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Economy & business

05.05.2015

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.  
April 27 meeting between the Belarus head of state and the governor of the Chelyabinsk region (Russia)
Belarus, Chelyabisnk region of Russia interested in high-tech joint ventures Belarus and the Chelyabinsk region of Russia are interested in the establishment of joint ventures to produce high-tech products. Promising areas of cooperation were discussed at an April 27 meeting between the Belarus head of state and the governor of the Russian region.
President Lukashenko checks rehabilitation of Chernobyl-hit Slawharad District
President Lukashenko checks rehabilitation of lands in Chernobyl-hit district Yesterday Belarus and the rest of the world recalled the Chernobyl tragedy. The spread of radiation in 1986 after the accident at the Ukrainian station was 100 times greater than after two atomic bombs dropped on Hiroshima and Nagasaki.  For most of the world this date is often just history but for Belarus, this is a really special date. The accident that occurred 29 years ago still has a negative impact on the various spheres of life.

26.04.2015

Over 20 companies take part in Belarusian-Finnish Business Forum in Minsk Energy and woodworking. It is in these areas in which Finnish businessmen would like to cooperation with Belarus. The prospects of interaction of the business circles of the two countries on April 23 were discussed at the Belarusian-Finnish business forum. Top managers of more than two dozen companies arrived in Minsk. During the meetings and roundtables, the parties discussed ways to enhance bilateral trade and economic cooperation and identify the most promising ones.
Belarus President visits Chernobyl-hit Slawharad District
Belarus President visits Chernobyl-hit Slawharad District On April 26, which is the anniversary of the Chernobyl tragedy, the Belarus President traditionally visits regions affected by the catastrophe. Today, the head of state was on a working visit in the Slawharad district, Mogilev region. The President paid attention to focus of the course of spring field work. He asked about harvesting projections and also noted that it is necessary to catch up with the level of the western regions.
Dmitry Shedko, First Deputy Minister of Communications and Informatization of the Republic of Belarus
Belarus, Republic of Korea to establish IT cooperation center High level of high technology. The intellectual potential and qualified specialists of Belarus were awarded by one of the world leaders in the field of information technology - the Republic of Korea. It is planned that in 2016, there will appear collaborative groups of experts who will not only analyze the situation on the high-tech market, but also create optimal conditions for the development of IT solutions. 
Belarus posts foreign trade surplus in first months of 2015
Belarus posts foreign trade surplus in first months of 2015 The Belarusian economy has a positive trade balance. The Belarus Government voiced foreign trade figures in the first months of 2015 on April 25. The figure is imposing - about $700 million.  The figure has clearly improved compared with the previous period.  Still, however, there are problems with an important predictive parameter - export.
Results of Alexander Lukashenko's official visit to Georgia
Results of Alexander Lukashenko's official visit to Georgia A big package of documents on cooperation and an agreement to increase bilateral trade threefold. Experts and political analysts are discussing the results of a three-day official visit of President of Belarus to Georgia - the first in history. The negotiations were truly productive. And there are many promising areas of cooperation: engineering, agriculture, and tourism. A Belarusian embassy will very soon open in Georgia.  

17.04.2015

Alexander Lukashenko attaches great importance to development of China-Belarus cooperation
Alexander Lukashenko attaches great importance to development of China-Belarus cooperation China-Belarus relations reach a new level. President of the People’s Republic of China Xi Jinping will arrive in Belarus in May. Cooperation development was discussed during the meeting on 17 April. China-Belarus trade relations have positive dynamics. At present, mutual trade is more than $4 billion. Massive joint cooperation projects are about to be realized. Major questions on cooperation with the PRC will be discussed during today’s meeting.

05.04.2015

Belarus cancels December 2014 price freeze
Belarus cancels December 2014 price freeze Belarus has lifted the ban on the rise in retail prices of goods compared to the December 2014 level. The corresponding decision of the Council of Ministers was published on national legal portal on April 4. In addition, the document requires that the Trade Minsitry and the Ministry of Communications and Information, consumer societies, regional executive committees and the Minsk City Executive Committee ensure the availability of a wide range of goods for sale, including in online stores.
Alexander Lukashenko visits State Customs Committee April 3
Alexander Lukashenko visits State Customs Committee April 3 The Customs Service is to become one of the key elements of the economic security of the state, said President of Belarus visiting on April 3 the State Customs Committee. Alexander Lukashenko met with senior staff. The State Customs Committee includes 12 departments, one independent department and one group. Nine customs offices are subject to it.

