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Economy & business

25.09.2017

BelAZ awards its best employees
BelAZ awards its best employees The export of BelAZ-the largest manufacturer of dumping trucks in the world- has nearly doubled. The year hasn’t finished yet, however, the plant has already reached the figures of the previous year. Before the Day of machine builders, the best workers of the BelAZ pant were awarded in Zhodino. The plant also had an open day, everyone who wished to could see how the plant works.
Housing and utility issues discussed at meeting with Belarus’ Premier
Housing and utility issues discussed at meeting with Belarus’ Premier How to lower the tariffs on water, save on heating and utilize rubbish? The main issues of residential and municipal maintenance were discussed on September 22, 2017 at the meeting with Belarus’ Prime Minister. There are enough of question in the housing sector. For instance, the way of saving on heating at a mini Thermal Power Plant was discussed. The facility was modernized not so long ago. As a result, the plant is now using local types of fuel- mainly chippings and wood. It helped to cut down the costs on electricity.

24.09.2017

Amkodor to branch out into nine new models in 2017
Amkodor to branch out into nine new models in 2017 By the end of 2017, the Belarusian company Amkodor, the largest manufacturer of road construction, municipal equipment and agricultural machinery in the CIS, will begin the construction of three plants. One enterprise will be built in the agrotown of Kolodishchi and two hydraulic factories will appear in Kobrin and Gomel.
Belarus’ Customs Chairman reports on customs service results
Belarus’ Customs Chairman reports on customs service results The increase of Belarus’ transit attractiveness and creation of convenient conditions for business in 2017 allowed to increase the budget contribution by nearly 250 million dollars more than in 2016.
Belarus to sell 460 tractors to Azerbaijan before 2018
Belarus to sell 460 tractors to Azerbaijan before 2018 Belarusian tractors will be sent to Azerbaijan. As many as 460 tractors will be exported there before the end of 2017. By the way, more than one thousand tractors have been exported to Azerbaijan in the nine month of the current year. A joint tractor assembling plant is working in Gyandzha. Tractors are used not only on the internal market, but are also sold to third countries. First supplies to Turkey are planned in the nearest time.

23.09.2017

Alexander Lukashenko demands to avoid unnecessary business checks
Alexander Lukashenko demands to avoid unnecessary business checks How to make the work of business more convenient? The emancipation of the business initiative was discussed on September 22, 2017 in the Palace of Independence. This time Alexander Lukashenko met with Leonid Anfimov, the chairman of the State Control Committee. The decree, prepared within the package of documents on business development, was discussed at the meeting.

22.09.2017

Customs authorities must focus on automation at the border, Belarus President says
Customs authorities must focus on automation at the border, Belarus President says The Belarusian customs performs 100% of the forecasted figures for replenishing the country's budget. In 2017, the amount of payments to the state treasury is $249 million more than in the same period in 2016. The head of the customs committee, Yuri Senko, reported about this to Alexander Lukashenko on September 22. The cited figures are now just a forecast, but it is based on the current state of economy.
More targeted inspections needed instead of planned ones, says Belarus President
No unnecessary checks of businesses, Belarus President demands It is necessary to abandon unreasonable checks of businessmen. President Alexander Lukashenko set such a task on September 22 hearing out a report of the chairman of the State Control Committee, Leonid Anfimov. The officials discussed the decree which was prepared as part of a package of documents on the development of entrepreneurship and the liberalization of business activity in Belarus.
Small-sized municipal vehicles may appear in Minsk
Small-sized municipal vehicles may appear in Minsk Small-sized municipal vehicles can appear in Minsk courtyards in the near future. The first prototype will be presented by the end of 2017. The novelty is universal and indispensable at any time of the year. Some vehicles are small enough to easily maneuver between cars and in narrow spaces. This will allow cleaning snow in yards more efficiently.
Tax advisers to appear in Belarus by 2019
Tax advisers to appear in Belarus by 2019 In 2 years, tax consultants will appear in Belarus. They will help business and tax authorities to find a common language faster.

20.09.2017

It’s not cold in winter and not hot in summer: How Belarusian builders win over Europeans
How Belarusian builders conquer European market To build a house with a window to Europe: Brestzhilstroi enterprises keep on entering new foreign markets. Brest builders are already building a house in Gdansk. A special branch was opened for this purpose in Poland. The Belarusian building giant is going to stay at the Baltic coastline for long. That’s why Belarusians are working on getting a European certificate.
State Forensic Examination Committee employees take oath September 20
State Forensic Examination Committee employees take oath September 20 New employees are in the State Forensic Examination Committee. The solemn ritual of taking the oath took place in the Museum of the Great Patriotic War on September 20, 2017. Interestingly, there are four girls among the 20 recruits. All of them took special courses, during which they visited the scenes and export reports were made. The lieutenants of justice spoke the words of loyalty to motherland and the people for the second time, the officers took the oath for the first time before the studies at universities.
Record spring rape yields in Belarus in 2017
Record spring rape yields in Belarus in 2017 The southern regions of Belarus have already coped harvesting spring rape and works in the north of the country are also nearing completion. Forecasts regarding the harvest have confirmed - this year it is record high. Press cake is a by-product, but for farms this is the main product, since it's a good animal feed. Seeds are squeezed under a press at a certain temperature. Production is automatic.
Bruzgi logistics center now uses transit-free technology of cargo registration
Bruzgi logistics center now uses transit-free technology of cargo registration The logistics center in Bruzgi was the first in Belarus to apply the transitless technology of cargo registration. The experiment at the international border crossing point has proved successful.

