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14.04.2017

Russia increases oil supplies to Belarus
Russia increases oil supplies to Belarus Russia has increased its oil supplies to Belarus. On April 14, the Belarus and Russia started the implementation of the agreements reached in Moscow yesterday. Belarus will receive 24 million tons of oil in 2017.
Belarus and China to jointly produce dump trucks
Belarus and China to jointly produce dump trucks The dynamically developing relations with China is an example of mutually beneficial cooperation. Now the two countries will produce dump trucks together. There are plans to build a factory in China. New facets of cooperation were discussed during the visit of a delegation from China to BelAZ. The sides discussed several joint projects, including the supply of Chinese high-tech components for Belarusian heavy trucks. They will be manufactured by a company that holds a leading position in the world in the production of rail equipment and high-speed trains.
Belarus to sign next oil deal with Russia by July 1, 2019
Belarus to sign next oil deal with Russia by July 1, 2019 Minsk and Moscow have finally settled all issues in the oil and gas sector. Vice Premier of Belarus Vladimir Semashko and Russian Energy Minister Alexander Novak signed on 13 April protocols that make changes to the previous agreements. According to the documents Belarus will every year receive from Russia 24 million tons of oil, of which 18 will be used for recycling.
What will be discussed at EEU meeting in Bishkek?
What will be discussed at EEU meeting in Bishkek? Belarus board No1 landed in the international airport in Bishkek. Belarus President Alexander Lukashenko, who is on a working visit in Bishkek, will take part in the meeting of the Supreme Eurasian Economic Council. Security issues are also on the agenda. This question will be discussed during the informal meeting of heads of CSTO member states.

13.04.2017

MPs of Belarus and Poland discuss regional cooperation
MPs of Belarus and Poland discuss regional cooperation Cooperation between regions of Belarus and Poland in the economic area has great potential, said the Polish parliamentary group who met with Belarusian colleagues on April 13. The Polish delegation is visiting Belarus and have already inspected several joint ventures in the Grodno region. All in all, 350 joint ventures with Polish capital operate in Belarus. And this number is growing.
Belarus can supply more dairy products to Hunan province
Belarus can supply more dairy products to Hunan province Belarus can increase the supply of food products to the Chinese province of Hunan, stated on April 13 Belarus President Alexander Lukashenko at a meeting with the Secretary of the Committee of the Communist Party of China in Hunan Province, Du Jiao. The region has developed agriculture, mining and steel industry. In accordance with the agreements concluded earlier, the Chinese province is closely cooperating with the Mogilev region of Belarus.
Belarus to liberate business initiative: draft decrees submitted for public discussion
Belarus to liberate business climate: draft decrees submitted for public discussion Simplify doing business conditions and improve control in Belarus are the goals of the country in the nearest future. A package of relevant documents has been submitted for public discussion. This is the initiative of the Belarus President.
Kommersant newspaper: Russian General Prosecutor's Office demands to dismiss Rosselkhoznadzor leadership
Kommersant newspaper: Russian General Prosecutor's Office demands to dismiss Rosselkhoznadzor leadership Russian Prosecutor General's Office is calling for the resignation of the leadership of the sanitary watchdog Rosselkhoznadzor, reads newspaper "Kommersant" which cites its own sources. According to the newspaper, the Prosecutor General's office found that the agency under the supervision of Sergey Dankvert systematically violated the rights of entrepreneurs, and sometimes the law. Rosselkhoznadzor created "an additional burden on business", that is, carried out inspections on trumped-up reasons.
Alexander Lukashenko to take part in Supreme Eurasian Economic Council meeting in Bishkek
Alexander Lukashenko to take part in Supreme Eurasian Economic Council meeting in Bishkek Belarus President Alexander Lukashenko will take part in the meeting of the Supreme Eurasian Economic Council. It will be held in Bishkek on April 14. The President will travel to the Kyrgyz Republic on a working visit on April 13. The presidents are expected to discuss the implementation of the main directions of the international activity of the Eurasian Economic Union and key macroeconomic policy targets. Particular attention will be paid to economic cooperation with third countries.
Alexander Lukashenko signs Customs Code of Eurasian Economic Union
Alexander Lukashenko signs Customs Code of Eurasian Economic Union According to the press service of the Belarusian leader, Alexander Lukashenko has signed a package of documents on the development of Eurasian integration.  It includes an agreement on the Customs Code of the Eurasian Economic Union, which is aimed at further convergence and the growth of trade between the Eurasian Economic Union and the international community.

12.04.2017

President Lukashenko: Professionals and great specialists won't fall down from the sky
President Lukashenko: Belarus is liberalizing business climate for economic growth After visiting JSC Rechitsadrev, Alexander Lukashenko traditionally talked to the employees of the plant. The future of Belarus and the development of small towns, salaries, personnel policy and public security were discussed. People also asked about visa cancellation, not only from Belarus’ side but about reciprocal steps from other countries.

