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Belarus' export and foreign economic relations

09.02.2016

Belarus to continue talks with IMF over $3 bn loan
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.

08.02.2016

Foreign Ministry building in Minsk
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.

07.02.2016

Belarus third in world butter export rating
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.

04.02.2016

Belarusian-European Investment Forum scheduled to be held in Austria
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.
Supreme State Council of Union State
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.

02.02.2016

How much can Belarus earn on milk exports?
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 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
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.

31.01.2016

Dmitry Krutoi, Deputy Minister of Economy of the Republic of Belarus
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, 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.

28.01.2016

Belarus, Russia agree to discuss syncing of economic steps
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. 

25.01.2016

Belarus' economic potential to be presented in Lyon January 25
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.

20.01.2016

Belarus Prime Minister visits Vitebsk Engine Repair Plant
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.

18.01.2016

World economy going through difficult times: What is financial outlook for Belarus?
World economy going through difficult times: What is financial outlook for Belarus? The world economy is going through hard times. One of the main indicators of the global economic processes - the price of black gold - last week continued its rapid decline, which was immediately reflected in other financial and economic indicators, including exchange rates.

14.01.2016

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.

24.12.2015

Amkodor service center network to appear in Bangladesh
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.

23.12.2015

Amkodor plans $500 million shipment to Bangladesh
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.

22.12.2015

Elena Semak, Associate Professor of International Economic Relations Department of the Belarusian State University
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 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
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.

17.12.2015

Belarusian goods to be exported to remote regions Russia
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.
Vladimir Semashko, Belarus' Vice Premier
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
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.

15.12.2015

Nikolai Snopkov, Deputy Head of the Presidential Administration of the Republic of Belarus
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. 

10.12.2015

Alexander Lukashenko and Gurbanguly Berdimuhamedov
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.
Konstantin Artyushin, trade representative of the Russian Federation in the Republic of Belarus
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 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.

09.12.2015

Vietnam is important partner in South East Asia, Belarus President says
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
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. 

08.12.2015

Business forum in Vietnam: New impetus for Belarus' economic growth President Alexander Lukashenko's is on a state visit to Vietnam. Less than an hour ago, a plane of the Belarusian head of state landed at the international airport in Hanoi. During the visit, the Belarusian leader will hold a series of meetings. He will hold talks with the Vietnamese President, the head of the Communist Party and the Vietnamese Prime Minister. On December 8 Hanoi hosted a business forum where during one day the parties entered into contracts worth about $25 million.
Estonia interested in Belarusian baby food
Estonia interested in Belarusian baby food Estonia is interested in long-term cooperation with Belarus. Among the priority areas are the agricultural sector and mechanical engineering. A parliamentary delegation from that Baltic republic paid particular attention to Belarusian products.
Belarus and Vietnam to discuss global partnership strategy
Belarus and Vietnam to discuss global partnership strategy During the official visit to the Socialist Republic of Vietnam, Alexander Lukashenko will hold a series of meetings. He will have negotiations with the Vietnamese President, the head of the Communist Party and the Vietnamese Prime Minister. The two countries are discussing mutual business interests today, December 8, at an economic forum. It is known that Vietnamese companies have signed with Belarusian partners contracts worth $25 million. Our reporter is now in Hanoi. Natalia Breus reports from Vietnam.

03.12.2015

Belarusian tractors to be assembled in Brazil
Belarusian tractors to be assembled in Brazil Belarusian tractors will be assembled in Brazil. The MTZ plant is considering the issue of creation of assembly production in the country. The project will allow entering the Latin American market. On December 2, a shipment of goods to Cuba was completed. The amount of the contract is about 13 million euros. In addition to tractors the factory will supply for the guarantee maintenance of machinery some spare parts worth over 5 million euros.

30.11.2015

Belarusian delegation visits construction site of Garlyk mining and processing plant in Turkmenistan
Belarusian delegation visits construction site of Garlyk mining and processing plant in Turkmenistan In Turkmenistan, two Belarusian projects are being implemented: the first one is the construction of a service center, which is designed to serve Belarusian tractors. The other one is a major foreign project of Belarus – the Garlyk mining and processing plant. By 2017, the plant will have reached the designed capacity of fertilizers’ production.
Belarus may introduce domestic developments in BelGee car production
Belarus may introduce domestic developments in BelGee car production Belarusian passenger cars do have the future. Together with professionals from China, Belarus is already assembling cars of different classes near the town of Borisov. Belarus, however, plans to expand the production and introduce more domestic developments. The task was set November 30 by the Belarus President. Currently, 70 kilometers from Minsk a plant is being built on which at first 60,000 and then 120,000 cars a year will be produced. The majority of them will be exported.
Belarus may help develop special economic zone in Astrakhan region
Belarus may help develop special economic zone in Astrakhan region Belarus may take part in the development of a special economic zone in the Astrakhan region. The delegation of that Russian region on November 30 discussed in Minsk the prospects of cooperation with their Belarusian colleagues. Among the priority areas of mutual interest are the machine tool industry, textile industry and agriculture.

