Belarus plans to restore economic growth in 2016-2020
Belarus plans to reach the economic growth that is not below the world average, which is 2.5-3.5 percent. On May 26, the President discussed with the government the main goals of Belarus' socio-economic development for the next five years. The country should restore the losses and reach a positive trend.
Belarus, France start 2nd session of joint commission for economic cooperation
The second meeting of the joint commission for economic cooperation of Belarus and France started in Paris May 26.
The French capital is hosting these days the first Belarusian-French Business Week. During the meeting, the participants will discuss prospects of development of trade-economic and investment cooperation, the possibility of creating a favorable business climate, as well as cooperation in the fields of agriculture, energy, transport and tourism.
What are the pros of Belarus' transport system?
This week, the first train from distant China with construction materials for the industrial park "Great Stone" arrived in Minsk region. Another related news: a river tourist route opens between Grodno and Lithuanian Druskininkai from early summer 2016. So water transport is not forgotten either, though Belarus is a land-locked country. But the leader is motor transport: cargo transportation has occupied first place in the export of services since the beginning of 2016. And then there is also subway and horse-drawn carriages - which are still a traditional means of transport in the
Belarus President's visit to Italy and the Vatican: review
The main political event of the week is President Lukashenko's visit to Italy and the Vatican. Seven years ago, there took place the first similar visit. God is eternal, while the Lord's Anointed change. Other people were on the papal throne and in political power in Italy. Therefore, the present day is a good way to confirm and reboot the relations given the rapidly changing situation in the world and in Rome. Our special correspondent Alexandra Kulakova reports from Rome.
President Lukashenko offers Italian businesses to more actively invest in Belarus
The President of Belarus has begun a two-day official visit to the Italian Republic and the Vatican. The plane of the head of state landed today in Rome's airport Ciampino.
Alexander Lukashenko was welcomed near the plane by officials from Rome and the Vatican, as well as by representatives of diplomatic corps. At the airport, the President of Belarus had a brief conversation with the Minister Plenipotentiary of the Diplomatic Protocol Service of the Ministry of Foreign Affairs and International Cooperation of Italy.
What economic tasks is Belarus government facing in Q1 2016?
Export growth, creation of new jobs and prevention of decrease in agricultural production volumes are the economic tasks the Belarus government is facing in Q1 2016.
In recent years, it implemented a number of measures for macroeconomic balancing. As a result, during the first months of 2016, balance has been achieved in domestic foreign exchange market and the size of foreign exchange reserves was kept. Moreover, about 7,000 people were employed through the creation of new industries.
Belarusian-French business week underway in Paris
The business circles of Belarus are preparing for another large-scale meeting with foreign partners. In Paris, the Belarusian-French Business Week will be held May 23-27. It will be the first of its kind in the history of the partnership between the two countries.
In the framework of the meeting, there will be held numerous meetings between the representative bodies of state administration of Belarus and France who are responsible for the development of cooperation in various sectors of the economy: industry, agriculture, construction, trade and others.
BelAZ service center to open in India May 13
The Belarusian automobile giant is expanding the boundaries. BelAZ service center is going to open in the Indian city of Nagpur May 13.
This event was preceded by the signing of a tripartite agreement between the Belarusian manufacturer and Indian companies on the long-term maintenance of equipment and BelAZ supply guarantees.
Taking part in the opening ceremony will be speaker of the upper chamber of the Belarusian parliament Mikhail Myasnikovich, who is on a visit to India.
India interested in supplies of Belarusian flax
The first meeting of the working group on textiles has been held within the framework of the visit of the parliamentary delegation of India.
The sides discussed an increase in export and identified new areas of cooperation, particularly in the fashion industry. India is interested in supplies of Belarusian flax. Given the hot climate of that South Asian country, Belarus' natural fabrics are in demand there.
Belarus, Turkmenistan presidents discuss mutually beneficial cooperation in Minsk
Negotiations between Belarus and Turkmenistan presidents were held in Minsk on May 11. Gurbanguly Berdimuhamedov arrived in Belarus on an official two-day visit. In the conversation, the heads of state touched on a number of topics. This is the further deepening of the political dialogue and reciprocal steps to build up trade, including through the expansion of partnerships between the business communities. A striking example of cooperation remains the construction by Belarusian specialists of the Garlyk mining and processing plant. But there are already some new ideas too.
Breadbaking and selection in Belarus: From field to furnace
What dough is used to bake a Belarusian loaf, which is known far outside the country? What bread is served at the presidential table? The International Bread Forum was held in Belarus. Let’s watch the report of our correspondent Anastasia Benedisyuk about bread baking industry in Belarus.