02.04.2015

Belarus, Nizhny Novgorod aim to increase trade to $1 billion Cooperation between Belarus and Russia is growing thanks to ties with the regions. President Alexander Lukashenko on April 2 met with the governor of the Nizhny Novgorod region. Valery Shantsev is a frequent guest on the Belarusian land.  Thanks to this fact the dialogue has been very active.  Today, Belarus and Nizhny Novgorod are enjoying a trade of $600 million.
Belarus Premier: Belarus counts on World Bank support in roadmap talks with IMF
Belarus Premier: Belarus counts on World Bank support in roadmap talks with IMF Belarus counts on the support of the World Bank in the discussion of the roadmap with the International Monetary Fund (IMF). This was said on April 1 by Prime Minister of Belarus at the meeting with World Bank Director for Ukraine, Belarus and Moldova Qimiao Fan. The Prime Minister emphasized that the interaction between Belarus and the World Bank has reached a qualitatively new level. This is cooperation in road infrastructure, water and wastewater systems as well forest sector development.
Sowing campaign begins in Belarus
Sowing campaign begins in Belarus, with country's agricultural effectiveness in question Sowing campaign is the topic of the week in Belarus. Situation in the agricultural sphere is controlled by President Lukashenko. Last week, the Head of the State announced that it is necessary to increase the work efficacy of the agriculture. Substantial investments had been made in the development of this sphere, and they have already produced results. In contrast to the other CIS countries, Belarus doesn’t have to think how to revive agriculture.
Belarus advocates faster harmonization of legislation in Eurasian Economic Union Senators in Belarus have started the legislative season. At the opening of the spring session of the Council of the Republic, Chairman Mikhail Myasnikovich noted that the establishment of a common market without exceptions and limitations in the Eurasian Economic Union (EEU) must be a goal to which the sides should aspire, the quicker, the better.  In particular, it is necessary to remove barriers to mutual trade.
Alexander Lukashenko to governor of Nizhny Novgorod Region: Cooperation with Russia is growing thanks to ties with the region
Alexander Lukashenko to governor of Nizhny Novgorod Region: Cooperation with Russia is growing thanks to ties with the region Cooperation between Belarus and Russia is growing thanks to ties with the regions. It was said by President Alexander Lukashenko at the meeting with the governor of the Nizhny Novgorod region. Valery Shantsev visited Belarus four times already. In 2014, the parties' trade amounted to $600 million. This is the eighth largest trading partner of Belarus in Russia. But, in comparison with 2013, the turnover fell slightly. Therefore, as the President said, positive dynamics of trade must be a priority.

01.04.2015

Grigory Rapota, Belarus-Russia Union State secretary
Belarusian and Russian enterprises should enjoy equal conditions in the two countries, Union State Secretary says Belarusian and Russian enterprises should enjoy equal conditions in the two countries. This was said on April 1 by Union State Secretary Grigory Rapota at a meeting with Prime Minister of Belarus Andrei Kobyakov. The sides discussed the conduct of the Union State Council of Ministers. It is expected to take place in Russia in May or June 2015.  They also raised the issues of projects aiming to create joint transnational corporations. Also discussed were steps towards the introduction of single industrial policy of Belarus and Russia.  
Belarus imposes restrictions on car imports Belarus has imposed restrictions on the import of cars. Now, before you register at the traffic police office a car produced earlier than in 2007, you must confirm that its ecological class is not lower than 4.  The required document proving the ecological class may be obtained, for example, at a special laboratory. Basically, the procedure is associated with the checking of domestic and foreign car databases. 
Sanaka Samarasinha, UNDP Resident Representative in Belarus
EU to allocate 5 million euros for development of "green economy" in Belarus The European Union will contribute to the transition of Belarus to "green economy". This is a joint project of the government, the EU and the UN. It will last three years in the country. The project budget is estimated at five million euros.
Pavel Kallaur (L), Alexander Lukashenko (C) and Andrei Kobyakov (R)
Belarus repays 2009 IMF loan, seeking for ways to maintain economic stability Ensuring macroeconomic stability and preservation of balanced economic development. Such a task was set by the President on March 31 at a meeting with the Prime Minister and Chairman of the Board of the National Bank. Andrei Kobyakov and Pavel Kallaur reported on the situation in the monetary and foreign exchange areas. According to the President, there has recently been a balance in the economic situation and finances. And these positive trends should be kept. 