29.11.2015

President Lukashenko: Belarus open to friends from Azerbaijan
President Lukashenko: Belarus open to friends from Azerbaijan The Presidents of Belarus and Azerbaijan will contribute to the development of political dialogue between the two countries, strengthen the high level of trust, understanding and cooperation, reads the joint declaration signed by President Alexander Lukashenko and Ilham Aliyev in Minsk yesterday. The leaders regularly exchange visits, which confirms the political will to the dialogue.

26.11.2015

Dmitry Mironchik, Belarus' Foreign Ministry Spokesman
Ukraine says Belarus discriminates its goods by sanitary checks Belarus has no reason for cancelling sanitary inspection of foreign products and this does not discriminate Ukrainian goods, stated today the Ministry of Foreign Affairs of Belarus.

25.11.2015

Mikhail Myasnikovich, Chairman of the Council of the Republic of the National Assembly of the Republic of Belarus
250 Belarusian MAZ trucks may be exported to Turkmenistan As many as 250 Belarusian MAZ trucks may be exported to Turkmenistan. Today, November 25, the Belarusian delegation arrived in Ashgabat to discuss the proposal to enter the market of Central Asia.   Just a few years of cooperation allowed Belarus to ship about 5,000 tractors and 10,000 trucks. Traffic, construction and agricultural machinery, the implementation of several major projects. For Belarus Turkmenistan is an important partner in Central Asia. Not only economic but also political.

24.11.2015

Mikhail Myatlikov, head of Belarusian Chamber of Commerce and Industry
Belarus' new and traditional trading partners The development and expansion of Belarusian export was discussed talked 23 November at the Ministry of Foreign Affairs of Belarus. The meeting brought together the leading providers of domestic products and services. The participants focused on the preparation of a national export development program for the next five years. It will take into account the situation on foreign markets.   
Belarus, Russia's Novosibirsk region to develop bilateral relations through industrial cooperation
Belarus, Russia's Novosibirsk region to develop bilateral relations through industrial cooperation Belarus and Russia Novosibirsk region will develop bilateral relations through industrial cooperation. The matter was discussed on November 24 in Minsk at a meeting of the Business Cooperation Council between the partners. The sides plan to improve trade thanks to integration projects in the field of science, tourism, and agriculture.
Export diversification is paying off, Belarus Premier says
Export diversification is paying off, Belarus Premier says Since early 2015, Belarusian export has grown in several positions. However, there are still enough problematic issues in foreign trade. The Council of Ministers today, November 24, discussed how to achieve and maintain positive performance in exports to Belarus' key export destinations. During 2015 the products under the brand Made in Belarus have been exported to Asia, Africa, Central and North America. As noted by the Council of Ministers, work to increase exports should be more active. 

22.11.2015

Serbian president ends official visit to Belarus November 21
Serbian president ends official visit to Belarus November 21 A turnover of $500 dollars, development of cooperation in the engineering industry, agriculture, construction, wood processing, and more investment projects in the future - such are the tasks set by Belarus and Serbia. The President of Serbia, Tomislav Nikolic, has completed the second official visit to Belarus. A regular political dialogue provides the dynamics of cooperation. It is going to be deepened, reads a joint statement that was signed by the presidents of the two countries immediately after the talks at the Palace of Indep

20.11.2015

Belarus, Georgia interested in setting up joint industrial enterprises
Belarus, Georgia interested in setting up joint industrial enterprises Belarus and Georgia are interested in setting up joint enterprises. A governmental delegation of that country, along with business leaders, is visiting Minsk these days. The sides are discussing cooperation prospects in the field of technologies, elevator industry and joint work in the petrochemical industry. In turn, Georgia is planning to supply to Belarus tobacco and citrus fruits. Belarus-Georgia trade turnover is set to increase 2.5 times and reach $200 million. Cooperation in the field of tourism is of great interest, too.

