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Economy & business

01.07.2015

Belarus' Economy Ministry predicts economic improvement in Q3 2015
Belarus' Economy Ministry predicts economic improvement in Q3 2015 The Ministry of Economy of Belarus predicts economic improvement in the third quarter of 2015.  According to the ministry, despite the difficulties that have arisen due to external circumstances, they will be able to maintain the GDP level. One of the main tasks will be decline in inflation. The money machine will not be turned on for the sake of improving people's welfare at the cost of inflation rise.

30.06.2015

Deputy Premier: Belarus' social security system up and running
Deputy Premier: Belarus' social security system up and running The government has provided the stable functioning of social services. This was announced on June 30 by Deputy Prime Minister of Belarus Natalia Kachanova. In particular, she stated that the state fully complies with all its social obligations: payment of pensions, allowances, stipends and salaries to state employees. Belarus earlier adopted a program of targeted social assistance. Over the past three months, about 70 thousand people have received it. In August and November, the minimum social pensions will increase. 
Brazil delegation on working visit to Minsk Region
Brazil delegation on working visit to Minsk Region Minsk Region and the Brazilian state of Goias are expanding economic and trade cooperation. The parties signed a document that will strengthen the agreements reached earlier.  The delegation includes Vice-Governor of the state as well as representatives of business, industry and logistics center.
National Bank to regulate formation and functioning of financial market
National Bank to regulate formation and functioning of financial market The World Bank will assist Belarus in reforming the financial sector. WB representatives met with Belarusian colleagues June 26 to discuss the issues of integrated financial sector supervision. The National Bank of Belarus will acquire the status of a mega-regulator. A project to expand its functions is already at an advanced stage.
Belarusian online retailers obliged to accept bank cards This requirement is contained in the Council of Ministers resolution. Thanks to the document, at the end of the year, customers will be able to pay for goods not only remotely, but also present the card to the courier. Another way is the Single Settlement and Information Space (ERIP). In addition, all online retailers will be required to provide information about payment methods on the main page of the site.

29.06.2015

EU preparing new ecologic support program for Eastern Partnership nations
EU preparing new ecologic support program for Eastern Partnership nations The European Union is preparing a new support program of Eastern Partnership in the environmental field. This was announced on June 29 in Minsk during the dialogue the heads of environmental agencies of the member-states of the European initiative. The assistance will depend on the specific needs of each nation and can be both technical and financial. In general, the EU and Eastern Partnership reaffirmed their intention to further develop cooperation in the field of environmental protection.
Dmitry Pobyarzhin, KBG press secretary
Belarus' KGB reveals the country's biggest criminal group in the field of electronic payments $3 million of illegal income. The Belarusian KGB revealed the country's largest criminal group that was involved in international electronic payments. The criminals were well disguised. They used the channels of encrypted communication, a complex scheme consisting of electronic payment system wallets, SIM cards of Belarusian and Russian operators registered on false people, including foreigners. As a result, the illegal turnover of funds amounted to over 54 billion rubles.
Belarus to provide humanitarian assistance to Nepal Belarus will provide humanitarian assistance to Nepal, reads the resolution of the Belarusian Council of Ministers, published on the National Legal Internet Portal.  Belarus will send to the affected regions a cargo worth more than three billion rubles. The victims of the earthquake will get tents, blankets, clothes, personal hygiene means and food.
Brazilian businessmen from Goias State on visit in Belarus
Brazilian businessmen from Goias State on visit in Belarus Brazilian businessmen are on a visit to Belarus. The delegation of business circles has come from the state of Goias. The foreign guests are planning to get familiar with the potential of the Minsk region.  They will visit a number of industrial enterprises, hold talks with the leadership of the Minsk region and with representatives of the central government bodies and corporations.

28.06.2015

Belarus ready to supply rescue equipment to Vietnam Belarus and Vietnam have good prospects for cooperation in the field of disaster management. This opinion was expressed on June 26 by the head of government of Belarus Andrei Kobyakov at a meeting with Minister of Public Security of Vietnam Tran Dai Quang. Belarus is ready to organize the deliveries of equipment for rescue units of Vietnam.  The sides discussed economic cooperation and joint projects in agriculture, food production engineering, pharmaceuticals and nanotechnology. 

25.06.2015

Belaruskali to channel about $350 million in modernization in 2015
Belaruskali to channel about $350 million in modernization in 2015 Belaruskali will allocate approximately $350 million in 2015 for modernization of production facilities.  This will primarily to help increase the capacity needed to produce the granular product. Within two years, the company plans to bring the output of fertilizers to 80%. Belaruskali is considering the possibility of supplying the granulated product to India. In recent years, modernization has allowed to reduce the depreciation of fixed assets. 
New nitrogen complex to appear at Grodno chemical enterprise A new nitrogen complex in the near future will appear at the chemical plant Grodno Azot. Today, on June 25, the enterprise was visited by Prime Minister of Belarus Andrei Kobyakov. Further operation of existing facilities will lead to an increase in costs and increase in the cost of the final product. This means loss of competitiveness in the global and domestic market. In fact, the investment project - the construction of this new plant - is estimated at one billion dollars.
Sergei Dubkov, deputy chairman of the National Bank of the Republic of Belarus
National Bank of Belarus wants to become regional leader Confidence in the banking system in Belarus is growing. This is evidenced by the credit portfolio, which increases from year to year.   The general level of financial literacy is increasing too. This is stated by Belarusian analysts and representatives of the international organization "Alliance for Financial Inclusion."
Expo 2015 in Milan
EXPO 2015 in Milan: Day of Economy of Belarus June 25 The day of Belarusian economy was held today, 25 June, at the World Exhibition EXPO 2015.  The main emphasis was on investment opportunities and prospects of Belarus through membership in the Eurasian Economic Union. On June 25, the Belarusian exhibition booth was surrounded by tourists and businessmen.
EXPO 2015 in Milan: 80,000 guests visit Belarusian pavilion in 2 months
EXPO 2015 in Milan: 80,000 guests visit Belarusian pavilion in 2 months EXPO 2015 in Milan. The Belarusian pavilion was visited by 80,000 guests in two months. Taking part in the review of the achievements of the world economy are almost all states. Belarus is one of the 50 countries that opened its own pavilion. Igor Pozniak, CTV:This is not a carnival in Rio, not the Olympics in Sochi, and not even a hockey championship in Minsk. This is Expo in Milan: Europe, Asia, Africa, America - the entire planet on a palm. No borders and no hotspots. In general this is the ideal future.