Belarus-India cooperation prospects: from trolleybuses to IT
The Minsk Motor Plant has been producing engines for half a century. MAZ, BelAZ and MTZ are over 70 years old each. But the trolleybus is the product of modern Belarus. It is in demand in Russia and other former Soviet countries. Now Belarusian producers are going to tempt... India. One of the largest economies in the world, with the second largest population on earth, it has not yet "mastered" trolleybuses! Why not offer them these products?
President Lukashenko visits Minsk Motor Plant, states need to breathe new life in entire industry
When everything is all right, people tend not to think about the future. From the rostrum of the All-Belarusian People's Congress, the authorities are going to declare state guidelines. There is no doubt that export will remain the major challenge for the Belarusian economy. Also out of doubt is the fact that the "assembly shop" under the name Belarus will continue to produce vehicles. This was confirmed by President Lukashenko who visited Minsk Motor Plant on Friday. Yevgen
What problems did All-Belarusian People's Congresses help resolve?
Another date associated with the Great Patriotic War is 22 of June. 75 years since the beginning of the Great Patriotic War have passed. And on this very day, the All-Belarusian People's Congress is scheduled to open. This will be the fifth such event in the modern history and of course the most important event of the year. You can find a lot of similarities - popular assemblies of Slavic tribes, Skupština (People's Congresses in post-Yugoslavian countries) or the Congresses of the Communi
Belarus names the best exporters
Belarus has chosen the best exporters. This year's honorary prizes were given to representatives of more than 40 leading companies of the republic.
The geography and volume of deliveries of each producer were considered when determining the winner. For example, the exporter of the year in metallurgical engineering industry paved the trade routes to 56 countries, while an IT development leader delivered nearly 100 percent of the intellectual goods.
By the way, the majority of laureates' sales abroad exceeded $25 million.
Bread Forum in Zhodino gathers over 100 domestic and foreign experts
The first bread forum in Belarus started on May 4. The town of Zhodino gathered more than a hundred domestic and foreign experts in the field of plant breeding, seed production and grain processing. They will share best practices.
Belarusian bakers advantage is their ability to create something new while preserving long-standing traditions. Each year, Belarus produces more than 500,000 tons of bakery products of about 200 varieties. For taste, flax seeds, sesame seeds, prunes and walnuts are added to some of them.
Belarus to help Sudan in energy sector staff training
The Belarusian Foreign Ministry has signed a cooperation agreement with the Sudan today.
It is planned that Belarusian specialists will help design energy facilities in that African country and improve the skills of specialists in this field. The focus is primarily on agriculture, industry, energy and healthcare.
Sudan, Belarus to sign cooperation agreement April 27
Belarus will sign an agreement on cooperation with Sudan on April 27, which is part of the country's efforts to reach the farthest countries in an attempt to find new markets.
The focus is on the spheres of trade, industry and power generation. It is planned that Belarusian specialists will assist in the design of energy facilities and help improve the skills of Sudanese power engineers.
Sudan may start to assemble Belarusian tractors
An assembly facility for Belarusian agricultural equipment will appear in Sudan. Cooperation in various fields was discussed April 26 by representatives of that African country at a meeting with Belarusian businessmen.
In addition to trade, Sudanese partners are interested in exploration, primarily in the field of oil extraction.
Mikhail Myasnikovich meets Ilham Aliyev to discuss operation of Belarusian-Azeri joint companies
Belarus and Azerbaijan are implementing new investment projects. Chairman of Belarus' upper chamber of the parliament Mikhail Myasnikovich and President of Azerbaijan Ilham Aliyev met in Baku on April 25 to talk over the operation of the joint companies.
The two nations enjoy multifaceted cooperation. It is not only trade, but also the creation of joint companies.
It was noted that inter-parliamentary cooperation contributes to the successful development of bilateral relations in political and economic sphere.
French Riviera, Minsk region to cooperate in tourism
French Cote d'Azur region is interested in cooperation with the Minsk region of Belarus. This matter was discussed during the April 25 meeting of the leadership of the Minsk region with the mayor of Cannes. The regions are primarily interested in tourism cooperation, which is facilitated by the direct airlink.
The flight Minsk-Nice opened two years ago. Now it is very popular, so the number of flights may be increased.
Belarus, Tajikistan to discuss economic cooperation prospects
Belarus and Tajikistan will discuss prospects for economic cooperation. An intergovernmental commission, which will meet in Dushanbe April 25, will be searching for new paths for development of the bilateral partnership.
In addition, the parties plan to consider the implementation of joint projects in industrial cooperation and agriculture.
From ministers to actors: Belarusians discussing President's 2016 State of the Nation Address
The famous American magazine Time published this week a list of the most influential people in the world. This is an annual tradition. The list includes politicians, businessmen, and idols of the public. About 30 people are in the Leaders section: these are heads of the largest countries and international organizations. The influence ranking is not built according to the scale or the size of a country. This is a worldwide vote organized by the authoritative edition.