19.11.2015

Alexander Lukashenko, Tomislav Nikolic hold talks in Minsk November 19
Alexander Lukashenko, Tomislav Nikolic hold talks in Minsk November 19 The leaders of Belarus and Serbia once again confirmed their mutual desire to further strengthen relations between the countries. Alexander Lukashenko met with Tomislav Nikolic at the Palace of Independence November 19. The two presidents have been good friends for more than a year. Therefore, the heads of state, during the talks, touched on many different topics. Alexander Lukashenko thanked his Serbian counterpart for the support during the recent presidential campaign, and especially emphasized that today Belarus and Serbia don't have irresolvable issues in their relations.
Sister cities Brest and Subotica intend to develop trade and economic relations
Sister cities Brest and Subotica intend to develop trade and economic relations Want an example of Belarusian-Serbian cooperation at the regional level? Here it is: sister cities Brest and Serbian Subotica have developed a preliminary roadmap that will allow both parties to start serious projects.  At this point, trade between Brest and Serbia amounts to about $3 million.
Belarus, Serbia sign joint statement reaffirming aim to deepen cooperation
Belarus, Serbia sign joint statement reaffirming aim to deepen cooperation The Palace of Independence hosted a meeting of the leaders of Belarus and Serbia November 19. Discussion on economic aspects of cooperation was preceded by a solemn ceremony to welcome the President of Serbia. Tomislav Nikolic arrived in Belarus yesterday evening. This is his second visit to Belarus as head of state. November 19, after the talks, the presidents of Belarus and Serbia signed a joint statement reaffirming the policy aiming to deepen cooperation.

18.11.2015

Belarusian-Chinese business forum opens in Minsk
Belarus ready to cooperate with China's autonomous regions Belarus is ready to cooperate closer with China's autonomous regions. Minsk is hosting a Belarusian-Chinese business forum on November 18. It brought together more than 250 representatives of business circles of both countries. The trade and economic dialogue was the beginning of a large-scale exhibition of products by Chinese manufacturers. Companies from China are acquainting Belarusians with their capabilities and achievements in the field of tourism, education, construction, industry, as well as investment and finance. 
Serbian President to pay official visit to Belarus November 18-20
Serbian President to pay official visit to Belarus November 18-20 Serbian President today, November 18, will arrive in Belarus on a three-day official visit.  Alexander Lukashenko and Tomislav Nikolic will hold talks in narrow and expanded formats. The two leaders will sign a joint statement. This visit will contribute to further intensification of the Belarusian-Serbian contacts and contribute to the development of trade and economic relations. President of Belarus visited Serbia four times. Last time was a year ago. And since 2010, trade between Serbia and Belarus has increased five times.

17.11.2015

Belarus' President plans first overseas visit to Russia, at Putin's invitation
Belarus President's first overseas visit due to Russia, at Putin's invitation The Belarusian President intends to make his first visit after the presidential elections to Russia, at the invitation of Vladimir Putin. Belarus leader Alexander Lukashenko discussed the preparations for this meeting together with Alexander Surikov, Ambassador of the Russian Federation to the Republic of Belarus. The Union State leaders exchange visits constantly. Russia is the main trade partner of Minsk and at the same time the largest export market for Belarus’ goods.

01.11.2015

Ecuador: Center of the Earth and reliable partner of Belarus
Ecuador: Center of the Earth and reliable partner of Belarus Latin America is a big and promising market for the sale of Belarusian goods. The Presidents of Belarus and Ecuador have exchanged mutual visits in recent years. A few months ago in an interview with our program, Rafael Correa said that Ecuador is waiting for Alexander Lukashenko's visit to promote both political and economic cooperation.  And quite recently, during the UN General Assembly, the two leaders have met in New York and
Belarus, USA plan to set up beef cattle joint ventures
Belarus, USA plan to set up beef cattle joint ventures Belarus and the United States plan to set up joint ventures to grow beef cattle, said 31 October Belarus' Minister of Agriculture during a meeting with a delegation of American scientists and businessmen. The products produced at the plant will be exported to the Middle East and Asia. In addition, by March 2016, it is planned to purchase about 10,000 highly productive cattle. The animals will be staying on natural lands in the Vitebsk and Mogilev regions. The sides are studying the issues of the delivery of Belarusian agricultural products to the United States. 

30.10.2015

Mikhail Rusyi: Conditions of entry into WTO are more important than entry itself
Conditions of entry into WTO are more important than entry itself, Belarus agriculture minister says October 30, Mikhail Rusyi, the deputy prime-minister of Belarus, stated during a joint sitting of the Council of the Republic and the House of Representatives that the conditions of entry into the WTO are more important than the entry itself. The Belarus government says they have been working on the entry into the World Trade Organization for a long time taking into consideration many aspects. One of the factors that shouldn’t be omitted is the entry conditions for the countries that together with Belarus are members of the Eurasian Economic Union (EEU).