30.03.2015

Belarusian dairy trading house to open in Russia's Arkhangelsk
Belarusian dairy trading house to open in Russia's Arkhangelsk A trading house to sell Belarusian dairy products will appear in Arkhangelsk shortly. This was said by the governor of the northern region of Russia meeting on March 30 said with the leadership of one of the processing enterprises of Minsk. Igor Orlov praised traditionally high quality and wide range of products. The parties have prepared a package of documents after the signing of which Belarusian products will appear on store shelves of the Arkhangelsk region.
Small businessmen
Belarus President signs decree allowing small businessmen sales without certificates up to 2016 Small businessmen in Belarus have been allowed to sell goods without certificates until the end of 2015. The corresponding decree was signed by the Belarus President. The document also provides for a smooth increase in income tax. Coefficient 2 will run until April 1. In a couple of stages, each lasting three months, it will reach its maximum value - 4, in the period from October to the end of December.
President Lukashenko meets with Arkhangelsk governor Igor Orlov March 30 Belarus and the Arkhangelsk region are interested in intensifying cooperation in the whole range of issues. This was announced on March 30 by President Alexander Lukashenko at the meeting with the governor of that Russian region Igor Orlov.
How technologies help Belarus increase yield capacity
How technologies help Belarus increase yield capacity Last week, Belarusian intellectual elite was joined by new doctors and professors. The Belarus President presented them diplomas and certificates at the Palace of Independence.  Alexander Lukashenko said Belarus faces the task to accelerate the innovative development of economy. The state will continue to support research with a real economic effect. Ekaterina Zhilyanina found out about the developments of Belarusian science.
Alexander Lukashenko visiting Peleng company
Belarus' Peleng company: From opto-electronic systems to space technologies Belarus will only support the promising high-tech companies.  The Belarus President visited the Peleng enterprise, which produces new effective technologies. Peleng today is one of the leading post-Soviet developers of optical devices and optoelectronic systems for military and dual-use. The company has actually created a new industry for the production of exclusive space equipment, which has brought more than a hundred million dollars in profits after investments of only $16 million. 

29.03.2015

Belarus President wants higher return from investments in agriculture The Belarus President on March 27 discussed with ministers the improvement of the efficiency of the agricultural sector. Alexander Lukashenko demanded a report on the real situation in agriculture.  Agribusiness is under constant control of the President. In 2014 alone, there were adopted several decrees aimed to improve the situation in the industry. Decisions were made on all issues of rural development and huge resources invested. In view of this, the state is waiting for return from all areas of agriculture.

26.03.2015

Russian experts arrive in Belarus to inspect meat plants
Russian experts arrive in Belarus to inspect meat plants Russian experts have arrived in Belarus for the inspection of meat plants. This is one of the conditions for the resumption of Belarus' pork exports to the Russian Federation.  Last week in Minsk, the agricultural ministries of the two countries agreed to hold a mutual audit of companies which supplies were limited because of the genome of the virus of African swine. According to the results of inspections, Russia may allow full resumption of supplies of Belarusian pork to Russia. The decision is going to be made next week.
Belarusian customs notes growth of illegal import
Belarusian customs notes growth of illegal import Belarusian customs has reported growth of illegal imports. Under the guise of goods for personal use, cell phones, clothing, shoes and tools are imported in Belarus for their subsequent resale.  Often Belarusians import these illegal consignments at the request of others, not for themselves. The customs reveal such violations of the customs legislation almost daily. Since the beginning of March, more than 20 attempts of illegal import into the territory of Belarus of various goods worth over 300 million rubles have been registered. 
Premier Kobyakov makes working visit to Brest Region
Premier Kobyakov makes working visit to Brest Region Sowing campaign is in full swing. Therefore, the government pays particular attention to spring field work. Yesterday the Prime Minister visited several agricultural enterprises and studied the situation in the Brest region. According to the head of the government, decisions to refinance debt for agricultural lubricants worked and a large-scale modernization of the industry is already bearing fruit.
President Lukashenko visiting Peleng company: We will invest in companies of the future The Belarus President considers it necessary to maintain long-term high-tech industry in the country. This was said by Alexander Lukashenko when visiting the company Peleng. It is part of the State Military-Industrial Committee. The results of the operation of the defense sector was evaluated positively. The modern Peleng grew out of an engineering office, which was organized by the Minsk Mechanical Plant named after Vavilov 40 years ago. During this period the company has become independent. But the main thing is successful and high-tech manufacturing.

