftogaz of Ukraine. The contract was signed after Belorusneft came out ahead of competition from Romania and Ukraine in two tenders for carrying out 50 hydraulic fracturing operations. Read
[05-12-2016 09:18]:  Belarus
Landlocked Belarus joins International Maritime Organization
Belarus has acceded to the International Maritime Organization (IMO). IMO currently has 172 members, including Belarus.  Read
[05-12-2016 09:09]:  Belarus
Belarus’ peat briquette output up 19.5% to 664,600 tonnes
Belarus produced 664,600 peat briquettes in Jan-Oct 2016, up 19.5% year on year. Belarus’ peat output totalled 1.486 million tonnes in Jan-Oct 2016, up 29.4% year on year. Read
[05-12-2016 09:05]:  Belarus
Grodnoinvest FEZ hosts new resident with modular home project
TMH Scandinavian plans to build a production facility to produce bearing structures of contemporary frame houses, as well as accompanying goods: stairs, porches, doors, floor borders, finishing material Read
[02-12-2016 13:53]:  Belarus
Belarusian government to offset loan losses of banks
The Council of Ministers made a decision to offset export loan losses from the funds envisaged for these purposes in the 2017-2018 national budget, provided export risks have been insured with the support from the state. Read
[02-12-2016 09:35]:  Belarus
Slootsk yeast factory’s launch expected Dec 2016
The launch of the yeast factory, which is currently under construction in Slootsk (Minsk Region), is scheduled for December 2016. The total capacity of the yeast factory is estimated at 20,000 tonnes a year and can be increased to 60,000 tonnes. Read
[02-12-2016 09:26]:  Belarus
Orsha Instrument Plant due to launch upgrade in autumn 2017 to replace half of equipment
OAO Orsha Instrument Plant plans to start a large-scale upgrade project in autumn 2017, with at least half of manufacturing equipment to be replaced. Read
[02-12-2016 09:13]:  Belarus
Amkodor, Saleo plan to build 3 new plants in 2017 with $500 investment
Minsk-based OAO Amkodor and Belarus’ Saleo Group plan to build three new plants in 2017 and implement other projects with a total investment portfolio of $500 million. Chinese credits will account for 80% of project investments. Read
[02-12-2016 09:08]:  Belarus
Belarus’ Grodno Azot due to finish construction of $170m nitric acid plant in 2018
Grodno Azot started building the new plant in October 2015. Germany’s ThyssenKrupp Uhde CmbH (Dortmund) won a tender to produce design specifications and estimates for the project and supply the equipment. Read
[01-12-2016 10:01]:  Belarus
Belarus-Moldova agreement to facilitate mutual trade soon
The agreement is supposed to develop the mutual trade facilitation system by means of exchanging important information about commodities and vehicles, which are transported between Moldova and Belarus.  Read
[30-11-2016 17:49]:  Belarus
Belarusian MAZ, MTZ sign contracts on making vehicles, machines in Azerbaijan
Top executives of the Belarusian holding companies BelavtoMAZ and MTZ Holding signed the documents on supplying vehicle, machine and tractor assembly kits to the Ganja automobile factory in 2016-2017 during an official visit of Belarus President Alexander Lukashenko to Baku. Read
[30-11-2016 17:16]:  Belarus
France ready for tighter cooperation with Belarus in IT, infrastructure development
France and Belarus are of the opinion that the bilateral trade could be considerably higher. France is ready to step up cooperation with Belarus in information technologies and infrastructure development.  Read
[30-11-2016 13:49]:  Belarus
Belarus looks forward to new investment projects with France
The Belarusian Embassy in Paris sees the development of interregional contacts between Belarus and France as one of its priorities. Over the past four years, the Embassy has hosted 35 presentations of economic and investment opportunities in Belarus. Read
[30-11-2016 09:47]:  Belarus
Belarus-French interregional business forum opens in Minsk
The Belarusian-French interregional business forum will take place in Minsk on 30 November–1 December. It is expected that partaking in the forum will be nearly 50 French businessmen seeking cooperation with Belarus in industry, agriculture, energy, tourism and other areas. Read
[30-11-2016 09:39]:  Belarus
Belarusian Domostroenie to sell more wooden homes to France in 2017
The Domostroenie branch of the Shklov-based newsprint mill will ship 70 stick-frame house sets worth €1.4 million to the French company SARL Logibat in 2017. The agreement on shipments is supposed to be signed during the first Belarusian-French interregional forum on 30 November. Read
[30-11-2016 09:25]:  Belarus
Belarus ready to process Azeri oil on give-and-take basis
Belarus is ready to process Azeri oil on a give-and-take basis. Around 85,000 tonnes of oil was delivered to Mozyr Oil Refinery in October.  Read
[30-11-2016 09:20]:  Belarus
Belarus, Azerbaijan analyzing joint production of carpets, cotton fabrics
Belarus and Azerbaijan are analyzing the prospects of joint production of carpets and cotton fabrics with Belarus’ cotton products factory in Baranovichi. Read
[30-11-2016 09:12]:  Belarus
Belarus' GDP may drop 2.6% in 2016 amid oil dispute with Russia
Belarus’ GDP may drop 2.5-2.6% in 2016 due to the ongoing oil dispute with Russia. At the same time, Belarus’ authorities will not revise the official forecast for 2017, which implies a slight growth, even if Russia chooses to cut crude supplies.  Read
[29-11-2016 09:47]:  Belarus
Chinese companies interested in opening logistics hub in Brest
Chinese companies are interested in opening a logistics hub in Brest. They can place a logistics hub at premises of the Belarusian logistics companies SOOO Brestvneshtrans or ZAO Belterminal. Read
[29-11-2016 09:31]:  Belarus
Belarus, Azerbaijan to open trading houses in each other's territories
Belarus and Azerbaijan have agreed to put efforts into exercising control and opening new cooperation avenues in order to raise the trade turnover. Read
[29-11-2016 09:26]:  Belarus
Belarus, Azerbaijan can increase bilateral trade fast
Belarus and Azerbaijan can increase their mutual trade volume within a short time if the efforts are properly organized. Belarus and Azerbaijan are reliable partners not only for each other but for third countries, too.  Read

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