24.06.2015

Belarus, Russia to create high-resolution Earth remote sensing satellite
Belarus, Russia to create high-resolution Earth remote sensing satellite Belarus and Russia have joined forces in creating a new space satellite. It is planned that the satellite for the remote sensing of Earth will be created in the next 2-3 years, said  chairman of the Presidium of the National Academy of Sciences of Belarus at a meeting with the head of Russian Space Agency Roscosmos on June 23.  The new satellite will replace the existing Belarusian spacecraft. It is expected that technically it will be much better than its predecessor. 
Government urges Belarusian companies to more actively adapt to market conditions
Government urges Belarusian companies to more actively adapt to market conditions Import substitution is a guarantee of economic security of the country, so quality domestic products and successful businesses are always given green light in Belarus. The government discussed on June 23 the effectiveness of measures on import substitution. Import substitution started in Belarus about 7 years ago. Investments were directed to production - mainly to industry and agriculture. Not everything went smoothly, but there were also successes. 

23.06.2015

Zimbabwe wants to engage in joint economic projects with Belarus Leaders of Zimbabwe are interested in the development of a comprehensive partnership with Belarus, and are ready to provide state support for joint economic projects. This was stated by representatives of the country in the negotiations with the Belarusian delegation that visited Zimbabwe on June 18-21.
Belarus to increase supplies of mining equipment to Indonesia
Belarus to increase supplies of mining equipment to Indonesia Belarus and Indonesia agreed on the increasing of supplies of goods at the meeting of the intergovernmental joint commission on cooperation. The parties also discussed the possibility of supply of Belarusian passenger transport to the capital of Indonesia, the increase in exports of potash and military-technical cooperation. The countries plan to bring the trade turnover between the countries up to a billion dollars.
Alexander Lukashenko to Serbian investors: Minsk World complex will be a historic project
Alexander Lukashenko to Serbian investors: The Minsk World complex will be a historic project The construction of the complex "Minsk-World" will be a historic project. This was stated by Alexander Lukashenko on June 22 at a meeting with Serbian investors.  Initially, plans were made to create the complex "Minsk-City" at the airport Minsk-1. However, a Russian investor built only a few houses.  Now a large Serbian company will deal with the project. The project's essence has changed: "Minsk-World" will now be not just be a "city within a city" but an international financial center. 
Special Representative of the Afghan President arrives in Minsk
Special Representative of the Afghan President arrives in Minsk with batch of business proposals Belarus would like to develop trade and economic cooperation with Afghanistan. Alexander Lukashenko said this at a meeting with the special representative of Afghanistan's President on cooperation with the CIS countries.  The parties expect that the talks will be a prelude to a series of specific movements steps towards each other. This was agreed during a recent telephone conversation between the two heads of state. Alexander Lukashenko on June 22 said that Belarus respects Afghanistan's efforts against the global terrorist movement.

21.06.2015

Alexander Lukashenko: Every company should react flexibly to the situation on foreign markets
Alexander Lukashenko: Every company should react flexibly to the situation on foreign markets Every company should react flexibly to the situation on foreign markets, said Alexander Lukashenko at the June 19 meeting to review the operation of the major Belarusian engineering companies. The decline in demand from key partners has a negative impact on the situation of our businesses.  The President noted that under these conditions, issues of quality, competent managers and the diversification of sales come to the fore.

18.06.2015

Belarus to France to build second runway at National Airport Minsk
Belarus may ask France to build second runway at National Airport Minsk The prospect of France's participation in the financing and construction of a second runway at National Airport Minsk will be one of the points on the agenda of the meeting between Deputy Minister of Transport and Communications of Belarus Evgeny Rogachev and Secretary of State for Transport, Sea and Fishing of the Ministry of Ecology, Sustainable Development and Energy of France Alain Vidalies.
Alexander Lukashenko demands effective solutions in woodworking industry Alexander Lukashenko demands effective solutions in woodworking industry. The branch is being constantly monitored. On June 18, the President held a meeting on the development of wood-processing enterprises. Besides the government, it was attended by the heads of factories and the top managers of banks.   A massive update of the woodworking complex is coming to and end. The upgrade cost Belarus more than $1 billion. But today, companies have to work on the background of sagging markets. Many plants are underutilized.

17.06.2015

Olga Lugovskaya, Head of the Department of Nuclear and Radiation Safety of the Ministry of Emergency Situations of the Republic of Belarus
Belarusian NPP passes first comprehensive monitoring Сonstant monitoring. Specialists supervise the erection of the Belarusian nuclear power plant. The first inspection was devoted to comprehensive safety. It was carried out jointly by the Ministry of Emergency Situations and other departments. Specialists from Rostekhnadzor (Russian technical standards watchdog) also took part in the inspection as consultants. The next such monitoring is scheduled for October. Attention was paid to installation work as well as compliance with safety regulations.    

16.06.2015

Cuba buys 500 Belarus' MTZ tractors, aiming for more Cuba will purchase Belarusian MTZ tractors. The deal was agreed during the visit to that Latin American country. The sides signed a contract worth $13 million.  They agreed to continue close cooperation in the field of mechanical engineering. In the short term, Belarus and Cuba will sign another contract worth $7 million.

