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Economy & business

13.07.2016

Belarus plans to reduce customs clearance time
Belarus plans to reduce customs clearance time Revenues from transit in Belarus will increase to $1.5 billion. The Council of Ministers of Belarus discussed the program of development of transport capacity in 2016-2020.  The volume of logistics services are expected to grow by 1.5 times and there will be much more warehouse space.
Belarus President requires breakthrough in relations with China
Belarus President requires breakthrough in relations with China The President of Belarus has made a number of appointments. The changes affected the country's diplomatic corps. Alexander Lukashenko appointed ambassadors to China and Georgia.  Addressing the diplomats, the President stressed the need to increase the momentum in foreign trade. Starting from July 12, the Embassy of Belarus in China will be headed by Kiryl Rudy. An economic expert and assistant to the President is already familiar with the work of the diplomatic mission in China. However, his new role is immeasurably more important.
Belarus, Russia discuss trade and economic cooperation July 12
Belarus, Russia discuss energy issues July 12 The heads of the Belarusian and Russian governments met in Moscow July 12 to discuss trade and economic cooperation. Also, Andrei Kobyakov and Dmitry Medvedev talked over the situation in the energy sector and the interaction of the countries. Andrei Kobyakov, the Prime Minister of the Republic of Belarus:We are ready to discuss all issues, including difficult and sensitive ones, which periodically arise in our trade and economic relations.

12.07.2016

Belarus, Russia premiers meet in Moscow to discuss current issues
Belarus, Russia premiers meet in Moscow to discuss current issues The bilateral relations and the situation in the Eurasian Economic Union have become the subject of a meeting between the premiers of Russia and Belarus. In addition to current issues, Andrei Kobyakov and Dmitry Medvedev discussed the situation in the sphere of energy sources. Previous consultations were held at the level of deputy prime ministers and ministries. The Russian prime minister noted the high level of Belarusian-Russian cooperation and partnership. He added that there are topics on which the sides need to agree.
Belarusian-Slovak Business Forum to open in Vitebsk July 12
Belarusian-Slovak Business Forum to open in Vitebsk July 12 More than 20 Slovak companies on July 12 will participate in a business forum in Vitebsk.  The event will bring together Vitebsk authorities, associations for support of small and medium businesses of Russia and Europe, as well as specialists of relevant financial institutions. Open dialogue is the main goal of the Belarusian-Slovakian forum at which participants will discuss prospects for cooperation in energy, engineering, wood processing, pharmaceuticals, agriculture, light industry, tourism and recreation.
Belarus to supply more to Africa
How Belarusian ambassadors promote nation's economy worldwide Increase positions in traditional markets and developing new ones. Belarusian diplomats working around the world now face such tasks. On June 11 Minsk hosted a meeting of heads of diplomatic missions and consular institutions of Belarus. The topic of foreign economic activity became the priority one.

11.07.2016

Mikhail Myasnikovich visits Soligorsk Plant of Technological Equipment
Mikhail Myasnikovich visits Soligorsk Plant of Technological Equipment Financial reanimation or bankruptcy? The future of Soligorsk Technological Equipment Plant was discussed on July 8. The head of the upper house of Belarus' parliament and former prime minister, Mikhail Myasnikovich, visited the company where he got familiar with the situation and met with staff. The plant, which is about 30 years old, specializes in the manufacturing and repairs of equipment for mining and chemical industries. 

08.07.2016

Building complex near Minsk circus to be completed by end of 2018
Building complex near Minsk circus to be completed by end of 2018 The construction of the complex near Minsk circus will be completed by the end of 2018. The corresponding decree was signed by the President of Belarus. Engineering and transport infrastructure should also be fully prepared.
Fuel prices not to raise in Belarus, Vladimir Semashko says
Fuel prices not to raise in Belarus, Vladimir Semashko says The Council of Ministers of Belarus has removed the restriction on export of fuel abroad. From 2011, one could travel outside the Eurasian Economic Union from Belarus on the same vehicle no more than 1 time in 8 days. If one had to travel abroad more frequently, he needed to pay a fee. The regulation shall enter into force on 1 September 2016.

07.07.2016

Students from Russia and Kazakhstan to help construct Belarusian nuclear power plant
Students from Russia and Kazakhstan to help construct Belarusian nuclear power plant The third labor semester has officially opened today at the Belarusian nuclear power plant. Taking part in the construction of the nuclear power plant this summer will be more than 400 children from Belarus, Russia, and Kazakhstan. Students will carry out concrete and masonry work and install some equipment.
Tourists about new money in Belarus
Tourists about new money in Belarus New Belarusian money has already become a kind of guide for foreign visitors to our country. 7 banknotes depict 7 Belarusian regions and 7 architectural symbols. Tourists, like many Belarusians, see these notes for the first time. This young man from Turkey has been in the capital only two days but has already spent several hundred redenominated rubles.

06.07.2016

Belarus' tax system to be improved: Alexander Lukashenko meets with Tax and Duties Minister
Belarus' tax system to be improved thanks to brand new technologies Improvement of the tax system of Belarus was the main topic of the meeting of the President with the Minister for Taxes and Duties, Sergei Nalivaiko. According to Alexander Lukashenko, the taxation procedure in the country should be comfortable for businesses and ensure the realization of the legitimate interests of the state. Many hopes are on the effective work of fiscal authorities and the introduction of new technologies.
Belarus President for simpler taxation procedure for businesses
Belarus President for simpler taxation procedure for businesses Belarus' taxation procedure for businesses should be as comfortable as possible and ensure the realization of the legitimate interests of the state. This was discussed during a July 6 meeting of the President of Belarus with the Minister of Taxes and Duties, Sergei Nalivaiko.
Grodno companies to present products in Gansu
Grodno companies to present products in Gansu More than a dozen of Grodno companies will present their products at an exhibition in Gansu province of China. Among the major items will be milk, flax, starch and glass products. Also the Belarusian region will present its potential for large businesses of the Chinese province. Belarusians are set to visit a technopark and a new industrial zone in Lanzhou. The visit aims to develop bilateral relations between the regions.

