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Economy & business

24.11.2017

It's now easier to do business in Belarus: President signs decree to remove red tape
It's now easier to do business in Belarus: President signs decree to remove red tape On November 23, Belarus President Alexander Lukashenko signed Decree No. 7 On the Development of Entrepreneurship. The document is a very important step to improving the business climate in the country. What will the decree change in the work of entrepreneurs?

23.11.2017

Asian investors ready to finance Belarusian AI projects
Asian investors ready to finance Belarus AI projects Negotiations with major investors and owners of leading IT companies of the Asia-Pacific region were held in the High-Tech Park of Belarus. Vsevolod Yanchevsky, the director of the HTP, met with foreign guests. Representatives of the world business elite particularly noted the desire of Belarus to develop the digital economy and the attention that President Alexander Lukashenko pays to the Belarusian IT sector.
Product Hunt notices Belarus blockchain startup Smart Diploma
Product Hunt notices Belarus blockchain startup Smart Diploma Belarusian projects are increasingly popular with the blockchain community. One of them got on the first page of the Product Hunt service. The product is called Smart Diploma. This is a startup, which is dedicated to the pressing problem for some universities and employers - verifying the authenticity of university diplomas. The startup is based on the blockchain technology. Universities make electronic confirmation of a diploma, which, thanks to a decentralized system, cannot be falsified.
Geely sales center opens in Minsk. What cars are on sale?
Geely sales center opens in Minsk. What cars are on sale? A new Geely sales center has opened in Minsk, built in accordance with the corporate requirements of the brand. The new car center is called "Geely Center Minsk" and is located at 123/2 vulica Cimirazieva. Many years ago, the Hyundai dealer center was located here. Potential buyers can see new models of the Belarusian BelGee plant. The showroom currently displays several versions of the Atlas crossover.

22.11.2017

Belarus learns to make office paper from waste paper
Belarus learns to make office paper from waste The first line to produce office paper from waste paper in Belarus appeared in Borisov. The project cost more than two million dollars. Until recently, the paper mill in Borisov processed 1-1,5 thousand tons of waste paper per year. However, the paper was of poor quality. To solve the problem, in 2013-2014, the factory spent more than $1.5 million on the purchase and installation of new equipment.
Ichak Adizes becomes co-founder of fintech start-up in Belarus
Ichak Adizes becomes co-founder of fintech start-up in Belarus Recognized world expert on business processes, Ichak Adizes, joined the board of directors and co-founded CopPay, a Belarusian-based company. . This happened after a meeting with the startup team, according to the business guru's blog. The founder of the Institute of Consulting and ex-consultant of Bank of America and Sberbank of Russia Ichak Adizes admitted that he discovered the crypto-currency world thanks to CopPay. Adizes plans to make the project "one of the most effective in the world".
Top AI Hackaton 2017 projects at Belarus Hi-Tech Park
Top AI Hackaton 2017 projects at Belarus Hi-Tech Park AI Hackathon 2017 was held last weekend in the business incubator of the High Technologies Park of Belarus. Startups of sometimes very young teams concerned with developments in the field of artificial intelligence - they used neural networks. The organizers wanted the developments to be of benefit to the community and of social significance. The prize fund of the forum was $10,000. Find out about top three projects of the 2017 Hackathon. NeuroCrypto. Self-learning technology that will help encrypt data

21.11.2017

Belarus President alarmed by low investment outlook in 2018
Belarus to record lowest inflation in history in 2017 Increase of population income, attraction of investments and employment were the main topics of the meeting hosted by the Belarus President on November 21. The economic development and the strategy for the future were discussed.

19.11.2017

Official opening of BelGee in Belarus: interesting facts
Official opening of BelGee in Belarus: interesting facts The official start of BelGee automobile plant has been given on November 17, 2017. The plant is located in the Borisov district and on the first day of its work the firs car was manufactured. President Alexander Lukashenko participated in the opening of the Belarusian-Chines plant. What is more, the directors of the Chinese corporation Geely were there as well.

16.11.2017

Deloitte logo
Belarusian-born companies listed in Technology Fast 500 Rating The international consulting company Deloitte has published its annual Technology Fast 500 Rating. The rating has been summarized on the basis of the profit dynamics over the past five years. What is more, three companies with offices in Minsk have been listed in the popular rating.
Are bankers' salaries in Belarus too high?
Are bankers' salaries in Belarus too high? Salaries of bankers must be earned honestly, said Belarus President Alexander Lukashenko during a meeting on the state of affairs in the banking sector. The salary in the banking sector, according to the President, should be calculated according to the same principles as in other spheres. The President also cited ordinary Belarusians calling bankers “fat cats”.
Why French businesses want to invest in Belarus
Why French businesses want to invest in Belarus Representatives of ten French industrial companies came to Belarus this week to assess the country's investment potential. "Belarus is now at a very good, 38th place in the Doing Business ranking, so why not to promote this market?" the businessmen explain.
Uber competitor leaves Belarus
Uber competitor leaves Belarus The mobile service Taxify has left Belarus, said its curator Martin Willig. One Minsker asked Taxify whether the application is working in Belarus and Willig answered as follows: "Unfortunately, no. Maybe again in the future." The list of cities supported by Taxify does not currently have a single Belarusian city, although not so long ago Taxify appeared in Gomel, Grodno and Brest. 
Chinese and Turkish investors interested in poultry production in Belarus
Turkish investors interested in poultry production in Belarus Turkish investors plan to build poultry farms in Belarus, said Belarus' Minister of Agriculture and Food Leonid Zayats at a press conference on November 15. "Recently, representatives of the Turkish business visited Belarus and examined the territories of Kopyl, Kletsk regions for the construction of poultry farms. They want to produce broiler meat. They need an area of ​​about 30,000 hectares. It is planned that the products will then be exported," Leonid Zayats said.