29.10.2015

Belarus widens range of smart gadgets: from queue management systems to unusual computers
Belarus widens range of smart gadgets: from queue management systems to unusual computers Belarus has widened the range of smart gadgets. Smart technologies are widely used in the management of queues, interactive boards and digital city guides. One of the devices that deserve attention is a recently launched unusual computer where the monitor and the system unit are combined under one cover. These are two out of many achievements, the Horizont company, the largest Belarusian manufacturer of audio and video components, is proud of. The company celebrates its 75th anniversary this year.

22.10.2015

Venezuela factory to assemble Belarusian machinery
Venezuela factory to assemble Belarusian machinery A plant that will produce Belarusian equipment has opened in Venezuela. Taking part in the opening ceremony was President Nicolas Maduro. He praised the potential of the new enterprise. The assembly plant to produce road construction machinery was built in Venezuela with the participation of Belarusian specialists. The enterprise will assemble vibratory rollers, loaders, generator sets and pumps.
Dmitry Mironchik, Belarus' Foreign Ministry Spokesman
Day of Belarusian economy in Berlin: Business forum due October 22 There will be held October 22 a large-scale business forum in the German capital Berlin as part of Day of Belarus Economy. It will gather Belarusian and German officials, executives and businessmen. They will discuss the prospects for business cooperation.
President Lukashenko: Healthy lifestyle should be the hallmark of Belarus
President Lukashenko: Healthy lifestyle should be the hallmark of Belarus Formation of a healthy way of life is a priority for Belarus. The advances in medicine were discussed 21 October at the European Ministerial Conference of the World Health Organisation (WHO). This is the first such global forum in Belarus.

21.10.2015

Belarusian Economy Day to be held in Berlin on October 22
Belarusian Economy Day to be held in Berlin on October 22 Belarusian-German cooperation in the fields of industry, investment, energy, logistics and professional training was discussed on October 21 in Berlin. A special working group also considered bilateral cooperation in the context of the Eurasian Economic Union. Tomorrow, October 22, Berlin will host the Day of Belarusian Economy. More than 100 business representatives of the two countries will discuss cooperation in industry, energy, banking and other sectors.

20.10.2015

Minsk enterprises' stock reserves decrease
Minsk enterprises' stock reserves decrease In September 2015, products worth more than BYR450 billion were sold from storage reserves of large industrial enterprises of Minsk. Thus stocks of washing machines fell by 43%, TVs by 17%, shoes by %16.5, tractors by 12%, trailers and semi-trailers by 10%. Main markets are Belarus, Russia, Serbia, the Czech Republic and Slovakia. More: Belarus' macroeconomic policy

05.10.2015

Belarus parliament opens 2015 autumn session: agenda
Belarus parliament opens 2015 autumn session: agenda Last week, there began the eighth session of the House of Representatives of the National Assembly of the Republic of Belarus. All attention is now focused on the draft budget of Belarus for 2016. MPs themselves are aiming for a balance in the economic development and innovation.   The Finance Ministry began work on the draft in the spring. And still deputies consult with financiers every day and make additions.

04.10.2015

Days of Belarus in Novosibirsk: 30 companies and 'grocery excitement'
Days of Belarus in Novosibirsk: 30 companies and 'grocery excitement' Both Belarus and especially Russia, which is under sanctions, are concerned about the possibility of import substitution. Some time ago the Belarusian Prime Minister warned: the nations should not substitute each other's import! Belarusian products, however, causes serious competition in the Russian market. Especially far from Moscow. Another confirmation were the Days of Belarus in Siberia.

02.10.2015

Belarus to develop cooperation with Russian regions beyond the Urals
Belarus to develop cooperation with Russian regions beyond the Urals Belarus intends to develop cooperation with Russian regions located beyond the Urals. In November Minsk will host a delegation from Novosibirsk led by the governor of that Russian region. But government officials and business circles are already establishing closer cooperation.

30.09.2015

Russia offers Belarus "small Schengen for two" Olga Korshun, CTV:On September 29 there was held a session of the Belarus-Russia Union Council of Ministers. The agenda included 40 questions. Topics for discussion were very different: from the formation of the migration space to discussion concerning fuel and energy balances. But most attention is paid to the economy. The two economies are closely intertwined. Belarus is among the top ten trade partners of Russia. Last year, joint trade exceeded 37 billion dollars. In Belarus, there are about 2.5 thousand companies with Russian capital.