President Lukashenko answers MPs' questions during State of the Nation Address 2016
President Alexander Lukashenko delivered this week his annual State of the Nation Address to the Belarusian people and the National Assembly. Economy turned out to be the main topic. According to the head of state, the current year is to be crucial in overcoming the negative trends in this area. 2016 will be the first serious test for the entire vertical of power. The President also touched on foreign and social policy, investment, business, science and security.
Belarus' upper chamber may ratify friendship and cooperation treaty with Pakistan
At the moment, the Council of the Republic is holding a meeting of its 11th session. Among the matters on the agenda is the draft law on export control and amendments to the law on the organization and conduct of public examinations.
Members of the Council of the Republic will also focus on the instrument of ratification of the treaty of friendship and cooperation between Belarus and the Islamic Republic of Pakistan. In May 2015, Alexander Lukashenko made the first official visit to Pakistan. At present, the two countries are sharing a lot of joint projects.
Belarus, Russia preparing for 3rd Forum of Regions
Belarus and Russia are to find new ways of cooperation at the forthcoming Third Forum of Russian and Belarusian Regions. The sitting of the organizing committee was held in Minsk last week. Minsk is planning to receive guests at the beginning of June.
Estonians to be able to stay in Belarus up to 30 days without registration
Belarus and Estonia have signed an agreement on the entry and stay. Citizens of both countries have been given an opportunity to stay in the territory of the other country up to 30 days without registration. An Estonian delegation is in Minsk these days.
The most fruitful area of cooperation between the two countries is trade and economic dialogue. Oil products account for more than 60% of the total Belarusian export. Belarus also supplies to Estonia tractors, trucks and linen fabrics.
Belarus, Russia preparing for 3rd Forum of Regions
Belarus and Russia are preparing for the 3rd Forum of Regions. At this moment Minsk is hosting a meeting of the joint organizing committee.
The forum of regions is one of the major events in the life of the Belarus-Russia Union State. It will take place in Minsk in early June. This will be the third such meeting, which involves parliamentarians, governors and heads of departments and agencies.
Belarusian light industry increasing export
Sewers from Minsk region are increasing deliveries abroad. Russian vendors are lining up for a new collection of school uniforms. Salihorsk manufacturers plan to fully meet the needs of their loyal partners by the end of April.
In May, the new collection will be shipped to the Belarusian market. The first school skirts will appear on the shelves of local stores by June 2016.
More than 180 models were developed for the next academic year. The range is not limited to children's clothing only.
President Lukashenko: Finally, everyone has realized that EU needs Belarus with multi-vector policy
Belarus, by the way, has at all times faithfully guarded the European Union from unwanted migrants. Western Europe does know about this but it may not officially praise it (when politics so require and relations "freeze"). Today, along with storks on the arable land and warmer weather, a chill in relations between Belarus and the European Union is disappearing. This is for the benefit of the two parties, who are building pragmatic relations, said President Lukashenko at a meeting on Belarusian-European cooperation this week.
Belarus President visits MAZ, sets specific tasks for all machine-building market players
Investments will be granted only for goods due to be sold in specific markets. Such a condition was set by the Belarus President on 7 April. Alexander Lukashenko got acquainted with the newest pieces of machinery produced in our country, and, of course, asked about the state of affairs in the engineering industry as a whole.
The head of state then talked to the staff of the enterprise. He answered people's urgent questions.
All-Belarusian People's Assembly may be held within month
Belarus began preparing for the most important political event of the year - Belarusian People's Assembly. It will be the fifth such event in the recent history of the country. The main goal of the event is to refine the state policy for the coming years.
This important platform of democracy will bring together representatives of all branches of government, industry and business, science, health and culture. The details of the upcoming People's Assembly were discussed by the Government on 6 April.
President Lukashenko sees new horizons in Belarus-EU relations
The Belarus President has held on April 5 a meeting to discuss the positive dynamism in relations between Minsk and Brussels.
In February, the EU Council lifted most sanctions against our country. Of course, this is a good sign for collaboration in economy and beyond.
Europe Automotive Holding once declared interest in Belarus and since then the joint production facility has been operating successfully. The lifting of the sanctions was a particular boost for the company.
Andrei Kobyakov: Share of Belarus’ export to promising markets to double by 2020
The share of Belarus’ export to new promising markets will almost double by 2020, said on April 5 Prime Minister of Belarus presenting the program of activities of the government for the next 5 years.
The document was developed in conditions of high external geopolitical uncertainty, commodity and economic factors. Therefore, the program retains the flexibility of fiscal, monetary and foreign trade policy.
The Belarus government plans to develop all of its regions in accordance with their specialization.