19.09.2017

Prospects of Belarusian automotive industry discussed in Minsk September 19
Prospects of Belarusian automotive industry discussed in Minsk September 19 Experts think that the future of Belarusian machine building is with the intellectual technologies.
Council of Ministers discusses readiness for heating season
Council of Ministers discusses readiness for heating season More than 80% of consumers have already received certificates of readiness for the autumn-winter working period, and the modernization of boiler houses must be finished in 2017. The process of getting ready for the heating season was discussed in the Council of Ministers on September 19, 2017. At the beginning of the year there were 14 boiling houses with an exceeded level of fuel and energy usage. The modernization is planned to be finished in the next few months, however, one problematic facility remains in the Mogilev region.
President Lukashenko reviews decrees on handicraft activities improvement, agroecotourism development in Belarus
President Lukashenko reviews decrees on handicraft activities improvement, agroecotourism development in Belarus President Lukashenko supported the idea to grant agroecotourism farms rights to provide additional services. On September 19, Alexander Lukashenko considered the draft decrees on improving handicraft activities and developing agroecotourism in Belarus.
Belarusian plants must reconsider distribution network management abroad
Belarusian plants must reconsider distribution network management abroad This was stated by the Prosecutor General of the Republic of Belarus on September 19, 2017. According to Alexander Konyuk, the organizations themselves do not control their partners enough, therefore external receivables have occurred, the total of which is more than half a billion dollars. The ways of solving the problem have been discussed on September 19. Workers of the Prosecutor’s Office, representatives of the Ministry of Industry and leading manufacturers of Belarus were at the negotiating table.
Belarus President: We must not lose control in economy
Belarus President: We must not lose control in economy The Belarus President supported the proposal to grant agroecotourism farms rights to provide additional services. On September 19, the head of state reviewed draft decrees aimed at improving handicraft activities and developing agroecotourism in Belarus. In addition, it is proposed to increase the role of the Council for the Development of Entrepreneurship in the regulation of economic relations.
IAEA will continue to assist Belarus in building nuclear power plant
IAEA will continue to assist Belarus in building nuclear power plant Readiness to support Belarus in NPP construction was confirmed today by the general director of the agency Yukiya Amano at a meeting with the Ambassador of Belarus to Austria Elena Kupchina and Deputy Minister of Energy of Belarus Mikhail Mikhadyuk. The conversation took place in Vienna. The 61st session of the IAEA General Conference opened in the Austrian capital yesterday. The most authoritative organization in the field of nuclear energy gathers stakeholders to consider strategic issues and hold scientific discussions. 

18.09.2017

New data center in Minsk expected to bring $2 million in profit soon
New data center in Minsk expected to bring $2 million in profit soon The largest data center in Belarus was opened in Minsk. This high-tech platform is designed for hosting servers of various companies and renting virtual resources. The complex occupies an area comparable to five football fields. Its network boasts a record speed - 1 terabit per second. Experts argue that the launch of the complex will help create an internal cloud market, export services abroad and reduce the state's expenses for the development of the IT sector.

16.09.2017

Andrei Kobyakov visits free economic zone “Minsk”
Andrei Kobyakov visits free economic zone “Minsk” The currency earnings of the plants in the free economic trade zone “Minsk” is to sum up to one billion dollars. The financial and economic indicators of the business-production platform were at the center of attention on September 15, 2017. Andrei Kobyakov got acquainted with the work of the science-intensive and high-tech residents of the free economic zone.
Belarus interested in constructive dialogue with international business community, Premier Kobyakov says
Belarus interested in constructive dialogue with international business community, Premier Kobyakov says Belarus is interested in a constructive dialogue with the international business community.
9th Belarusian-Pomeranian economic forum: joint ventures now on the cards
9th Belarusian-Pomeranian economic forum: joint ventures now on the cards Minsk Region is expanding cooperation with Pomeranian Voivodeship. A delegation from Gdańsk has been welcomed in the Minsk Regional Executive Committee for the 9th Belarusian-Pomeranian economic forum. Minsk Region has been in contact with the Polish region for a long time –  a partnership agreement was signed seven years ago. Representatives of 16 companies visited Belarus in 2017. Their purpose was to learn more about economic and investment potential of the region.

15.09.2017

Taxation and sanitary reforms in Belarus to stimulate business initiative
Tax reforms in Belarus to stimulate business climate expected by October 2017 The business in the countryside will be provided with tax preferences and the list of activities that can be led on the declarative principle will be expanded. Moreover, tax advisers will appear in Belarus.
9th Belarusian-Pomeranian economic forum: joint ventures now on the cards
9th Belarusian-Pomeranian economic forum: joint ventures now on the cards Minsk Region is expanding cooperation with Pomeranian Voivodeship. A delegation from Gdańsk has been welcomed in the Minsk Regional Executive Committee for the 9th Belarusian-Pomeranian economic forum. Minsk Region has been in contact with the Polish region for a long time – a partnership agreement was signed seven years ago. Representatives of 16 companies visited Belarus in 2017. Their purpose was to learn more about economic and investment potential of the region.
Suma Chakrabarti: EBRD to invest in Belarus 200m euros
Suma Chakrabarti: EBRD to invest in Belarus 200m euros Belarus aims to more actively cooperate with the European Bank for Reconstruction and Development. This was discussed on September 14 at the meeting of Alexander Lukashenko with the head of this financial structure Suma Chakrabarti. The President noted that Belarus and the EBRD follow a common goal and are trying to find the most effective mechanism for using state property. But there are other points of contact too.