24.03.2015

Nikolai Yefimchik, Bellegprom chairman:
Bellegprom concern sells half of products outside Belarus The Belarus government discussed today the competitiveness of Belarusian clothing. According to official data, Bellegprom is not developing fast enough. One of the problems is the lack of clear rules of the game between the representatives of small business and networkers. The industry was tasked with increasing its share in the industry at the expense of the quality of goods, smart sales and flexible export policy.  Over five years, the volume of Bellegprom's production fell by 8%. Someone might say: crisis. And rightly so.
Belarus, Orenburg to build new gypsum plant in Minsk region
Belarus, Orenburg to build new gypsum plant in Minsk region Belarus and the Russian Orenburg region are in search of new ways of cooperation. One of the areas of mutual interest will be the construction in Belarus of a new gypsum plant. As reported during the meeting, held yesterday in Minsk, the production facility should become operational in the next 3.5 years. When it is launched, there will be no sense in Belarus importing plasterboard products. Moreover, the goods produced in the country will be supplied to neighboring countries.
Belarusian-Spanish Forum in Minsk gathers 25 large companies
Belarusian-Spanish Forum in Minsk gathers 25 large companies The first Belarusian-Spanish business forum in Minsk gathered representatives of the 25 largest companies from Madrid, Barcelona, ​​and Valencia. Such meeting is an opportunity for domestic enterprises to enter new markets. It is also a platform for investment projects.  A joint Belarusian-Spanish shoe manufacturing company has been working for 15 years. European technologies came to Belarus together with the investor.   
Alexander Lukashenko: Belarus and the Orenburg region should work out new ways of cooperation
Alexander Lukashenko: Belarus and the Orenburg region should work out new ways of cooperation Belarus and the Orenburg region (Russia) should work out new ways of cooperation. This was discussed at the March 23 meeting between President Alexander Lukashenko and Russian region Governor Yuri Berg. The Orenburg region is our long-time trading partner of Belarus. Nevertheless, the scope of mutual interests should be expanded. The current visit should become a new page of cooperation.  The guests will stay in our country for one days. The plans include the meeting in the Government, visits to factories and talks of the working group on cooperation.

23.03.2015

South Africa, Belarus to establish tractor joint venture
South Africa, Belarus to establish tractor joint venture A joint venture for the production of tractors will be created in South Africa. This is one of the outcomes of the March 23 meeting between Belarusian and South African delegation at to the Ministry of Agriculture and Food of Belarus.  The African delegation are  currently in Minsk on a working visit. King of KwaZulu-Natal (South Africa) Mthimkhulu III held talks with Belarusian colleagues. Among the main topics was cooperation in the field of agricultural technology and staff training. 
Activated carbon: Can Belarus start to produce this "miracle pill"? Who benefits from buying imported activated carbon and why does Belarus not produce these simple pills? As it turned out, the general trend of import substitution in the Belarusian economy is not appropriate here, says the Ministry of Health. The production of the harmless drug is classified as hazardous and can only be outside settlements while Belarusian pharmaceutical factories are within the city limits.

22.03.2015

Belarus, Belgium to establish joint export agency for promotion of domestic goods to the West
Belarus, Belgium to establish joint export agency for promotion of domestic goods to the West Belarus and Belgium will establish a joint export agency. Its main objective is to promote domestic goods to the West.  Experts of the joint venture will assist in business development in Belarus and the Eurasian Economic Union. First of all, experts will be engaged in the study of European demand and evaluate the export potential of our businesses. The head office will be located in Brussels. Most likely, he will begin work in May. 
Sentiments of small businessmen after meeting with Belarus President: Picture of the World's report As you can see, traders applauded.  Maybe it was euphoria because of face-to-face meeting with the President?  Entrepreneurs' mood after the meeting and their thoughts about civilized trade with legal certification - in Tatiana Revizore's report.   Wednesday. This is one of the most popular days for shopping tour. Just a couple of minutes - and these buses will go to Moscow. Goods from there - clothes or shoes - will be brought by entrepreneurs into Belarus at their own risk. 

19.03.2015

Inna Medvedeva, chairwoman of the National Statistical Committee of the Republic of Belarus
Socio-economic development of Belarusian regions discussed in Minsk Social services, jobs and standard of medical care. On March 19 the socio-economic development of the Belarusian regions was discussed in Minsk. For the first time in several years, labor productivity increased, according to statistics.   According to the Belarusian National Statistics Committee the GDP has increased. The volume of industrial and agricultural enterprises also increased. 
Investment forum in Vitebsk
International Forum in Vitebsk: Over 200 investment and innovation projects On March 19, Vitebsk became a negotiating platform for foreign investors. The largest business forum brought together dozens of foreign companies that are going to invest in the region in the near future or are already working there. Over two days, more than 200 investment projects will be presented. 
New prospects of Belarus-Georgia cooperation: Belarusian delegation visiting Tbilisi
New prospects of Belarus-Georgia cooperation: Belarusian delegation visiting Tbilisi How to take interaction between Belarus and Georgia to the next level? This matter was discussed at a meeting of the two foreign ministries. The Belarusian delegation is on a visit to Tbilisi.  The sides are going to discuss the development of political dialogue, trade and economic cooperation and cooperation in international organizations. As expected, the diplomats will sign a plan of ministerial consultations for 2015-2016.
Sultan Marenov, chairman of the board of a bank
What unites Belarus and Kazakhstan? Today, Belarus and Kazakhstan are connected not only by strong economic and political relations. During the years of friendship, both countries have joined numerous projects: in industry, education and science.   Daniyar is a Kazakh student studying in Belarus. In Minsk, he is getting a second degree at the Belarusian State University of Informatics and Radioelectronics.  At home, in Kazakhstan, he studied to be an actor, but as the eldest son in the family, he should first think about a stable future.
Alexander Lukashenko believes Belarus and Kazakhstan can expand trade
Alexander Lukashenko believes Belarus and Kazakhstan can expand trade President Alexander Lukashenko is in Kazakhstan on a working visit. On March 19, he met with his Kazakh counterpart Nursultan Nazarbayev to discuss a range of bilateral matters. Alexei Martinyonok, CTV:Belarus and Kazakhstan are strategic partners. Common market and coordinated economic policy is a platform of the Eurasian Economic Union (EEU). The two nations have common stances in the international arena - in the UN and the OSCE.
Woodworking in Belarus: modernization and development prospects Prospects for the development of woodworking Belarus were discussed in Minsk. This industry has been under special control of the head of state for more than a year. The President has personally visited the main enterprises and criticized managers for obvious failures. The State Control Committee organized a special working group. It was found that 7 out of 9 companies in the industry are lossmaking, and modernization should be quickened.
International forum "Innovations. Investment. Prospects" opens in Vitebsk
International forum "Innovations. Investment. Prospects" opens in Vitebsk "Innovations. Investment. Prospects". The international forum with this very name opened in Vitebsk on March 19. It includes more than 200 projects. More than a thousand people from 16 countries arrived to meet with potential partners. The business area gathered representatives of both former Soviet republics and businessmen from France, Italy, Germany and Sweden. The forum started with the signing of a number of international documents. A cooperation agreement was signed by representatives of the free economic zones of Vitebsk and Kyrgyzstan.

