14.06.2019 09:09
The Ministry of Transport and Communications has simplified the procedure for issuing of permits for international cargo forwarding to trucking companies and self-employed businessmen, which specialize in providing cargo forwarding services
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13.06.2019 11:14
At the same time, ZAZ plans to increase the share of local content in MAZ trucks assembled in Ukraine, which will open new markets for Belarusian trucks
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13.06.2019 10:56
The investment value of the hub is about $10 million. In Dec 2016 the Bremino Group launched their Bremino-Bruzgi logistics hub. In Feb 2019 Bremino Group Ltd  launched a trucking logistics terminal in Bolbasovo (Orsha District, Vitebsk Oblast), which was the first stage of the Bremino-Orsha logistics hub
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13.06.2019 10:25
Under the agreement signed on June 11, the EBRD allocates €15.5 million of the Vitebsk Oblast Clean Water project. The loan will be used to finance the Vitebskoblvodokanal investment program that will help improve the quality of water to meet the standards of the European Union and the World Healthcare Organization
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12.06.2019 14:16
“China is ready to deepen cooperation with Belarus and to jointly address global governance issues like unilateralism (support for unilateral actions) and protectionism in trade, and to defend the multilateral trading system,” Cui Qiming said
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12.06.2019 10:08
The total volume of EBRD business operations in Belarus in 2018 reached €360 million. Belarus plans to sign project agreements worth €430 million with the EBRD in 2019-2020 to facilitate the upgrade of the M3 Minsk-Vitebsk motorway and a number of bridges
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12.06.2019 09:43
The Belarusian Railways signed the trilateral agreement at the international logistics, telematics, and transport expo Transport Logistic held on June 4-7 in Munich
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12.06.2019 09:03
Revenues of commodity exports grew by 2.4% year on year in Jan-Apr 2019 to $10.246 billion, services export – up 17% to $2.95 billion, incomes – up 3.1% to $91.7 million, other transfers – up 12.7% to $212.5 million
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11.06.2019 10:33
According to the NBB, the deficit of foreign trade in goods totalled $1.193 billion in Jan-Apr 2019 compared to a deficit of $817.8 million in Jan-Apr 2018
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11.06.2019 09:39
China’s Geely Corporation is eyeing the China-Belarus Industrial Park Great Stone as a potential site for manufacturing automobile parts. A relevant agreement between the Great Stone Industrial Park and Geely is under preparation and will be signed at the international forum on regional cooperation and development within the framework of the Belt and Road initiative, due on July 1-3, 2019
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11.06.2019 09:09
All in all, Stadler Minsk’s investments in 2019 are expected at approximately €13-14 million, said the company director. Stadler Minsk counts on the EBRD to cover approximately 35% of that investment, while the rest will be covered at the company’s own expense and partly at the expense of other banks.
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10.06.2019 14:06
The main theme is “Open park Great Stone - an example of global opportunities”. The event will bring together about 500 participants: government representatives, leaders of business associations, investment funds, banks and major companies from European and Asian countries
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10.06.2019 12:09
Apart from that, the delegation met with the Federal Councillor, Head of the Federal Department of Economic Affairs, Education and Research Guy Parmelin to discuss in detail economic cooperation prospects. The Swiss partners spoke highly of development prospects of the Hi-Tech Park and the IT sector in Belarus
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10.06.2019 10:12
With regard to the structure of Belarus’ FX and gold reserves, monetary gold grew by 1.1% month on month in May 2019 to $512.2 million, Special Drawing Rights - down by 0.58% to $512.2 million, FX reserves up 1.4% to $4.616 billion, other assets grew by 79% month on month to $1 billion
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10.06.2019 09:58
One of the newcomers is ITAS, which produces software solutions for commuter transport; TriIncom, which specializes in contactless payments and QR code payments. The park’s new residents are companies with foreign capital (USA, Sweden, Switzerland, Israel, Malta, Canada)
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10.06.2019 09:28
The document was inked by Chairman of the Board of the Eurasian Economic Commission (EEC) Tigran Sargsyan, Belarusian Deputy Prime Minister Igor Petrishenko, Kazakh First Deputy Prime Minister Alikhan Smailov, Kyrgyz Deputy Prime Minister Zhenish Razakov, Russian First Deputy Prime Minister, Finance Minister Anton Siluanov, and Chinese Foreign Minister Wang Yi
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07.06.2019 09:43
Belarus’ market of cashless transactions may double in the next two or three years, considering in expanded by 14% in 2018 in terms of the total value of transactions and 6% in terms of the number of transactions, said Svetlana Chirva. In her opinion, payments by mobile devices may play a key role, as every fourth dollar in the world is spent by means of a mobile device
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07.06.2019 09:36
May’s cashless FX purchases by individuals exceeded FX sales by $21.5 million. Cashless FX purchases totalled $203.7 million, and cashless FX sales - $182.2 million
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07.06.2019 09:16
In particular, the EEU plans to promote regional cooperation in order to reduce fodder import. The cost of fodder accounts for up to 45% of milk production costs. EEU member states’ annual expenditures on imported fodder are estimated at $1.2 billion
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06.06.2019 10:40
Among other things the document provides for implementing joint measures to create a guarantee fund to improve financial inclusion for small and medium-sized enterprises, encourage female entrepreneurship, introduce the practice of assessing the regulatory impact of legal acts on the country’s economic environment, and assist in improving Belarus’ position in the World Bank Group's Doing Business ranking
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