14.09.2017

Alexander Lukashenko: No grounds for price growth in Belarus
Alexander Lukashenko: No grounds for price growth in Belarus There are no grounds for price growth in Belarus, said President Alexander Lukashenko on September 14, agreeing on the appointment of new leaders of local authorities. The Belarus President stressed that the heads of district executive committees will now have more powers, for example, during the harvesting campaign, but their responsibility also increases.
New charging stations for electric cars appearing in Belarus
New charging stations for electric cars appearing in Belarus Development prototypes of electric charging stations were created in Mogilev. Two models are already working in a test mode but they will be soon installed in the city. Today the world trend of electric cars is still an innovation for our country. There are about 200 electric vehicles in Belarus. The number of charging stations for them is even fewer. But enthusiasts are sure that this is only the beginning.
Belarus counts on EBRD support for small businesses in Belarus
Belarus counts on EBRD support for small businesses in Belarus Belarus aims to more actively cooperate with the European Bank for Reconstruction and Development. Possible projects were discussed at the meeting of Belarus President Alexander Lukashenko with the head of that financial structure Suma Chakrabarti.
Indian businessman: We chose Belarus because of geographical proximity to Europe
Indian businessman: We chose Belarus because of geographical proximity to Europe Agreements in the field of education, scientific and technical cooperation, a memorandum in petrochemicals and a protocol in agriculture. The third visit of the President of Belarus to India has turned out to be rich and very productive. Before that, Alexander Lukashenko visited that country in 1997 and 2007. Over the last 10 years it has changed a lot. It's no wonder that now is a completely new page in the history of relations. The focus will be made on investments. Here Belarus has a special approach.

13.09.2017

Belarus, China to produce engines in Great Stone Industrial Park
Belarus, China to produce engines in Great Stone Industrial Park Joint production of engines will be established by Minsk Automobile plant and a Chinese company in the Great Stone Industrial Park. The building of the plant is planned for the nearest two years. The power of it is up to 20 thousand engines per year. It will allow to satisfy the necessities of Belarusian producers of cargo, passenger, special and agricultural machinery. A document on mutual cooperation was signed at the Council of Ministers on September 13, 2017.
EU to allocate 6 million euros to support small businesses in Belarus
EU to allocate 6 million euros to support small businesses in Belarus The Ministry of Economy signed an agreement with the European Bank for Reconstruction and Development on September 13. The money will go for small businesses so they can compete with large producers, thereby increasing the contribution to the economy of the country. Some points of the program provide for the financing of job creation activities.
Belarus may sign memorandum with EBRD on improving SOE management
Belarus may sign memorandum with EBRD on improving SOE management Perfection of the system of state enterprises management is a pressing issue in Belarus. The draft document on this matter has been approved by the government. The instrument will form the basis for negotiations with the European Bank for Reconstruction and Development. The memorandum is not final: amendments will be made as necessary. The head of the European Bank for Reconstruction and Development is currently visiting Minsk.
Refinancing rate in Belarus down to 11.5% from September 13
Refinancing rate in Belarus down to 11.5% from September 13 Bank loans will become more affordable. Belarus has again reduced the refinancing rate, for the seventh time since the beginning of 2017. From September 13, this financial indicator will equal 11.5% per annum. This decision of the National Bank takes into account the positive economic trends and the stability of the Belarusian financial and credit system.
Unemployment in Belarus decreasing for 5 consecutive months
Unemployment in Belarus decreasing for 5 consecutive months The number of unemployed in Belarus has been decreasing for five consecutive months. Now their number is 29,600 people. This is less than last month, by 1,500. The number of vacancies in employment centers is also decreasing. Meanwhile, about 30,000 new jobs were created in the country in H1 of 2017. Most of them are in the Brest and Grodno regions. The unemployment rate in Belarus is 0.7% and it regularly decreases.
Customs procedure simplifications in EEU discussed in Brest
Customs procedure simplifications in EEU discussed in Brest The new Code is new business opportunities. In Brest officials discussed the customs mechanisms that will work in the Eurasian Economic Union (EEU) countries from the beginning of 2018. The Belarusian side also contributed to the new customs legislation.

12.09.2017

Indian Premier about  prospects for business, investments in Belarus
Indian Premier about prospects for business, investments in Belarus India and Belarus are to expand cooperation in oil and gas sector. A package of documents on cooperation of the two counties was signed on September 12, 2017 in New Delhi. The Belarusian Potash Company and MTZ have signed agreements as well. These are the preliminary results of Alexander Lukashenko’s visit to India. Negotiations with the President of India are ahead. The sides will discuss further development of Belarus-India relations and cooperation in the format of Eurasian integration.
 Great Stone Industrial Park to have trade unions
Great Stone Industrial Park to have trade unions The corresponding decree has been signed by the President. Primarily, such a document is necessary to protect the social and economic rights of the employees. The Great Stone Industrial Park is developing; as many as 34 companies are there. It is planned that a whole city with a residential area and industrial zone will appear on the 205 square kilometers in the future. The new document supplements the decree on the activities of political parties and trade unions and comes into force from the moment of signing.
Belarus and India could cooperate in healthcare and medical tourism, Vice Premier of India says
Belarus and India could cooperate in healthcare and medical tourism, Vice Premier of India says Belarus intends to contribute to the development of India. At the meeting with the Vice-President of India, Belarusian leader Alexander Lukashenko expressed his desire to switch to economic specifics in the Belarusian-Indian relations.