Minsk, St. Petersburg to invigorate implementation of joint projects
New horizons for close cooperation. Minsk and the northern capital of Russia intend to actively develop joint activities in science and technology, education, tourism and culture.
On April 1 a delegation from St. Petersburg visited Minsk. The visit was timed to the forthcoming Day of Unity of the Peoples of Belarus and Russia.
Bulgaria may cancel visas for Belarusian schoolchildren
Topics from economy to tourism were touched on during the visit to Belarus of a Bulgarian parliamentary delegation, the first one in the last 10 years. Negotiations have already been held in the House of Representatives. The sides signed a memorandum of cooperation.
The meeting dealt with the improvement of the legal framework between the states. Bulgaria relies on the development of tourism and makes no secret of its interest in bringing Belarusians to its resorts.
Minsk, Novosibirsk discuss economic cooperation
The mayors of the two sister cities, Minsk and Novosibirsk, discussed the prospects of cooperation on the last day of March during a videoconference. The teleconference was timed to the anniversary of the signing of the first agreement on the establishment of the Union State of Russia and Belarus.
Kobyakov: Belarus aims at long-term cooperation with Serbia
Belarus is aimed at long-term and mutually beneficial cooperation with Serbia, said Belarus Prime Minister Andrei Kobyakov meeting with the Minister of Economy of Serbia Željko Sertić.
In general, there is a positive trend in the economic relations of the two countries.
Trade turnover between the two countries in 2016 amounted to more than 253 million US dollars.
Today, however, both Minsk and Belgrade are ready to cooperate further in many areas.
BelAZ plans to conquer Thai market
BelAZ plans to enter the Thai market with its machinery. Two Thai companies are interested in Belarusian rock haulers. This became known after the first Belarusian-Thai business forum, held in Bangkok.
With one of them, the Zhodino company has already signed a letter of intent and plans to jointly participate in the tender for the purchase of up to 38 giant machines.
Belarus' accession to the WTO: pros and cons
Belarus will invigorate the negotiation process on accession to the World Trade Organization. This instruction was given on March 29 by President Alexander Lukashenko after the meeting to discuss Belarus' WTO accession.
There are 162 World Trade Organization members nowadays. Even Belarus' partners in the Eurasian Economic Union (EEU) are there. However, now they need to adjust EEU regulations to WTO rules.
Belarusian birch sap to be supplied to Europe
District forestry companies have prepared the first thousand tons of birch sap. Mass gathering on an industrial scale began in the Grodno region. The local processing plants have prepared thoroughly for the new season.
For foresters, this is a busy season: it is akin to harvesting for farmers. The juice period is just two weeks.
Vitaly Yashkin, forester at Grodno forestry:In Grodno forestry, this year we prepare juice on 4 sites. We sell juice to people and enterprises.
Belarusian President, Georgia PM discuss prospects of business relations
Another guest of the week is the Prime Minister of Georgia Giorgi Kvirikashvili. He became head of the Georgian government in late 2015. But because his political outlook is similar to his predecessors, starting with the billionaire Ivanishvili, who actually ousted Mikheil Saakashvili, Kvirikashvili, as a member of the same party, will continue the policy of cooperation with Belarus. Olga Petrashevskaya has more on this topic.
Belarusian-Georgian business underway in Minsk March 23
The complementarity of the economies of Belarus and Georgia on March 23 is in the center of attention of the two countries' businesses. Minsk's National Library is hosting the Belarusian-Georgian business forum.
Yesterday an agreement was reached by Belarus and Georgia to increase trade by 4 times, $200 million a year.
Minsk to reduce import, support exporters
In Minsk is aiming at reducing import purchases, saving energy costs and supporting exporters, stated Deputy Economy Minister Alexander Yaroshenko.
Experts say that export is increasing thanks to pharmaceutical and food industries as well as oil refining.
Economic growth is forecast in the second half. According to the business plan, financial support will be considerable part of the functioning of the industries.
IT exports of Belarus' Hi-Tech Park up by 20% in 2015
The export of Belarusian High-Tech Park's IT services grew by 20% last year. The figure was more than $700 million.
Software developed in Belarus was exported to 61 countries around the world. Among them are some new destinations such as South Africa, Portugal, Croatia, Serbia, Uzbekistan and Kyrgyzstan.
Half of the Hi-Tech Park's exports goes to Europe and the majority to the United States.
Belarus, Georgia aim at $200 million trade turnover in near future
Belarus and Georgia in the near future are going to reach $200 million of mutual trade turnover. This was stated at the March 22 meeting of the Belarusian head of state with the Prime Minister of Georgia in Minsk.
Diplomatic relations between the two countries were established two decades ago. Nevertheless, the bilateral potential has not been fully used. Cooperation is possible in industry, agriculture, transport, public health, and tourism.