18.03.2015

Igor Lyashenko, chairman of the Belarusian State Concern for Oil and Chemistry
Fuel prices in Belarus no longer tied to U.S. dollar The cost of fuel in Belarus is no more tied to the U.S. dollar. said on March 18 chairman of the concern Belneftekhim. According to Igor Lyashenko, a different approach to the formation of the price of gasoline has been developed.   The new mechanism is tied to the price of a barrel of oil, and is comparable to the prices in neighboring countries. According to Mr Lyashenko, if the cost of a barrel falls, for example, to 20 dollars, the price of motor fuel in the domestic market of Belarus will decrease.

17.03.2015

Unequal conditions are killing public and private enterprises, Alexander Lukashenko says On March 17, the head of state talked to private traders. And here it is - the long-awaited verdict: private traders were allowed to trade without certificates of the quality of goods. But the measure will be in force only until January 1, 2016. Oleg Solovey, private businessman, calls mandatory certification a real problem. This means additional time and costs.  However, Oleg is sure that there are positive sides in requirements to have certificates. They pertain to consumers. 
Nikolai Fyodorov, the Minister of Agriculture of the Russian Federation
Russia may allow blacklisted Belarusian companies to resume food supplies The matter of resumption of supplies of Belarusian products to Russia will be decided during this week. This was stated at a joint meeting of the ministries of agriculture of the two countries. A group of experts from Rosselkhoznadzor (Russian sanitary watchdog) will arrive in Belarus in the near future. It will inspect three largest companies of the nine that are on Russia's "black list". At the end of 2014, Russia stated that a gene of African swine fever was allegedly discovered in Belarusian pork. The source of the ASF has not yet been identified.
Leonid Zayats, Belarus agriculture minister
Belarus to export to Russia 390,000 tons of meat products in 2015 At a joint meeting, the Ministries of Agriculture of Russia and Belarus have agreed on the so-called trade balances. The Russian Federation insisted on increasing the supply of the majority of Belarus' agricultural products, primarily meat and milk. In 2015, Belarus will export to Russia 390,000 tons of meat, including pork, beef and chicken. This should bring Belarus more than $1 billion.
Belarus President against unequal conditions of work in light industry The Belarus President is alarmed by the situation in the light industry because of unequal conditions of work compared to individual entrepreneurs. Light industry simply cannot compete with goods imported from abroad by private businessmen. On March 17, the head of state visited the shopping and entertainment center Expobel. 
Alexander Lukashenko meeting with representatives of self-employed businessmen community
Self-employed businessmen in Belarus allowed to sell goods without certificates until January 1, 2016 On March 17, the head of state visited the shopping and entertainment center Expobel. Here Alexander Lukashenko personally talked with self-employed businessmen. Issues of regulation and development of certain types of businesses were later discussed at the meeting. The meeting brought together government officials, representatives of small and medium-sized businesses and entrepreneurial unions. All opinions were heard. Following the meeting, a compromise was reached.
Alexander Lukashenko meeting with representatives of self-employed businessmen community
Belarus' President advocates flexibility when solving self-employed businessmen's problems One needs to be flexible and apply purely economic mechanisms in solving the problems of self-employed businessmen. On March 17, the President held a meeting to discuss the development of certain types of business in Belarus. In 2014, Belarus adopted a decree that made businessmen provide documentary evidence of the acquisition of products sold. This was done to ensure additional protection of consumers and at the same time was considered a step towards the creation of equal conditions of economic entities' work.
David Hoffman, chief of IMF mission
IMF says first steps of updated Belarusian government encouraging The International Monetary Fund has said that the first steps of the Belarusian government updated are encouraging. This was said by head of the IMF mission David Hoffman on March 16. The organization's representative said that he supports the National Bank's intention to make the transition to a more flexible exchange rate and the tightening of monetary policy. According to him, it is necessary to tighten macroeconomic policy, including by controlling domestic demand.