14.06.2015

Belarusian products now in US retail chains
Belarusian products now in US retail chains Belarus will increase the export of agricultural products. According to forecasts of the Ministry of Agriculture, in 2015, the state will earn up to $ 7 billion on these supplies. Manufacturers began to actively promote products in new countries. Belarusian products are now in demand in Tajikistan, Kyrgyzstan and Armenia. Exports doubled to Asia and Oceania. Among the buyers are the United Arab Emirates, Vietnam, Pakistan, and China. The first delivery of milk powder to Syria also took place. Belarusian products were tasted even in the USA. 

11.06.2015

Stadler Minsk to deliver to Azerbaijan 5 trains worth 80 million euro
Stadler Minsk to deliver to Azerbaijan 5 trains worth 80 million euro Two trains made by the Belarusian-Swiss company for the transport of passengers during the European Olympic Games have already departed for Baku. All in all, Azerbaijan will get 5 trains. The price of the contract is about 80 million euros. At the request of the customers, Stadler developed a special design: white train with gold, red and silver elements.  The trains have 400 seats each, 80 of which are business class seats.
KGB: Chiefs of Motovelo accused of disinvestment, removal of equipment
KGB: Chiefs of Motovelo accused of disinvestment, removal of equipment The chiefs of Motovelo are accused of disinvestment and removal of equipment. This was said on June 11 by chairman of the KGB of Belarus Valery Vakulchik. A criminal case has been initiated. The owner of the company and a number of officials (6 people) have already been arrested. They face up to 10 years imprisonment with confiscation of property. In addition, if found guilty, the dishonest managers will not be able to continue to assume leadership positions.

10.06.2015

Belarus starts producing Orenburg downy shawls
Belarus starts producing Orenburg downy shawls Orenburg shawls are now produced using Belarusian technologies. A knitting factory in Minsk has launched production of unique downy shawls and other related goods.  Handmade shawls will be included in the collection of women's clothing of the Belarusian Fashion Center in the new season. The impetus for the light industry was the order of the President. It took the industry two months to learn the knitting of goat down.

09.06.2015

Government discusses concept of Belarus' socio-economic development for 2016
Government discusses concept of Belarus' socio-economic development for 2016 Reduce inflation, increase productivity and vary export destinations. The Government on June 9 discussed the concept of socio-economic development for 2016. The forecast is aimed at ensuring macroeconomic stability under difficult external conditions,. The development concept for 2016 sets a task to reduce inflation, which will bring down interest rates and make them more affordable for people and the real sector.
President Lukashenko hails 5-time increase in Belarus-Serbia trade
President Lukashenko hails 5-time increase in Belarus-Serbia trade On June 9, Alexander Lukashenko met with Chairwoman of the National Assembly of Serbia Maja Gojkovic to discuss the traditionally friendly Belarusian-Serbian relations. This is the first official visit of the Serbian parliament to Belarus. Cooperation between the two countries, both political and economic, was established in the mid-1990s. Today, Serbia is Belarus' key partner in the Balkans and a kind of bridge between the Eurasian Union and the EU.
Belarusian-Croatian business forum, June 9, 2015
Minsk hosting 1st Belarusian-Croatian business forum June 9 On June 9, Minsk is hosting the first Belarusian-Croatian business forum. Representatives of business circles intend to develop cooperation in such spheres as energy, logistics, construction and ecology.  There have been voiced intentions to establish new joint ventures in Belarus.  Taking part in the Business Forum are 25 Croatian and 40 Belarusian companies.

08.06.2015

What do Belarus and India have in common? Review of Pranab Mukherjee's visit to Belarus Bollywood melodramas, Bangalore Square in Minsk and the famous tea with an elephant. Despite the distance, India has been close to the heart of every Belarusian since Soviet times. Now, apparently, it is time to restart the bilateral relations. This fashionable word in the world of diplomacy is the best to describe the first official visit of the President of India to Belarus.
Belarusian-Lithuanian business forum kicks off in Marijampolė June 8
Belarusian-Lithuanian business forum kicks off in Marijampolė June 8 Belarusian-Lithuanian business forum kicks off June 8 in Marijampole. The meeting of industry and investment companies of the two countries will help strengthen the economic integration between Belarus and Lithuania.  In addition to the traditional business match-making session, Belarusian entrepreneurs will visit a number of companies and factories in the region. This will facilitate the establishment of direct contacts with the producers and expansion of markets. The two countries hold such business meetings regularly.

04.06.2015

Engineering giants ready to expand RHD vehicles lineup for Indian market
Engineering Giants ready to expand RHD vehicles lineup for Indian market Minsk Automobile Plant (MAZ) is ready to expand the lineup of right-hand drive vehicles for the Indian market, said Belarusian Prime Minister Andrei Kobyakov as he met with the Indian largest holding group’s President on 4 June. The issues of cooperation in high technologies, petrochemical industry, logistics, and alternative energy were discussed as well.

02.06.2015

Alexander Lukashenko meets Pskov Region Governor Andrei Turchak
Alexander Lukashenko meets Pskov Region Governor Andrei Turchak Building residential and sports assets, as well as cooperation in agricultural and industrial spheres have become the major topics discussed at today’s meeting of Alexander Lukashenko with Pskov Region Governor Andrei Turchak. The trade turnover between Belarus and Pskov Region is rather low (about $ 160 mln), and the situation needs to be corrected. It’s planned that in September, a new cooperation agreement will be signed at the interregional forum, which is to be hold in Veliky Novgorod.

01.06.2015

Alexander Lukashenko met with Andrei Kobyakov
Alexander Lukashenko discusses with Andrei Kobyakov current economic situation in Belarus Today, on 1 June, the Belarus President Alexander Lukashenko discussed with the Prime Minister Andrei Kobyakov the economic issues of the country. The President was interested in the current state of affairs in the currency market and economy in general. Alexander Lukashenko, Belarus President: The situation in the currency market has stabilized. While we used to waste currency in the past, “burning” the gold reserves, now, we are replenishing them. Individuals and corporations are selling foreign currency. It is a good process.