05.07.2016

Wiktorin: New Belarusian currency makes tourists' life easier
Wiktorin: New Belarusian money easier for EU tourists to count Belarusian banks have carefully studied the experience of a number of European countries in preparation for the July 1 redenomination, said Chairman of the Board of the National Bank Pavel Kallaur. The National Bank officials on July 5 met with the European Union delegation. The parties discussed the possibility of cooperation in the framework of twinning projects. They are directed at assisting Belarus' Government in work to sync Belarus' legislation with that of the EU. This will affect a variety of spheres.
Leonid Zayats, Agriculture and Food Minister of Belarus
Belarus President signs decree on financial rehabilitation of agricultural enterprises Belarus has taken measures for financial rehabilitation of agricultural enterprises. The country's President has signed a decree that will simplify all the mechanisms. It will now be easier to hand loss-making enterprises over to another owner. Certain bonuses will help new owners acquire such enterprises.

04.07.2016

All checks in Belarusian stores to be switched to new currency by end of summer 2016
All checks in Belarusian stores to be switched to new currency by end of summer 2016 Extra zeros will disappear completely from checks in Belarusian stores after the redenomination in the summer of 2016, according to the Ministry of Trade. The department continues to monitor the way sellers handle the new and old notes. A hot line has been opened by the Ministry. Over the weekend, only four people called. They were mainly interested in how to draw up invoices. There were also questions about software operation in view of the introduction of the new currency.
Belarus to send humanitarian aid to flood-hit Sri Lanka
Belarus to send humanitarian aid to flood-hit Sri Lanka Belarus to provide humanitarian assistance to victims of floods and landslides in Sri Lanka, according to a decision made by the Government of Belarus.  For these purposes, Belarus allocated 200,000 dollars from the funds provided to finance the costs associated with natural disasters, accidents and catastrophes. The Ministry of Emergency Situations of Belarus will deliver the cargo.

03.07.2016

Currency revaluation in Belarus: What do Belarusians and foreigners think about new money with four zeroes cut?
Currency revaluation in Belarus: What do Belarusians and foreigners think about new money with four zeroes cut? Belarus is celebrating Independence Day this weekend. Own currency and the National Bank are just the most important attributes of an independent country. On July 1, Belarus redenominated (revaluated) its currency dropping four zeroes. Our correspondent Yana Shipko has found out how life has changed with the transition to banknotes and coins without four zeros. From midnight, July 1, Belarus has been in the new monetary dimensions.

30.06.2016

Vladimir Semashko: Industry is main contributor to Belarus' GDP
Vladimir Semashko: Industry is main contributor to Belarus' GDP Belarusian industry monthly shows higher growth rates compared to that of EEU partners, Deputy Prime Minister Vladimir Semashko said at a joint session of the House of Representatives and the Council of the Republic. It is now industry that is the main contributor to the restoration of the republic's GDP. The reforms that began in late 2015 showed their effectiveness. Also, the Deputy Prime Minister announced reduction in electricity prices. Gas prices and energy costs for Belarusian companies will still be tied to the US dollar.
Macroeconomic stabilization measures of late 2015 bearing fruit in Belarus
Macroeconomic stabilization measures of late 2015 bearing fruit in Belarus The macro-economic stabilization measures adopted in late 2015 are bearing fruit, said Vice-Premier of Belarus Vladimir Semashko on June 30. The Belarus government is reporting to the parliament today. Such dialogue of the executive and legislative power is an opportunity to improve the quality of work of the government and parliament.
Days of Minsk to be held in Belgrade
Days of Minsk to be held in Belgrade Chairman of Minsk City Executive Committee Andrei Shorets and Belgrade Mayor Siniša Mali signed an agreement on holding Days of Minsk in Belgrade. The event is scheduled to take place in 2017. A delegation from the Serbian capital is now on an official visit in Minsk. On June 29, the two mayors held talks and a forum of business circles. The forum was attended by 75 Belarusian and 25 Serbian enterprises.
Belarus' economic potential presented in Portugal
Belarus' economic potential presented in Portugal The economic potential of Belarus has been presented in Portugal. This was the first time in the history of the bilateral relations. The event was held in Porto Business School, which is part of the top 50 leading business schools in the world. It was attended by about 30 representatives of leading Portuguese companies. The businesses got familiar with the Belarusian vision of prospects of trade and economic cooperation.