11.04.2017

Alexander Lukashenko: We will liberate business initiative completely
Alexander Lukashenko: We will liberate business initiative completely Drastic decisions concerning business liberation are expected in Belarus. A set of important statements was made by Belarus President during his working visit to Gomel region, where he talked to the employees of JSC “Rechitsadrev”. At the plant Alexander Lukashenko got acquainted with the modernization process. Essentially, a unique production was established in the district center, new working places were created. As Alexander Lukashenko emphasized, everyone in Belarus will be given the opportunity to earn money from this time onwards.
Vladimir Andreichenko to hold talks with Pakistan’s President and Prime Minister
Vladimir Andreichenko to hold talks with Pakistan’s President and Prime Minister Commodity circulation of one billion dollars and the development of commercial and economic relations between Belarus and Pakistan are to be discussed on April 11, 2017 in Islamabad. The parliamentary delegation is led by Vladimir Andreichenko, Chairman of the House of Representatives of the Belarus parliament, he will hold talks with Mamnoon Hussain and the Prime Minister of Pakistan, a series of meetings is planned in the parliament.
Minsk Region products presented in Moscow
Minsk Region products presented in Moscow One of the recent sanctions campaigns of the government Russian product lobby has been a ban on Minsk Region meat products. The region demonstrated Moscow its potential after the meeting of Belarus and Russia Presidents. All the products presented in Moscow are to everyone’s taste. They say every man to his taste. However, when it goes about the taste of Belarusian products on Russian soil, this set expression is going out of fashion.
Belarus and Hungary intend to improve cattle genetics
Belarus and Hungary intend to improve cattle genetics Belarus and Hungary intend to implement several major projects in pharmaceuticals and agriculture. Minsk is hosting a joint business forum on April 11. It is attended by representatives of a dozen major companies. Guests from Budapest are interested in cooperation with Belarusian businessmen. One of the most promising projects is in the field of agriculture. The sides would like to breed cattle with improved genetics.
President praises agricultural practices of Gomel region
President praises agricultural practices of Gomel region The agricultural practices of the Gomel region should become an example for the whole country, said the President of Belarus on April 11. Alexander Lukashenko's working trip to the region began on the fields of the Istok farm in the Rechitsa district. In the Gomel region, half of the areas have been tilled. Corn sowing has started. The unprecedented early terms are due to the weather. Belarus does not have problems with fuel and nitrogen fertilizers. At the same time, the head of state urged the agrarians to discipline and asked to save resources.

10.04.2017

Belarus parliamentary delegation visiting Pakistan
Belarus parliamentary delegation visiting Pakistan Belarusian days started in Pakistan on April 10. The first bilateral agricultural forum will be held there. Taking part in the event will be more than one hundred companies. Belarusian producers will present products that they plan to deliver to that country. The Belarusian delegation includes representatives of government and business circles.
Belarus completing WTO accession talks with South Korea
Belarus completing WTO accession talks with South Korea Belarus will enlist the support of South Korea in a bid to join the World Trade Organization. Closer cooperation between Minsk and Seoul was the key topic of talks at the Ministry of Foreign Affairs of Belarus today. A meeting of businessmen of Belarus and South Korea is also underway these days in the Belarus capital. The businessmen have already expressed readiness to organize the supply of medicines and medical devices to the market of East Asia. At the forefront are services and investments.

07.04.2017

Alexander Lukashenko signs decree on apartment leasing
Alexander Lukashenko signs decree on apartment leasing Belarus has formed legal conditions for the leasing of houses and apartments. The corresponding decree has been signed by Alexander Lukashenko. First of all, the document aims to protect citizens. Those who concluded a lease agreement retain the right to be registered as persons in need of better housing conditions.

06.04.2017

900 million rubles to be spent on thorough road repair in Belarus
900 million rubles to be spent on thorough road repair in Belarus On April 5, the Belarus head of state raised a question of the quality and repair of regional highways and rural roads. The Belarusian leader outlined that our people are not used to driving on bad roads. Although highways in Belarus are up to the mark, the condition of local roads is problematic.
Belarus President gives interview to TV and radio company Mir
Belarus President gives interview to TV and radio company Mir The functioning of the Belarus-Russia Union State, CSTO, CIS reforms and methods of combating terrorism were the major topics touched on by Aleksandr Lukashenko in an interview to the interstate TV and radio company Mir. During the open and frank conversation, the President shared his vision of the further development of integration associations. Alexander Lukashenko in detail told Mir about the state and prospects of the Belarusian-Russian relations. First of all, he spoke on the trade and economic cooperation.
Belarus wants to double number of small and medium-sized businesses
Belarus wants to double number of small and medium-sized businesses By 2030, the share of small and medium-sized businesses should be doubled in Belarus. Business support measures were discussed in the Grodno region on April 5. Representatives of the Ministries of Economy, Labor and Social Protection, as well as Architecture and Construction met with the heads of districts and local businessmen to discuss the creation of jobs, wage growth and investment.

05.04.2017

Kiev to buy 80 trolleybuses and 100 buses from Belarus
Kiev to buy 80 trolleybuses and 100 buses from Belarus Belarusian technologies gained the affection of Kiev city administration authorities. The mayor of Kiev personally tried out some of the models. The presentation of machinery, which is used for clearing territories, in building, community and road facilities, was held with a view. Kiev authorities have already given notice that they intend to buy 80 trolleybuses and 100 buses in Belarus. European standards, the price, reliability and quality of Belarusian machinery bribes the buyers.
Belarusian scientists develop about 70 new forms of fertilizers
Belarusian scientists develop about 70 new forms of fertilizers Belarusian scientists have developed about 70 new forms of fertilizers. They can be used for all crops which are cultivated in the country. Feeding increases soil fertility. By the way, it has increased in the last eight years, and it makes the harvest more resistant to weather changes. The aim of all these measures is to harvest as much as possible from each hectare of land.
2.5m hectares for 2017 sowing season
2.5m hectares for 2017 sowing season Belarusian scientists developed about 70 new kinds of fertilizers. They can be used for all the crops which are cultivated in Belarus. Fertilization increases the crop-producing power of land. By the way, in the last eight years it increased and made the harvest more resistant to weather changes. All the measures are directed at colleting the maximum amount of harvest from one hectare of land.
Belarus to improve local roads in 3-4 years
Belarus to finish improving local roads in 3-4 years Local roads must be improved in three-four years, while governors will be in charge of this process. On April 5, the head of state raised the issue of the quality and repair of highways of regional scale and rural roads. The Belarusian leader emphasized that Belarusians are not accustomed to traveling on bad roads. And while motorways in the country are at an appropriate level, the situation with local roads raises concern.
Belarus hopes Russia will lift food export restrictions in April
Belarus hopes Russia will lift food export restrictions in April Belarus expects the restrictions on products delivery to Russia to be lifted as early as this month, Agriculture and Food Minister Leonid Zayats said on the 4th of April 2017. The Russian sanitary watchdog, Rosselkhoznadzor (FSVPS), may recheck the Belarusian enterprises under sanctions at the beginning of April. The Belarussian enterprises under restriction are to be checked up according to the agreements between the presidents of Russia and Belarus.