Belarus PM on working visit in Tatarstan, set to visit KamAZ March 16
Belarus intends to take part in the Russian import substitution program, said Belarus Prime Minister, who is these days on a working visit in Tatarstan.
In particular, Belarus will be discussing co-operation with the largest manufacturer of heavy trucks in Russia - the corporation KamAZ.
According to Andrei Kobyakov, Belarus is ready to offer a wide range of modern automotive components, which are not inferior to foreign analogues either in price or in quality.
Belarus Prime Minister to go to Tatarstan on working visit
The Prime Minister of Belarus has gone on a working visit to Tatarstan. There, Andrei Kobyakov will hold talks with the leadership of the region.
They will discuss the results and prospects of bilateral cooperation. Mr Kobyakov is going to visit a number of enterprises.
In Tatarstan works a trading house representing Minsk Tractor Works (MTZ). Its products builds the basis of Belarusian export. Tatarstan is the 6th most important trading partner of Belarus among other Russian regions.
Poland to assemble Belarusian MAZ buses
Buses MAZ 203088, corresponding to Euro 6 emission standard, will be assembled in the Polish city of Płońsk by Glaspo Motors Company.
The assembly production of motor vehicles MAZ in Płońsk was officially opened in September, 2014. Glaspo Motors Company began with the production of vehicles for firefighters and public services. Now the parties are talking over the details of the contract for the assembly of buses, adapted to the European market. That the first vehicles are expected to go off the assembly line already in 2016.
MFA: Year 2015 marked by improving cooperation with leading Asian economies
To boost its export potential, Belarus should take the opportunity of the Western cooperation, of the Eastern strategic capacity and of the promising "remote arch" markets (Asia, Latin America, Middle East and Africa). The Ministry of Foreign Affairs reflected on the previous year's work of the diplomatic service institutions on March 10.
Economic cooperation between Belarus and Germany should be strengthened
Belarus and Germany find themselves on the new stage of the development of their bilateral relations, according to the statement made by Ambassador Extraordinary and Plenipotentiary of Germany Peter Dettmar.
On March, 2, the ambassador met with Belarusian MPs. The parties pointed out that it is necessary to expand and strengthen their relations in the economic sector. Especially, they have to establish close cooperation in the sphere of innovation technology, power industry, mechanic engineering, and manufacturing industry.
Belarusian foods to appear in China
Belarusian meat and milk will appear in China soon. Chinese food emissaries are auditing Belarusian food producers.
Wang Yao Tien has been living in Belarus for 15 years. He loves Belarusian food, especially milk and honey.
Wang Yao Tien, the representative of cultural and business center of China in Belarus:Our goal is to bring Chinese investors to Belarus to let them taste Belarusian food products.
Belarus identifies measures to enhance economic efficiency
Belarus has identified measures to enhance the efficiency of the economy. The corresponding decree was signed on February 23 by the head of state.
It provides for accelerated development of small and medium-sized businesses, attraction of foreign capital, the development and creation of enterprises and gradual decline in interest rates on loans in the economy.
Belarusian, Italian major companies hold talks in Minsk
Belarus and Italy are expanding business contacts. On February 23, representatives of major companies of the two countries gathered in Minsk. The most promising areas of cooperation is agriculture, construction, and food industry.
Foreign visitors are interested in expanding sells markets, joint scientific research and investing in the Belarusian economy. Belarusian businessmen also have an opportunity to enter the Italian market.
Can Belarus capitalize on water exports amid low oil prices?
World prices of oil have been in the top international news for several weeks. Experts have managed to calculate that "black gold" prices have fallen so much that simple drinking water in many countries has become more expensive than hydrocarbons.
Even today, profits from the sale of life-giving water gives more than the sale of oil.
Belarus represented at food exhibition in Dubai
A Belarusian pavilion for the first time appeared at the largest food exhibition in the Gulf region and the Middle East.
The expo in Dubai is attended by more than 5,000 companies from 120 countries around the world.
The Belarusian booth features processing enterprises of Brest, Grodno, Vitebsk and Minsk regions. Visitors can taste Belarusian dairy and meat products produced using innovative technologies.
Belarus-Azerbaijan: 23 years of diplomatic relations
This year Belarus and Azerbaijan celebrate the 23rd anniversary of the establishment of diplomatic relations. During this time, they have reached the level of strategic partnership. There were a lot of new joint projects in various fields. Belarus assembles in Azerbaijan municipal and agricultural machinery, optical devices, elevators and lights.
Belarus is CIS' most active partner of Gulf States
Belarus has become the most active partner of the Gulf countries among the CIS states reads the report of the Dubai Chamber of Commerce.