28.05.2015

Belarus Premier to attend meetings of CIS Council of Heads of Government, Eurasian Intergovernmental Council in Kazakhstan The Prime Minister of Belarus has departer for Kazakhstan. Andrei Kobyakov will attend meetings of the CIS Council of Heads of Government and the Eurasian Intergovernmental Council. During these events, the sides will discuss documents regulating cooperation in the sphere of economy and innovations. The officials will consider the reasons for changing the dynamics of mutual trade within the borders of the Customs Union and the Common Economic Space.
Pakistan interested in Belarus' experience in space research, biotechnology Pakistan is interested in Belarus' experience in the field of space research and biotechnology, said  chairman of the Presidium of the National Academy of Sciences of Belarus Vladimir Gusakov. Mr Gusakov noted that the National Academy of Sciences has long maintained contacts with Pakistani counterparts, and the parties signed a memorandum of cooperation, which identified some areas of collaboration.
Alexander Lukashenko heads for Pakistan on official visit Dialogue at the highest level. The President of Belarus has gone on an official visit to Pakistan. The board number 1 rose to the sky from National Airport Minsk May 28. Alexander Lukashenko is going to hold in Islamabad several important meetings, including with the President and the Prime Minister of that South Asian country.

27.05.2015

Development Bank of Belarus gets 118 million euro loan from Russian, European counterparts The Development Bank of Belarus got a large loan from Russian and European counterparts. The price of the issue is 118 million euros. Financing the syndicated loan are over 10 financial institutions. This type of lending is fairly new for our country. This is the second such transaction but experts believe that Belarus' entrance to the international market for such loans will push for development and other forms of financial cooperation between the Belarusian, Russian and European banks.
Belarus, Iraqi Kurdistan seeking to set up joint ventures Belarus and the Iraqi Kurdistan will create joint ventures. This sides agreed on this during the first meeting of the group on trade-economic cooperation. The meeting was held in Minsk. The partners also intend to intensify the dialogue in the field of industry, agriculture, tourism and education. A large delegation came for this to the Belarusian capital. It includes the heads of ministries and relevant agencies.

26.05.2015

Indonesia's MP Irman Gusman continues visit to Belarus
Indonesia's MP Irman Gusman continues visit to Belarus An important step to intensify cooperation in all areas. This is how Chairman of the Belarusian House of Representatives Vladimir Andreichenko described the visit to our country of the Indonesian delegation. A meeting with the Speaker of the Council of Regional Representatives of the People's Consultative Assembly of Indonesia Irman Gusman was held in Minsk. 

25.05.2015

Belarus' MTZ tractor producer inks multimillion deal with Pakistani partners Another partner of Belarus in Asia is Pakistan. On May 25, Islamabad hosted an investment forum. On the first day, Belarus and Pakistan inked contracts valued at 42 million dollars. The forum was held on the eve of the official visit to that country of Belarus President Alexander Lukashenko. The head of state is going to arrive in Pakistan tomorrow, May 26. On the same day, the talks between the businessmen will continue.
Alexander Lukashenko and Irman Gusman
Head of Indonesian parliament's upper chamber visits Belarus Belarus and Indonesia intend to accelerate work on all fronts. The decision was taken following a meeting of Alexander Lukashenko with the speaker of the upper house of the Indonesia parliament Irman Gusman. The states are long-term partners, and the bilateral trade is 215 million. In order to reach higher figures it was decided to involve businessmen, diplomatic circles and the parliaments of the two countries.  
Belarusian businessmen looking for new partners in Pakistan
Belarusian businessmen sign contracts worth $42mln in Pakistan A joint business and investment forum is being held in Islamabad. It is taking place on the eve of the visit of Alexander Lukashenko to that Asian country, which is scheduled for May 26-27.  Businesses are going to find new points of contact and discuss specific projects. Belarus' Amkodor is ready to open an assembly plant in Pakistan. According to experts, Pakistan may be interested in buying road-building and agricultural and municipal machinery from Belarus.
Alexander Lukashenko: Land is a great value for any state
Belarus to amend land laws for better social guarantees Alexander Lukashenko demands perfect order when it comes to land use. The head of state set this task on May 21 at a meeting to improve legislation on protection and use of lands. The Government made a number of proposals to the President on the allocation and withdrawal of land plots. Innovations touched the rules of construction and sale of land. The main principles of land use are effectiveness, efficiency and accessibility. Perfect order should be saved on lands. No wonder lands are called the Belarusian brand, and even the face of the country, said the head of state.
Belarus interested in supplying machinery for Myanmar's mines, agriculture Belarus is actively engaging in dialogue with partners on the other side of the continent. Belarus is ready to develop cooperation with Myanmar in all areas. This matter was discussed at the meeting of the Belarus President with the Chairman of Chamber of the National Assembly of the Union of that Asian country.  The main area of the bilateral cooperation could be agriculture and supplies of Belarusian machinery. Also, cooperation in education and tourism is on the cards.

24.05.2015

Khin Aung Myint (L) and Mikhail Myasnikovich (R)
Belarus, Myanmar for tighter cooperation in pharmacy, education and agriculture Belarus and Myanmar signed a memorandum of cooperation. Head of the Council of the Republic Mikhail Myasnikovich and chairman of the House of Nationalities Khin Aung Myint put their signatures on the document on May 24. The visit of the delegation of Myanmar to Minsk turned out to be very fruitful. Over the four days, they visited a number of enterprises. The prospects of cooperation were discussed at the meeting with Alexander Lukashenko. Also, the delegation held talks were held with Belarus' government and parliament.
Honorary Consul of Austria in Belarus Sergei Kostyuchenko
Honorary Consul of Austria in Belarus on Austrian investment Still, economy is a priority in Belarus' relations with Europe. And a small fact of the week: the Council of the Republic liberalized tax regime between Belarus and Austria since considerable capital comes from the country. Capitals seek places where it's safe and where business gives the investor pleasure. This opinion was expressed by chief of Priorbank and Honorary Consul of Austria in Minsk Sergei Kostyuchenko in an interview with the TV program "Picture of the World."