15.11.2017

What are the prospects of smart contracts in Belarus?
What are the prospects of smart contracts in Belarus? Smart Contracts are used in the bank and financial spheres today, they are popular in insurance, retailing, stock markets and other businesses. Belarus’ High Tech Park together with the juridical company “Aleinikov and Partners” is working on implementing smart contracts into the legal environment. The senior partner of the company “Aleinikov and Partners” Denis Aleinikov has spoken about the prospects of smart contracts and why do we need them today at the conference “Business internet”. 
Poland and Belarus to create meat processing joint ventures
Poland and Belarus to create meat processing joint ventures Interest in Belarus is growing on the part of Polish business. Joint ventures for processing meat may help accelerate the growth of trade turnover between our countries. Such opportunities are discussed by the business community. The task is to achieve a level of mutual trade of $4 billion. While the main Polish export items are fruits and vegetables. Belarus, in turn, exports potash fertilizers and timber.
Stadler cars to be used on third line of Minsk subway
Stadler cars to be used in Minsk subway 11 high-speed, two-story trains produced in the factory in Fanipol near Minsk are now serving passengers in Moscow. Meanwhile, the Stadler trains are known not only in Russia. Large contracts were signed by Belarusian producers with Azerbaijan and Georgia. The future third line of the Minsk metro will also be serviced by Belarusian cars Stadler. Please watch the video to see the railway cars in action.

10.11.2017

IMF says reforms to double Belarus' economic growth
IMF says reforms can double Belarus' economic growth The IMF has improved the economic outlook for Belarus revising the figures to plus 1% to the previously announced indicator. Thus, by the end of 2017, experts expect the country's GDP to grow by 1.7%, said November 9 head of the mission of the International Monetary Fund for Belarus Peter Dohlman. The Belarusian economy will remain on the trajectory of growth in the future, too, believes the IMF. The indicator for the medium term is projected at 2%.

09.11.2017

What English law elements are due in Belarus' legislation?
Belarus to introduce English law elements The new draft decree on Hi-Tech Park in Belarus promises a lot of innovations, including elements of English law, which will foster business development, especially in the IT sector, which has blossomed in this former Soviet country.
Mapbox CEO: I like visa-free Belarus and expect even more positive changes
Mapbox CEO: I like visa-free Belarus and expect even more positive changes MapBox CEO Eric Gundersen, who has recently bought the Belarusian company MapData, has spoken about his impressions about Belarus. "This is a cool country. There are excellent engineers and tech specialists here.
Kyiv mayor test-drives Belarus-made MAZ buses
Kyiv mayor test-drives Belarus-made MAZ buses The mayor of the Ukrainian capital, Vitali Klitschko, personally tested new MAZ buses. Kyiv had previously bought 100 such vehicles, according to the website of the Kyiv City Administration. After a tender, Kiev bought 100 new MAZ buses, 18 of which have already arrived in Ukraine, and further two will be delivered in the coming days.

08.11.2017

Belarusian Nuclear Power Plant’s stress resistance tested
Belarusian Nuclear Power Plant’s stress resistance tested The first results of the Belarusian Nuclear Plant’s resistance have been announced in Minsk on November 8. Specialists have determined that no serious changes will be made to the project, however, some things need to be corrected. The deputy engineer of the plant explained, that the major changes will concern electronics, so that full security is provided when the station goes blackout. It has also been decided to exploit the local seismic control network at all the stages of the Plant’s functioning.
Getting work permit in Belarus' tech companies may become easier
Belarus to relax work visa requirements for tech staff Perhaps Belarus will turn into a large IT country in the near future, at least in the Eastern European region. Belarus is now actively discussing a new draft decree on Hi-Tech Park (HTP), or the Digitalization Decree, as it's known. The document, among other things, talks about unmanned vehicles, crypto-currencies, blockchain and start-ups.
Belarusian startup OneSoil gets $500,000 for revolution in agriculture
Belarusian startup OneSoil gets $500,000 for revolution in agriculture The Belarusian agro-technical start-up OneSoil, which increases the productivity of agriculture and saves farmers money with the help of machine learning and computer vision, has received $500,000 of investment. The money will be used to develop an unprecedented solution for the market. The leader of the seed round was the venture fund Haxus. The round also involved businessman Yury Melnicek, whose startup AIMatter this summer was bought by Google, and co-founder of EPAM Leonid Lozner.

06.11.2017

Belarus to regulate blockchain and cryptocurrencies
Belarus to regulate blockchain and cryptocurrencies The National Bank of Belarus has announced the creation of an information network using blockchain technology. The system is intended for banks who will be able to organize services and have an expanded range of operations. Cryptocurrencies are not going to arrive in Belarus, but the country does not have formal restrictions against such operations. Why Belarus needs blockchain
Are Bitcoins allowed in Belarus? National Bank
Are cryptocurrencies allowed in Belarus? At the moment, crypto-currencies, including bitcoin, are not regulated in Belarus. They are not considered to be money, services, the object of exclusive rights or any other object of civil rights. Although there is no judicial practice regarding the use of crypto-currencies in Belarus, one can state with a high degree of certainty that crypto-currencies do not actually exist for the Belarusian state for the time being.
Belarus may introduce long-term startup visas
Belarus may introduce long-term startup visas While Belarus' neighbors from the Baltic countries are introducing start-up visas, involving Belarusian programmers and start-ups with access to the EU market, the draft decree on Belarus Hi-Tech Park aims to create what could become "IT Hong Kong for the Slavic world". The draft decree (read its key points here) gives chances to create comfortable conditions not only for Belarusian IT engineers, but also for the mass arrival of Russian and Ukrainian companies.