16.03.2015

President reviews Belarus' Development Bank's operation in 2014 President Lukashenko met on March 16 with chairman of the Belarus Development Bank, Sergei Rumas, to discuss the support of small and medium-sized businesses, diversification of supply and the outcome of the bank's operation. Until now, this commercial organization remains the leader in terms of total profit, profit per employee and profitability. By the end of 2014, the assets of Development Bank increased by 33%. At the same time, the diversification of supplies today remains one of the main challenges.

15.03.2015

Vladimir Putin and Alexander Lukashenko
Belarus-Russia Union State’s budget for 2015: Joint projects During the Union State of Russia and Belarus discussion of space technologies at the National Academy of Sciences of Belarus (NASB), it was announced that Belarus is working on a new satellite. Its launching is expected no sooner than 2018.

12.03.2015

Belarus' High-Tech Park
High-Tech Park in Minsk: 137 residents, 21,000 specialists and 90% of products for export There are plans to launch the business incubator of the Park of High Technologies plans to launch before the end of April. It must become the biggest in post-Soviet space. The outcome of the work of the HTP was voiced on March 12. At present, the High-Tech Park is 137 resident companies and 21,000 professionals. Some 90% of the total amount of products is sold to foreign markets. And by the way, compared with the year 2014, the increase is 31%.
Business incubator at High-Tech Park by end of April 2015
Business incubator in Belarus' High-Tech Park by end of April 2015 There are plans to launch the business incubator of the Park of High Technologies before the end of April. It must become the biggest in the post-Soviet space. This was said on March 12 by director of Park Valery Tsepkalo. Construction and installation work has already completed and now furniture is being purchased. According to Valery Tsepkalo, the opening a business incubator is one of the main objectives of the Park in 2015. It will also expand its activities. This was made possible thanks to a decree signed by the head of state.
IMF approves $17.5 billion loan for Ukraine The International Monetary Fund has approved for a new $17.5 billion credit program for Ukraine. During 2015 Kiev will receive $10 billion, said IMF Managing Director Christine Lagarde. The current loan is part of a larger program of assistance to Ukraine of the IMF designed for four years. It totals almost $41 billion.
Andrei Kobyakov
Andrei Kobyakov visits Minsk enterprises March 11 Cost reduction, new markets and strong export capability. Prime Minister of Belarus, Andrei Kobyakov, visited Minsk enterprises on March 11. The Prime Minister visited both private and public sector organizations.  Directors of companies together sought a way out of a difficult situation. The situation in the industry has repeatedly been discussed at the presidential level. Alexander Lukashenko had earlier ordered to make quick decisions and warned of inadmissibility of receivables.

11.03.2015

Belarusian NPP director Andrei Barkun
Belarusian NPP construction: 15% completed Some 15 percent of the project to build the Belarusian nuclear power plant has been completed. This figure today announced by the customer of the project. The site in Astravets now employs more than three thousand builders. It is expected that this year delivery of the main equipment will begin, including the reactor vessels. Also, workers are erecting a training center. It will open in late 2015. It is designed for staff training.