28.09.2015

14 companies to come to Chinese-Belarusian Industrial Park in 2016
14 companies to come to Chinese-Belarusian Industrial Park in 2016 Some 14 companies are planning to come to the Chinese-Belarusian Industrial Park Great Stone in 2016. Now the sides are in talks and developing business plans and investment projects. We are talking about timber production equipment, pharmaceutical companies, as well as enterprises that are engaged in research in the scientific and technical sector. Note that 8 residents of the industrial park "Great Stone" are currently registered. Two of them have already started construction works: a malt processing plant and a logistics center.
Minsk hosting Belarusian-Slovenian business forum
Minsk hosting Belarusian-Slovenian business forum Construction, energy and agriculture as the main areas of cooperation. As many as 13 leading Slovenian companies became Belarus' potential partners. Belarusian producers are going to strengthen bilateral relations and make new contacts at a business forum, which is being held in Minsk. According to data from the last three years, trade between Slovenia and Belarus is growing, but it is too early to talk about the stability of the economic ties between the two countries.

27.09.2015

Savushkin Product director: "We are not so rich to feed the cattle additives and hormones."
Savushkin Product director: "We are not so rich to feed the cattle additives and hormones." It is not easy to break into new markets! Even presidents sometimes clash defending their producers. An example is the recent regional forum in Sochi, when Nazarbayev, Putin and Lukashenko politicized the dairy topic. Let's recall how it was.
Who should push Belarusian producers to search for new markets?
Who should push Belarusian producers to search for new markets? Ecuador can become a profitable partner for Belarus. The TV program Picture of the World has talked in Quito with Ambassador Extraordinary and Plenipotentiary of Belarus to Ecuador the country Igor Poluyan. Yuri Koziyatko: You are the ambassador not only to Ecuador. You also have concurrent accreditation in Panama, Nicaragua and Colombia. Right? In four countries. Igor Paluyan: Yes that's right.

23.09.2015

Russia's Vladimir region delegation arrives in Minsk September 23
Russia's Vladimir region delegation arrives in Minsk September 23 Belarusian-Russian regional cooperation is gaining momentum. After the visit of the delegation of the Ulyanovsk region yesterday, next guests from Russia have arrived in Belarus. At this time the delegation is from the Vladimir region of Russia. On September 23 businessmen of the two countries will hold business talks. The parties plan to establish new business contacts and negotiate on export of their products. In particular, the potential partners from the Vladimir region are interested in Belarusian manufacturers of paints, elevators, and large-panel construction. 

21.09.2015

Direct contacts with Russian companies is basis of Belarus-Russia trade-economic cooperation, President Lukashenko says
Direct contacts with Russian companies is basis of Belarus-Russia trade-economic cooperation, President Lukashenko says Direct contacts with Russian companies is the basis of trade-economic cooperation between Belarus and Russia, noted President Alexander Lukashenko during a meeting with the governor of the Ulyanovsk region. This meeting is a continuation of a recent conversation, which began at a high level in Sochi.
Tatiana Revizore, correspondent
Visitors about Belarus-Russia Forum of Regions in Sochi To understand the atmosphere in which the Forum of Regions of Russia and Belarus was held (not only in air conditioned rooms) our correspondent spoke with Sochi residents and those who come to relax and tasted Belarusian products. Tatiana Revizore has more.

20.09.2015

Brewing malt plant to be built in Chinese-Belarusian Industrial Park
Brewing malt plant to be built in Chinese-Belarusian Industrial Park The construction of a plant for the production of brewing malt has started in the Chinese-Belarusian Industrial Park Great Stone. Taking part in the ceremony was a delegation from China headed by the governor of Gansu Province. This project with a volume of Chinese investment of more than $100 million will be completed by autumn 2016. A Chinese real estate developer will be the 8th resident of the industrial park.
Mikhail Myasnikovich, Chairman of the Council of the Republic of the National Assembly of the Republic of Belarus
Will Belarus and Russia have single currency? Interview with Mikhail Myasnikovich The "dairy" controversy of the presidents, including at the Forum of Regions in Sochi, is a colorful example of how the heads of state are personally fighting for the interests of their countries! There are still many barriers and restrictions in Belarusian-Russian trade.   For example Russian Prime Minister Medvedev, visiting Grodno recently, asked at a solemn feast to be treated Belarusian parmesan, Belarusian Jamón and Belarusian oysters? Such ironic phobia! We began the interview with Chairman of the Council of the Republic (in the recent past, the Prime Minister of Bel