29.06.2016

Can you pay by credit cards in Belarus after redenomination?
Can you pay by credit cards in Belarus after redenomination? Belarus is preparing for the currency redenomination, which will take place on July 1. The banking system and stores are still working on some technical details that may arise when switching to the new currency, which ISO code will be BYN. The previous BYR 10,000 will now equal BYN 1. The banking system is ready for the forthcoming redenomination. On July 1 at 8 am, new banknotes and coins will start to be delivered to ATMs, offices, and shops.  By July 1st, new banknotes will reach all corners of the country.
Belarus to produce apple nano pectin
Belarus to produce apple nano pectin The Minsk region plans to increase the share of innovative products by three times compared to the current output in the coming five years. An interesting project for the production of nano-products is being worked out at the Chinese-Belarusian Industrial Park. A domestic enterprise will become its resident. A high-tech product – nano-pectin (used in the food industry and able to remove radionuclides from the human body) - will be made of apples according to a unique Israeli technology, which was exclusively given to the Belarusian enterprise.
Belarus' trade unions analyze issues raised during 5th All-Belarusian National Assembly
Belarus' trade unions analyze issues raised during 5th All-Belarusian National Assembly More than 300 trade union members discussed job saving, labor laws and improvement of working conditions in Minsk June 29. The Federation of Trade Unions raised all these issues at the fifth All-Belarusian People's Assembly. Now the main task of trade unions is to bring the key points of the development strategy of the country to every Belarusian. The Federation will also work out a clear algorithm according to which the federation will be working in the next five years.
Belarus banking system ready for currency redenomination, National Bank says
Belarus banking system ready for currency redenomination, National Bank says The banking system of Belarus is ready for the forthcoming redenomination, said the National Bank June 29. All the banks of Belarus have the necessary funds to operate in conditions of the redenomination, during its first days. On 1 July at 8 am, new money will be delivered to ATMs, cash registers and retail facilities. Now the Bank is working to identify any possible abnormal situations and technical details that may arise when setting up equipment and cash registers in retail chains.
Belarus and Kazakhstan open business forum in Minsk
Belarus and Kazakhstan open business forum in Minsk Kazakhstan businesses brought exclusive offers to Minsk. The top 15 exporters of the Asian partner met with Belarusian companions during a bilateral business forum. At the negotiation table there are not only beautiful booklets, but also real products, which Kazakh companies may start producing in Belarus. Such meetings have been held on a regular basis for more than five years, and the total amount of contracts signed during this time is over $18 million.

27.06.2016

Railway station opens in free economic zone Mogilev
Railway station opens in free economic zone Mogilev A railway station has been opened in the free economic zone Mogilev for the convenience of exporters. Raw materials and products will now be delivered here by rail transport. Among the residents of the economic zone are large woodworking plants. All products from these factories are exported. Previously, only road transport was used for shipping. Transportation by the new railway line will be cheaper. Its length is 6 kilometers. It was built for budget funds, as well as the entire infrastructure.
Belarusian, Thai MPs hold talks in Minsk
Belarusian, Thai MPs hold talks in Minsk Coherent policy on the international arena and the strengthening of economic and cultural contacts were among the main topics of the talks held during the visit to Belarus of a parliamentary delegation of Thailand. This morning the Thai MPs held talks with speakers of both chambers of the Belarusian parliament. Belarus considers Thailand a promising partner in the region and is ready to co-operate across the entire spectrum of the bilateral relations.

26.06.2016

Alexander Lukashenko: Belarus-India relations need further impetus
Alexander Lukashenko: Belarus-India relations need further impetus Tashkent hosted a meeting of the Council of Heads of Member States of the Shanghai Cooperation Organization. The President of Belarus also took part in it as an observer. This makes Belarus the only European country to have acquired such a status. The Shanghai Cooperation Organization, founded 15 years ago, groups China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan. Six other countries have observer status.

23.06.2016

Minsk and Beijing to exchange students and teachers
Minsk and Beijing to exchange students and teachers Minsk and Beijing will cooperate more actively in the field of education. On June 22, in the Town Hall, the sister cities signed a memorandum. Thus, the agreement on the exchange of students and teachers was inked. The Chinese side proposed to establish direct contacts between the universities and schools of the two capitals. The delegation from Beijing will stay in Minsk for a few days. During the visit, Chinese representatives will visit many schools.
Belarus' First Deputy Finance Minister: Coins indicate the currency is really stable
Belarus' First Deputy Finance Minister: Coins indicate the currency is really stable And now we have live Maxim Ermolovich, First Deputy Minister of Finance of the Republic of Belarus. Mr Ermolovich, good morning! Will Belarus become rich in the next five years?
Belarus may optimize state apparatus
Belarus may optimize state apparatus Belarus retains the social policy course in the coming years. It should be based on an addressed basis. Marianna Shchetkina, Minister of Labor and Social Security, reported on the main priorities of this sector from the rostrum of the All-Belarusian People's Assembly. For example we 25,000 children face parental divorce each year. Another question was the optimization of the state apparatus.
President Lukashenko about Belaruskali-Uralkali row and possible reunion
President Lukashenko about Belaruskali-Uralkali row and possible reunion Heated discussion took place in the morning in the Great Hall of the Palace of the Republic during the second day of the 5th All-Belarusian People's Assembly. The atmosphere was incredibly lively. 
President Lukashenko: Scientific developments must turn into industrial products
President Lukashenko: Scientific developments must turn into industrial products The general debate was held in the Great Hall of the Palace of the Republic in the morning of June 23 as part of the second day of the 5th All-Belarusian People's Assembly. The delegates discussed the development strategy of Belarus for the next five years. The first report was made by Vladimir Gusakov, head of the National Academy of Sciences. He told the audience about a new interesting project BelBiograd and asked for the support of this project.
Belaruskali director general: "We have managed to increase product range in 2011-2015"
Belaruskali director general: "We have managed to increase product range in 2011-2015" We are pleased to welcome you in our on-site studio at the Palace of the Republic. We continue to analyze what delegates of the fifth All-Belarusian People's Assembly say.  We are going to talk with Ivan Golovatyi - director general of the largest enterprise of the country Belaruskali. Hello! How do you intend to build your strategy? Your enterprise is the biggest in terms of export. Once we said that every fourth dollar in our budget comes from your company.
BelAZ deputy general director: Belarus cannot focus on a certain segment of industry
BelAZ deputy general director: Belarus cannot focus on a certain segment of industry The CTV Channel continues to communicate with the delegates of the 5th All-Belarusian People's Assembly. Dmitry Zablotsky - Deputy Director General of the Belarusian Automobile Plant (BelAZ) - is today with us. Currently, he is responsible for product quality and quality of life of people whose interests he represents at the National Assembly.  Almost every second family in Zhodino is today connected with BelAZ in one way or another. Zhodino development and the development of other towns and cities in general is of particular interest for Mr Zablotsky.