10.03.2015

Alexander Lukashenko meets with Russia's Kursk region governor Official Minsk has always openly and honestly co-operated with Russia. This was underlined by Alexander Lukashenko at a meeting with the governor of the Kursk region, Russia. Now the delegation of the Russian region are in Belarus. Belarus and Kursk enterprises are united in a single production chain. Joint production of Belarusian trolleybuses has started in the Kursk region. There is a desire to expand industrial cooperation, too. 
Balarus' government
Balarus' government mulling over economic program for 2016-2020 The Council of Ministers on March 10 examined the concept of socio-economic development of Belarus until 2020. It is based on five pillars. For example, the regional development and support for innovations. However, experts still have a lot of questions and suggestions. The concept of the program will be further developed.
Belarusian enterprises to take part in construction of Kursk NPP Belarusian enterprises will take part in the construction of the Kursk NPP. This was said at the meeting of the joint working group of Belarus and the Kursk region. It is expected that Belarusian specialists will perform construction work on all types of networks and communications installations of the station. Also, members of the delegation signed a number of contracts. Among them are documents for the purchase of machinery of Belarusian production. In particular, they negotiated the purchase of heavy-duty trucks as well as tires for buses and tractors. 
Alexander Lukashenko: Official Minsk has always openly and honestly cooperated with Russia
Alexander Lukashenko: Official Minsk has always openly and honestly cooperated with Russia Official Minsk has always openly and honestly co-operated with Russia. This was stated by President Alexander Lukashenko at the meeting with the governor of the Kursk region Alexander Mikhailov. Now the Russian delegation is visiting our country. Despite the difficult economic situation, trade between Belarus and Kursk region grew and reached 250 million dollars. In mutual trade, there is the entire range of goods, from appliances to food. Dialogue with the leadership of the region is one of the most productive.
Belarus President questions effectiveness of forestry complex operation
Belarus President questions effectiveness of forestry complex operation The main focus is quality. The Belarus President hosted a meeting on 9 March on the improvement of the work of forestry ministry. The head of state reviewed a draft decree on the improvement of activities in this area. Quality of wood processing is among top priorities. This will provide a high added value. Modern wood processing enterprises mean additional export potential for Belarus. The upgrading of production facilities will help compete in the market and earn foreign currency.

08.03.2015

Alexander Lukashenko
Belarus' President meets with heads of major industrial enterprises The head of state discussed with factory directors the situation in Belarusian industry on March 6. This sector was the most susceptible to external adverse factors. Industry Ministry enterprises occupy one-fifth of the total industrial production in the country, more than half of it is exported. In recent years, they are seriously lagging behind. The President instructed to exclude red tape and make decisions quickly. Meetings on the economy have become regular. It helps to quickly solve problems.
Construction of Belarusian NPP 2 months ahead of schedule: Picture of the World's report from Astravets
Construction of Belarusian NPP 2 months ahead of schedule: Picture of the World's report from Astravets Joint interests of Belarus and Russia are extensive: from space to the atom. The construction of the Belarusian nuclear power plant is one of the major joint projects.
Why Uzbeks don't expect money from president and love Belarusian machinery?
Why Uzbeks don't expect money from president and love Belarusian machinery Elections in Uzbekistan will begin a year of political campaigns in the post-Soviet space and in Belarus' neighboring countries. In April, early presidential elections will be held in Kazakhstan. In Belarus, the presidential election takes place in November, according to the plan. The powers of the president of Latvia also end in 2015, but the president there is chosen by the sejm (parliament). And in May, Poland will elect its leader.

05.03.2015

Belarus' Premier visits several enterprises of Vitebsk on March 5 The Prime Minister of Belarus visited several Vitebsk enterprises on March 5. One of the most pressing issues was credit policy and the refinancing of plants. This production line of the Vitebsk enterprise Energokomplekt now produces cables of medium and high voltage. These cables are among the best in the world. During one year, more than 5,000 kilometers of wires comes off the assembly line.

04.03.2015

Piotr Vityaz, head of the Central Office of the National Academy of Sciences of Belarus
Belarus creating improved spacecraft Belarus is working on an improved spacecraft, representatives of the Academy of Sciences of Belarus told reporters on March 4 during the discussion of the Union State programs in the field of space technologies. It is difficult to say for sure when another Belarusian satellite will go into space. The relative length of its creation is three years. At the moment, scientists are conducting preliminary assessments of technical configuration of the aircraft and determining its effectiveness.
Effectiveness of Belarus-Russia Union State joint projects
Effectiveness of Belarus-Russia Union State joint projects During over 15 years of work in the framework of the Union State, Belarus and Russia have implemented many joint projects. The biggest of them is the project to create SKIF supercomputers. Another one is Union TV, thanks to which the domestic television industry has been restored.  Projects that start each year as part of the integration association of Belarus and Russia are designed to strengthen the security of the two countries and solve social and economic problems as well as develop science. 

03.03.2015

Belarusian individual entrepreneurs allowed to sell goods without documents, but taxes increase Belarusian individual entrepreneurs have been allowed to sell goods without documents but taxes will be increased. It is envisaged in the draft of the new decree regulating the activities in this area. The Ministry of Taxes and Duties notes that, according to the draft document, entrepreneurs retain the right to sell uncertified products. It is necessary, however, to pay a single tax using multiplying coefficients. The payment of VAT in fixed amounts will also increase. The draft decree will be signed in the near future.
Andrei Kobyakov (L) and Dmitry Medvedev (R)
Belarus and Russia enjoying good intergovernmental dialogue, Belarus' premier says On March 3, Moscow hosts a meeting of Prime Ministers of Belarus and Russia. According to Belarus' premier Andrei Kobyakov, today the two countries are enjoying good intergovernmental dialogue. This should help in boosting trade and economic relations.