21.05.2015

Belarus Premier Andrei Kobyakov
Belarus Premier Andrei Kobyakov visits industrial giants of Gomel region The state will support individual Belarusian enterprises in difficult times. Help from the state budget will not be straight; rather, it can be called a catalyst that promotes the stabilization of enterprises' economy, said Prime Minister of Belarus Andrei Kobyakov visiting the industrial giants of the Gomel region. 
US General Motors to assemble cars in Belarus The largest US automobile corporation General Motors will assemble cars in Belarus. In one year alone they plan to produce about three thousand crossovers Opel Mokka. Thanks to a lucrative contract, the company plans to expand domestic production and to hire new employees. This Belarusian-British joint venture has been on the market since 1996 and has been manufacturing and assembling vehicles. At present, the company Unison works in unison with the three European brands. It produces eight models of cars.

20.05.2015

Andrei Kobyakov, Belarus Premier
Belarus' GDP down by 2% in Q1 2015 as compared to Q1 2014 On May 19, the Belarus government summed up the socio-economic development of the country in the first months 2015. The overall conclusion is that the economic situation is difficult but not hopeless. There are questions to the Belarusian industry and a number of companies but steady growth can be seen in the construction and trade.

19.05.2015

Andrei Kobyakov, Belarus Premier
Belarus records steady growth in agriculture, construction, trade in January-April 2015 Low efficiency of work of some enterprises, but at the same time steady growth in agriculture, construction and trade – results of Belarus’ socio-economic development in the first quarter of 2015 were voiced by the Belarus government today. The development of the economy was affected by external factors. Among them is the devaluation of the Russian ruble, falling oil prices and declining demand in the countries that are Belarus' key trading partners. 
Russian bank ready to support Belarusian businesses in difficult economic conditions How to make Belarusian economy work more efficiently? This was the main topic of yesterday's meeting of the Belarus President with the Chairman of the Board of Sberbank of Russia German Gref. At the beginning Alexander Lukashenko noted a special position of the Russian bank in respect of our country. The Head of State recalled how a few years ago it was this very financial institution that, unlike many other Russian companies, supported Belarus. This meeting also took place in a difficult external economic environment.   

18.05.2015

Alexander Lukashenko (L) and German Gref (R)
Alexander Lukashenko meets chief of major Russian bank German Gref How to make Belarusian economy work more efficiently? This matter was discussed at the May 18 meeting of the Belarus President with Chairman of the Board of Sberbank of Russia German Gref. Alexander Lukashenko pointed out that not everything is smooth in the Belarus economy. In particular, the situation is influenced by the neighboring countries - our traditional partners. However, there are some positive trends. We are gradually developing new markets and expanding our presence in other countries. 

17.05.2015

Keep "golden hands and brains". How do Belarusian companies execute President's order? The situation on the labor market has been in the center of the President's attention this week. It is possible, he argues, to make parasites work. Belarus should also keep "golden hands and brains" at Belarusian enterprises even if it is hardly possible, said Alexander Lukashenko at a meeting on Thursday.
(L) Pekka Viljakainen, businessman
The most famous Belarusian IT developments: Report by TV program "Picture of the World with Yuri Koziyatko" Venture companies in the world, or investors who are willing to finance promising new development, often come to Minsk to find out about our business potential. Many of the ideas have already received start-up capital. Belarusians, for example, created the popular Internet service Viber, recently bought out by a Japanese billionaire. Gamers all over the world play Belarusian "World of Tanks", which is one of the most popular computer games of our time! So Belarusian brains are working! Ilona Volynets has more.
Belarus President's visit to MTZ: report of TV program "Picture of the World with Yuri Koziyatko"
Belarus President's visit to MTZ: report of TV program "Picture of the World with Yuri Koziyatko" Cost-effectiveness of the visit of the Chinese president is $18 billion. Belarus plans to get this amount from cooperation with China. For example, Belarus intends to establish in China assembly plants of Gomselmash and MTZ. By the way, during the week, President Lukashenko visited Minsk Tractor Works. Meeting with the staff, he spoke not only about tractors, but also recalled the importance of the visit of the Chinese leader and explained the situation with regard to the most pressing problems of today.
Alexander Lukashenko explains Minsk Tractor Works economic problems Alexander Lukashenko visited Minsk Tractor Works and talked to factory workers. In today's world, competition makes Belarusian companies produce competitive products, primarily in terms of design and quality. The Head of State once again assured that Belarus will save all labor collectives. The President started the conversation from the reasons for his arrival. After rumors about the MTZ in some media the head of state decided to see the work in person.
Alexander Lukashenko says Belarus should avoid unjustified import
President Lukashenko says Belarus should avoid unjustified import The Belarus President calls on the Government to take all necessary measures to protect the domestic market from unjustified imports. Alexander Lukashenko said this on May 15 during a visit to Minsk Tractor Works. The head of state was informed about the financial and economic activities and prospects of the company. Anastasia Ivannikova, CTV:Every tenth of a tractor in the world is from Belarus. Today, MTZ is the face of the country. For almost 70 years, the products of the plant were shipped to 125 countries.