04.11.2017

Belarus to amend monetary policy in 2018
Belarus to amend monetary policy in 2018 Belarus is planning to change its monetary policy in 2018. Within the October economic forum, the chairman of the National Bank of the Republic of Belarus Pavel Kallaur participated in a discussion dedicated to the issue. During the discussion he emphasized that the main aim of the National Bank today is the price stability. “Price stability is the main aim of the National Bank, and it has already been determined in the Bank’s Charter this year. We will be aiming at using monetary policy-inflation targeting”.
Jysk opening shop in Brest
Jysk opening shop in Brest A shop for everyday life and rest “Jysk” will be opened in Brest on December 7, 2017. It will be the first ever shop of the Danish retail chain in the regions of Belarus, which will create 24 working places. The investments of “Jysk” in Brest are about one million dollars.
Belarus improves positions in Global Gender Gap rating
Belarus improves positions in Global Gender Gap rating The World Economic Forum has published the 11th Global Gender Gap 2017 report. This year’s results are very positive for Belarus. As a result of the report, Belarus has stepped four positions up and was rated on the 26th place out of 144 countries, when in 2016 Belarus held the 30th position and the 34th in 2015. The country has been improving its rating every year.
Alpine Holding GmbH to complete former Belarus' Kempinsky hotel
Alpine Holding GmbH to complete former Belarus' Kempinsky hotel The Kempinski complex, bought by Sberbank of Russia, will be completed by the Russian branch of the Austrian company Alpine Holding GmbH. According to the passport of the facility, now the St. Petersburg company SPICH is responsible for the project documentation, and the Austrian "Alpine Holding GmbH" became the contractor, Belarusian media report. Works on the site in Minsk will be performed by the Moscow office of ALPINE. Hiring other organizations for subcontracting is not planned.
Belarus, Britain want to sign double taxation agreement
Belarus, Britain want to sign double taxation agreement Brexit will not negatively affect the UK's commitment to trade relations with Belarus, UK Ambassador Fionna Gibb said, according to express.co.uk. Speaking at the Kastryčnicky Ekanamičny Forum (KEF), the ambassador said: “We will remain an investment source and an investment destination. For us, Brexit brings new opportunities to build new and stronger trade relations around the world, including with Belarus.”

03.11.2017

Belarus to allow unmanned vehicles, welcomes Uber-like companies
Belarus to allow unmanned vehicles, welcomes Uber-like companies Information about the forthcoming changes in the legislation on Belarus' Hi-Tech Park (HTP) attracted close attention of international business from the start. In May 2017, CEO Gett - the closest competitor to Uber - met with the leadership of Belarus' HTP, after which they announced the opening of a development center for the Israeli company in Minsk. A bit later, the top manager of Uber visited the HTP too. The company is already present in Belarus as a service provider.
Less currency control means more growth for Belarus Hi-Tech Park residents
Less currency control means more growth for Belarus Hi-Tech Park residents Laws do not keep up with life and technologies all over the world. The task of the new Belarus decree on Hi-Tech Park 2.0 was not simply to abolish currency control for the residents of the Park, but to cancel "visas for money", which this concerns a whole range of measures, including currency control.
Who will soon be allowed to become Belarus Hi-Tech Park residents?
Who will soon be allowed to become Belarus Hi-Tech Park residents? According to a new Belarus Hi-Tech Decree, which is now referred to as the Belarus Digitalization Decree, the following businesses will be able to become High-Tech Park residents:
New legislation for Belarus' Hi-Tech Park due in 2018
Belarus Hi-Tech Park could open for Google, Facebook and Apple A new decree by the Belarus President should open doors of the Hi-Tech Park (HTP) for software companies and firms of other high-tech profiles - electronics, machine design, medicine and biotechnology, as well as for investment funds (including venture capital), educational projects for IT professionals and foreign organizations (Google, Facebook, Microsoft and Apple), which monetize IT products through advertising and paid subscription.
Singapore tops world cybersecurity index
Belarus 39th in world cybersecurity index, Singapore leading Belarus has taken 39th place in the world on the index of cybersecurity. The report "Global Cybersecurity Index" (GIC) is published on the website of the International Telecommunication Union. In total, it reviews 193 countries. The rating is headed by Singapore, followed by the USA and Malaysia. The most cyber-protected European country is Estonia (5).  Belarus proved to be more cyber-safe than Ukraine (58), Moldova (72) and Kazakhstan (82), but lost to Georgia (8) and Russia (10).