04.04.2017

Belarus’ hydropower plant project attracts Slovak businessmen
Belarus’ hydropower plant project attracts Slovak businessmen The hydropower plant project, which was developed in Vitebsk region, attracted Slovak businessmen. The energy sector is one of the top priorities of joint cooperation. The Belarus-Slovakia business forum is being held in Minsk. Businessmen are discussing possibilities of extending bilateral cooperation. As many as 20 representatives of Slovak plants are taking part in the forum.
Andrei Kobyakov: Belarus interested in partnership with Kenyan businessmen
Andrei Kobyakov: Belarus interested in partnership with Kenyan businessmen On April 4, the Belarusian government met with the chairman of the board of directors of the Kenyan Sameer Group. Today, this region of East Africa is a rapidly growing market. In this regard, Belarus is ready to offer its advanced technology, equipment and services. It can be a help both in agriculture and the construction of local infrastructure or environmental issues. Belarus is also interested in shipping to the region dairy products, canned food, baby food and other products.
Russia to refinance Belarus' debts
Russia to refinance Belarus' debts Russia will refinance the debt of Belarus and help with the funds of the Eurasian Foundation of Stabilization and Development. First Deputy Prime Minister of Belarus Vasily Matyushevsky told reporters about the agreement reached during the meeting between Alexander Lukashenko and Vladimir Putin on April 3.

02.04.2017

CIS Plenipotentiaries Council and Commission on Economic Affairs meet in Minsk March 30
CIS Plenipotentiaries Council and Commission on Economic Affairs meet in Minsk March 30 A joint meeting of the CIS Plenipotentiaries Council and the Commission on Economic Affairs was held in Minsk on March 30, 2017. The participants did not only compare notes on the key issues, but formed a draft agenda of the upcoming CIS Heads of State Council summit. The meeting will be held in Kazan at the end of May. The document contains issues concerning cooperation in the innovation sector, provisions of transport security, the usage of nuclear power for peaceful purposes, and the training of specialists in geodesics, cartography, Earth’s remote sensing.

01.04.2017

Alexander Moshensky: Belarusians lack fair share of ventures to be great nation
Alexander Moshensky: Belarusians lack fair share of ventures to be great nation Alexander Moshensky, director general of the Santa Impex Brest company, took part in the TV program Simple Questions with Egor Khrustalev.
Alexander Moshensky about ideal team for successful business
Alexander Moshensky about ideal team for successful business Alexander Moshensky, director general of the Santa Impex Brest company, took part in the TV program Simple Questions with Egor Khrustalev. There are many models and opinions of how management should be established. What do you think, what is the optimal number of people in a team?

31.03.2017

Alexander Lukashenko, Gurbanguly Berdimuhamedov launch Garlyk Mining and Processing Plant
Alexander Lukashenko, Gurbanguly Berdimuhamedov launch Garlyk Mining and Processing Plant Turkmenistan can become the flagship of potash production in the Central Asian region. Alexander Lukashenko and Gurbanguly Berdimuhamedov launched the Garlyk mining and processing plant on March 31. Belarus and Turkmenistan have implemented this large-scale project together. The capacity of the plant is up to 1.5 million tons per year. Its cost is about $1 billion.
150 Japanese businessmen to visit Belarus in summer 2017
150 Japanese businessmen to visit Belarus in summer 2017 Belarus and Japan are forging business dialogue. In the summer of 2017, 150 business leaders of Japan will visit Belarus. First of all they are interested in Belarus' experience in agriculture, high technology and instrumentation. The Japanese partners would like to find out more about pre-school education in Belarus.
Belarus' refinancing rate down to 14% from April 19
Belarus' refinancing rate down to 14% from April 19 The National Bank decided to reduce the refinancing rate for the fourth time this year. Starting April 19, the figure will be 14%.  Thus, the regulator notes a decrease in inflation and the stability of the currency market.  It is expected that the rate change will positively influence the banking system and the ordinary citizens thanks to reduced interest on loans.
Premiers of Belarus and Russia discuss oil and gas issues
Premiers of Belarus and Russia discuss oil and gas issues Belarus and Russia premiers Andrei Kobyakov and Dmitry Medvedev are trying to find a solution to problems in the energy sector. The heads of government of the two countries held talks on March 30 in Gorki near Moscow. Thus, the prime ministers are hoping to unload the agenda of the upcoming meeting of the presidents of Russia and Belarus on April 3. The sides touched upon the difficult but important questions. In particular, the dynamics of trade and economic relations, as well as the long-running dispute over the energy supplies to Belarus.