It is timed to coincide with the Global Business Forum of the CIS countries, which these days is taking place in the United Arab Emirates.
According to the document, Belarus is followed by Russia and Uzbekistan.
It is said the report will serve as a roadmap for investors from the Persian Gulf. Aviation, logistics, hospitality, retail and real estate are among the key areas of investment.
Europe's largest railway company to continue cooperation with Belkommunmash
The largest manufacturer of railway equipment in Europe will continue to cooperate with Belkommunmash.
A Swiss investor came to Belarus three years ago. Near Minsk, it has an assembly plant for the production of modern trains. By agreement with the Belarus government the international company is committed to cooperate with Belarusian enterprises. Grandiose plans have been prevented by the crisis and the fall in demand, but the European investor remained true to his word.
Belarus to abandon cross subsidization from 2019
Cross-subsidies will be eliminated in Belarus before the end of 2018. This measure is stipulated in the government's draft program, approved at the February 9 meeting of the Presidium of the Council of Ministers.
The goal is to restore the competitiveness of the industrial complex. Among other activities, the government press service lists decline in interest rates in the economy in conjunction with the reduction in directed lending and inflation. Net income will become a key indicator of the efficiency for heads of organizations.
Austrian Embassy opens in Belarus
Dozens of joint projects and investments worth billions of dollars. Minsk and Vienna are connected by the two decades of fruitful partnerships. Energy, engineering, health, culture - this is not an exhaustive list of areas of closer cooperation. The next step in this direction was the opening on February 9 of the Austrian Embassy in Belarus' capital Minsk.
Belarus' government mulling over action program for 2016-2020
Restoring economic growth and improving living standards. The Belarus government on February 9 discussed the program of activities for the 2016-2020.
Among the priorities are the restoration of the competitiveness of industry and investment policies.
Particular attention is paid to the development of small and medium-sized businesses and job creation.
It is worth noting a strong social orientation of the programs discussed.
Belarus to grant state support for businesses seeking new export markets
The draft program of support of Belarus' export development until 2020 is an example of a situation where the authorities are eager to get advice from the people. The document is available on the website of the Ministry of Foreign Affairs and submitted for public discussion.
Over the last decade, Belarus has been developing ties with the markets of Asia, Africa and Latin America, which is often called by Belarusian authorities as the 'long-distance arc.' Many countries in these regions have become close partners of Belarus. For example, Venezuela and China.
Belarus to continue talks with IMF over $3 bn loan
The Belarusian President met February 8 with the Minister of Foreign Affairs to talk over the strategy and tactics of Belarusian foreign policy. It is necessary to develop cooperation both in the west and in the east, especially with partners in the framework of integration associations.
Belarus mulling over export strategy for 2016-2020
The development of economic integration in the Eurasian Economic Union (EEU) will eliminate constraints on export growth.
This is stated in the draft national export support and development program for 2016-2020, which is now available on the website of the Ministry of Foreign Affairs for a public discussion.
It takes into account the experience of previous programs, particularly the current situation of international trade, as well as new trends in globalization and regional integration.
Belarus third in world butter export rating
Belarus has taken third place in the world ranking of butter exporters. The 2015 leader of the ranking is still New Zealand, with 438,770 tons.
According to the EU's European Commission, according to the results of 2015, the Republic of Belarus pushed the USA in the butter export rating and took third place in the export of these products in the world, said Maria Klimova, Deputy Chief of the Food Department of the Ministry of Agriculture during the international seminar "Innovative technologies and equipment for the dairy industry," which was held in Minsk.
Belarusian-European Investment Forum scheduled to be held in Austria
The Belarusian-European Investment Forum is scheduled to be held in Austria. Representatives of the Belarusian Foreign Ministry will discuss the matter with a European Commission delegation, which is in Minsk these days.
In addition, the sides will raise issues of interaction of the Eurasian Economic Union with the EU, in particular the development of trade turnover and mutual access to markets of Belarus to the European Union, and the state of negotiations on Belarus' accession to the WTO.
Belarus-Russia collaboration: Discussions during Supreme State Council of Union State
The Belarusian export goods found in Saint Petersburg could be a good illustration of today’s economic strategy of Belarus. This week Saint Petersburg has become the arena for the council on business cooperation. Belarus and Saint Petersburg are inclined to restore their trade turnover worth of two billion dollars.
The premiers, Andrei Kobyakov and Dmitry Medvedev, have confirmed their collaboration plans on the threshold of the Supreme State Council of the Union State that takes place this February in Minsk.
How much can Belarus earn on milk exports?
Against the backdrop of a steep peak price of "black gold", "white gold" prices are, on the contrary, growing. For Belarus, milk and dairy products are one of the main export items.
The taste of Belarusian milk is known not only in the Ministry of Agriculture, but also all around the world.