11.09.2017

India to cooperate with Orsha Linen Mill
India to cooperate with Orsha Linen Mill Before the arrival of President Lukashenko in India, a grand Belarusian-Indian business forum is being held in New Delhi. Memorandums, agreements and contracts worth dozens of millions of dollars have been signed. 10 agreements signed during Belarusian-Indian business forum
Valery Malashko about Belarus-India cooperation in pharmaceutic sector
Valery Malashko about Belarus-India cooperation in pharmaceutic sector Cooperation in the pharmaceutic sector was discussed at the Belarusian-Indian forum in New Delhi. It will allow decreasing the price on some medication on the Belarusian market. Joint pharmaceutic production lines are planned to be established in Belarus this year. During the main part of the forum as many as 10 agreements were signed between Belarus and India.
Belarus to export first combine harvester trial models to India in September
Belarus to export first combine harvester trial models to India in September Memorandums, agreements and contracts worth dozens of millions of dollars, establishment of joint production plants of dumping trucks, cargo vehicles and tractors are in the prospect. The Belarusian-Indian business forum is being held in New Delhi on September 11, 2017. The forum gathered representatives of dozens of companies.
10 agreements signed during Belarusian-Indian business forum
10 agreements signed during Belarusian-Indian business forum The Government of Belarus promises support for joint projects with India. During the main part of the business forum, the partners concluded 10 agreements: in healthcare, tourism, agriculture, and mining. In 2016, the bilateral trade amounted to about $400 million. This is far from the figure that countries count on, since the potential is much greater. Now the parties are working to achieve a turnover of $1 billion in the near future.
Ambassador on Belarus-India economic cooperation
Ambassador on Belarus-India economic cooperation Heart-touching melodramas, fragrant tea with an image of the elephant and medicines of the highest quality. These are the first things that come to mind when talking about India. Today, this is a huge and growing economy. The Belarusian-Indian relations will top news headlines these days as the Belarus President is visiting India on September 11-12. In New Delhi, the President of Belarus will have an extensive negotiating program and meetings, including at the highest level.
Belarusian-Indian business forum to kick off in New Delhi
Belarusian-Indian business forum to kick off in New Delhi Belarus and India are striving for a $1 billion trade turnover. The results of trade have not yet reached this bar - it is likely that the visit of the Belarusian head of state on September 11-12 will become an impetus. Olga Yurut, Stolichnoe Televidenie reporter:By the evening of September 11, New Delhi is expecting board number one from Minsk. Alexander Lukashenko will have a busy schedule, but the business forum is already setting the economic tone to the political dialogue. It has already begun.

10.09.2017

Belarus Prime Minister visits BelAZ plant September 8
Belarus Prime Minister visits BelAZ plant September 8 According to the results of 2017, BelAZ intends to double its export. Only in the last eight months the plant produced tice more of dumping trucks if to compare with the previous year.

09.09.2017

Alexander Lukashenko meets with Tabak Invest  board chairman
Alexander Lukashenko meets with Tabak Invest board chairman Business in villages can and must be developed. The realization of the project was discussed on September 8, 21017 in the Palace of Independence, where Alexander Lukashenko held a meeting with the Chairman of the Board of Tabak Invest Pavel Topuzidis. The program is being realized for two years now, the search for inefficiently used building continues. Platforms in Novopolotsk have been involved already. It is planned that the town will become a logistic center for supplying the trade units of the entire district.

07.09.2017

Automated registration system launched at Kotlovka checkpoint
Automated registration system launched at Kotlovka checkpoint Simplified border crossing, but at the same time a reliable barrier to smuggling. This is what the cutting-edge technologies and modern means of inspection bring Belarusian border guards. These systems are now being installed at a number of checkpoints in Belarus. On September 7, an automated system for registration of citizens, goods and transport will begin operation at the Kotlovka checkpoint.

06.09.2017

Grodno Region begins sugar beet harvesting campaign
Grodno Region begins sugar beet harvesting campaign Sugar beet harvesting campaign has begun in Belarus. The traditional leader in growing this crop is the Grodno region. Agrarians of the region plan to harvest about two million tons of it there. The crop yield in 2017 is 515 hundred kilograms per hectare, which is higher than in 2016. According to the preliminary estimation, the level of sugar in the roots is a lot stronger. Plants have begun accepting the new harvest from September 1, 2017. Sweet roots are the most profitable crops.
Belarus to create vegetable and fruit stabilization fund
Belarus to create vegetable and fruit stabilization fund Belarus has started harvesting vegetables. Most will go on sale, and something will remain in vegetable storage warehouses until next summer. Thus, a stabilization fund is being created. In recent years, dozens of new vegetable stores have been built in Belarus. Thanks to this, Belarusians can eat domestic products from fields until new crops. Harvesting of vegetables in the Kirawsk district began with beets. It traditionally ripens earlier.
Belarusian banks to additionally allocate BYN 500m for housing with state support
Belarusian banks to additionally allocate $250m for housing with state support The number of square meters for Belarusians who qualify for state support during housing construction will increase by one third in 2017. Preferential lending for such construction will be the business of all banks. On the one hand, this will create favorable conditions for the development of competition, on the other, banks will benefit from participating in a financial mechanism with state guarantees.
Chinese medical equipment company to develop Belarusian laser technology
Chinese medical equipment company to develop Belarusian laser technology A Belarusian innovation will be exported: a Chinese company for the production of medical equipment has adopted a development of Belarusian scientists. We are talking about a Belarusian laser technology for a device which is used in cosmetology. It is designed to remove scars. Currently, these devices are very much in demand, including in Europe and the United States.