30.03.2017

Garlyk mining and processing plant to be officially launched March 31
Garlyk mining and processing plant to be officially launched March 31 The Belarus-Turkmenistan partnership has become strategic in recent years. The prospects of cooperation will be discussed on March 30 by the two countries' presidents. Alexander Lukashenko will hold talks with his counterpart Gurbanguly Berdymukhamedov. In addition, on March 30, a new complex of buildings of Belarus embassy will open in the capital of Turkmenistan. It is expected that the two leaders will take part in the opening ceremony. On Friday, the heads of state will launch the Garlyk mining and processing plant.

29.03.2017

Belarus participates in Expo Fine Food 2017
Belarus participates in Expo Fine Food 2017 Belarusian products in Shanghai. Belarus is taking part in the international food exposition Expo Fine Food in China for the first time. All in all ten leading plants are representing Belarus. Chinese gastronomes are amazed by Belarusian chocolate, biscuits, marshmallows and rye beer (mildly alcoholic drink made from fermented rye bread, yeast or berries).
Belarus-Pakistan business forum held in Minsk
Belarus-Pakistan business forum held in Minsk Pakistan is interested in establishment of joint light industry plants together with Belarus. The conditions of cooperation are discussed by business circles at the business forum in Minsk. As many as 50 representatives of textile plants from Pakistan came to Belarus. An official delegation from the Panjab province government came as well. A package of documents is planned to be signed after the negotiations.
Belarus to help Egypt, Sudan in water extraction
Belarus to help Egypt, Sudan in water extraction Belarusian geologists will help Egypt and Sudan in the drilling of wells for water extraction. Negotiations are now underway on what sites to select for drilling. The works will start already in 2017. The project is estimated at tens of millions of dollars. Experts are now purchasing suitable equipment for exploration and drilling of deep-water wells for groundwater extraction.
Alexander Lukashenko meets with World Bank Vice-President
Alexander Lukashenko meets with World Bank Vice-President A new strategy of partnership between Belarus and the World Bank was discussed on March 29 at the Palace of Independence. Emphasis is made on projects in the field of housing, energy and the development of the digital economy. The Belarus President met with top managers of the World Bank, which is one of the most respected organizations in the international arena. Cooperation with Belarus has intensified in the last seven years. Currently, the portfolio consists of 9 loans and 4 grants totaling almost $1 billion.
Belarus, World Bank launch seven projects totaling $650 million
Belarus, World Bank launch seven projects totaling $650 million Belarus and the World Bank have begun to develop a new partnership strategy. Details were discussed March 28 in talks with the delegation of this international organization. The World Bank provides financial and technical assistance to developing countries. The WB cooperates with Belarus thanks to a broad portfolio of joint projects. According to experts, these projects are among the most effective, when compared with similar programs in other states.
Belarus-Korea IT Cooperation Center opens in Minsk
Belarus-Korea IT Cooperation Center opens in Minsk The Belarusian-Korean center of cooperation in the field of information technologies opened in Minsk. In the near future, it will launch three pilot projects, including the development of a paperless trading system. The latter allows improving the efficiency of transactions both domestically and in the Eurasian Economic Union market.

28.03.2017

Garlyk plant to produce 1.5 million tonnes of potash fertilizers annually
Garlyk plant to produce 1.5 million tonnes of potash fertilizers annually The Garlyk mining and processing plant. All the stages of construction and perspectives and other issues as well were discussed by Belarus President Alexander Lukashenko and Chairman of the Council of the Republic National Assembly of Belarus Mikhail Myasnikovich on March 28, 2017. The construction of the Garlyk mining and processing plant in Turkmenistan
President Lukashenko: Garlyk plant construction shows the world Belarus' capabilities
President Lukashenko: Garlyk plant construction shows the world Belarus' capabilities The construction of the Garlyk mining and processing plant in Turkmenistan is a strong statement to the world about Belarus' capabilities, said the President March 28 meeting with the head of the Upper House of the Belarus Parliament.
Vitebsk hydroelectric power station, biggest in Belarus, launched in test mode
Vitebsk hydroelectric power station, biggest in Belarus, launched in test mode The most powerful in Belarus, the Vitebsk hydroelectric power plant has been launched in test mode. Specialists are now checking all of the equipment. It is able to withstand the most severe stresses giving consistently good results.  During the year, the station will produce 138 million kilowatt-hours of energy. This is enough to meet the energy needs of all the Vitebsk region and part of the Vitebsk city. Clean energy of the HPP will save tens of millions of dollars.
Mikhail Myasnikovich meets with PACE president Pedro Agramunt
Mikhail Myasnikovich meets with PACE president Pedro Agramunt The preparation of the fourth Forum of Regions of Belarus and Russia was discussed on March 27 in St. Petersburg. It is expected that it will be held in Moscow in June 2017. The subject of the future meeting are high technologies and innovations. Head of the upper chamber of the Belarusian parliament, Mikhail Myasnikovich discussed the details of the upcoming forum with his Russian counterpart Valentina Matviyenko and the mayor of St. Petersburg Georgy Poltavchenko.

27.03.2017

Belarus moving rapidly in business environment rankings, Aleksandr Pivovarsky says
Belarus moving rapidly in business environment rankings, EBRD's Aleksander Pivovarsky says The European Bank for Reconstruction and Development is ready to finance the creation of new enterprises. Last week, one of the leaders of the bank met in Minsk with the Belarusian President. The head of the bank's representative office in Belarus Aleksander Pivovarsky told our correspondent Yana Shipko about the plans and intentions of the bank.
Ordinance number 3, new jobs and salaries. Main topics of President Lukashenko's working visit to Mogilev region
Ordinance number 3, new jobs and salaries. Main topics of President Lukashenko's working visit to Mogilev region President Lukashenko spoke on employment and new jobs created with the participation of foreign capital in Belarus during his working visit to the Mogilev region. Yulia Beshanova has more on the story. Communication with labor collectives is an integral part of the President's working trips. Issues that interest people are better that official reports in that they speak about the situation in the country in the best way. What worries ordinary Belarusians? Perhaps the most debated document in the country is ordinance number 3 on social dependency.

