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News
[02-09-2016 09:52]:  Belarus
TAPAS Group seeking general contractor for trade centre project
TAPAS Group is due to conduct a contest at 16:00 on Sep 22, 2016 to choose a general contractor for an $18.8 million project (Br136.863m) to build a trade centre with entertainment facilities and an underground parking.  Read
[02-09-2016 09:48]:  Belarus
Belarus’ electricity export to Lithuania up 11.8% in H1 to 75.5m kWh
Belarus increased electricity exports to Lithuania 11.8% year on year in January-June 2016 to 75.5 million kWh, according to official statistical reports. Belarus’ proceeds from electricity export to Lithuania grew 13.2% to $4.257 million. Read
[02-09-2016 09:37]:  Belarus
Polimir views EU as priority market for acrylic fibre export
Polimir exports 80% of synthetic fibre and views the EU as a lucrative market, as acrylic fibre prices are high there. Besides, the manufacturer is geographically close to the EU, which reduces the delivery time after receiving advance payments. Read
[02-09-2016 09:34]:  Belarus
More credits of domestic woodworking cos assigned to Belarus Development Bank
The Finance Ministry of Belarus will redeem more credits once issued by Belarusian banks to domestic woodworking companies and will subsequently reassign those credit debts to OAO Belarus Development Bank.  Read
[02-09-2016 09:32]:  Belarus
Belarus reports $1.934bn commodity trade deficit in Jan-Jul 2016
Belarus’ foreign trade deficit stood at $1.934 billion in January-July 2016 to compare with a $1.457 billion deficit in January-July 2015. Commodity exports decreased 18.6% year on year in Jan-Jul 2016 to $13.116 billion, while imports decreased 14.4% month on month to $15.050 billion. Read
[02-09-2016 09:29]:  Belarus
EEC set to speed up collaboration between EEU, China’s Silk Road
The Eurasian Economic Commission (EEC) is determined to speed up the process of associating the Eurasian Economic Union (EEU, includes Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan) with China’s Silk Road project.  Read
[01-09-2016 17:24]:  Belarus
Belarus, Georgia to raise bilateral trade to $200m in 2017
Belarus and Georgia intend to raise their trade up to $200 million in 2017. The countries managed to double trade with Georgia in H1 2016 alone. Read
[01-09-2016 14:21]:  Belarus
Belarus to sign agreement on participation in Expo 2017 on 5 September
Expo 2017 Commissioner Rapil Zhoshybaev will visit Minsk on 5 September to meet with Belarus' First Deputy Minister of Foreign Affairs, Commissioner of the Belarusian section at Expo 2017 Andrei Yevdochenko. Read
[01-09-2016 12:26]:  Belarus
Georgia interested in Belarusian concrete motorway construction practices
Georgia is interested in Belarus' experience concerning the construction of motorways, including concrete ones which are designed to last longer than conventional motorways. As a matter of principle, Georgia is ready to see Belarus as partners in building such roads. Read
[01-09-2016 10:36]:  Belarus
Belarus lifts restrictions on motor fuel export
On 1 September 2016 the Council of Ministers of Belarus abolished restrictions on the export of motor fuel from the territory of Belarus. The relevant decision is laid down by the Council of Ministers' executive order No.526 of 1 July 2016. Read
[01-09-2016 10:32]:  Belarus
NBRB eases foreign currency sale requirement as from 1 September
With a view to the gradual liberalization of currency relations, the National Bank decided to ease the requirement for the obligatory sale of foreign currency by Belarusian exporting companies from 30% to 20% of the total foreign currency receipts on 1 September. Read
[01-09-2016 10:16]:  Belarus
Mozyr NPZ seeking supplier of air compressor facility
Belarus’ Mozyr NPZ oil refinery is due to conduct an open tender on September 29, 2916 to purchase an air compressor facility worth Br1.773 ($905.608m). The closing date for applications is September 28, 2016. Read
[01-09-2016 10:10]:  Belarus
Belarus cuts Russian electricity import 5.9% in H1 2016 to 1.331bn kWh
Belarus’ expenditures on electricity imports from Russia reduced by 7.1% year on year in H1 2016 to $56.122 million. Belarus imported 1.331bn kWh of electric energy from Russia in H1 2016, down 5.9% year on year. Read
[01-09-2016 10:00]:  Belarus
Belarus’ proceeds from liquefied gas export to Russia up 82% to $13.605m in H1 2016
Liquefied gas exports to Russia by Belarus’ state oil and gas production monopoly Belorusneft edged up 82% year-on-year in January-June 2016 to $13.605 million.  Read
[01-09-2016 09:49]:  Belarus
Belarus’ proceeds from Russia-bound petrol exports down 79% in Jan-Jul 2016 to $66m
Belarus’ oil product exports to Russia reduced 79% year on year in value terms in Jan-July 2016 to $66 million. In physical terms, Belarusian oil product exports to Russia reduced 64% year on year in Jan-Jul 2016 to 196,230 tonnes.  Read