02.11.2017

Andrea Wiktorin: Belarus should continue reforms
Andrea Wiktorin: Belarus should continue reforms What are the prospects for Belarus' economic development? Participants of Kastryčnicky Ekanamičny Forum in Minsk discussed the business environment, investment climate and globalization on November 2. The event gathers scientists, experts, representatives of business circles and international organizations. The major issue discussed is how to improve the investment attractiveness of Belarus. Eight documents on the liberalization of business have already been signed. Another one, on the High-Tech Park, is on its way. 
World Bank: Belarus has improved investment climate
World Bank: Belarus has improved investment climate Eight documents on the liberalization of business conditions have already been signed in Belarus, said November 2 Belarus' first deputy prime minister Vasily Matyushevsky during Kastryčnicky Ekanamičny Forum (October Economic Forum). Belarus is now preparing 10 documents that will drastically improve the business climate of the former Soviet republic. They will reduce costs of starting private business and subsequent administration. A broad public discussion will be held after the adoption of the entire package of documents liberalizing the economy.
First vice-premier of Belarus Vasily Matyushevsky
Belarus needs dialogue with IMF, but not for money? Belarus is in dialogue with the International Monetary Fund, but not in order to get a new loan, said first vice-premier Vasily Matyushevsky on the sidelines of the Kastryčnicky Ekanamičny Forum (October Economic Forum). "Money for us today is not the most important thing," the official said. "Belarus does not need emergency financing from the IMF, we have a balanced situation. Dialogue with the International Monetary Fund is needed so that they confirm that Belarus is moving in the right direction. This is very important for investors."

01.11.2017

Stadler trains to be launched in Minsk metro in 2018
Stadler trains to be launched in Minsk metro in 2018 CJSC “Stadler Minsk” is developing new carriages for Minsk metro, the first supply of carriages is planned in 2018. “Stadler Minsk” is to supply Minsk metro with 10 trains before 2020: six four-carriage trains and four five-carriage trains. The first four-carriage train will be supplied in 2018, and it will also be tested. The trains are specially being developed for Minsk underground. All the technical, constructive, and design peculiarities are being discussed at the moment.
What is Belarus' position in Doing Business 2018?
Analyzing Belarus' Doing Business 2018 position Belarus took 38th position among the 190 states covered by the Doing Business study, co-author of the report Valentina Saltan told media. In 2017, Belarus was ranked 37th. The change is not very large - a decrease by one notch. "This decline is due to the fact that other countries carried out more active reform efforts. This year, we noted only one reform in Belarus - on obtaining loans," Saltan explained. At the same time, she noted that there have been no significant changes in the rating methodology over the past year.

30.10.2017

Victor Kislyi, Wargaming CEO
Wargaming CEO recommends books for entrepreneurs Wargaming CEO Victor Kislyi from Belarus has picked some outstanding books for young entrepreneurs to read. " ...There is such an author - Patrick Lencioni - he is a true bomb! He has a series of books; I read them in the English language. The first one is “The Five Temptations of a CEO”, the second one is “The Five Dysfunctions of a Team”, and the third one is “The Four Obsessions of an Extraordinary Executive”.
Victor Kislyi, Wargaming CEO
Victor Kislyi on Wargaming's business, team, graphics and plans On entrepreneurship Entrepreneurship for me is to create something big and bright that people need. This may be a product or a service. It should be beautiful, convenient, and bring obvious benefits. Wargaming works in the entertainment field, and in our case, the computer game should be beautiful, exciting and should develop some skills - in the case of World of Tanks it's about teamwork on the battlefield, the ability to think strategically and cooperate.

28.10.2017

Premier Kobyakov gives interview to Forbes
Premier Kobyakov gives interview to Forbes Belarus is taking active positions at the world media market. Belarus’ Premier Andrei Kobyakov gave an interview to the magazine Forbes, where he spoke about the ways Belarus dealt with two crises (the world crisis of 2008 and the economic recession in Russia in 2014-2016).

26.10.2017

IMF mission to start work in Belarus on October 26
Belarus continues loan talks with IMF The mission of the International Monetary Fund, headed by Peter Dohlman, will begin its work in Belarus on October 26. Experts will stay in Belarus with a two-week business trip. They are expected to meet with the state administration of the country. Their main focus is the situation in the economy of Belarus. Currently, Belarus is negotiating with the IMF to launch a new program of cooperation.  As stated earlier, Belarus counts on the support of the fund and a credit line worth $3 billion.

25.10.2017

 Belarus’ export to Poland to increase by 19%
Belarus’ export to Poland to increase by 19% Belarusian export to Poland will increase by 19%. The commodity circulation between the countries has already summed up to more than 1.5 billion dollars. Experts are promising even larger figures by the end of 2017. On October 25, the sides determined new directions of economic cooperation. A joint meeting on trade and investments was held in Minsk. The bank sphere, building, wood processing, agriculture-in the nearest time the sides intend developing cooperation in these sectors.
Belarusian meat certified in China
Belarusian meat certified in China Belarusian poultry will appear in Chinese shops in the first quarter of 2018. A memorandum of corresponding certification has already been signed. Belarusian beef is also to taste for the Chinese people. The supplies of this meat worth 20 million dollars will be provided before the end of 2017. The day before a Belarusian delegation visited China, where the issue on expanding the list of plants with a right to supply products was discussed.
Brest region begins trial extraction of amber
Brest region begins trial extraction of amber The Brest region has begun trial extraction of amber. To reach the industrial scale, scientists must prove that the deposit will be profitable. Then it depends on investors, whether they are ready to invest money in extraction and, possibly, processing of ember, since Belarus does not have its own enterprises.
Modernzied mmechanical plant in Staryye Dorogi to make Geely parts
Modernzied mmechanical plant in Staryye Dorogi to make products for Geely Products of a joint Belarusian-Ukrainian enterprise in Staryye Dorogi went to the customer - BelAZ, who is also a co-owner of this enterprise. The subsidiary production line supplies brake pads for the Zhodino-based BelAZ. Previously, they were bought in Russia and foreign currency was to be spent on it. Now logistics is different and the money is not the same. 100% of demand in Staryye Dorogi is now met. To do this, the local mechanical plant was to be modernized and an investor attracted from Ukraine. He supplies a mixture for the production of pads.