25.03.2017

China interested in Belarus’ food products
China interested in Belarus’ food products Belarusian business at the Canton Fair. On March 23, 2017 the Belarusian Chamber of Commerce and Industry discussed the possibility of exhibiting Belarusian products at the largest trading forum of China. The Canton Fair gathers hundreds of thousands of visitors from all over the world annually. The next fair will be opened on the 15th of April, 2017.
Belarus President meets with Lithuanian investor in Belarus' poultry industry
Belarus President meets with Lithuanian investor in Belarus' poultry industry Help people find jobs and provide decent wages were the main instructions the Belarus President gave on March 24 during his working trip to the Grodno region. The Head of State also spoke about

24.03.2017

Alexander Lukashenko: We need to offer all people a job by May 1
Alexander Lukashenko: We need to offer all people a job by May 1 To help people find work and to hit the country’s average salary of BYN 1,000 were the orders given by the Belarus President, Alexander Lukashenko, during a working trip to the Grodno region on 24 March. The head of state focused on the beginning of the sowing campaign in Belarus and in the region. Speaking about spring field work, the President demanded to cultivate crops only using fertilizers. By the way, the head of state was shown Belarusian equipment for applying mineral and organic substances.

23.03.2017

Alexander Lukashenko: Belarus' relations with Pakistan fruitful
Alexander Lukashenko: Belarus' relations with Pakistan fruitful Belarus traditionally appreciates the friendship with Pakistan, reads the congratulatory message of Alexander Lukashenko to the President and the Prime Minister of the Islamic Republic on the occasion of Pakistan Day. The Belarusian head of state noted that thanks to the joint efforts the relations are developing fruitfully serving as a solid foundation for the growth of the welfare of the peoples of both countries.
Iranian oil to be processed at Mozyr Oil Refinery
Iranian oil to be processed at Mozyr Oil Refinery A tanker carrying Iranian oil to Belarus has arrived in the port of Odessa. On board is about 80,000 tons of black gold. This hydrocarbon consignment is intended for processing at Belarusian plants. Already this week the cargo will arrive at the Mozyr Oil Refinery. Belarus started to search for alternative ways for oil supply after Russia cuts supplies in connection with a price dispute. President Alexander Lukashenko instructed to find alternative sources of oil in January 2017.

22.03.2017

Belarus' government increases accommodation funding in 2017
Belarus' government increases accommodation funding in 2017 As many as BYN 50 million more. Belarusian government allocates extra funds for home loans with state aid. According to the decision made by the Council of Ministers of the Republic of Belarus, the money will go towards building panel tower-blocks, which must be constructed in 2017. Those who are in need of improved housing conditions will be able to take loans at interest, which has been decreased by half of refinancing rate.
Simplified measures for business in Belarus
Simplified measures for business in Belarus Small businesses are more confidently occupying places in public services sector. Independent entrepreneurs have occupied the market by two thirds already. As many as 6,000 new businesses were set up in 2016, but the question of service availability still remains topical, especially in rural areas. That’s why measures are being undertaken, which will simplify the process of setting up and developing business for entrepreneurs.
Belarus government allocates funds for state aid home loans
Belarus government allocates funds for state aid home loans As many as BYN 50 million more. Belarusian government allocates funds for home loans with state aid. Those who are in need of improved housing conditions will be able to take loans at interest, which has been decreased by half of refinancing rate. According to the decision made by the Council of Ministers of the Republic of Belarus, the money will go towards building panel tower-blocks, which must be constructed in 2017.
Belarus presents unmanned vehicles at LIMA'17 exhibition
Belarus presents UAVs at LIMA'17 exhibition Belarus has presented a series of UAVs in Malaysia. This is the first time Belarus has been represented at the region's largest military equipment show. Belarusian enterprises have brought the most popular models of weapons. The Belarusian stand occupies 100 m2 and features modern radar, optical and electronic products and also some devices. On the first day of the show alone, Belarusians held talks with representatives of nearly a dozen countries.
President Lukashenko predicts IT breakthrough in Belarus
President Lukashenko predicts IT breakthrough in Belarus Investment opportunities, Belarus’ IT sector and science were among the major issues on which the Belarusian President commented visiting the Mogilev Region on March 21.
Belarus President: Decree on social dependency has not been cancelled
Belarus President: Decree on social dependency has not been cancelled Fair pricing, implementation of decree on social dependency, attempted armed breakthrough on the Belarusian-Ukrainian border and the fifth column in Belarus. The Belarusian President commented on these issues during the visit to the Mogilev Region on March 21.

21.03.2017

President Lukashenko visits Kronospan OSB in Mogilev
President Lukashenko visits Kronospan OSB in Mogilev Belarus President Alexander Lukashenko was on a working visit to the Mogilev region. The Head of State visited the free economic zone where about 40,000 residents work today. He also visited the company Kronospan, where wood boards are produced. This is where Alexander Lukashenko was reported about the social and economic situation of the entire region. There isn’t a plant like this anywhere else in Belarus. The uniqueness is in the plant’s product. Oriented structural boards are produced there. The only producer in Belarus and the largest in the world.
Pricing, employment and salary are basic tasks for Mogilev region, President Lukashenko says
Pricing, employment and salaries are basic priorities for Mogilev region, President Lukashenko says Foreign investment should be brought into the country taking into account public interests, said Alexander Lukashenko during his working trip to Mogilev region March 21. The President visited the free economic zone Mogilev, where about 40 residents are currently working.In particular, the company Kronospan where chipboards are made. For six years, the owner has invested nearly a billion dollars in the Belarusian companies. The region plans to further attract foreign capital.
Belarus' President visiting Mogilev region March 21
Belarus' President visiting Mogilev region March 21 Alexander Lukashenko is on a working visit in the Mogilev region on March 21. The head of state will get acquainted with the socio-economic development of the region and readiness of fields to spring sowing.