[01-09-2016 09:39]:  Belarus
Belaruskali starts excavation of second shaft at Petrikov plant
OAO Belaruskali has embarked on the excavation of the second shaft at Petrikov Mining and Refining Plant (Gomel Region). The first shaft, which is supposed to be 800 metres deep, will be used for extracting sylvinite ore, while the other shaft (725m) is reserved for moving cargoes and ventilation. Read
[01-09-2016 09:34]:  Belarus
EEU promotes mutual recognition of auditor qualification certificates
The Eurasian Economic Commission (EEC) has prepared a bill intended to create a single market of audit services in the Eurasian Economic Union (EEU, includes Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan). Read
[01-09-2016 09:33]:  Belarus
Belarus Development Bank assumes control over Belinvestbank’s $54,858m credits to Belagroservice
The debt on Belinvestbank’s credits to Belagroservice will be assigned to OAO Belarus Development Bank, in accordance with government resolution No. 685 of Aug 29, 2016. Read
[01-09-2016 09:18]:  Belarus
Belarus’ internal debt down 2.63% in July 2016 to Br13.638bn
Belarus’ internal debt reduced by 2.63% on the month in July 2016 to 13.638 billion Belarusian rubles ($6.966 billion) as of August 1, 2016 by the International Monetary Fund’s Special Data Dissemination Standards. Read
[31-08-2016 15:26]:  Belarus
Ambassador: Belarus, Vietnam can reach bilateral trade target of $500 million
Belarus and Vietnam will be able to ramp up the supplies, as was agreed, and increase the trade to $500 million. Read
[31-08-2016 14:48]:  Belarus
Belarus' external state debt up 6.8% to $13.3bn in January-July
As of 1 August 2016 Belarus' external state debt totaled $13.3 billion, up by $847 million or 6.8% since the beginning of the year (taking into account differences in currency exchange rates). Read
[31-08-2016 14:39]:  Belarus
Belarus to cut oil export duties 1 September
Belarus will reduce export duties on oil and oil products exported outside the customs territory of the Eurasian Economic Union on 1 September 2016.  Read
[31-08-2016 10:01]:  Belarus
Belarus’ liquefied gas export proceeds down 30.5% to $73.7m in H1 2016
Liquefied gas exports by Belarus’ state oil and gas production monopoly Belorusneft edged down 30.5% year-on-year in January-June 2016 to $73.7 million. Belarus decreased liquefied gas export by 11.4% in January-June 2016 to 2,988,300 tonnes.  Read
[31-08-2016 09:44]:  Belarus
Belarus reports 38.3% drop in Jan-Jun proceeds from potash exports to $896.215m
Belarus’ proceeds from potash exports fell 38.3% year-on-year in Jan-Jun 2016 to $896.215 million. Potash export proceeds reduced as a result of a 22.19% decrease in the physical volume of Belarusian potash supplies to 2.31 million tonnes (in terms of 100% potassium chloride). Read
[31-08-2016 09:40]:  Belarus
Belarus launches mediation services portal
A mediation services portal has been launched in Belarus to promote out-of-court settlement of disputes between companies.  Read
[31-08-2016 09:28]:  Belarus
Belarus to hold investment forum focused on innovations, FDI, intellectual property rights
Belarus is due to host an investment forum in Minsk on September 29-30, 2016. Entitled “Broadening the Horizons: Investment, Finance, Development”, the forum will focus on innovations, inflow of foreign direct investments (FDI), and protection of intellectual property rights. Read
[30-08-2016 17:46]:  Belarus
Belarus' Mogilev Region, China's Hunan Province sign memorandum of friendship
Mogilev Region of Belarus and Hunan Province of China have signed a memorandum on developing friendly relations. Mogilev Region and Hunan Province discussed two pilot projects. These include China's investment in Mogilevtransmash and the production of special-purpose equipment. Read
[30-08-2016 15:49]:  Belarus
Minsk to host CIS financial and economic forum in October
The CIS financial and economic forum will take place in Minsk in October. The financial and economic forum will be held as part of the meeting of the CIS Heads of Government Council in Minsk. Almost every member state expressed its readiness to take part. Read
[30-08-2016 15:44]:  Belarus
Plans to implement UN social entrepreneurship project in Grodno Region
Plans have been made to implement a pilot project of the United Nations Organization to develop social entrepreneurship in several areas in Grodno Region. The project is supposed to be implemented in October-December 2016.  Read
[30-08-2016 14:42]:  Belarus
Agriculture Ministry: Belarus' share in foreign food markets continues to grow
The annual output in Belarus is large enough to meet the domestic demand and to increase export. This year Belarus plans to export about 300,000 tonnes of potatoes, more than 160,000 tonnes of vegetables and 32,000 tonnes of fruits and berries. Read

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