EFSD approves $2-billion loan for Belarus
The board of the Eurasian Fund for Stabilization and Development (EFSD) has approved a loan of $2 billion for Belarus. read more
Testing the waters: high-level EBRD delegation visits Belarus
The removal of sanctions against Belarus earlier this year has led to increased interest from institutional investors such as the European Bank for Reconstruction and Development (EBRD). read more
Belarus increases fuel supplies to Ukraine
Belarus is increasing diesel oil and petrol supplies to Ukraine while the supplies from other countries are going down. read more
Belarus expects to join WTO in the next 2-3 years, representative of Belarus Foreign Ministry says
Interaction between the World Trade Organization and Belarus activated last fall after Kazakhstan became the latest former Soviet republic to gain WTO membership on July 27, 2015. read more
Uber set to stay in Belarus despite pressure
Uber has no plans to leave Belarus, the company's representative in CIS countries Evgeniya Shipova told reporters on March 23 in Minsk. read more
Belarus' potash exports revenues drop 37%
Belarus is experiencing a drop in exports of goods, tut.by reports. In January 2016, total exports of goods amounted to 1.561 billion dollars, which is 21.2% less than in January 2015. read more
Lukashenka sets new utility rates
Alyaksandr Lukashenka on March 23 signed a presidential edict setting new utility rates for households for 2016. read more
Russia to cut Belarus revenues from petrol re-exports
The Russian Government has suspected two Russian companies of tax evasion for supplying large quantities of oil to Belarus. Amid Russian budget deficit, Belarus is likely to be prompted to either stop exports of anti-oxidants, or part with profits from re-exports in favour of Russian read more
Creator of first Belarusian coffee brand goes bankrupt
Shortly after opening a case of bancruptcy of Serge, a well-known Belarusian manufacturer of body-linen, another reputed company, Ikartime, has announced its pay inability. In the 90s Ikartime created the first national coffee brand ‘Matador’. read more |