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Economy

Grigory Rapota. An archive photo
Europe, China show interest in high-speed railway line between St Petersburg, Hamburg via Minsk
28 November, 17:16
“Several foreign companies – both European and Chinese ones – which are interested in taking part in such a project have already contacted us,” Grigory Rapota said.
An archive photo
Losses of Belarusian oil refineries due to tax maneuver estimated to reach $5.8bn by 2025
28 November, 16:35
Andrei Bunakov said: “In 2019-2024 losses of the Belarusian oil refineries due to the tax maneuver (in comparison with the conditions that were in effect before the tax maneuver was introduced in 2018 and with oil priced at $60 per barrel) will be about $5.8 billion.”
Head of the World Bank Office in Belarus Alex Kremer, economists Kirill Gaiduk and Marina Sidorenko
WB to present Belarus' business environment survey results in December
28 November, 15:58
In December 2019, the World Bank will present the results of the Business Environment and Enterprise Performance Survey (BEEPS) in Belarus that was carried out by the World Bank and the European Bank for Reconstruction and Development.
Opinion: WTO membership will help Belarus to diversify exports, attract investment
28 November, 14:58
Accession to the WTO will help Belarus to diversify exports and make the country's more attractive for investors, Ambassador-at-Large of the Ministry of Foreign Affairs, Chief Negotiator on Belarus' accession to the WTO Vladimir Serpikov said.
Kiryl Haiduk
Belarus encouraged to take structural measures to reduce low GDP growth period
28 November, 13:53
The economist said: “The period of low growth Belarus risks entering can be reduced by implementing measures of structural nature in 2020-2021. We've repeatedly mentioned it – the restructuring of the state sector, which will require stronger social security."
Alex Kremer. An archive photo
WB to grant Belarus $100m to upgrade universities
28 November, 13:32
The project is designed to help Belarus develop learning aids in compliance with the standards and requirements of the Bologna system and to help the country establish an independent quality management system based on the principles and values of the Bologna Process.
Archive photo
Belarus to send business delegations to Russia's Samara Oblast, Bryansk Oblast in December
28 November, 13:20
“The visits will be arranged in line with the Russian export promotion program. We urge Belarusian companies to take part in these events in order to establish ties with Russian partners,” representative of the Brest Office of the BelCCI Yelena Pivnik said.
Alexandra Solovieva. An archive photo
Belarus' accession to WTO expected to facilitate UNDP projects
28 November, 12:48
Membership in the organization will help the country to ensure stable and predictable terms of trade with the international community and to offer foreign investors and manufacturers operating in Belarus commonly recognized rules of doing business.
Swedish turbines to help integrate BelNPP into national power grid of Belarus
28 November, 11:51
Belarus will use Swedish turbines to integrate the nuclear power plant into the national power grid. The appropriate Belarusian-Swedish contract was signed in Finspang, Sweden on 27 November.
An archive photo
Belarus to raise oil export duties on 1 December
28 November, 09:46
On 1 December 2019 Belarus will raise customs duties on oil and petroleum products, which are exported outside the customs territory of the Eurasian Economic Union.
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