24.10.2017

Belarusians to have access to credit history online
Belarusians to have access to credit history online The possibility appeared in connection with functional extension of the credit registry’s internet portal. This service was available for clients of only one bank before. Now clients of all Belarusian banks have access to the necessary information. What is more, one credit report will be free of charge during a year. At a certain price information will be provided for an unlimited number of times.

23.10.2017

President Lukashenko holds meeting on changing farming approaches in Vitebsk region
President Lukashenko holds meeting on changing farming approaches in Vitebsk region The finishing line of the harvesting campaign and the preparation of soils for the new harvest. The President held a meeting on the autumn field works. Representatives of the agriculture sector, the State Control Committee and the authorities of the northern region were invited to the discussion.
President Lukashenko gives indications to finish harvesting campaign by November 7
President Lukashenko gives indications to finish harvesting campaign by November 7 It is necessary to cardinally change the approach to farming in the Vitebsk region. These indications were given by Alexander Lukashenko on October 23, 2017, when listening to the report on the measures of ending the autumn field works.
Alexander Lukashenko on agricultural sector reformation of Vitebsk Region
Alexander Lukashenko on agricultural sector reformation of Vitebsk Region It is necessary to cardinally change the approach to farming in the Vitebsk region. These indications were given by Alexander Lukashenko on October 23, 2017, when listening to the report on the measures of ending the autumn field works. Representatives of the agricultural sector were invited to the discussion.
Reactor vessel for second power unit delivered to Belarusian NPP
Reactor vessel for second power unit delivered to Belarusian NPP The reactor vessel for the second power unit has been delivered to the Belarusian NPP. Its transportation was successful, and installation works will begin already at the end of 2017. As for the first power unit, the reactor vessel and all four steam generators have already been installed there. The first power unit is set to be put into operation in December 2019, the second in 2020. The Belarusian nuclear power plant is being built according to the Russian project of the new generation 3+ near the town Astravyets.
What reforms await housing and utilities in Belarus?
What reforms await housing and utilities in Belarus? Against the backdrop of instability in many regions of the world, our Belarusian problems seem insignificant. Simple things - warmth in the house, cleanliness and order - are considered the hallmarks of the country. Therefore, the President of Belarus deals with this personally.
What do Belarus and Switzerland have in common?
What unites Belarus and Switzerland? Let's start with today's event. A monument to a native of Belarus Tadeusz Kosciuszko was opened in Switzerland. The event is not of a global scale, but... it depends on how you look at it. It is believed that Kosciuszko is the most famous Belarusian in the world by origin. The geography of his life is impressive: he was born near the present Brest, he is the national hero of Belarus, Poland and the USA, an honorary French citizen, he was also imprisoned in the Peter and Paul Fortress in Russia and died in Switzerland.
Chinese-Belarusian Industrial Park companies hiring more employees
Chinese-Belarusian Industrial Park companies hold contest to hire translators Personnel for companies of the Great Stone industrial park were selected on October 22. A special contest for the best translation was organized for potential employees of major Belarusian and Chinese campaigns. More than 50 young professionals showed the desire to demonstrate their own skills, and in the long run find a job. During two days they took written tests, listening and interpreting. Professional jury assessed their work.

22.10.2017

Decree No. 337 on business liberalization comes into force from October 22
Decree No. 337 on business liberalization comes into force from October 22 Decree No. 337 on business liberalization comes into force from October 22, 2017 in Belarus. The document expands the list of economic activities for which businessmen do not have to register individual entrepreneurship.

20.10.2017

Belarus' utilities services to be reformed to increase efficiency
Belarus' utilities services to be reformed to increase efficiency Tariffs for housing and communal services should be affordable for the population, said the Belarus President at the republican seminar on the improvement of the housing and communal services sector. The topic is certainly important for every Belarusian. Today, it is the second most discussed topic among the population. This area is a priority for regional leaders. The work of municipal services is positively estimated by about 66% of the population. This is not enough, however.
Belarus President demands that utility tariffs be affordable
Belarus President demands that utility tariffs be affordable, warns against price hikes Tariffs for housing and communal services should be affordable to people, said the Belarus President today at the republican seminar dedicated to the improvement and development of the housing and communal services sector.
Cost reduction remains key problem of Belarus' housing and utilities services
Cost reduction remains key problem of Belarus' housing and utilities services On October 20, the President of Belarus will take part in a big meeting about the development of housing and communal services in the country. He is likely to pay attention to the problems of reducing costs and improving the quality of these services.