20.03.2017

Belarus' Ministry of Taxes and Duties: business inspections reduced by 10%
Belarus' Ministry of Taxes and Duties: business inspections reduced by 10% More independence to business. In 2016 alone the number of inspections by tax offices reduced by 10%. It was stated in the Tax and Duties Ministry of the Republic of Belarus. All in all tax inspectors checked on only 15,000 private businesses in 2016. Additional measures to decrease tax burden on small businesses are now being developed.

17.03.2017

International Consulting Institution to be established in Belarus
International Consulting Institution to be established in Belarus An International Consulting Institution will be established in Belarus. In some way it acts as a mediator between the tax payer and the tax office. It was announced by the relevant agency on March 16, 2017. The law project is now being developed there. It will be possible to find a specialist on the website of the Tax and Duties Ministry in the future.
Amendments to Decree No3 to be defined by April 1, 2017
Amendments to Decree No3 to be defined by April 1, 2017 Suggestions to amend Decree No3 will be defined by April 1, 2017. This was stated by the Taxes and Duty Ministry of the Republic of Belarus. The Ministry of Labor and Social Protection is working on the issue as well. It is planned that the number of tax payers will be cut down on and actions regulating the order for returning the tax levy will be taken. Then the mechanism of returning the already paid taxes to the payers will be known. Under the condition that they find an official job in 2017.
Belarus could help Kazakhstan in third stage of modernization
Belarus could help Kazakhstan in third stage of modernization Belarus could be useful for Kazakhstan in terms of the third stage of the republic's modernization, said the Belarusian Premier on March 16 meeting with Kazakh parliamentarians.  Andrei Kobyakov stressed that Belarusian specialists have good experience in industries such as logistics, high technology, aerospace and mechanical engineering. Andrei Kobyakov, Prime Minister of the Republic of Belarus:We have good plans for the joint assembly of dump and municipal equipment based on MAZ technologies.
Alexander Lukashenko meets with Governor of Stavropol Krai
Alexander Lukashenko meets with Governor of Stavropol Krai Belarus and Stavropol Krai are open to dialogue on innovative technologies and cooperative ties in industry and construction.  The governor of this Russian region met with Belarus President Alexander Lukashenko at the Palace of Independence on March 16. At the end of 2016, the mutual trade turnover exceeded $140 million and increased by 9% compared to 2015.
Belarus President meets with IMF mission head Peter Dohlman
Belarus President meets with IMF mission head Peter Dohlman Prospects of cooperation between Belarus and the International Monetary Fund were discussed in Minsk on March 16. Alexander Lukashenko met with the head of the IMF mission in the country by Peter Dohlman. At the moment, consultations continue with this financial organization. Experts point out that the budget for 2017 meets the requirements for the start of the new joint program.

16.03.2017

Belarus may adopt market model of unemployment insurance
Belarus may adopt market model of unemployment insurance The market model of unemployment insurance may be introduced in Belarus. The proposal comes from the Ministry of Labour and Social Security. Thus, people who lose their jobs will be able to count on a high allowance during the first six months. Payouts are supposed to equal 60% of the average salary at the last job the person had.
Trade, IT sector and agriculture: Belarusian parliamentarians meet with Kazakh counterparts
Trade, IT sector and agriculture: Belarusian parliamentarians meet with Kazakh counterparts Parliamentarians of Belarus and Kazakhstan intend to actively restore goods turnover between the two countries. On March 16, the Belarusian parliamentarians met with Kazakh colleagues in the House of Representatives. Thus the two sides agreed to step up work on exchange of experience in the legislative sphere. In particular, the guests are interested in Belarusian developments in the agro-industrial complex and IT sector. However, the main topic of the conversation was trade and economic relations.
Kazakhstani MPs to discuss new projects with Belarus in Minsk
Kazakhstani MPs to discuss new projects with Belarus in Minsk The creation of joint Belarusian-Kazakh industries and new projects in economy will be discussed during the visit of a parliamentary delegation of Kazakhstan to Belarus. The guests have already arrived at Minsk national airport. The representatives of that Asian country are going to have a busy visit program. First of all they will with Belarusian government officials and counterparts from the parliament of Belarus. 

15.03.2017

European Bank for Reconstruction and Development to strengthen its financial presence in Belarus
European Bank for Reconstruction and Development to strengthen its financial presence in Belarus The European Bank for Reconstruction and Development is to strengthen its financial presence in Belarus. This is one of the major investors which has activated cooperation with Belarus in the last couple of years. As many as 200 million euros are invested annually. The Bank finances major projects in the sphere of housing and utility services. One of the brightest examples of cooperation is the organization Stadler production, Fast Light Innovative Regional Trains.
OECD helping Belarus improve business climate
OECD helping Belarus improve business climate Improving the business climate and the competitiveness of private enterprises. An expert review project to support small and medium-sized businesses was presented on March 15 in Minsk. The reforms aiming to make life easier for entrepreneurs are included in the roadmap. The recommendations developed by the Organization for Economic Cooperation and Development are divided into nine blocks.
Refinancing rate in Belarus is now at 15%
Refinancing rate in Belarus down to 15% The refinancing rate is again reduced in Belarus. From March 15, it becomes 15%. This is the third decline in the interest rate since January 2017. Thus, the National Bank notes the stability of the foreign exchange market of Belarus.  It is expected that loans will become cheaper in the future. Furthermore, deposits denominated in Belarusian rubles may become more attractive. It should be noted that last time the exchange was at 15% back in 2005.