22.06.2016

Natalia Kochanova
Natalia Kochanova: Belarus looking for staff who will work effectively in modern conditions The CTV Channel continues to communicate with guests of the V All-Belarusian People's Assembly. The President personally addressed you saying that you need to address the problem of university admission tests and school textbooks in the coming years.
Economy Minister: 2016-2020 development program will lift Belarus to new heights
Economy Minister: 2016-2020 development program will lift Belarus to new heights Very soon the second part of the All-Belarusian People's Assembly will begin. These will be the debates, those useful suggestions with which delegates came to the assembly and which Alexander Lukashenko asked to voice earlier in his today's speech. Mr Zinovsky, your sphere, economy, as a priority, of course. Do you remember those times when Belarus had to walk on thin ice and then progressively moved forward?
Alexander Lukashenko: Nuclear power plant to increase Belarus' competitiveness
Alexander Lukashenko: Nuclear power plant to increase Belarus' competitiveness The unity of the people saves peace in the country and the country itself. Belarus needs to overcome the difficulties only thanks to own labor and acting all together, said President Alexander Lukashenko at the V All-Belarusian People's Assembly, which continues in the Palace of the Republic. The brought together 2,500 delegates from across the country. At the meeting they can express their views on how to further build our own life in the next five years. Foreign guests are also taking part in the forum.
Mikhail Myasnikovich: 25-27% of Belarus' GDP should go for investments
Mikhail Myasnikovich: 25-27% of Belarus' GDP should be channelled for investments We continue to analyze what has been said in the framework of the 5th All-Belarusian People's Assembly. Do you remember that very thin ice on which Belarus had to walk last century (about which the President was talking)?
Alexander Lukashenko: Belarus' new development program aims at evolution, not revolution
Alexander Lukashenko: Belarus' new development program aims at evolution, not revolution The unity of the people saves peace in the country and the country itself. Belarus needs to overcome the difficulties only thanks to own labor and all together, said President of Belarus Alexander Lukashenko at the V All-Belarusian People's Assembly, which began at the Palace of the Republic June 22.
Dragomir Karic: I recommend Belarus as investment destination
Dragomir Karic: I recommend Belarus as investment destination The V All-Belarusian People's Assembly has begun in Minsk today. The Belarus President is speaking at the forum. Alexander Lukashenko is summarizing the prospects of socio-economic development of the country, concerns and ways to address them. The speech also focuses on foreign policy, partnerships with various countries and integration associations with emphasis on trade and economic cooperation. It is expected that the head of state will take part in the second day of the forum too.

21.06.2016

Best companies and regions honored in Minsk June 21
Belarus' GDP up 5.8% in 2011-2015 On the eve of the All-Belarusian Assembly, the best districts and companies of the country were honored at State Flag Square. They are now on the renewed National Board of Honor. The corresponding decree was signed by the Belarus President. The Minsk, Vitebsk and Grodno regions have been hailed for performance in the field of socio-economic development. The Zhitkovichi, Nesvizh and Dokšycy districts are the most thrifty.
All-Belarusian People's Assembly is a real platform for discussions, delegates say
All-Belarusian People's Assembly is a real platform for discussions, delegates say Minsk is welcoming the delegates of the fifth All-Belarusian People's Assembly. The participants of the event have met at Oktyabrskaya Square and took a traditional commemorative photo. Buses with participants from every corner of the country are coming to the Palace of the Republic literally every half hour. Also today, the delegates will visit the Museum of the Great Patriotic War. Representatives of labor collectives were able to not only meet with colleagues from across the country, but informally discuss the forthcoming great dialogue.
IMF mission to visit Belarus 21-30 June
IMF mission to visit Belarus 21-30 June On June 21, an IMF mission led by Peter Dolman starts its work in Belarus. It will last until June 30. The guests are going to get familiar with the nuances of the work of Belarusian economy, as well as to consult with representatives of the Government, the National Bank, the private sector and the scientific community.

20.06.2016

French scientists offer Belarusians to create joint satellites
French scientists offer Belarusians to create joint satellites Scientists from France offer Belarus to start work on the creation of a joint satellite, said chairman of the Presidium of the National Academy of Sciences of Belarus Vladimir Gusakov. Minsk is hosting a meeting of the Council of the Association of European Academies of Sciences. The organization is one of the most influential in the scientific community in the EU space. The best minds of Germany, Austria, Great Britain, Italy, Belgium, Finland and Switzerland have gathered in the capital of Belarus.
Ecuador's ambassador to Belarus hails possible abolition of double taxation
Ecuador's ambassador to Belarus hails possible abolition of double taxation Before the commercial break, we were talking in the studio with the new Belarusian ambassador to Belgium and the European Union. However, it is not only with Europe that Belarus is building relations with. The term "distant arc countries" is becoming more and more popular. In relation to Belarus, these are countries of Africa, Asia and Latin America, where Belarus is looking for new markets. This is not going that smoothly but still we have some advanceme

19.06.2016

Alexander Lukashenko at Spartak factory: Belarus to finally reconstruct entire health care and education in 2016-2020
Alexander Lukashenko at Spartak factory: Belarus to finally reform entire healthcare and education system in 2016-2020 Before building plans for the future and listening to people's delegates, the Belarus President made a trip to the Gomel region. In principle, this is usual practice when the President personally gets familiar with the situation in Belarus’ regions and meets with labor collectives. This time he met with Spartak factory workers. Alexander Lukashenko wanted to see whether the life of the working class is “sweet”. And before starting the “economic locomotive” for the next five years, the President opened the Gomel-Minsk route for electric traction trains.
Redenomination in Belarus not to cause higher inflation
Redenomination in Belarus not to cause higher inflation, President Lukashenko says On June 17, the Belarus President visited the Spartak confectionary. Here the head of state spoke about the prospects of development of the enterprise, as well as the innovations in confectionary industry.  Products under the brand name "Spartak" are exported to 25 countries. Chocolates, waffles, and biscuits made in Gomel have reached such distant countries as Singapore, South Africa and Australia. Spartak sees great prospects on the Chinese market too.