19.10.2017

Housing and communal services in Belarus need drastic improvement
Housing and communal services in Belarus need drastic improvement Cost reduction, automation, the transition to modern technology and, as a result, improving the quality of housing and communal services are the matters discussed on October 19 in Minsk by participants of a seminar on improving the housing and communal services in Belarus. A detailed discussion of the problems of the whole system and the search for ways of reforming in Belarus is long overdue. In 2016, a sudden winter-spring increase in tariffs caused many disputes after which the President demanded to economically justify the price increases.
Economic cooperation between Belarus and Spain discussed in Minsk
Economic cooperation between Belarus and Spain discussed in Minsk Business circles of Belarus and Spain have identified priority areas for cooperation. The first meeting of the intergovernmental commission on economic interaction was held in Minsk. Among the main topics were energy, information technology, agriculture, transport and logistics.
Belarus National Bank rules out settlements in cryptocurrencies
Belarus National Bank rules out settlements in cryptocurrencies Payments in crypto-currencies for goods, works and services on the territory of Belarus is not being discussed in principle, said Chairman of the Board of the National Bank Pavel Kallaur on October 18. Mr Kallaur noted that other matters of legal regulation of the use of crypto currencies by financial institutions, enterprises and people are being considered by state bodies and the expert community.

18.10.2017

First meeting of intergovernmental commission on economic cooperation of Belarus and Spain held in Minsk October 18
First meeting of intergovernmental commission on economic cooperation of Belarus and Spain held in Minsk October 18 Business circles of Belarus and Spain have determined the priorities of cooperation. The first meeting of the intergovernmental commission on economic cooperation has been held in Minsk. Energy, IT, agriculture, transport and logistics-the projects in these directions are prioritized.
Inflation in Belarus at 2.7% in 2017 so far, the best figure in sovereign history
Inflation in Belarus at 2.7% in 2017 so far, the best figure in sovereign history On October 17, the Council of Ministers said inflation in Belarus was at 2.7% as of September 2017, which is the best figure in the sovereign history of Belarus. The government discussed the economic development of the country from January to September 2017. Real incomes of the population increased during the reporting period, however, the schedule for increasing salaries was not fully implemented.

17.10.2017

Pensions to increase by average of 5% in Belarus from November 1
Pensions to increase by average of 5% in Belarus from November 1 Labor pensions will increase in Belarus. The corresponding decree was signed by the President. As a result of recalculation, pensions will increase by 5% on average. Therefore, they will sum p to BYN 316 on average. Every payment increase depends on individual parameters. For instance, from the experience of work, bonuses and promotions. Belarusians will get new-tariff pensions in November.

16.10.2017

World Bank ready to finance population census in Belarus via internet
World Bank ready to finance online population census in Belarus Many participants of the trial population census in the Molodechno district are in favor of online questionnaire. Nearly 15 thousand people were questioned. Less than 2% refused the questionnaire, which is ideal according to international standards.
Big report about Cherepovets Metallurgic Plant
Big report about Cherepovets Metallurgic Plant Cherepovets is the largest city in the Vologda region in Russia. Ice hockey fans know it for the HC Severstal, which is a few positions ahead of HC Dinamo Minsk in the KHL. The Cherepovets Metallurgic Plant has been known since the ancient times. From the steel and cast iron produced here, 2000 Eiffel Towers can be built annually. And many times more of automotive equipment. It is not by chance that the building cluster of Belarus and Russia is being created in Cherepovets. The assembling line of Belarus tractors has been launched there last week.
Moscow residents spend RUB 1 million on Belarusian products during Days of Minsk
Moscow residents spend RUB 1 million on Belarusian products during Days of Minsk Moscow residents have spent 1 million rubles to buy Belarusian products in just a few days. Active trade was at the fairs of Belarusian goods, which were held in the Russian capital during the days of Minsk in Moscow. The results of the fair were summed up October 16 at the Minsk City Hall. Moscow residents never argue about the tastes of Belarusian food products, willingly buying dairy and meat products.  Every 10th kilogram of food in Moscow stores comes from Belarus.
"We are always waiting for you": Days of Minsk take place in Moscow
"We are always waiting for you": Days of Minsk take place in Moscow Moscow loves Belarusian goods... From sausages and shoes to songs of soul and beauty, for which Russians usually come to Minsk for weekends. The days of the Belarusian capital were held in Moscow. An exhibition of Minsk took place at the Museum of Moscow showing 950 years of the history of Minsk - from the sculptures of Zhbanov in miniature and the modern look of the city to the facsimile of the Radziwill chronicle and other rarities.
Food, agricultural machinery and cotton: The points of contact between Belarus and Azerbaijan in 2017
Food, agricultural machinery and cotton: The points of contact between Belarus and Azerbaijan in 2017 This week, the chairman of the Azerbaijani parliament strengthened the bridges between Minsk and Baku. President Lukashenko met with him. The Belarusian leader noted that he talked with Ilham Aliyev at the CIS summit in Sochi. Also, the talks between a delegation from Baku and the government of Belarus should be added to the most important events of this week.

12.10.2017

Belarusian woodworking presented in Birmingham
Belarusian woodworking presented in Birmingham These days, the export potential of Belarusian wood processing is studied by partners from Great Britain. Birmingham is hosting the largest specialized forum, where the Belarusian exposition features for the first time. After modernization of factories, Belarusian products meet all world standards and already have an impressive export geography. The British market is promising for Belarusian enterprises.  In 2016, the Kingdom alone purchased wood products from Belarus worth more than 6 billion euros. 
Belarus' Economy Minister goes to USA to meet with WB
Belarus' Economy Minister goes to USA to meet with World Bank The preparation of a new partnership strategy between Belarus and the World Bank will be discussed in Washington. Belarus' Minister of Economy Vladimir Zinovsky went on a working visit to the United States. In the coming days, the capital of the USA will host the annual meeting of the Board of Governors of the World Bank Group and the International Monetary Fund, in which the Belarusian side traditionally participates.
Flights from Azerbaijan to Belarus planned six times a week
Flights from Azerbaijan to Belarus planned six times a week An Azerbaijani delegation is now visiting Belarus. On October 11 the delegation met with representatives of the lower house of the Belarusian parliament. Here the parties agreed on cooperation in the Silk Road Support Group. The project was created during the 26th session of the OSCE Parliamentary Assembly in Minsk. The proposal was made by the Azerbaijani side. Belarus acted as co-founder of the Silk Road Support Group in this interparliamentary organization.

