EU gives Belarus €560,000 to encourage urban cycling
The European Union has allocated €560,000 to encourage Belarusians to ride bicycles in cities. read more
China to invest over $1.2 bn into Belarus' foodstuffs industry
Chinese business circles plan to invest over $1.2 billion into the foodstuffs production in Belarus, Agriculture Minister Leanid Zayats said. read more
Belarus sells weapons worth $1bn a year
Belarus' exports of military-purpose products in 2016 is worth approximately $1 billion, State Military Industrial Committee Chairman Siarhei Huruliou told reporters. Our country has increased arms exports twofold over the past five years, the tut.by portal reports quoting the official as saying. read more
Belarusians become cheap labor for China
Last week Lukashenka hosted representatives of the Chinese media. The meeting was held before the “One Belt — One Road” summit, which will begin work on May 14th in Beijing. Belarus will certainly participate in the forum, the head of the country said. read more
Belarus lowers export duty on crude oil and oil products
Belarus on May 1 introduced lower export duties on crude oil and refined products exported from the Eurasian Economic Union. read more
U.S. extends sanctions relief for Belarus by six months
The United States has extended sanctions relief for Belarus by another six months in the continuation of a policy started under the Obama administration to encourage the country to turn away from traditional ally Russia and toward the West. read more
Belarus gets $300 million loan from Eurasian fund
The third tranche of the Eurasian Fund for Stabilization and Development (EFSD) loan has been transferred to Belarus, Finance Ministry told the media. read more
Simulation of full employment could ruin businesses in Belarus
The staffing policy at enterprises was affected by the president’s directive to ensure full employment by May 1st, 2017. By creating additional jobs at enterprises, which need to reduce costs, managers are deteriorating their financial health, and in some cases, this could lead to bankruptcy. read more
Belaruskali's 2016 net profit plunged 80%
The 2016 net profit of the Mazyr refinery plant dived 53% down to BYN164,68 million. read more
National Bank says re-paid debt for Russian gas will not affect currency reserve
The National Bank of Belarus says that the settlment of arrears for Russian gas supplies in 2016 will not affect the country's gold and currency reserves. read more |