05.09.2017

Sugar beet harvesting campaign begins in Belarus
Sugar beet harvesting campaign begins in Belarus Sugar beet harvesting campaign has begun in Belarus. The traditional leader in growing this crop is the Grodno region. Agrarians of the region plan to harvest about two million tons of it there. The crop yield in 2017 is 515 hundred kilograms per hectare, which is higher than in 2016. According to the preliminary estimation, the level of sugar in the roots is a lot stronger. Plants have begun accepting the new harvest from September 1, 2017. Sweet roots are the most profitable crops.
Belarus President warns against negligence during harvesting
Belarus President warns against negligence during harvesting Meeting with security officials the Belarus President touched upon a number of issues. In particular, he commented on the fulfillment of his instructions such as monitoring the harvesting campaign.
Belarusian enterprises now export flax fabrics to Korea Republic
Belarusian enterprises now export flax fabrics to Korea Republic Belarusian enterprises began exporting flax fabrics to the Republic of Korea. Three large batches have already been sent there. Demand for clothing, tablecloths, bed linen from "northern silk" is constantly growing in the countries of "far abroad".  In 2017 alone, the Belarusian brand has gained recognition in Chile, and soon Belarusian flax will be sold in India: negotiations for supplies to that Asian country are at the final stage.  Promising areas for exports are also Latin America, the USA and Canada.

04.09.2017

Belarusian agrarians plan to harvest 10 million tons of grain
Belarusian agrarians plan to harvest 10 million tons of grain As many as 10 million tons of grain! This is the total weight of Belarusian bread which is expected in 2017. The interim results of the harvesting campaign have been reported to the President on August 31. A good harvest guarantees food security for Belarus. The President was interested in other agricultural works and the development of the agricultural complex as a whole. Evgeny Parfenov is in the field for the second month. He harvested every forth ton of grain, then he helped his neighbors. When sweetcorn got ripe, he changed the combine harvester.

02.09.2017

Belarus Premier inspects construction works of milk production complexes  in Brest Region
Belarus Premier inspects construction works of milk production complexes in Brest Region Financial solutions and technological schemes. The fulfilment of the indications given by the President on building milk production complexes in the Brest region has been inspected by Belarus’ Premier on September 1. Not only the fulfilment of plans was discussed, but saving money was as well. The sooner the projects are realized, the quicker it will be possible to get profit out of them.

01.09.2017

Reliable, safe and durable: What should Belarusian electric car be like?
Reliable, safe and durable: What should Belarusian electric car be like? On September 1, the Belarus head of state personally congratulated everyone who studies and works at the Minsk State Automotive College on Day of Knowledge. Alexander Lukashenko at Minsk Automotive College: We need not just workers, we need masters
Turkey and Montenegro may start buying BelAZ dump trucks
Turkey and Montenegro may start buying BelAZ dump trucks Turkey and Montenegro may start buying BelAZ dump trucks. The question of first BelAZ deliveries to these countries is now being worked out. Over the last five years alone, the Belarusian heavy trucks have conquered the markets of Angola, Zimbabwe, India, Indonesia, Jordan, Morocco, Romania, and Czechia.  According to forecasts, in 2017, the export of Belarusian giant vehicles will amount to more than $700 million (almost 2 times more than in 2016).  Now most of the produced dump trucks are exported to Russia.
Expert on why electric cars are economical
Belarus to branch out into own electric cars, sees Tesla as role model The production of an electric car should be the next step in Belarusian machine-building industry. On August 31, the Belarus head of state put such a task before scientists and the Industry Ministry. Last week, Belarusian developers demonstrated a prototype of the Belarusian electric car. The President noted that he had personally tested it. But this is only the beginning of the road. MORE: First Belarusian electric car presented in Minsk

31.08.2017

Belarus President test-drives Tesla: Here's what he said
Belarus President test-drives Tesla: Here's what he said The production of an electric car should be the next step in Belarusian machine-building industry. On August 31, the Belarus head of state put such a task before scientists and the Industry Ministry.
President Lukashenko: Belarus two projects away from becoming world's leading potash producer
President Lukashenko: Belarus two projects away from becoming world's leading potash producer Belarus intends to become a world leader in the production of potash fertilizers, said President Alexander Lukashenko on August 31 at a meeting with Mikhail Gutseriev, Russian businessman and chairman of the Slavkali board of directors. Today, Belarus accounts for one seventh of the world export of potash fertilizers.