16.06.2016

New Belarus law blow for Uber?
Amended Belarus' transport law blow for Uber? Taxi passengers will get the right not to pay for a taxi ride if they are not given a check. Belarus' House of Representatives, which is the lower chamber of the parliament, has adopted the relevant amendments to the law "On the motor transport and road transportation" June 16. The document suggests some other changes.

15.06.2016

Minsk subway voted the best transport company in Belarus
Minsk Subway voted the best transport company in Belarus Minsk region - along with the Vitebsk and Grodno regions - is now the National Board of Honor. The corresponding decree was signed by the Belarus President. These regions have achieved the best results of socio-economic development over the previous five years (2011-2015).  Also, among the winners are the Nesvizh, Mozyr and Tolochin districts of the country. The best transport organization of Belarus is Minsk Subway. In the field of education the award went to Minsk secondary school number 73. 
Light armored vehicle by Minsk Wheel Tractor Plant showcased in Paris
MZKT light armored vehicle showcased in Paris A sample of the newest light armored vehicle of Minsk Wheel Tractor Plant (MZKT) were presented in Paris at the international exhibition of arms and military equipment Eurosatory.  Earlier during tests the vehicle showed high maneuverability and was applauded by experts. Eurosatory expo is considered one the most authoritative. Taking part in the current exhibition are about 1,500 companies from 57 countries. 
Antitrust and Trade Ministry to be operational in Belarus from September 8
Antitrust and Trade Ministry to be operational in Belarus from September 8 The Ministry of Antitrust and Trade will be operational in Belarus from September 8, said head of the Trade Ministry Vladimir Koltovich. The main task of the structure is the protection of Belarus' internal market. All its participants will have to work in equal competitive conditions. Control will be in the field of public procurement, advertising and unjustified price increases. The buyer will win in this case. In addition, the Ministry will become the only body that can carry out checks without reason.  
Minsk region posts best economic performance in Belarus in 2011-2015
Minsk region posts best economic performance in Belarus in 2011-2015 Minsk Oblast, the central region of Belarus, was the best in the country in 2011-2015 in terms of the socio-economic indicators. The President of Belarus noted the positive dynamism of the region's development hearing a report of the Minsk region governor Semyon Shapiro. Since 2011, the Minsk region has preserved the trend to be the best of all the regions of Belarus.   As the President said, what he had seen flying over a number of Minsk region's districts encouraged him.
Austria interested in investing in Belarus' financial sector
Austria interested in investing in Belarus' financial sector Austria is interested in investing in the financial sector of Belarus.   Today, representatives of business circles of that country gathered at a joint business forum in Minsk. The meeting was attended by representatives of about 20 Austrian companies. They represent such spheres as construction, energy, finance, petrochemical, and consulting. In Belarus, there are more than a hundred companies with Austrian capital. The volume of investments from that country to Belarus is about $500 million.

14.06.2016

Belarusian MPs mulling over export diversification, foreign trade efficiency
Belarusian MPs mulling over export diversification, foreign trade efficiency Diversification of the export efficiency and foreign trade were the main topics at a Government on June 14. Belarus has not yet fulfilled export performance requirements. However, it managed to increase the volumes of supply in a number of positions.  Tasks for the manufacturers remain the same: to reduce the cost of goods and search for new markets. Science should also assist the real sector.
Belgium interested in Belarusian agricultural machinery and IT
Belgium interested in Belarusian agricultural machinery and IT A Belarusian-Belgian business forum opened in Minsk June 14. Taking part in it are representatives of more than 20 companies from Belgium from the construction, food, logistics, agriculture and IT spheres. A business match-making session took place within the framework of the meeting. Belgium is one of the permanent trade partners of Belarus. It is the 7th most important trading partner of Belarus in the EU, with trade between the kingdom and the republic amounting to almost $400 million in 2016.
Belarus-Russia Forum of Regions: 39 inter-governmental deals and $300m worth of contracts
Belarus-Russia Forum of Regions: 39 inter-governmental deals and $300m worth of contracts The speaker of the upper house of Belarus' parliament reviewed the Third Forum of Regions of Belarus and Russia on June 14 at a meeting of the eleventh session of the Council of the Republic. The participants concluded 39 agreements at government level. The economic effect of the meeting is commercial contracts valued at more than $300 million.
Belarus and Belgium seeking to expand trade
Belarus and Belgium seeking to expand trade The possibilities of expanding trade and economic cooperation between Belarus and Belgium will be discussed during a business forum that opened in Minsk on June 14.  The event will bring together representatives of the most promising areas of cooperation, such as construction, food processing, agriculture and aerospace. The Belarusian market will be represented by 60 companies.

13.06.2016

Belarusian builders finish residential area in Caracas. Nearly 300 families settled
Belarusian builders finish residential area in Caracas. Nearly 300 families settled Belarusian builders have finished constructing an eight-house residential quarter in Caracas. An opening ceremony took place with the participation of Venezuela president Nicolas Maduro. In total, almost 300 Venezuelan families received keys to their own apartments. The residential area is designed to cater for people's needs.  The first floors of high-rise buildings will house kindergartens, barbershops and other infrastructure. 
Tall horses, huge bulls and best cows: BelAgro 2016 exhibition held in Minsk
Tall horses, huge bulls and best cows: BelAgro 2016 exhibition held in Minsk An amazing agricultural site gathered last week the miracles of Belarusian cattle breeding: tall horses like elks, bulls, huge like bison (I am not telling you a fairy tale) and cows with a perm. Our correspondent Yana Shipko saw all this at the exhibition BelAgro 2016.