11.10.2017

Belarus, Azerbaijan to actively develop interregional cooperation
Belarus, Azerbaijan to actively develop interregional cooperation Belarus and Azerbaijan will actively be developing interregional development. This was discussed on October 11 in the Council of the Republic. Mikhail Myasnikovich met with his Azerbaijani colleague –the chairman of Milli Mejlis Ogtay Asadov. Political trust and trade-economic relations have been established between Belarus and Azerbaijan a long time ago. It is planned to expand industrial cooperation, so that it is possible to enter markets of other countries with Belarusian-Azerbaijani products.
Online booking of travel services in Belarus to be presented at “Moscow-Minsk" forum October 11
Online booking of travel services in Belarus to be presented at “Moscow-Minsk" forum October 11 The forum of business cooperation “Moscow-Minsk” will be held on October 11 in Russia’s capital. The participants are planning to discuss issues cooperation development of the two cities. Specialists will exchange experience in such sectors as energy usage reduction in housing stock, peculiarities of engineering and building metropolitan, organization of parking and transport scheme, restoration of the historic center, implementation of modern technologies when repairing and building roads.
Belarus President on working visit in Russia
Belarus President on working visit in Sochi The President of Belarus arrived in Russia on a working visit to attend the meetings of the Council of CIS Heads of State and the Supreme Eurasian Economic Council. The agenda of the CIS summit is rich. As many as 17 issues are due to be discussed. The presidents will talk about cooperation in the Commonwealth space, improvement of the activities of the CIS Interparliamentary Assembly and its adaptation to contemporary realities. On the same day, the session of the Supreme Eurasian Economic Council will take place in Sochi. 

10.10.2017

Andrei Kobyakov: Financial improvement is foreseen for 35 agricultural organizations
Andrei Kobyakov: Financial improvement is foreseen for 35 agricultural organizations How to restore paying capacity and deal with creditors. The fate of problematic agricultural organizations was discussed in the Council of Ministers on October 10.
Electricity tariffs to go down in Belarus
Electricity tariffs to go down in Belarus Tariffs for electricity in Belarus will decrease, said Deputy Prime Minister of Belarus Vladimir Semashko at the opening of a forum dedicated to energy and ecology. In this direction, Belarus carrying out systematic work. On the one hand, the country focuses on the modernization of facilities, on the other on reducing the cost of resources.
Vladimir Makei: Belarus urges to focus on economic component of CIS
Vladimir Makei: Belarus urges to focus on economic component of CIS On October 10, foreign ministers prepared draft documents to be submitted to the heads of CIS countries for consideration. Sochi hosted a meeting of the Council of Ministers of Foreign Affairs of the CIS countries. The main topic of the talks, as expected, was the improvement of the CIS activities and the adaptation of the Commonwealth to modern realities. Also during the meeting, the humanitarian agenda was considered, or rather, interaction in the areas of youth policy, sports and tourism.
Belarus counts on France's ties with Africa exporting agricultural equipment
Belarus counts on France's ties with Africa exporting agricultural equipment Belarusian agricultural equipment will be presented in Paris on October 10. The embassy of Belarus in France invited to a meeting of representatives of 60 foreign companies that have access to the African market. Delivery of Belarusian equipment may be secured by banks, which act as financial guarantors of the transactions.
Belarusian agricultural machinery presentation due in Paris October 10
Belarusian agricultural machinery presentation due in Paris October 10 Belarusian agricultural equipment wants to "conquer" Champs Elysees. A presentation of the achievements of Belarusian engineering will take place in Paris on October 10. The decision to create a large-scale exposition was achieved by the Embassy of Belarus in France following the meeting of Ambassador Pavel Latushko with the Deputy Director of the Continental Europe Department of the French Foreign Ministry Rafael de Lagarde. 

09.10.2017

Alexander Lukashenko signs decree on craftsmanship development
Alexander Lukashenko signs decree on craftsmanship development Even less barriers in development of agroecotourism. The popular business in villages is receiving new possibilities. Now presentations, anniversaries and banquets are allowed to be held at farmsteads. Guest houses can also be built without changing the juridical status of the land. The novelties are introduced by the President’s decree. On October 9, 2017 Alexander Lukashenko signed a document which expands the list of craft activities.
Food products in Belarus are excellent, Russians say
Food products in Belarus are excellent, Russians say The taste of Belarusian milk, butter and cheese is well known in 10-million Moscow. Next week the Russian capital will host the Days of Minsk, with Belarusian fairs to be held in Moscow. Mogilev breeders have already brought their calves. Here you will also see houses for youngsters of Belarusian origin. The taste of Belarusian milk is familiar to visitors of the exhibition without tasting.