30.08.2017

Minsk region grows organic vegetables using worms worth 1 euro each
Minsk region grows organic vegetables using worms worth 1 euro each The UN project on the development of organic farming was implemented in the Smolevichi district, Minsk region. It is being implemented in the garden of the Drachkovo secondary school. Thanks to a special grant, greenhouses, containers for organic fertilizers and seeds were purchased. During the last year local farmers have been mastering the technology of growing agricultural products without chemicals. Eco-friendly vegetables grew on 6 hectares.
Economic growth in Belarus is now highest since 2010-2011
Economic growth in Belarus is now highest since 2010-2011 Inflation in Belarus is 7% and GDP growth is at 103.4%. On August 29 in the Council of Ministers discussed the forecasts of socio-economic development and the direction of monetary policy. The document, which defines the future actions until 2020, is almost done and will soon be proposed for consideration by the Belarus President. In general, according to the draft, a non-deficit balance of payments was formed, without resorting to extraordinary financing.
Belarusian electric buses may appear in St. Petersburg, Moscow and Yekaterinburg
Belarusian electric buses may appear in St. Petersburg, Moscow and Yekaterinburg Belarus will expand the supply of electric buses to Russia. The Belarus-made urban machinery may appear in St. Petersburg, Moscow and Yekaterinburg. In the Russian capital, the electric bus has already undergone the necessary tests.

29.08.2017

Belarus-Sudan cooperation sees new prospects in machinery assembling, agriculture and mutual trade
Belarus-Sudan cooperation sees new prospects in machinery assembling, agriculture and mutual trade New prospects for Belarus and Sudan. The President met with the parliamentary delegation of this country. The chairman of the Sudanese National Assembly, influential businessmen and key minister are in the delegation. Prospective projects- assembling plants of Belarusian agricultural equipment in Africa, agriculture and mutual trade. Belarus is aiming at their successful realization. The new impulse to cooperation was given by Alexander Lukashenko’s visit to Khartum at the beginninh of 2017.
Development Bank ready to attract $60 million for support of small and medium businesses in Belarus
Development Bank ready to attract $60 million for support of small and medium businesses in Belarus The Development Bank is ready to attract 60 million dollars for the support of small and medium business in Belarus. The loan is planned to be taken from the International Bank for Reconstruction and Development.

28.08.2017

Belarus, Egypt to continue economy cooperation development
Belarus, Egypt to continue economy cooperation development The President of Egypt is planning to visit Belarus. It became known following the results of the negotiations in Minsk. Alexander Lukashenko met with the Foreign Minister of Egypt on August 28. Egypt is the largest economy of Africa, which is closely connected with the EU, the USA and Asia. The new market opens up new perspectives for Belarusian manufacturers. Issues of mutual interest were discussed in Mink today.
Sudan Petroleum and Gas Minister arrives in Belarus for cooperation negotiations
Sudan Petroleum and Gas Minister arrives in Belarus for cooperation negotiations Alexander Lukashenko visited not only Egypt but Sudan as well in January 2017; a range of agreements was reached then. On August 28, 2017 Minsk and Khartum compared the views on agricultural cooperation. The Petroleum and Gas Minister of Sudan arrived in Belarus for discussion of specific projects. Machinery, technology and food supplies purchase will be negotiated.

27.08.2017

Belarusian agrarians have 5% of fields to harvest left
Belarusian agrarians have 5% of fields to harvest left Belarusian agrarians are approaching the finishing line. Slightly more than 5% of the fields are left to be harvested. This includes the fields of farmers and private plots of land. The weather forecast promises to be good in the nearest days, which will certainly help agrarians to finish the harvesting campaign. What is more, some of the regions are to hold regional Dozhinki (harvest festival) this weekend.

26.08.2017

Andrei Kobyakov esteems Belarus’ industrial modernization
Andrei Kobyakov esteems Belarus’ industrial modernization The modernization of industrial plants in Belarus must prove its efficiency. This was stated by Belarus’ Premier, Andrei Kobyakov, when summing up the results of his working visit to the Mogilev region. The Prime Minister visited a range of large plants of the region.

25.08.2017

Belorusneft opens official representative office in India
Belorusneft opens official representative office in India Belorusneft has opened the official representative office in India. The headquarters will be located in the Assam state - this is the eastern part of the republic. This step is aimed at strengthening cooperation with one of the largest players in the Indian oil market. The joint project consists of 12 stages and the most important is the development of the oldest deposit of oil in the world. For the Belarusian side, this is a prestigious project with good financial results.
Record high rapeseed harvest in Belarus in 2017
Record high rapeseed harvest in Belarus in 2017 A record high harvest of rapeseed has been cropped in Belarus: 620,000 tons of culture, which is three times more than in 2016. The figure is record high as compared to recent harvests in Belarus. Moreover, rapeseed products are in great demand both domestically and in foreign markets. At the same time, vegetable oils of Belarusian origin are not inferior in quality to world analogues. The rapeseed processing plant in Gorodeya exports products to Russia, Norway, Denmark, the UK, the Baltic countries and the CIS.

24.08.2017

Consumer lending in Belarus up by almost a third in H1 2017
Consumer lending in Belarus up by almost a third in H1 2017 People have begun to take loans more often. This was facilitated by a repeated decrease in the refinancing rate and a stable economic situation in Belarus.  In addition, banks are refinancing previously issued loans. This is another moving factor in the market. Moreover, seasonality it yet another reason - many Belarusians take a loan for housing repairs.