12.06.2016

Peru Ambassador to Belarus and Russia gives interview to TV program Picture of the World
Peru Ambassador to Belarus and Russia gives interview to TV program Picture of the World Maybe the Polish name of the new president of Peru will somehow remind him about our region and Belarus, who is searching for markets in distant countries, could benefit from it. The newly elected leader of Peru will be inaugurated on July 28 and the new government will be appointed after this, Extraordinary and Plenipotentiary Ambassador of Peru to Russia and Belarus Carlos Velasco Mendiola told us.
What did Russians say about Belarus at 3rd Forum of Regions?
What did Russians say about Belarus at 3rd Forum of Regions? The long history of Belarus and Russia (in all senses) continued this week. It is known that the countries enjoy not only presidential and folk friendship. Not only the Kremlin and the Palace of Independence but also regions of Belarus and Russia are engaged in mutual trade. The 3rd Forum of Belarusian and Russian regions took place in Minsk this time. The previous one was in Sochi. The weather in Minsk was fine, which delegates from the sunny Siberian Khakassia immediately noted. What other good things about Belarus did the high-ranking guests from Russia say? Let's turn over the “
Belarus preparing for redenomination, due on July 1
Belarus preparing for redenomination, due on July 1 Peru currency is called "nuevo sol". Earlier, it was just "sol" (the sun), and then became "the new sun" - nuevo sol. Belarus will also get new money on 1 July. New notes are already being tested in banks. They are not yet in circulation but the country is actively preparing for the novelties. People, with excitement, wonder how to compare old and new prices faster, some are worried about queues in stores and psychologists give tips on how to adjust to the changes. Anastasia Benedisyuk counted pros and cons of the forthcoming redenomination.

09.06.2016

Alexander Surikov: Belarus and Russia need to pursue joint venture creation
Alexander Surikov: Belarus and Russia need to pursue joint venture creation Belarus and Russia should work together to increase the competitiveness of their economies, said Russian Ambassador to Belarus Alexander Surikov. The diplomat also stressed that to this end, the countries need to move from simple cooperation to establishment of joint ventures. This would allow strengthening the EEU space and go to the markets of third countries.     
Redenomination in Belarus: Will ATMs give new money from July 1, 2016?
Redenomination in Belarus: Will ATMs give new money from July 1, 2016? The National Bank has clarified to Belarusian banks some nuances regarding the redenomination, which is due on July 1. You will be able to change notes for coins (kopecks) at special ticket offices. Belarusian banks will open them in all regions. Also, by the date of redenomination a third of ATMs will be loaded with new money. By 1 August, you will find only new banknotes in absolutely all ATMs.
2016 Forum of Regions summary: Nearly 40 agreements worth $300 million
2016 Forum of Regions summary: Nearly 40 agreements worth $300 million The Forum of Belarusian and Russian regions ended in Minsk June 8, 2016. The third in a row, it was dedicated to humanitarian issues. Among them were the equal rights of citizens and youth policy. MORE: Belarus, Russia may resume joint movie production
Russian President visits BelAgro 2016 expo
Russian President visits BelAgro 2016 expo Alexander Lukashenko and Vladimir Putin visited June 8 the largest agricultural exhibition of 2016 BelAgro in Minsk. Here, the leaders were demonstrated the capabilities of the strongest Belarusian enterprises - namely, new models of agricultural machinery. MORE: Belarus, Russia presidents meet in Minsk June 8 CTV corresponding reporting from the site

08.06.2016

Belarus, Russia may resume joint film production
Belarus, Russia may resume joint movie production A plenary meeting of the 3rd Forum of Regions is taking place in Minsk's Palace of the Republic. The CTV crew is now there, too. The third forum is already in the final stages. The sides signed some contracts and agreements.
Days of Moscow open in Minsk
Days of Moscow open in Minsk On June 8, days of Moscow officially opened in Minsk. The ceremony took place on June 7, with the mayors of the two cities taking part. It is worth noting that Minsk is one of the strategic partners of the Russian capital. In 2016, trade turnover between the cities already exceeded $1 billion. Zhanna Birich, deputy chairwoman of the Minsk City Executive Committee:Moscow has an interest in our businesses. And we see that trade in goods has increased by 1.5 or even almost 2 times.
Belarus' gold and foreign currency reserves up by $43m in May 2016
Belarus' gold and foreign currency reserves up by $43m in May 2016 The Belarus National Bank has published the latest information on the state of international reserves. The total amount of gold and foreign currency reserves on June 1 exceeded $4.27 billion.
BelAgro 2016: Belarusian export on the rise
BelAgro 2016: Belarusian food exports set to rise? Timed specifically to the 3rd Forum of Belarusian and Russian Regions is the main exhibition of Belarus' agro-industrial potential BelAgro 2016. It opened in Minsk on 7 June. In 2016 BelAgro attracted a record number of participants - more than 500 companies from 20 countries.  In 2015, farmers in Belarus earned $4.4 billion.
Belarus-Russia Forum of Regions: Day 1 summary
3rd Belarus-Russia Forum of Regions: Day 1 summary Minsk continues to host the 3rd Forum of Belarusian and Russian Regions on June 8, which is the second day of the event.  It is expected that the presidents of Belarus and Russia will partake in the forum.