08.10.2017

Stable forecast: Standard & Poor’s agency increases Belarus’  long-term credit rating to  level B
Stable forecast: Standard & Poor’s agency increases Belarus’ long-term credit rating to level B The international agency “Standard & Poor’s” increases the long-term sovereign credit rating of Belarus to level B, and at the same time preserving the stable forecast.
Alexander Lukashenko gives indications to reconstruct local roads in Belarus
Alexander Lukashenko gives indications to reconstruct local roads in Belarus In all the times, many countries fed on their geographical position, being on the important route “from the Varangian’s to the Greeks” or on the Great Silk Way (by the way, this way, which is being revived by China, looks very promising for Belarus).

07.10.2017

President Lukashenko on quality of local roads
President Lukashenko on quality of local roads The quality of local roads must be raised to the level of republican ones. This task was set by Alexander Lukashenko on October 6 during a working visit to the Slutsk district. Today, 20,000 kilometers of the regional roadway needs to be restored and reconstructed. In April 2017 the President gave indications to analyze all the possible ways of building roads and to get acquainted with international experience in this sector.
Council of Ministers prepares amendments for decree on financial rehabilitation of Belarusian agricultural plants
Council of Ministers prepares amendments for decree on financial rehabilitation of Belarusian agricultural plants Andrei Kobyakov, Prime Minister of the Republic of Belarus: It is high time to take reasonable measures on a whole range of projects on improving agricultural plants without any harm. Additional normative ensuring is necessary.
Belarusian scientists to create  import-substituting additives for building and repairing roads
Belarusian scientists to create import-substituting additives for building and repairing roads Belarusian scientists are to create import substituting additives for building and repairing roads. The substance is imported from abroad today. The Belarusian development of modern building materials will allow saving up to 15% of the technology usage value.
Belarus’ Foreign Ministry, National Academy of Sciences sign cooperation agreement
Belarus’ Foreign Ministry, National Academy of Sciences sign cooperation agreement The mutual action plan will be developed by diplomats and scientists. On October 6, 2017 The Ministry of Foreign Affairs and the National Academy of Sciences signed a cooperation agreement. The agencies are planning to unite forces for solving such topical issues for Belarus as in trade and economic sectors, for instance. Humanitarian sector is another area of cooperation.

06.10.2017

Belarus's gold and foreign exchange reserves exceed $7.2bn
Belarus's gold and foreign exchange reserves exceed $7.2bn The gold and currency reserves of Belarus have hit the four-year maximum, exceeding 7.2 billion US dollars.  The positive dynamism is primarily due to the loan from the Russian government in the amount of $700 million, as well as receipts from export duties on oil and oil products. Over 9 months of 2017, the country's gold reserve grew by more than $2.3 billion, an increase of almost 1.5 times.
Belarus President on quality of local roads
Belarus President on quality of local roads The quality of local roads must be raised to the level of republican ones. This task was set by Alexander Lukashenko on October 6 during a working trip to the Slutsk district. Today, 20,000 kilometers of the regional roadway needs restoration and reconstruction. 7,000 will be repaired in 2018. New technologies will be used, which means that road workers need more modern machines. In this regard, the President instructed Belarusian industrial enterprises to expand the line of road construction equipment.
Belarus, Venezuela intend to significantly boost cooperation in the next 2 years
Belarus, Venezuela intend to significantly boost cooperation in the next 2 years Belarus and Venezuela intend to significantly increase cooperation in the next two years. This is the result of the negotiations held in the Palace of Independence by Alexander Lukashenko and the President of the Bolivarian Republic. The parties considered the widest range of issues of trade and economic cooperation - in the field of oil production and processing. There is an interest in building another five agro-towns along the Belarusian model.

05.10.2017

Belarus tests basalt as raw material in agriculture: yield growth recorded
Belarus tests basalt as raw material in agriculture: yield growth recorded Basalt will be used in agriculture in Belarus. A new raw material was tested by several farms and growth of productivity was marked. In addition, basalt is a raw material for the production of building materials and mineral fibers. Belarusian geologists discovered the basalt deposit for the first time. Its reserves in Pinsk district are estimated at 30 million tons. Now the geological services are focused on the detailed exploration of the deposits, after which it will probably be possible to start mining raw materials.

04.10.2017

Over 8 million tons of grain harvested in Belarus
Over 8 million tons of grain harvested in Belarus The harvest of 2017 turned out to be better than in 2016. The harvesting of grain legumes has finished completely. The last hectares of panic grass and buckwheat are still to be harvested. Despite the weather, the total harvest increased by 10% thanks to the sensible approach of the agrarians. As a whole the grain yield increased by two hundred kilograms per hectare. Belarusian agrarians have harvested eight million tons of grain in total.
Transport and Logistics Fair-2017 kicks off in Minsk
Transport and Logistics Fair-2017 kicks off in Minsk The reconstruction of large motorways Minsk-Grodno and Minsk-Mikashevichy will be finished by 2019. The second runway will be built at Minsk National Airport by that time as well. What is more, the cooperation in air between certain companies will begin earlier than that. These issues are being discussed at the Transport and Logistics Fair, which kicked off in Minsk on October 3.
Russia buys two thirds of Belarusian medications
Russia buys two thirds of Belarusian medications Russia buys to thirds of the medications Belarus exports. And that is despite the neighboring market being oversaturated. However, the distributors buy Belarusian medications, because they have price advantages and a good quality.
Brazil would like to benefit from Belorusneft technologies
Brazil would like to benefit from Belorusneft technologies Belorusneft is welcome to Brazilian market. Already in 2 years the turnover from the sales of services - seismic and drilling - to that country will be about $100 million. The increase in exports on October 4 was the main topic of the meeting of honorary consuls of Belarus with representatives of Belarusian enterprises.

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