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23.02.2018 14:21
In 2017 the trade between Belarus and Altai Krai amounted to $53 million. The record high was in 2011 (about $83 million). Belarus and Altai Krai of Russia plan to reach the trade of not less than $100 million in the next two years
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23.02.2018 09:53
The World Bank Office in Belarus and the Department for Energy Efficiency, together with other stakeholders, are working on a new two-component project in the energy sector to increase the use of local fuels in the centralized heat supply system and improve the energy efficiency of the housing sector
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23.02.2018 09:32
The land tax and the real property tax for businesses must be reduced by 5-6 times. It is unprofitable for foreign investors to build industrial real estate objects. For the same reason, Belarusian investors shun construction projects in the industrial sector
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23.02.2018 09:19
“Currently, there are two criteria for simplified taxation: there is a ceiling on annual earnings (VAT included) at Br1.85 million ($926,700) or without VAT – Br1.3 million ($651,200). We suggest putting the ceiling at Br2 million ($1.002m), which will not affect budget revenues and will help the development of small business,” said Chairman of Belarus’ Union of Entrepreneurs Alexander Kalinin
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23.02.2018 09:12
In order to start operating, owners of 19 kinds of businesses will no longer have to get permission from the Ministry for Emergencies, veterinary and sanitary authorities. New business activities can be started the next day after notifying the authorities
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22.02.2018 10:40
The German family-owned company HÖRMANN has acquired 75% of shares of Belarus’ Alutech Group. On February 20, 2018, the deal was officially concluded: the family-owned company Hörmann purchased 75% of ALUTECH shares, whereas Aleksey Zhukov, Alutech Director General, keeps the remaining 25%
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21.02.2018 15:26
According to the EDB, in 2017, the EDB member economies adapted to negative external developments and embarked onto a trajectory of economic growth. The region's task for the next several years is to achieve more reliable and higher economic development rates
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21.02.2018 09:26
Export freight reached 4.5 million tonnes, 30% up from January 2017. Transit freight grew by 11.6% to 3.76 million tonnes. Belarusian Railways secured the loading of about 7 million tonnes of freight, 33% up
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21.02.2018 09:16
In early 2017 the State Property Committee (SPC) drew up a list of 22 Belarusian companies that could potentially sell a stake to Chinese investors. The list included large Belarusian industrial enterprises, including HORIZONT (radio-electronic appliances), BATE (automobile and tractor equipment) and Gomselmash
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20.02.2018 14:26
Kalinkovichi Dairy Plant has contracted to sell 150 tonnes of full cream powder to Nepal. As much as 300 tonnes of butter is expected to be shipped to Uzbekistan and Turkey. Products made by the Volkovysk-based company Bellakt for babies and mothers were in demand during the expo
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20.02.2018 14:11
The level of political relations between Belarus and Algeria is high. The potential of economic cooperation, however, is still largely untapped. Algeria's minister of foreign affairs noted that earlier the two countries signed an agreement to set up a joint committee on development of cooperation
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20.02.2018 09:19
A Belarusian pavilion was arranged with assistance of the Embassy of Belarus in the UAE. It features products made by a number of Belarusian food companies, including Bellakt, Santa Bremor, Primemilk, and Servolux Agro
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19.02.2018 16:55
Ten Russian cities have acquired the MAZ buses in anticipation of the 2018 FIFA World Cup, including Moscow and Saint Petersburg. The buses will be used to transport football fans for the duration of the world cup. Later on the buses will be used for regular urban and suburban transportation
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19.02.2018 16:52
The farm export diversification strategy also suggests stepping up promotional campaigns abroad, taking part in more international exhibitions, developing e-commerce and promoting a wider use of modern information technologies
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19.02.2018 16:35
Last year marked the transformation in the structure of the Belarusian farm exports to China. Earlier Belarus exported mainly raw materials (flax fibers, fur pelts, rawhide). Today the major export item is dairy products
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19.02.2018 14:01
The expo will be Belarus' largest event of the kind in Ukraine in the last few years. The expo will be organized by the Belarusian Chamber of Commerce and Industry, with BelInterExpo acting as the expo operator
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19.02.2018 13:49
Regardless the halted negotiations, the relevant program of cooperation with the IMF remains relevant. After the announced reforms are implemented, it will be possible to return to full-scale negotiations with the International Monetary Fund on the launch of a new loan program
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19.02.2018 09:28
The joint plant will produce 500 vehicles a year, with the opportunity to increase the capacity. There are plans to gradually increase the localization of the joint production up to 40% to supply products to the markets of the neighboring countries
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16.02.2018 15:12
In line with the agreement, the investor will build an R&D center with a total area of more than 30,000 square kilometers in 2018-2020. The project is estimated at around $5 million
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16.02.2018 14:55
The sides discussed the possibility of expanding industrial cooperation, setting up assembly plants for Belarusian automobiles in Ecuador, establishing joint ventures to process Ecuadorean seafood, and also supplying Belarusian agricultural vehicles under Ecuador's national agricultural mechanization program
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