07.06.2016

Belarus, Kyrgyzstan to strengthen economic relations within CIS, EEU
Belarus, Kyrgyzstan to strengthen economic relations within CIS, EEU Kyrgyzstan's Bishkek on June 7 hosted the 25th anniversary meeting of the Heads of Government of the CIS. During the meeting, the parties discussed over 10 issues. The main focus was on the development of trade and economic cooperation, the energy and health care and food security improvement. In addition, during the meeting, Andrei Kobyakov met with the Prime Minister of the Kyrgyz Republic to talk over the issues of bilateral cooperation.
Belarus to sign contracts worth $300 million at 3rd Forum of Regions, Mikhail Myasnikovich says
Belarus, Russia to sign contracts worth $300 million, Mikhail Myasnikovich says On June 7, the 3rd Forum of Belarusian and Russian Regions opened in Minsk. Representatives of 43 Russian regions visited the Belarusian capital on this occasion. Thirteen of them are represented at the level of governors and three at the level of prime ministers.
Mikhail Myasnikovich and Valentina Matvienko visit BelAgro 2016 expo
Mikhail Myasnikovich and Valentina Matvienko visit BelAgro 2016 expo After working in sections of the 3rd Forum of Belarusian and Russian Regions, the participants visited the exhibition BelAgro 2016. It opened on June 7 on the territory of the Minsk-1 airport. More than 500 companies from 20 countries will present their works at the exhibition venue in 2016. The CTV correspondent Yevgeny Pustovoy is with us live now from Minsk-1.The exhibition was launched about an hour ago. Can we already speak about special interest in Belarusian booths on the part of Russian guests?
Forum of Belarusian and Russian regions starts in Minsk June 7
Forum of Belarusian and Russian regions starts in Minsk June 7 The third Forum of Belarusian and Russian regions have opened in Minsk. Taking part in it will be the Belarusian and Russian heads of state. It is expected that Alexander Lukashenko will speak at a plenary session on June 8. On the same day he is going to meet with Russian President Vladimir Putin. It will be held at the Palace of Independence.
Shenyang signs cooperation agreement with Belarus' Minsk
Shenyang signs cooperation agreement with Minsk The capital of Belarus and the Chinese city of Shenyang are establishing relations. June 6, the sides signed an agreement on cooperation. The business partners from China are interested in the implementation of projects in industry, commerce, education, healthcare and tourism.  In addition, Chinese businessmen are interested in gaining experience from Belarus when it comes to road construction.
Belarusian street to appear in France
Belarusian street to appear in France A Belarusian street will appear in France. A Shklov factory has already exported to the Alsace region 17 houses of its own production. The French buy wood-frame construction kits of up to 120 square meters as energy-efficient housing. The total amount of the contract is a few hundred thousand euros. In total, 34 French families will get a roof overhead under a program of social construction. The service life of the house is about 50 years.
Belarusian products to become more popular after Forum of Belarusian and Russian regions
Forum of Regions is good advertizing for Belarusian products Poultry farming, light industry and machinery are the leading industries of the Minsk region. These will be the key areas considered at the Forum of Regions of Belarus and Russia, which will be held in Minsk on June 7-8. Manufacturers rely on the effectiveness of the large-scale event and the signing of a number of mutually beneficial contracts. Minsk and the Vologda region intend to sign a cooperation agreement.  St. Petersburg, Moscow and the Moscow region know Belarusian poultry produce well.

06.06.2016

Program of 3rd Forum of Belarus and Russian regions, Minsk, June 7-8
Program of 3rd Forum of Belarus and Russian regions, Minsk, June 7-8 Minsk, 7-8 June 2016 June 7 09.00 - 10.00 The third meeting of the Inter-Parliamentary Committee on Interregional Cooperation of the Council of the Republic of the Belarusian National Assembly and the Council of Federation of the Federal Assembly of the Russian Federation 09.00 - 10.30
BelAgro 2016: Agricultural machinery exhibition to open in Minsk
BelAgro 2016: Agricultural machinery exhibition to open in Minsk Timed to the 3rd Forum of Regions of Belarus and Russia in Minsk is the international exhibition BelAgro. It presents the best agro-industrial companies. A record number of them is expected: over 500 from more than 20 countries. Manufacturers of agricultural machinery will present their novelties at the exhibition at the airport Minsk-1.
High-speed business-class train to ply between Minsk and Gomel
High-speed business-class trains now ply between Minsk and Gomel It is now easier to get from Gomel to Minsk. Belarusian Railways has launched business class electric trains in this direction. Specialists have completed the next stage of railway line electrification, and now the largest cities of the country will be connected by interregional trains. There will be two stops (in Zhlobin and Bobruisk) on the three-hour road from Minsk to Gomel. A business class trip costs about $4.
Russia and Belarus preparing for 3rd Forum of Regions
Russia and Belarus preparing for 3rd Forum of Regions Belarus and Russia will take part in the Forum of Regions on June 7-8. Some 400 politicians and businessmen have confirmed their participation. Timed specifically to the forum will be the international exhibition Belagro 2016. In 2016, it will be held at Minsk-1 airport and will bring together over 500 companies from 20 countries, first of all, of course, from Belarus and Russia.

05.06.2016

Production efficiency in Belarus' agricultural sector must be higher, Premier says
Production efficiency in Belarus' agricultural sector must be higher, Premier says The Belarus Prime Minister set a task to improve production efficiency in the agro-industrial complex during his visit to Minsk Region. One should get a larger volume of products at the lowest cost.  At the same time, Belarus' agriculture should pay attention to two areas - genetics and feed.
2nd Belarusian-Spanish business forum held in Madrid
2nd Belarusian-Spanish business forum held in Madrid The business circles of Belarus and Spain are establishing cooperation. Madrid hosted the 2nd Belarusian-Spanish business forum. In addition to domestic companies it was attended by Belarusian diplomats. Spain is represented by more than 20 companies. Among them are Spanish market leaders in the field of renewable energy, new technologies and logistics, as well as companies producing equipment for airports and road construction.
Indonesia to purchase Belarusian tractors and trucks
Indonesia to purchase Belarusian tractors and trucks Businessmen from Belarus have gone to Indonesia for a business forum. The event in Southeast Asia ended with the signing of contracts for the supply of Belarusian tractors, trucks and buses. In addition, a joint operating company for the sale of BelAZ rock haulers will be set up in Indonesia. Also, the countries are considering prospects for the creation of joint ventures on Indian Ocean islands in order to promote Belarusian products there.
Antitrust and Trade Ministry created in Belarus
Antitrust and Trade Ministry created in Belarus The Ministry of Antitrust and Trade has been created in Belarus. The corresponding decree was signed by President Alexander Lukashenko on June 3. It is known that the new structure will include the pricing policy department of the Ministry of Economy as well as similar regional structures. It was decided to strengthen the role of the Ministry of Trade as a regulator in the domestic market.