14.05.2015

New Belarusian-Chinese production facility in Dobrush by end of 2015
New Belarusian-Chinese production facility in Dobrush by end of 2015 Dobrush cardboard will be made in line with Chinese technologies. One of the most modern packaging plants in the world will soon appear in the small district center of Gomel. The construction is being carried out by a Chinese corporation.  
"Made in EEU": label soon on Eurasian Economic Union goods
"Made in EEU": label soon on Eurasian Economic Union products "Customs union product" or "Made in the EEU". Such labeling may appear on products in the near future, said on May 13 minister for industrial and agro-industrial complex of the Eurasian Economic Commission Sergei Sidorsky. Products with this label will comply with all regulations of the Eurasian Economic Union (EEU) and move freely in the territory of the Customs Union. In addition, it will allow manufacturers of the EEU to compete in the market of third countries.
Yury Alekseev, CEO of BNTU Technological Park “Polytechnic”
Belarus–China: Current joint projects After Xi Jinping's visit to Belarus, the agreement portfolio totals about $18 billion. But there are a number of joint projects that are already at work: from pavement polymer additives to high-precision lasers. And it’s worth mentioning that ordinary people like students, researchers, and workers are working on them. A CTV correspondent met with some of them. Vitaliy Gorbush, BNTU Confucius Institute director:In our Confucius Institute of Science and Technology, you can see the portrait of a great scientist, philosopher, writer, and sage.
Alexander Lukashenko: We need to maintain qualified personnel at all costs
Alexander Lukashenko: We need to maintain stability in Belarus' labor market The President of Belarus demanded that the government do everything possible to retain qualified personnel at enterprises. A difficult situation on the labor market was discussed by the Belarus president today at the meeting with the government. The conversation was serious and thorough. The President noted that he is aware of disturbing trends in this area. 

13.05.2015

Belarus Premier: Chinese loans are beneficial for us
Belarus Premier: Chinese loans are beneficial for us Belarus' loans from China are comfortable in terms of time and cost. This was said on May 13 by Prime Minister Andrei Kobyakov at a meeting with chairman of the State Development Bank of China. The Premier noted that four loan agreements worth more than $800 million are now being implemented. In September 2014, Belarus began to study new mechanisms of attraction of long-term financial resources: the opening by a Chinese bank of credit lines worth $1 billion for 15 years. The new credit agreement was signed during the visit to Belarus of President Xi Jinping.  
China's Zhejiang offers Minsk region cooperation in tourism
China's Zhejiang offers Minsk region cooperation in tourism China's Zhejiang offers Minsk region cooperation in the field of tourism. This was said by Governor of Zhejiang province Li Qiang at the meeting with the leadership of the Minsk region.  Li Qiang praised tourism opportunities and prospects of the province, and also noted the excellent Belarusian nature.
Belarusian Industrial Forum to discuss industrial cooperation in Eurasian Economic Union
Belarusian Industrial Forum to discuss industrial cooperation in Eurasian Economic Union Industrial integration in the Eurasian Economic Union will be discussed on May 13 in Minsk. The business talk will be held in the framework of the Belarusian Industrial Forum.  The meeting will review the current situation of cooperation in the framework of the EAEC. Its participants will exchange views on the prospects and problems of industrial cooperation of Armenia, Belarus, Kazakhstan and Russia, and Kyrgyzstan.
Vitebsk presents investment proposals to Heilongjiang businessmen
Vitebsk presents investment proposals to Heilongjiang businessmen A delegation of the northern Chinese province of Heilongjiang visited the northern capital of Belarus on May 12. In Vitebsk, the guests got acquainted with the residents of the free economic zone and visited one of the largest companies. Huang Dapeng, Assistant Director-General for External Economic Relations at a Chinese energy company (China):We see good governance. Quality is also good. Here, the company has its own laboratory. Of course, if possible, we will buy products here in the future.
Alexander Lukashenko, Xi Jinping visit Chinese-Belarusian Industrial Park Great Stone
Alexander Lukashenko, Xi Jinping visit Chinese-Belarusian Industrial Park Great Stone The head of China Xi Jinping concluded his state visit to Belarus. In National Airport Minsk Alexander Lukashenko personally said goodbye to the distinguished guest. At the end of the state visit, the Chinese President visited the Belarusian-Chinese Industrial Park. 

11.05.2015

Belarus to get China's Eximbank loan worth over $1 billion
Belarus to get China's Eximbank loan worth over $1 billion Belarus has concluded a loan agreement with China's Eximbank worth more than $1 billion. This was announced on May 11 by the Prime Minister of Belarus at the meeting with the chairman of the bank. The Prime Minister stressed that Xi Jinping's current visit to Belarus is historic.
Alexander Lukashenko and Xi Jinping at Belarusian-Chinese business forum
President Lukashenko stresses importance of cooperation between Chinese and Belarusian regions and businesses Interaction between regions and enterprises should become the leading driving force of cooperation between Belarus and China, stated Alexander Lukashenko on May 11 at the opening of the Belarusian-Chinese interregional business forum. The event of such a level is taking place in our country for the first time. It is planned to sign about thirty contracts. The sides will focus on investment.
Presidents Lukashenko, Xi Jinping taking part in Belarusian-Chinese inter-regional business forum in Minsk
Presidents Lukashenko, Xi Jinping taking part in Belarusian-Chinese inter-regional business forum in Minsk "Accumulate forces to intensify cooperation." This is the slogan of the May 11 Belarus-Chinese interregional business forum in Minsk. It is attended by the President of Belarus Alexander Lukashenko and President of China Xi Jinping. According to the head of state, the interaction between regions and enterprises should become the leading driving force of cooperation between Belarus and China. Alexander Lukashenko assured Xi Jinping that our country will do everything necessary to effectively promote China's own interests in Europe.