17.09.2015

Forum of Regions of Russia and Belarus: Industrial enterprises conclude first agreements September 17
Forum of Regions of Russia and Belarus: Industrial enterprises conclude first agreements September 17 The industrial potential of Belarus and Russia is huge. In Sochi, September 17, there opened a regional forum of the two countries.  The result speaks for itself - a few hours of the exhibition industry brought a solid package of agreements. The advantages of Belarusian products were evident. The chairman of the upper house of the Russian parliament liked our milk and sausages. Valentina Matvienko, as a true woman, was fascinated by Belarusian knitwear too.
Grodno and the Chinese Gansu Province intend to create and develop joint projects
Grodno and the Chinese Gansu Province intend to create and develop joint projects On September 17 the Grodno region and the Chinese province of Gansu discussed interregional projects. A delegation from China arrived in the town on Neman.  The cooperation between the partners intensified after the recent meetings between the Belarusian and Chinese presidents. While earlier it was only about trial contacts and cultural exchanges, now the sides are in talks on specific projects.
Package of agreements signed at Belarusian-Russian industrial exhibition in Sochi
Package of agreements signed at Belarusian-Russian industrial exhibition in Sochi The first results of the interregional dialogue. At the Belarusian-Russian industrial exhibition in Sochi, the sides signed a package of agreements.  In particular, Grodno Oblast and Komi Republic plan to cooperate in trade-economic, scientific-technical and cultural areas. The Mogilev and Ivanovo regions displayed mutual interest in the social sector and agriculture and signed the relevant documents. BelAZ and the Russian company Region 42 have agreed on the supply of mining equipment.

16.09.2015

Vladimir Semashko, Deputy Prime Minister of the Republic of Belarus
Belarusian woodworking enterprises now process 100% of timber Enterprises of the woodworking industry of Belarus now process 100% of timber. The next step will be the modernization of furniture production. This is part of a plan Belarus adopted earlier. Its goal is to switch to supplies of exclusively finished products instead of raw wood. In 2016, Belarus plans to put into operation new companies. This will allow taking available niches on the Belarusian market and then abandoning the purchase of imported cardboard and pulp.

15.09.2015

Over 120 agreements worth $100m to be signed at II Forum of Regions in Sochi Uniform industrial policy will be one of the main themes of the second Forum of Regions. The meeting will be held in Sochi this Friday and Saturday. The upcoming forum of regions in Sochi will be the second such event in the history of Russia and Belarus. It will bring together businessmen at the highest level who will discuss common commercial policy and find new points of contact. More than 80 leading enterprises of Belarus will present their products at a large-scale fair of Belarusian and Russian producers.

13.09.2015

International exhibition Euroregion Neman opens in Grodno
International exhibition Euroregion Neman opens in Grodno Representatives of more than a hundred companies from Belarus, Russia, Poland, Lithuania and China met in Grodno on September 11. Here works the international exhibition-fair "Euroregion Neman". The economic forum will allow guests to get acquainted with the potential of the Grodno region. There are no restrictions on areas of activity.
Alexander Lukashenko wants to use Belarus-India decades-long ties
Alexander Lukashenko wants to use Belarus-India decades-long ties A meeting between the Indian and Belarusian leaders was held in June 2015. Back then the two presidents agreed to increase the volume of trade and signed a roadmap for cooperation noting several major contracts. Indian partners have again visited the Belarusian capital this week. This time, the delegation was headed by the Minister of Industry and Trade.
President Lukashenko to pay working visits to Dushanbe, Sochi September 15-18
President Lukashenko to pay working visits to Dushanbe, Sochi September 15-18 The CSTO Collective Security Council will meet on September 15 in the capital of Tajikistan. Taking part in the session will be the President of Belarus.  The agenda of the meeting of the current session of the Collective Security Treaty Organization has more than 15 questions. Alexander Lukashenko will then leave Dushanbe and pay a working visit to the Russian Federation, where he will participate in the 2nd Forum of Regions of Russia and Belarus, which will be held in Sochi on September 17-18.

10.09.2015

Minsk Day marked at EXPO 2015 in Milan September 10
Minsk Day marked at EXPO 2015 in Milan September 10 The Day of Minsk is celebrated at the World Exhibition in Milan. EXPO 2015 presents trade and economic, industrial, innovation, tourism opportunities of the Belarusian capital. Yesterday, EXPO 2015 hosted the day of Belarus. Now a large government delegation is in Italy. During talks they focus their efforts on the expansion of trade and economic cooperation. 2014 was a record year for Belarus and Italy in terms of turnover, which exceeded $2 billion.