14.03.2017

Belarus government report on 2016 results to be presented
Belarus government report on 2016 results to be presented The tendencies of Belarusian Economy will be the main subject of the upcoming government’s report. A serious dialogue is planned for the next two weeks, and the preparation for the dialogue was discussed at Belarus President’s meeting on March 14, 2017.
Deputy of Belarusian National Assembly about Decree No3 On Preventing Freeloading Practices
Belarusian MP: We are not yet ready for market economy Deputy of the House of Representatives of the Belarusian National Assembly Valery Borodenya answered the questions about Decree No3 On Preventing Freeloading Practices. This legal act aims to engage able-bodied persons in labor and to ensure that they take part in the financing of public spending. Valery, you took part in several panels where the cases of some people affected by the Decree were examined. In which situations can this legal act be executed? And why isn’t this document working properly?
Belarus may export MAZ buses to Israel
Belarus may export MAZ buses to Israel Belarus hopes to increase investment and trade with Israel. This matter was discussed in Minsk at a meeting of the joint trade and economic cooperation committee. Last year, Belarus-Israel trade amounted to $93 million and this is not the limit. Belarus sells to Israel building materials, metal casting products and food. Israel exports to Belarus drugs, herbicides and technological equipment. Special attention is paid to co-promotion of manufactured goods to the markets of third countries.
Prokopenya: Belarus will be among the first countries to support unmanned vehicles
Prokopenya: Belarus will be among the first countries to support unmanned vehicles The IT sector in Belarus will receive further support from the state under the condition of honest and transparent business, said President Alexander Lukashenko while visiting companies successfully working in the field of high technologies in Minsk. The head of state was presented a project of the so-called augmented reality. It is a unique application that allows you to recognize human emotions and accompany them with graphics.

13.03.2017

Belarus to continue to support IT sector, President says
Belarus to continue to support IT sector, President says Belarus will continue to support the IT sector but the companies involved conduct fair and transparent business, said Belarus President on March 13 visiting companies in Minsk that are working in the field of high technologies. One of them is engaged in a unique project in the field of augmented reality and artificial intelligence. This is a mobile application that allows users all over the world to communicate with the use of visual effects.

12.03.2017

Alexander Zapesotsky: Belarus is hated for its strong economic development model
Alexander Zapesotsky: Belarus is hated for its strong economic development model Once again attention is being paid to the meeting which was held by Belarus President Alexander Lukashenko, who openly assessed the present relations of Belarus and Russia. Problems do exist, it's not a secret. The background is evident. Belarus has its own model of development and independent policy. It is one of the reasons of misunderstandings. Many authoritative figures recognize the originality and success of the Belarusian development model.
From Decree No3 to Belarus - Russia relations: discussions held over President Lukashenko's meeting
From Decree No3 to Belarus - Russia relations: discussions held over President Lukashenko's meeting The subjects which were brought up by Belarus President Alexander Lukashenko are being actively discussed in families, in mass media and in the expert community. Citizens:People must work and earn money. But everything, I mean tax letters, was done to quickly. The Decree needs to be looked into more thoroughly. A special approach should be taken towards the situation. Belarus is not Russia.

11.03.2017

Institute of Financial Ombudsman to be created in Belarus?
Institute of Financial Ombudsman to be created in Belarus? An Institute of Financial Ombudsman is planned to be created in Belarus. In other words, a new institution which will protect consumer rights in financial services. The National Bank of the Republic of Belarus will present the draft of the document in 2017. This institution operates successfully in more than 50 countries. In relation to the legal process, this institution’s main advantage is its gratuitousness of adjudications and its efficiency.

10.03.2017

Belarus ready to cooperate with Uralkali if its interests taken into account
Belarus ready to cooperate with Uralkali if its interests taken into account Belarus is ready to cooperate with Uralkali, but if its interests are met, said the head of state March 9 discussing the activities of the Belarusian Potash Company. The Russian side has repeatedly requested to re-start cooperation on the production and sale of fertilizers. Therefore, the management of Belarusian companies was instructed to study the options for collaboration. But, as Alexander Lukashenko remarked, in this case, it all should be fair and objective and only mutually beneficial compromises are necessary.

09.03.2017

New runway at National Airport Minsk estimated at $225 million
New runway at National Airport Minsk estimated at $225 million The new runway at Minsk National Airport will be built through a loan of the Development Bank of the Republic of Belarus.  The price is estimated at $225 million. This amount was defined by an order of the Belarus President. The project will be implemented by 2019.  By this time, the operating life of the existing runway of Minsk-2 airport will end.
Gas prices should not be basis of Belarusian-Russian relations, Alexander Lukashenko says
Gas prices should not be basis of Belarusian-Russian relations, Alexander Lukashenko says National interests and protection of Belarus' domestic market are the main landmarks and the latest global trends, which are replacing global integration. This is shown primarily by Western countries: the United States and the EU. Belarus should take into account the new conditions in geopolitics. On March 9, the President discussed the topical issues of further development of the country, including cooperation with Russia, Belarus' main partner in integration associations. Alexander Lukashenko answered all the questions that concern the society.
Belarus simplifies sanitary standards for eateries
Belarus simplifies sanitary standards for eateries Sanitary standards for food service facilities in Belarus have been simplified. The main changes relate to cooking rules. In particular, the previous edition of the rules stated that the cutting of meat, poultry and meat processing was permitted only in separated premises. In the new document, this restriction has been lifted in respect of poultry meat. Requirements regarding kitchen utensils and appliances have also been simplified: now you can use any material permitted for use in contact with foodstuffs. 
Belarusian organic products may appear in stores
Belarusian organic products may appear in stores Domestic organic products appear on store shelves in Belarus. A bill on their production will be considered by the Belarusian parliament this autumn. To get organic vegetables, meat and dairy products it is necessary to comply with some requirements.  The main requirement is absence of any synthetic or chemical substances, including fertilizers, crop protectors and food additives.