Belarus accounts for about 5% of world exports of milk exporting diary produce to 52 countries. In 2015, Belarus entered the markets of Niger, Syria and even the Philippines. Next plans are to expand into Vietnam.
Belarus to determine oil production volume taking into account world prices
Belarus will determine the volume of oil production, taking into account world prices. At the forefront will be the economic feasibility, note the environmental agencies of the country.
Traditional extraction of minerals on previously discovered fields will continue. However, new fields will be discovered, too.
Now oil prices are falling, so the state will apply the regime of the rational use of resources. The plans include production of glass sands, building stone and basalt. Also, Belarus will be looking for new kinds of mineral waters.
Development strategy of EEU single commodity market discussed in Minsk
The formation of the development strategy of a single commodity market in the Eurasian Economic Union was discussed today, February 2, in Minsk. Minsk is hosting the first Eurasian Mining and Exploration Forum.
In the framework of this plan, it is planned to develop a common approach to the geological information and its processing. This will allow a more accurate assessment of the importance of deposits as well as calculation of the economic impact of their production.
Development Bank to support Belarusian export
The Development Bank of Belarus will be actively involved in supporting the Belarusian export, said the Ministry of Economy, commenting on the new version of Directive No3.
According to the document, in 2020 the markets of the Eurasian Economic Union and the EU should account for an equal amount of domestic exports (33%), and the same number of goods and services should be exported to the markets of other countries, no matter how far they are.
Belarus, Russia PMs discuss 2016 cooperation prospects
Belarus and St. Petersburg are going to recover a turnover of $2 billion. The city on the Neva River on January 29 became a platform for a business cooperation council. Also, talks between the governments of Belarus and Russia were held. The premiers, Andrei Kobyakov and Dmitry Medvedev, confirmed the joint plans and in anticipation of the Supreme State Council of the Union State - the meeting will be held in February in Minsk - they checked whether the countries are on the same page on the key issues.
Belarus, Russia may sync economic policies
The Presidents of Belarus and Russia have agreed to thoroughly discuss the syncing of actions in the economy. In a telephone conversation, Alexander Lukashenko and Vladimir Putin discussed a schedule of upcoming joint events.
In particular, the presidents talked over a meeting of the Supreme State Council and the Forum of Belarus' and Russia's Regions.
Belarus' economic potential to be presented in Lyon January 25
The presentation of the economic and trade potential of Belarus will be held in Lyon. On January 25 a Minsk delegation will visit the French city. Representatives of the Foreign Ministry, the Minsk city executive committee, the Chamber of Commerce and Industry will help the Belarusian Embassy in France to present Belarus in a better way.
The presentation will last 2 days.
Belarus Prime Minister visits Vitebsk Engine Repair Plant
Results of the socio-economic development are being summed up in the Vitebsk region. Prime Minister of Belarus Andrei Kobyakov January 20 visited a number of enterprises in the region.
At Vitebsk Engine Repair Plant the Premier talked about import substitution. The plant produces modern agricultural machinery and equipment for livestock farms.
Products are 2-3 times cheaper than foreign analogues. For example, in cooperation with the Academy of Sciences, the plant has developed a planter with simultaneous fertilization.
Prospects of self-employed businesses for 2016 discussed January 14
In Belarus, the year 2016 is important for the development of the dialogue of business and authorities and for effective joint economic decisions. Representatives of the national unions on January 14 talked over the prospects for small businesses, the problems and challenges for 2016.
Among the main innovations of 2016 is the mandatory certification of products.
Amkodor service center network to appear in Bangladesh
Belarus plans to create a network of service centers for Amkodor equipment in Bangladesh. On 23 December, the Council of the Republic, the upper chamber of the Belarus parliament, discussed the prospects of expanding cooperation between Belarus and that South Asian country.
The sides signed a contract for the supply of 700 Amkodor vehicles totaling $50 million. They also discussed the possibility of procurement of Belarusian MAZ trucks, tractors and machinery for public works.
Amkodor plans $500 million shipment to Bangladesh
Enhance cooperation with Bangladesh. Today, 23 December, the prospects of cooperation with that country were discussed at the Belarusian Council of the Republic, the upper chamber of the parliament.
Plans include the shipment of 700 pieces of Amkodor equipment worth $500 million. A service center will be set up in Bangladesh, who is also mulling buying equipment for communal services.
Eurasian Economic Union develops preliminary mechanism to monitor Ukrainian transit
Eurasian Economic Union (EEU) members - Belarus, Russia and Kazakhstan - have developed a preliminary mechanism to monitor the transit of Ukrainian goods and goods from the European Union.
On 21 December, First Deputy Prime Minister of Russia Igor Shuvalov said that the new mechanism will help completely control the flow of goods from Ukraine via Belarus or Russia to Kazakhstan.
