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Economy

Archive photo
Belarus, Italy to consider setting up joint subpark at Great Stone
16 January, 12:36
The workshop was organized under the aegis of the Italian National Association of Builders (ANCE). The Great Stone was touted to Italian construction companies as the most ambitious and profitable business project.
Possibility of importing oil to Belarus via Latvian ports confirmed
16 January, 12:25
The prime minister said: “As for economic relations, transportation and logistics where we already have relations represent the most logical way [for advancing the relations].”
Sergei Rumas
Belarus, Latvia urged to make most of transit potential
16 January, 10:22
Being neighbors and countries with a great transit potential we should build a constructive and pragmatic dialogue and make the most of our geopolitical location. Transport and logistics have always been a strategic area of our cooperation, Sergei Rumas said.
Krisjanis Karins and Sergei Rumas
PM: Belarus seeks more financial, technical assistance from EU
16 January, 09:56
Belarus is interested in expanding the instruments of financial and technical assistance from the European Union, Belarusian Prime Minister Sergei Rumas said as he met with Latvian Prime Minister Krisjanis Karins.
Viktor Karankevich. An archive photo
Belarus to resume gas talks with Russia in January
16 January, 09:02
Belarus has plans to resume gas talks with the Russian Federation by the end of January, Belarusian Energy Minister Viktor Karankevich told reporters on 16 January.
Leonid Zayats
Private farmers described as pillar of agribusiness in Mogilev Oblast
15 January, 19:25
The governor said: “The development of private agricultural enterprises continues in Mogilev Oblast. Their performance has increased greatly in comparison with last decade. In the future we will be able to consider small enterprises as substantial and reliable support for the regional agribusiness.”
Reverse oil deliveries from Poland to Belarus technically possible
15 January, 18:33
However, Andrei Verigo made it clear that the Polish side cannot pump oil to Belarus and from Belarus at the same time. “Only intermittent reverse deliveries are possible. For instance, we could pump oil to Mozyr for a week and from Mozyr for three weeks. It is quite technically feasible in this manner," he said.
Andrei Verigo
Oil transit to Europe unaffected by pipeline repairs in Belarus
15 January, 16:04
The executive said: “Interests of oil buyers in Poland and Germany will not be affected. Everything has been agreed. Moreover, repairs of a section of the oil pipeline in Mozyr District coincide with similar work in Russia."
RAEX-Europe confirms credit ratings of Belarus at ‘В'
15 January, 15:20
“These are supported by improved macroeconomic stability, as evidenced by the success in containing inflation, reduced volatility of the exchange rate as a result of the introduction of the floating exchange rate regime and strengthened international reserves. In addition, we observe prudent fiscal policy and reduced government indebtedness,” the agency said.
Photo courtesy of belarus-tractor.com
Belarusian MTZ to roll out new generation of forest harvesters
15 January, 15:14
MTZ designed the current lineup of forwarders, harvesters, and other vehicles and machines for forestry enterprises in the 2000s. They are in need of improvement. It is necessary to, first of all, computerize the controls in order to make driving them and finding faults easier.
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