23.08.2017

One third of fields left to be harvested in Vitebsk region
One third of fields left to be harvested in Vitebsk region The orange level of danger has been announced in Belarus for August 23. Heavy rains and strong winds up to 22 meters per second is a discouraging forecast for the agrarians. The harvesting campaign has practically finished in Belarus; however, the north of the country (the Vitebsk region) is waiting for every fine day.
First Belarusian electric car presented in Minsk
First Belarusian electric car presented in Minsk Dynamic and with good acceleration: the first Belarusian electric car was presented on August 22. It can cover up to 150 kilometers without recharging. Economical and eco-friendly - so far this is only a sample. In general, however, the car is ready for travel. True, not for the long distances. Four hours of charging is about 100 kilometers. By the way, you can charge the car even at home using a usual outlet.
Salaries, prices, food security, housing construction: what topics were discussed at the meeting with President
Salaries, prices, food security, housing construction: what topics were discussed at the meeting with President Prices, salaries, employment, export, food security, housing construction and even the issue of super-combines - these and other topics were discussed on August 22 in the Palace of Independence at a meeting of the Belarus President with the government. The President and the government spoke about key positions: implementation of annual forecasts, control over pricing and labor market issues. The economy has grown, and six of the seven main indicators were met. By the end of 2017, the planned growth of people's real incomes should be exceeded.

22.08.2017

Belarus' economy on the rise, salaries may increase, PM says
Belarus' economy on the rise, salaries may increase, PM says The economy has grown, and six of the seven key indicators are met. By the end of 2017, the planned growth of real incomes of the population should be exceeded. The Belarusian President discussed the socio-economic results of H1 with the government. The government's financial report is still ahead.
President Lukashenko holds meeting with officials of Belarus’ economic block
President Lukashenko holds meeting with officials of Belarus’ economic block As many as six out of seven key indications have been fulfilled. By the end of the year the growth of real peoples’ income must be exceeded. The President held a meeting with the directors of the economic block of Belarus.
Alexander Lukashenko about modernization of milk production complexes by end of 2018
Alexander Lukashenko about modernization of milk production complexes by end of 2018 Alexander Lukashenko held a meeting with the directors of the economic block of Belarus. The social and economic results of the first half of 2017 have been summed up in the Independence Palace on August 22. Belarus is going through an important period for food security – the harvesting campaign. The President demanded to avoid slurs and sarcasm. The Building of storages for cattle feed and milk production complexes were among the subjects of discussion during the meeting.
Belarusian agrarians plan to harvest 8 million tons of grain
Belarusian agrarians plan to harvest 8 million tons of grain Belarusian agrarians are planning to harvest over 8 million tons of grain in 2017. What is more, it will be 800 thousand tons more than in the previous year. Meanwhile, there are few fields left to clear. The Gomel and the Brest regions have announced about the end of the harvesting campaign. Vitebsk region, which started the harvesting campaign later than the other regions, has harvested 60% of the fields. Extra machinery is planned to be sent to the region for help.
Harvesting campaign 2017 comes to end
Harvesting campaign 2017 coming to end About 90% of the fields have been cleared in Belarus. The total amount of grain harvested today is 7 million tons. The Gomel and the Brest regions have announced about the end of the harvesting campaign. Other regions have few hectares left. The situation is more difficult with the northern region.
Belarusian seismologists sign major contracts with Ukrainian companies
Belarusian seismologists sign major contracts with Ukrainian companies By the end of this week Belorusneft will move its equipment and personnel to the Poltava region of Ukraine, where gas exploration is planned. The volume of seismic data acquisition works by the Belorusneft company will reach a record value in 2017. Search for new oil fields is planned over an area of ​​about 300km2. This is the highest figure over the past 10 years.

21.08.2017

Belarusian agrarians harvest 7 million tons of grain
Belarusian agrarians harvest 7 million tons of grain The Brest and the Gomel regions have finished the harvesting campaign. The agrarians of the southern regions met the deadline. All in all, nearly 7 million tons of grain have been harvested in Belarus. Only 10% of the fields are left to be cleared. Agrarians harvested a bit less than 36 hundred kilograms from one hectare in average. The Grodno region is the leader of the campaign in the crop yield. The Minsk region is the leader in grain yield. As many as 1 million and 700 thousand tons have been harvested here.
Vitebsk region plans to harvest 1 million tons of grain
Vitebsk region plans to harvest 1 million tons of grain More than 6.5 million tons of grain have been harvested in Belarus. The harvesting campaign is coming to an end - the southern regions are on the finishing line. Most work is left in the Vitebsk region. Nevertheless, the agrarians of this region are doing quite well. The have harvested over 600 thousand tons of grain, where the grain yield is 32 hundred kilograms per hectare. The agricultural plant “Belaya Lipa” in the Senno district can be referred to as statistically average in the region. One third of the fields are still to be cleared there.
The future of Belarus' IT
AIMatter founders on the future of Belarus' IT Applications of Belarusian programmers are getting more and more popular. May love selfies but now you can change the background if you like. And here's another opportunity: you can change your hair color. Mobile applications have turned Belarusian IT entrepreneurs into dollar millionaires. American giant Google bought a Belarusian company this week. This is a historic deal. Such a major success in the field of information technology for Belarus (when a foreign corporation acquires the whole company) is the precedent.
Belarusian food stand opens in supermarket in Chinese Hubei
Belarusian food stand opens in supermarket in Chinese Hubei Economic Belt of the Silk Road in action. On August 18 a Belarusian food stand opened in China's Wuhan, in one of the largest supermarkets of the city. The stand in Hubei Province features Belarusian dairy, juices, and chocolate. Taking part in the opening ceremony was Ambassador Extraordinary and Plenipotentiary of Belarus to China Kiryl Rudy.