10.05.2015

Belarus, China to sign record contract to supply potash fertilizers
Belarus, China to sign record contract to supply potash fertilizers On May 10, the Belarus government discussed specific proposals from the Chinese side. Belarus and China are going to sign a record contract for the supply of potash. This was discussed at a meeting of Belarus Prime Minister Andrei Kobyakov with the leadership of the corporation Sinochem. This company is the largest petrochemical products trader in China and one of the main buyers of Belarusian fertilizers. A memorandum of cooperation is designed for five years and provides the largest volume of deliveries.
A Kazakh family
Kazakhstan after Nazarbayev's victory - report by TV program "Picture of the World with Yuri Koziyatko" Not long ago, Nursultan Nazarbayev won the election in Kazakhstan for the fifth time. Mr Nazarbayev has run the country for more than a quarter century. And, as confessed by the woman from our next report, she's ready to vote for him with three hands! Our special correspondent Anastasia Dekhtyar has the report from Kazakhstan. Munira Satybaldiyeva, entrepreneur:I pray for the president, I want him to be alive and well so everything is stable in Kazakhstan. I am very glad that Allah sent us this president.

07.05.2015

You Baofeng, head of a Belarusian-Chinese joint venture producing machinery
What connects Belarus and China in 2015? Chinese projects in Belarus represent an ambitious cooperation between these two countries. The China-Belarus Industrial Park, apartment blocks, and hotel complexes are just a small part of projects created in Belarus with the help of specialists from China.
14 Belarusian enterprises to start exports to Chinese market from summer 2015
14 Belarusian enterprises to start exports to China in summer 2015 Made in Belarus and exported to China. There will be more domestic goods in the Chinese market. From summer 2015, 14 Belarusian companies will begin supplies to China.  Negotiations on expanding Belarus' exports to China were held during the recent visit of the Belarusian delegation to China. China is one of the most important trade and economic partners of Belarus.  Chinese like tea. But tea with Belarusians cookies is tastier!

06.05.2015

Belarus, Russia working on cutting-edge industrial developments worth about $53 million
Belarus, Russia working on cutting-edge industrial developments worth about $53 million Belarus and Russia will implement over 30 joint programs in the field of industrial technology and science in 2016. Plans have been made to spend about $53 million this year alone for the first phase of cooperation, which includes 10 projects of the Belarus-Russia Union State. This direction chosen by Belarusian developers today allows occupying own niche in the industrial sector.
Tang Luhao, Director of a Chinese telecommunications company
Belarus, China open joint training center at Minsk College of Communications Representatives of a large corporation from China opened a training center in the Belarusian capital. The laboratory features unique equipment.  The center will be a platform for training for both domestic and Chinese telecom companies.
Alexander Lukashenko emphasizes necessity of the investment cooperation with China
Alexander Lukashenko emphasizes necessity of the investment cooperation with China President of the People’s Republic of China will arrive in Belarus in May 2015. His visit shows that there are far-reaching plans in terms of cooperation between Belarus and China, which intense development has started in recent years. We received this footage an hour before airtime. Anna Belyaeva, from Minsk, is singing this song in Beijing for the first time. The song was written by Belarusian musicians, who were inspired by the paintings of the Chinese artist Liang Yonghe. After the concert, Liang finally found appropriate words to express gratitude.

05.05.2015

Pavel Kallaur, head of National Bank of Belarus
Belarus' National Bank head: Belarusian ruble is at its real market value now The Belarusian ruble reflects its real value based on supply and demand, said the head of the Belarusian National Bank on May 5. Pavel Kallaur emphasized that inflation in Belarus will not exceed 16%. This figure is within the planned estimates. Although it will still depend on the macroeconomic indicators, which primarily have external nature.
Alexander Lukashenko: One does not need a salary increase if prices don't rise Work of enterprises, monitoring of prices and wages - these issues were discussed at the May 5 meeting between the Belarus President and the Minister of Labor and Social Protection. Alexander Lukashenko stressed that in spite of optimization of industries it is necessary to retain qualified staff. In the near future, the head of state is going to visit a number of enterprises. The conversation also touched on rising prices. Alexander Lukashenko set the task to avoid unreasonable increase in prices.
Belarus, European Union for closer statistical standards
Belarus, European Union for closer statistical standards Belarus and the European Union intend to bring together statistical standards. This was discussed at a meeting of an Eastern Partnership profile working group. Representatives of the European Commission and statistical bodies of Azerbaijan, Armenia, Georgia, Moldova and Ukraine gathered to talk over the subject in Minsk for the first time. The sides discussed the technical aspects of the convergence of standards. A common approach will allow comparing data of all countries.
Belarus' President gives interview to Chinese media ahead of Xi Jinping's visit
Belarus' President gives interview to Chinese media ahead of Xi Jinping's visit Huge audience from 150 countries. Alexander Lukashenko gave an interview to China Central Television and the news agency "Xinhua". He talked to reporters on the eve of the visit of President Xi Jinping to Minsk. Numbers suggest that Belarus and China are strategic partners.  In 2014 alone, the countries' trade stood at more than $3 billion. Political dialogue is well established, too. In the international arena, Belarus and China support each other on key issues. Almost every year, parties exchange of visits at different levels.

04.05.2015

Alexander Lukashenko (L) and Alexander Kosinets (R)
Alexander Lukashenko for more efficient cooperation with China Cooperation with the People’s Republic of China was the main topic of the working meeting of Alexander Lukashenko and head of the Presidential Administration Alexander Kosinets. China is one of the major political, economic and diplomatic partners of Belarus. The partnership was also discussed during Alexander Kosinets’ recent visit to Beijing. Questions of the international, trade and economic, credit and investment cooperation were discussed in the course of the meeting.
Leonid Marinich, First Deputy Minister of Agriculture and Supply of the Republic of Belarus
Belarus to supply 100,000 tons of dairy products to Chinese market Products of Belarusian dairy industry are gaining a substantial Chinese market share. As many as 14 manufacturers have received delivery certificates. Previously, only one company was supplying dairy products to China. Products’ quality was highly appreciated. At present, the Chinese market is ready to take 100,000 tons of Belarusian milk products annually. Supplies will start in the summer.
Vasily Matyushevsky, Belarus' deputy premier
Businesses in Belarus should be given more space for initiative, deputy premier says The Belarus President's State of the Nation Address was the main political event of last week. In Belarus, this political tradition is almost two decades old. The President began the 2015 address with economic topics. Profit and profitability is the main economic criterion now. Will this scheme work? Let us ask the first Deputy Prime Minister Vasily Matyushevsky.
Slutsk Flax Mill
Slutsk Flax Mill begins supplies to China Enterprises of the Minsk region are entering new markets. Slutsk Flax Mill has begun supplying flax to China. The company has already shipped products worth $400,000. By the end of 2015, the figure should double. Meanwhile, as before, domestic processors are the main consumers of flax. The renovation of the main plant is completed, with the new line being installed. Thanks to modernization, the plant can now continually process treated plant fibers with reduced energy costs and significantly improved quality of products. 