08.03.2017

Belarus to reduce refinancing rate to 15% from March 15
Belarus to reduce refinancing rate to 15% from March 15 The chief financial regulator of Belarus, the National Bank, is reducing the refinancing rate further to 15%.  The decision shall enter into force on 15 March 2017. This is the third decline in the interest rate since January 1, 2017. At the beginning of 2017, the refinancing rate was 18%.  Slow inflation, as well as the stability of the foreign currency and deposit markets has allowed the regulator to lower the rate this year by three points.

07.03.2017

EEU Intergovernmental Council agrees on EAEU-Iran Free Trade Area
EEU Intergovernmental Council agrees on EAEU-Iran Free Trade Area Participants of the EEU Intergovernmental Council meeting gave a start for the creation of a trade free area between the EAEU countries and Iran. The Eurasian Intergovernmental Council meeting took place on March 7, 2017 in Bishkek, Kyrgyzstan. The presidents of the EAEU countries approved of the beginning of negotiations on creating a trade free area with Iran, Egypt, Singapore, and India in December, 2016.
Belarus' gold reserve exceeds $5bn
Belarus' gold reserve exceeds $5bn Belarus’ gold reserve exceeded five billion dollars for the first time in the last couple of years. A sustainable growth has been going on for 13 months already. The gold reserves are planned to be increased by no less than 500 million dollars in 2017. Nearly a fifth of this amount was gained in a period of a little over two months. The increment of growth summed up to more than 90 million dollars since the beginning of 2017.

06.03.2017

Belarus sets up jewelry production
Belarus sets up jewelry production It’s high time to choose stones. The production of diamonds for the jewelry industry has been set in Belarus. The grown diamonds have been presented to the public. It will be the first time when synthesized precious stones are available at Belarusian jewelry market. Belarusian celebrities were the first ones to appreciate the glitter of the jewels.
Belarusian Currency and Stock Exchange extends session for 1 hour
Belarusian Currency and Stock Exchange extends session for 1 hour The Belarusian Currency and Stock Exchange extends session for 1 hour.  Now you will be able to know the exact exchange rates in Belarus after 14.00. On March 6, the mechanism of settlements changes essentially.  This will improve the efficiency of transactions and, as a consequence, stimulate the further development of the exchange market in Belarus.

04.03.2017

Belarus business ladies to get more possibilities for business development
Belarus business ladies to get more possibilities for business development Business ladies will get more possibilities to develop their business in Belarus. The third Belarusian bank has already joined the Women in Business programme , conducted by the European Bank. The total amount of allocated credit funds for Belarus in this programme is ten million dollars. The money will go towards financing small and medium businesses directed by women. Within the framework of the initiative, apart from financial support, business ladies can count on consultations of business experts.

03.03.2017

Business Assistance Program discussed at Antitrust and Ttrade Ministry of Belarus
Business Assistance Program discussed at Antitrust and Ttrade Ministry of Belarus Motivate entrepreneurial initiative and make working conditions in the market more transparent and simple - these are the main points of the Business Assistance Program that was discussed on March 3 at the ministry of antitrust and trade of Belarus. Among the major challenges in this area is attraction of new players who would create new jobs. Another issue is to create conditions for fair competition.
Giorgi Margvelashvili ends visit to Belarus with package of agreements
Giorgi Margvelashvili ends visit to Belarus with package of agreements The official visit to Belarus of the President of Georgia, Giorgi Margvelashvili, has concluded. During two days in Belarus, the Georgian president had talks at the highest level, meetings with MPs and government officials, as well as talked with students and got familiar with Belarus' historical sights.
Belarus' economy minister: Any inspection should anticipate violations
Economy minister: Inspections in Belarus should not stiff companies Minsk hosted the Assembly of Business Circles on March 1. The forum was one of the central events of Belarusian Entrepreneurship Week. Representatives of business and government met at one site. Now one of the main tasks is to give more freedom to private initiative. Work is already under way: for example, trade inspection has been banned from inspections, sanitary rules have been significantly simplified and small businesses will no longer by checked by the Emergency Situations Ministry.

02.03.2017

Belarus to publish list of investment projects?
Belarus may publish open list of available investment projects Belarus may get an open and public list of investment projects. This initiative was offered at the assembly of business circles. It is planned that the database will contain a complete list of all projects in Belarus, which may be of interest to foreign businessmen. This will not only help to attract foreign capital to our country, but also improve the investment climate in Belarus. In addition, there is already some interest in Belarus on the part of business circles from different countries.
Belarus inviting Georgian businesses
Belarus inviting Georgian businesses Belarusian and Georgian delegations discussed the future projects on 2 March. One of the main tasks is to increase trade turnover. And it is quite doable, says Belarusian Prime Minister. Last year, the Belarusian Embassy in Tbilisi was opened, and today there are all prerequisites to reach significant amounts in mutual trade. Such meetings should help in overcoming various issues.

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