01.03.2015

Insurance, travel services in Belarus only for rubles from 1 March 2015 From March 1, one will be able to pay insurance and travel services only using the national currency. From now on, only Belarusian rubles can be used for fuel at filling stations. This step by the National Bank is designed to minimize foreign currency settlements in Belarus. This should increase the confidence of the population and economic entities in the Belarusian ruble and protect the domestic consumer market.
Moldova's economic turmoil. Report of "Picture of the World" Do you know the difference between recession and economic crisis? Recession is when your neighbor loses his job. And when you have it all bad at home - this is a crisis. Apparently, Belarus is seeing a slight downturn. Crisis is raging in Ukraine.  This week, the hryvnia was depreciated to historic low. Moldova is also affected. We do not report on that country so often. And the last information peak fell on the last year's visit of President Lukashenko to Chisinau. By the way, Moldova is among the five main trade partners of Belarus. What's going on there?

26.02.2015

Belarus President holds large-scale meeting on socio-economic development
Belarus President holds large-scale meeting on socio-economic development Industrial development, export promotion and addressing of problems with inventory stocks. All these are challenges Belarus currently faces. On Feb 26 they were discussed again.  The government, governors and relevant officials discussed topical issues of socio-economic development.   Opening the meeting, the President notes that meetings in such a format will occur more frequently this year.  The updated Council of Ministers had time to fully understand the situation and make necessary changes. First of all, Alexander Lukashenko focuses on problematic issues. 
Former premier Mikhail Myasnikovich to supervise Belarus' economic growth On February 26, Alexander Lukashenko held a meeting on topical issues of socio-economic development. One of the main requirements of the President is that decisions on export diversification must be taken quickly. In general, he added, businesses need more flexibility when responding to external factors. Following the meeting, it was decided to set up a monitoring group, headed by Mikhail Myasnikovich. It will deal with the elaboration of specific measures that will contribute to the development and growth of the economy.
President Lukashenko: Despite progress in some areas, we don't see overall economic growth Industrial development, export promotion and addressing of problems with inventory stocks. These objectives were set by the Belarus President on February 26 at a meeting on topical issues of socio-economic development. The President stressed earlier that such meetings will be regular.
Republic of Komi officials on visit to Grodno region Cooperation between regions of Belarus and Russia is coming to a new level. Now business contacts will be established directly. This was announced on February 25 by members of the Government of the Republic of Komi (Russia), who visited Belarus' city of Grodno. Now the economic potential of the parties can not only increase the turnover, but also create joint ventures. Guests are planning to get familiar with the woodworking and tourist infrastructure in the region.

25.02.2015

Belarus amends agreement on first nuclear power plant construction The construction of the first and second power units of the Belarusian nuclear power plant is progressing according to schedule. This was said on February 25 in the Belarusian parliament. However, the deputies considered changes to the agreement on the construction of the station. The status of the customer as well as the function of the Belarusian and Russian sides have changed.
Government house
Premier Kobyakov: Economic policy may be mitigated in Belarus in H2 2015 The economic policy may be mitigated in Belarus in the second half of this year, said Belarus' Prime Minister Andrei Kobyakov at a meeting of the sixth session of the House of Representatives.  Timely payment of wages to public sector workers is not questioned. Mr Kobyakov presented the program of the Government's activities to the members of parliament.
UAE eager to invest in industry, education, tourism in Belarus Industry, education and tourism are the areas in Belarus that are attractive to businessmen from the United Arab Emirates, said the UAE's Minister of Economy during a business briefing in Minsk, which discussed joint projects and further collaboration between the two states. In addition, forum participants got acquainted with new investment opportunities in Belarus, including in the industrial park "The Great Stone", which is a Chinese-Belarusian joint project.

24.02.2015

Belarus considers UAE priority economic partner in the Middle East
Belarus considers UAE priority economic partner in the Middle East Belarus considers the United Arab Emirates as a priority economic partner in the Middle East, said Prime Minister of Belarus Andrei Kobyakov at a meeting on 24 February with Minister of Economy of the United Arab Emirates. The Premier emphasized that Belarus is ready to do everything so that businessmen from that Arab country can work comfortably here.  

22.02.2015

What can make Belarusian medicines more popular?
What can make Belarusian medicines more popular? President Lukashenko on Friday dedicated a meeting to the topic of Belarusian medicines. Belarus started to produce its own drugs in large quantities to replace imports and earn currency in neighboring markets. How does this happen and what can come of it? Anastasia Ivannikova found out. What is "Today and Tomorrow" of Belarusian pharmaceuticals? Belarus supplies about 40% of domestic drugs to foreign markets. Our main customers are the countries of the former Soviet Union and even the United States.

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