09.09.2015

Anastasia Ivannikova, CTV correspondent
Belarus National Day due September 9 at World Expo 2015 in Milan Belarusian business and investment attractiveness will be discussed September 9 in Italy. The World Exhibition in Milan will host the National Day of Belarus. Participating in this important image building event will be the Belarusian delegation headed by the Prime Minister. The discussion will focus on the possibilities and prospects of Belarus in the light of its membership in the Eurasian Economic Union. In addition to this business conversation an extensive cultural program will be held.
Mayor Sinisa Mali offers Minsk to participate in modernization of Belgrade's trolleybus fleet
Mayor Sinisa Mali offers Minsk to participate in modernization of Belgrade's trolleybus fleet Mayor of Belgrade Siniša Mali is on a visit to Minsk. The Serbian side has come with specific cooperation proposals. After seeing Belarus' developments, the mayor of the Serbian capital made a specific proposal - to participate in the modernization of the entire trolleybus park of Belgrade, which is scheduled for early next year.

08.09.2015

Alexander Lukashenko: We can get 7 billion from China whenever we want to implement our projects
Alexander Lukashenko: We can get 7 billion from China whenever we want to implement our projects The floating exchange rate, consumer prices and the use of Chinese loans... These matters were among those Alexander Lukashenko today discussed with the chairman of the National Bank, Pavel Kallaur. The National Bank chief spoke about the situation in the financial sector. August was not the easiest month for the economy. At this time, Belarus was affected by external factors - the decline in world oil prices and the weakening of the national currencies of Belarus' major trading partners - especially in Russia. 
Eurasian Intergovernmental Council signs two international agreements September 8
Belarus signs two international agreements at Eurasian Intergovernmental Council meeting in Grodno Economic and financial stability within the Eurasian Economic Union (EEU) was discussed on September 8 in Grodno, Belarus. Now the meeting of the Eurasian Intergovernmental Council continues there. Premiers of Belarus, Armenia, Kyrgyzstan, Russia and Kazakhstan have gathered at the negotiating table. 
Eurasian Intergovernmental Council underway in Grodno September 8
Eurasian Intergovernmental Council underway in Grodno September 8 Economic and financial stability within the Eurasian Economic Union (EEU) was discussed on September 8 in Belarus' Grodno. The city is hosting the Eurasian Intergovernmental Council meeting today. The Belarusian delegation is headed by Prime Minister Andrei Kobyakov.   The agenda includes matters of coordinated industrial policy, the development of relations with foreign partners and international organizations, and the formation of a single market for services.
Alexander Lukashenko: In spite of different sizes of India and Belarus, we have much to offer India
Alexander Lukashenko: In spite of different sizes of India and Belarus, we have much to offer India President Alexander Lukashenko on September 7 met with the Minister of Trade and Industry of India as well as the Ambassador Extraordinary and Plenipotentiary of India to Belarus. In 2014, trade turnover between the two countries stood at just over $400 million, and in H1 2015 it already amounts to more than $300 million. Industry, mechanical engineering, pharmaceuticals, and potash are areas in which Belarus and India can find common ground for cooperation.

03.09.2015

Alexander Lukashenko and Xi Jinping
Alexander Lukashenko: Belarus and China are long-time friends Alexander Lukashenko and President Xi Jinping held talks in Beijing September 2 during the Belarus President's working visit to that country. At the meeting, China confirmed its intention to continue to support our country in a difficult time for the global economy. For China, Belarus is not just a western partner, but also an area of ​​stability on the European continent. In turn, for Belarus, China is a growing market with advanced technologies and a reliable partner in Asia.

01.09.2015

Alexey Belyaev, political analyst
Expert: China is one of Belarus' closest partners outside CIS Belarus and China are bound by decades of cooperation. But in recent years, dialogue between the two countries has revived. This was facilitated by regular meetings at the highest level. In May 2015, head of China Xi Jinping visited Minsk.  Back then the heads of state held official talks and signed a Treaty of Friendship and Cooperation between Belarus and China, as well as a joint declaration on the further development and deepening the comprehensive strategic partnership.

28.08.2015

Belarus President about state's economic policy amid financial turbulence in the world
Belarus President about state's economic policy amid financial turbulence in the world Alexander Lukashenko was on a working trip to Brest region today. On 27 August, the President visited Baranovichi Cotton Production Association. It is the largest textile manufacturer in Belarus. The company received such a status thanks to modernization, which was quite quick here. Today the company launched a unique fabric processing system.

26.08.2015

CTV channel staff to visit Ivatsevichdrev company August 26
CTV channel staff to visit Ivatsevichdrev company August 26 On August 26 presenters, journalists and the top management of the TV channel CTV will meet with employees of the woodworking company Ivatsevichdrev. This is the first trip to Belarusian regions dedicated to the 15th anniversary of the TV channel.