02.06.2016

Belarusian bank gets loans worth 22 million euros from European banks
Belarusian bank gets loans worth 22 million euros from European banks European partners have provided the Belarusian bank with loans. Leading banks from Germany, Switzerland, Italy, Hungary and Albania have issued loans for Belarus which total amount is more than 20 million euros. This is the first syndicated loan Belarus has attracted in eight years. The 22 million euros will go to one of Belarusian banks. The feature of this type of loan is that it is provided by several financial companies and in different proportions.
15 regions of Russia planning to sign cooperation deals with Belarus
15 regions of Russia planning to sign cooperation deals with Belarus 15 Russian regions intend to sign cooperation agreements with the Belarusian side at the 3rd Forum of Belarusian and Russian regions. It will take place in Minsk on 7 and 8 June.
Belgium enters top 15 major trading partners of Belarus
Belgium enters top 15 major trading partners of Belarus The National Statistics Committee has published new data on foreign trade of Belarus in the first quarter of 2016. There have been some changes in the list of key partners. The main trading partner of Belarus is still Russia. Almost 50% of Belarus' turnover falls on that country. Second place is occupied by Ukraine. During the Q1 2016, the countries' trade amounted to $740 million, with Belarus' posting trade surplus. Ukraine is followed by Poland - more than $500 million, and China - nearly $485 million.
Alexander Lukashenko, World Bank's Cyril Muller discuss new cooperation road map
Alexander Lukashenko, World Bank's Cyril Muller discuss new cooperation road map A road map of cooperation with the World Bank needs to be effective. Alexander Lukashenko on June 2 discussed the future projects with the World Bank Vice-President for Europe and Central Asia. To improve the quality of life is the overall goal of the Belarusian state and the World Bank, the world's largest financial structure.

01.06.2016

BelAgro 2016 to beat attendance record - over 500 companies from 23 countries
BelAgro 2016 to beat attendance record - over 500 companies from 23 countries Minsk is preparing for the international exhibition BelAgro. The event will bring together the best agribusiness companies from 20 countries. A record number of participants - more than 500 - is expected. BelAgro will be held a Minsk-1 airport, where manufacturers will present their new farm machinery. Under the dome of the Futbolnyi Manezh arena in praspiekt Pieramozcau major domestic and foreign companies will demonstrate the latest equipment for processing agricultural products. Taking part in the exhibition will be food industry companies. 
Belarusians do not refuse from expenditures on education, leisure and charity
Belarusians do not refuse from expenditures on education, leisure and charity Belarusians do not refuse from expenditures on education, leisure and charity even in difficult economic times. This is the outcome of a survey among Belarusian Internet users. Hobbies and training are the basic things Belarusians are willing to pay for. Belarusian users spent on online courses an average of BYR 568,000 during two months - twice more than a year ago.
Belarus to share with Russia pension reform experience during 3rd Forum of Regions in Minsk
Belarus to share with Russia pension reform experience during 3rd Forum of Regions in Minsk Belarus will share with Russia its experience of pension reform. The parties will discuss urgent social issues at the 3rd Forum of Regions.  Along with the development of the pension systems Belarus and Russia, who are part of the Union State, will also consider the prospects of a common labor market and discuss key areas of social support. Ensuring healthy and safe working conditions of employees will also be the center of attention at the forum. The sides intend to intensify joint work on the approximation of legislation in this matter.
Auxiliary epidemiological authority to appear in Eurasian Economic Union
Auxiliary epidemiological authority to appear in Eurasian Economic Union An auxiliary sanitary and epidemiological authority will appear in the Eurasian Economic Union. This decision was made after the Astana meeting of the Supreme Eurasian Economic Council. The new organization will provide comprehensive assistance to countries of the Union in the carrying out of coordinated policies in the field of sanitary and epidemiological surveillance, as well as coordinate the interaction of authorized bodies on these issues.

31.05.2016

Belarus raises duties on oil and oil products exported outside EEU
Belarus raises duties on oil and oil products exported outside EEU In June, Belarus will earn more from oil exports. Including thansk to increase in the total cost of raw materials. From June 1, Belarus will raise duties on oil and oil products exported outside the Eurasian Economic Union (EEU). Product petrol price will rise by almost $9 per ton, while crude oil by more than $14. Provided that the average volume of exports per month will be 135,000 tons in June, the budget will receive nearly $2 million in addition. Fuel prices at Belarusian gas stations are to remain unchanged.
Belarus displeased with lack of progress in Eurasian Economic Union
Belarus displeased with lack of progress in Eurasian Economic Union Day of big integration in the capital of Kazakhstan. The summit of the Supreme Eurasian Economic Council in Astana approved the concept of the single market of oil and oil products. This is one of the results of May 31 talks in the Kazakh capital. In total, there were 14 issues on the agenda. The presidents of Belarus, Russia, Kazakhstan, Armenia and Kyrgyzstan also spoke about deepening of Eurasian Economic Union's (EEU) relations with third countries and international associations, and paid attention to the problems of the integration community.

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