Social protection still priority of Belarusian state, Alexander Lukashenko says
Social protection remains in the spotlight of the state, said December 22 the Belarusian President meeting with Chairman of the Federation of Trade Unions of Belarus. The main objective of the organization is the preservation of jobs, as well as social and legal protection of workers.
Alexander Lukashenko asked what is workers' mood, especially considering the current situation in the economy. After all, it has become more difficult to work in traditional markets. Companies today are trying to diversify export and find new partners.
EEU to protect market as Ukraine-EU free trade zone comes into force
The countries of the Eurasian Economic Union will work out measures to protect the market after the start coming into force of the free trade zone between Ukraine and the EU, said December 21 Belarus President Alexander Lukashenko at a meeting of the Supreme Eurasian Economic Council.
The Ukraine-EU agreement will become effective January 1, 2016.
The situation with regard to the free trade zone of the CIS is becoming serious.
Belarusian goods to be exported to remote regions Russia
A special distribution center, created in Novosibirsk, will promote Belarusian goods in remote regions of Russia. There is also a logistics warehouse there, from which goods will be distributed to four major regions.
In addition, the center assumes responsibility for verifying partners, the legal side of cooperation and mutual risks. They will be carried out mainly in local currencies.
Belarus may get cheaper Russian gas from January 1, 2016
On December 17, it became known that there is every reason for a significant reduction in the price of Russian gas for Belarus from January 1.
Belarus will agree on a specific value and prepare the necessary documents until early next week, said the Belarusian government.
Russia's Yaroslavl region to expand cooperation with Belarus
The Yaroslavl region of Russia is planning to expand cooperation with Belarus. The main areas are pharmaceuticals, road construction and agriculture. They were determined today, December 17, at a meeting with a delegation from that Russian region.
Over the last year, the trade turnover between the sides has dropped and the task today is to restore performance. One of the new projects could be the production of medicines.
Belarus takes part in Shanghai Cooperation Organization meeting for first time in observer capacity
Belarus took part in the Council of Heads of Government of the Shanghai Cooperation Organization as an observer for the first time. The council meets annually. This year it was chaired by Chinese Premier Li Keqiang.
The Belarusian delegation at the summit was headed by Deputy Head of Presidential Administration, chairman of the Belarusian-Chinese intergovernmental committee on cooperation Nikolai Snopkov.
Belarus and Turkmenistan maintaining high cooperation standards
Belarus and Turkmenistan should not give up on the high standard of cooperation, said Alexander Lukashenko at the talks with Turkmen President Gurbanguly Berdimuhamedov. The heads of state discussed in Ashgabat not only the strategy of development of the bilateral relations but also some international issues. The official visit of President of Belarus to Turkmenistan began on the eve of an important world event - the conference themed The Neutrality Policy. This forum will gather on 12 December the leaders of the region and prominent world politicians.
Russia wants tighter cooperation with Belarus' industrial enterprises
Russia is interested in cooperation with Belarusian industrial enterprises. This involves implementation of extended production chain projects. Many enterprises, mainly in mechanical engineering, are already using this scheme.
Experts believe that such an approach permits to promote more efficiently joint production on the markets of third countries. The goods turnover between Belarus and Russia has decreased but the volume of the supplies remained the same.
Belarus President meets Turkmen counterpart
Belarus and Turkmenistan are committed to increase the volume of trade, This was confirmed by the two Presidents Alexander Lukashenko and Gurbanguly Berdimuhamedov at a meeting in the one-on-one format.
In recent years, the bilateral trade has decreased slightly. It was noted by both leaders. The Belarusian head of state noted that Belarus is ready to work with Turkmenistan on a wide range of areas - from the military-industrial complex to staff training.
Vietnam is important partner in South East Asia, Belarus President says
Belarus considers Vietnam one of the most important partners in Southeast Asia, said on December 9 President Alexander Lukashenko at the talks with his Vietnamese counterpart Truong Tan Sang.
Like Vietnam, Belarus is conducting socially oriented policy, which aims at improving the quality of life of people. The positions of the two countries are absolutely the same in most of the international agenda.
Belarus, Vietnam presidents holding talks in Hanoi
The Belarusian president continues his state visit to Vietnam. Early in the morning, Alexander Lukashenko laid a wreath at the Monument of Fallen Heroes and the Ho Chi Minh Mausoleum in Hanoi.
At the moment, negotiations of Alexander Lukashenko with his Vietnamese counterpart Trương Tấn Sang are underway. It is expected that after the meeting the leaders will sign a number of documents aimed at expanding bilateral relations.
The Belarusian President begun his state visit to Vietnam yesterday. Alexander Lukashenko arrived in Hanoi late in the evening.