25.08.2015

Belarus, Iran have big economic cooperation potential
Belarus, Iran have big economic cooperation potential Belarus and Iran have a great potential of economic relations. This matter was discussed in the House of Representatives in our country August 25. There was held a meeting with the head of the group of the Islamic Council Assembly of Iran on cooperation with the Parliament of Belarus. The sides expressed confidence that the current visit of the Iranian delegation will contribute to further development of cooperation between our countries in all areas.

24.08.2015

Ukraine marks Independence Day August 24
Ukraine marks Independence Day August 24 Ukraine is celebrating Independence Day on August 24. As many as 24 years ago the Supreme Council of the Ukrainian Soviet Republic adopted the Declaration of Independence of Ukraine.  In Kiev, flower laying ceremonies were held near various important monuments. Khreshchatyk hosted an independence march. Today, Ukraine, despite the difficult conditions, remains a reliable trade partner of Belarus. In 2014, the countries managed to preserve high bilateral trade figures - more than $5.5 billion.  

21.08.2015

Belarus' premier instructs to optimize costs of investment project at Mikashevichy's Granit company
Belarus' premier instructs to optimize costs of investment project at Mikashevichy's Granit company The cost of the investment project on Mikashevichi's "Granit" needs to be optimized, said the Prime Minister of Belarus visiting Europe's largest plant for the production of crushed stone. The enterprise gets about 16 million tons of products yearly. The main export destination is Russia.
Belarus alarmed by counterfeit alcohol flooding domestic market
Belarus alarmed by counterfeit alcohol flooding domestic market The illegal trafficking of alcohol, increased imports and reduction in domestic production were central topics of the August 20 meeting hosted by the Belarus President. He criticized the hesitancy of the government in taking measures to protect the domestic market from low-quality products.

17.08.2015

Andrei Kobyakov, Belarus Prime Minister
Belarus to draft 2016 budget considering tough foreign economic conditions Balanced foreign trade, stabilization of foreign exchange reserves and a slowdown in inflation in Belarus. Results of the socio-economic development of Belarus for the first half was summed up today, on August 14, by the government. The economy is in a difficult external environment. And yet, the country timely pays off foreign debts and ensures the growth of export. Budget revenues amounted to 4.5 percent of GDP.

14.08.2015

Belarus' government reviews economic performance in H1 2015
Belarus' government reviews economic performance in H1 2015 Balanced foreign trade, stabilization of foreign exchange reserves and a slowdown in inflation in Belarus. Results of the socio-economic development of Belarus for the first half was summed up today, on August 14, by the government. The economy is in a difficult external environment. And yet, the country timely pays off foreign debts and ensures the growth of export. Budget revenues amounted to 4.5 percent of GDP.

12.08.2015

Pakistan-China economic corridor may use BelAZ capabilities
Pakistan-China economic corridor may use BelAZ capabilities The capabilities of Belarusian Automobile Plant (BelAZ) can be used in the construction of the economic corridor between Pakistan and China, said the Minister of Information, Broadcasting and National Heritage of the Islamic Republic of Pakistan. The Prime Minister of Pakistan will complete his official visit today after three busy days spent in Belarus. Top managers of BelAZ acquainted Mr Nawaz Sharif with the fleet and showed him the famous giant vehicles. The first dump trucks (30 tons each) were delivered to Pakistan in 2008. 
Nawaz Sharif, Pakistani premier (R)
Nawaz Sharif to visit BelAZ August 12 Pakistani Prime Minister will continue acquaintance with Belarusian producers. August 12 Nawaz Sharif will go to BelAZ. Yesterday he visited Minsk Tractor Works (MTZ). In the next two years, MTZ plans to deliver to Pakistan up to five 5,000 units of equipment, which is almost twice the previous volumes.  It is possible that a similar economic effect can be expected from the meeting of the Pakistan delegation with Belarusian producers of mining equipment.
Minsk exports equal $800 million in H1 2015
Minsk exports equal $800 million in H1 2015 Minsk enterprises have significantly increased exports to Latvia, Sweden, Serbia, the Netherlands, Pakistan, Spain and Cuba. In H1 2015 alone, the city exported products worth more than 800 million dollars. Now Minsk delivers products to 130 countries. In addition, the capital penetrated the market of Bolivia in 2015. Many private enterprises increased export almost twice. Experts say that the recipe for success lies not only in quality but also in the uniqueness of individual goods.

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