20.08.2017

Belarus’ flax-growing industry to be modernized
Belarus’ flax-growing industry to be modernized The earning capacity is not worse than the oil manufacturing industry. Alexander Lukashenko gave indications to increase the efficiency of the flax-growing industry.
Nearly 90% of fields harvested in Belarus
Nearly 90% of fields harvested in Belarus Nearly 90% of the fields have been harvested – the harvesting campaign is coming to the final straight. The weight of the total grain harvested exceeds 6.5 million tons. By the way, the harvest of the current year weighs 200 tons more than the harvest of 2016. There are four regions, which have overcome the one million ton milestone. The Mogilev region joined the leaders. Agrarians of the Gomel region are approaching the desirable margin.
Alexander Lukashenko demonstrates how to harvest flax manually
Alexander Lukashenko demonstrates how to harvest flax manually During his working visit to the farm “Ustie” of the National Academy in the Orsha district, Alexander Lukashenko said that flax cultivating must enter a new level of cost efficiency. The technologies of cultivating flax at the farm are under special control. It is a real example that manufacturers must follow. If the technologies are followed, this crop shows results at the level of European countries. Nevertheless, there are problems in this sector.

19.08.2017

Belarusian agrarians harvest over 6.5 million tons of grain
Belarusian agrarians harvest over 6.5 million tons of grain The harvesting campaign is coming to its end; the agrarians from the southern regions of Belarus are on the finish line. The Vitebsk region has the most work to do. As many as 600 thousand tons of grain have been harvested here. The leader of the 2017 harvesting campaign is the Minsk region, the Grodno region is the leader in the crop yield. In average 36 hundred kilograms per hectare are harvested in Belarus, this region harvests 8 hundred kilograms per hectare of grain.
Alexander Lukashenko shares childhood memories during working visit
Alexander Lukashenko shares childhood memories during working visit On August 18, 2017 Alexander Lukashenko visited farms of the Shklov and Orsha districts. The harvesting campaign is under personal control of the President. This visit was nothing like the previous ones. Alexander Lukashenko was met in the field where he used to work being a child.
President Lukashenko about flax cultivating technology compliance
President Lukashenko about flax cultivating technology compliance Flax must become a lucrative crop. This certainty was expressed by Alexander Lukashenko on August 19, 2017. The working visit of the President to the regions is continuing. Alexander Lukashenko visited a plant specializing on cultivating flax and seed harvesting in the Orsha district. The best experience of cultivating this tradition Belarusian crop is used here. We have a future, and what is more, the President is sure that technology compliance will make flax a lucrative crop for Belarus.
President Lukashenko demands not to slow down pace of harvesting campaign 2017
President Lukashenko demands not to slow down pace of harvesting campaign 2017 The President is demanding not to slow down the pace of the harvesting campaign. Such an indication was given by Alexander Lukashenko on August 18, 2017 whilst visiting the farms of the Shklov and Orsha districts. The head of state arrived to a wheat field on a quad bike. These areas were not chosen by chance for visiting.

18.08.2017

Belarus President inspects harvesting campaign on quad bike
Belarus President inspects harvesting campaign on quad bike The Belarus President demands not to slow down the pace of the harvesting campaign. Alexander Lukashenko gave this instruction on August 18 as he visited farms in the Shklov and Orsha districts. The head of state arrived on a wheat field on a quad bike.
Belarus moving to market pricing in public utilities sector
Belarus moving to market pricing in public utilities sector Tariffs for housing and communal services in Belarus will be indexed in September and in December. On August 17, such information was announced in the Council of the Republic which discussed the development of housing and communal services.
Five Belarusian enterprises to partake in Food Expo 2017 in Hong Kong
Five Belarusian enterprises to partake in Food Expo 2017 in Hong Kong Belarusian food products will be presented in Hong Kong. On August 18, China opens the international food exhibition Food Expo 2017, which will bring together almost 2,000 participants from 25 countries. Belarus will be represented by 5 enterprises. The forum guests will get acquainted with Belarusian confectionery products, chocolate, biscuits, marshmallows and drinks. Food Expo 2017 is one of the largest food exhibitions in China.

17.08.2017

Kobyakov: Belarus ready to offer Sverdlovsk construction equipment
Kobyakov: Belarus ready to offer Sverdlovsk construction equipment Belarus counts on expanding industrial cooperation with the Sverdlovsk region, said the Belarus Prime Minister at a meeting with the acting governor of this region of Russia. Andrei Kobyakov and Evgeny Kuyvashev discussed bilateral cooperation. The basic directions are trade, housing and communal services, science and education. Belarus is ready to use Russian launch systems in engineering. In turn, Minsk offers advanced technologies for the production and processing of agricultural products, as well as machinery for agriculture.
Belarus to present products at Middle East's oldest international exhibition in Damascus
Belarus to take part in Damascus International Fair Belarusian enterprises will take part in the oldest Middle Eastern international exhibition. The large forum starts today in Damascus. Belarus' stand presents products of five exporters: agricultural and urban technologies, medical equipment, and furniture. Companies from about 50 countries are partaking in the expo. The Damascus International Fair is the leading event in the economic calendar of Syria. 

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