03.05.2015

Alexander Lukashenko meets with farmers and officials in Mogilev region
Alexander Lukashenko meets with farmers in Mogilev region: Report of "Picture of the World with Yuri Koziyatko" Alexander Lukashenko visited the Mogilev region on May 2 to familiarize himself with the spring sowing campaign and meet with farmers. The visit can be called a sudden. This is done deliberately in order to be able to get a full and objective picture of the situation in Belarus' agriculture.

30.04.2015

Economic security: how to protect domestic market and get people interested in local products
Economic security: How should Belarus protect its domestic market and get people interested in local products Belarus continues to actively discuss the President's address to the people and Parliament. The head of state touched on almost all the issues that concern Belarusians today.  In particular, he mentioned one of the components of economic security - the protection of the internal market.
Belarus to supply 100,000 tons of dairy products per year to Chinese market Belarusian dairy companies are entering the Chinese market. Some 14 manufacturers received certificates for the delivery of their products. Earlier only one company supplied our dairy products to China. China appreciated the quality of produces and is now ready to receive annually 100,000 tons of Belarusian dairy produce. Deliveries will begin in early summer.
Vladimir Andreichenko, chairman of Belarus' House of Representatives
Belarus parliament for "new impetus" in cooperation with Laos Laos is interested in deliveries of Belarusian milk. On April 30, this matter was discussed at the meeting of the intergovernmental commission on Belarus-Laos bilateral cooperation.  The South-Eastern partners also assessed the advantages of our technology and now intend to increase purchases. In turn, Belarus is interested in importing coffee and rice from that country.

29.04.2015

Premier Kobyakov meets with Minister of Foreign Affairs and Trade of Hungary
Premier Kobyakov meets with Minister of Foreign Affairs and Trade of Hungary Smooth neighborly relations between Belarus and the European Union will contribute to the maintenance of stability and strengthening security in the region. This was said during the April 29 meeting of Belarus' Prime Minister Andrei Kobyakov with Minister of Foreign Affairs and Foreign Trade of Hungary. Besides, Belarus country as the coutnry presiding the Eurasian Economic Union is ready this year to promote dialogue between the European Union and the EEU. The sides discussed trade and economic relations between Belarus and Hungary.
Belarus Premier at a government session
Belarus Premier: Still no expected effect from woodworking industry modernization There is still no effect from the planned modernization of the woodworking industry in Belarus, said the Belarusian head of government Andrei Kobyakov at the April 28 session of the Presidium of the Council of Ministers. It considered the results of the operation of the group Bellesbumprom.

28.04.2015

Belarusian and Egyptial businessmen
Egyptian businessmen want to cooperate with Belarus' chemical industry, construction, agriculture Egyptian businessmen are interested in cooperation with Belarus in the chemical industry, construction and agriculture. This was discussed during a business meeting of heads of domestic enterprises with the business community in Egypt. Belarus was visited by owners of large companies from different sectors of economy. Among them were petrochemicals, mineral extraction and production of fertilizers. During their stay in our country, Egyptian businessmen will visit a number of Belarusian enterprises.
Belarus, France interested in inter-regional cooperation
Belarus, France interested in inter-regional cooperation Trade with France must be increased. This opinion was expressed by the speaker of the upper house of the Belarus parliament at a meeting with colleagues from France. These days, a number of French companies are in Minsk to hold a series of talks on trade, economic and investment cooperation. Gérald Darmanin heads the friendship group "France-Belarus" in the National Assembly. By the way, in 2015 alone, the guest visited Belarus two times. It also suggests close cooperation between the two countries at the level of parliamentarians.
Alexander Lukashenko
Alexander Lukashenko concerned about lack of progress in Minsk's development The head of state is concerned about the failure to fulfill instructions for the development of the Belarus capital. He said this today at a meeting in the Palace of Independence. The emphasis was made on issues of the improvement of Minsk, work of Minsk's industrial enterprises, as well as preparation for the celebration of the anniversary of the Victory in the Great Patriotic War.
President Lukashenko in forest affected by Chernobyl disaster
President Lukashenko: Agriculture and forests are major Belarusian resources Natalia Breus, CTV reporter:Belarusian forests were significantly affected by the Chernobyl disaster. 29 years passed. The number of contaminated forest areas has declined gradually, but they have not disappeared completely. Some 18 percent of the forest areas are still polluted. By 2020, this figure should be further reduced. Forests are Belarus’ national wealth. More than a third of the Belarus territory is covered with them. Regular radiation monitoring is held and specialized equipment is used in contaminated forest areas.

27.04.2015

BelAZ truck
Robots to drive Belarus-made BelAZ trucks Robots will replace man in the driver’s seat in Belarus-made BelAZ trucks. At present, the car with a carrying capacity of 130 tons follows dispatcher commands and is capable of performing unloading work automatically. The development was presented to foreign partners. The Belarusian novelty has already been ratified by experts from countries of Latin America, India and Canada.  

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