Plans have also been made to replace a total of 40 meters of the pipes. The work is supposed to be finished on 17 January. The source explained that the work will reduce the throughput capacity of the Mozyr-Brest section of the DN700 oil pipeline in January.
So far, sale of these products is not regulated by the country's legislation. The Belarusian Ministry of Antimonopoly Regulation and Trade proposed a ban on sale of nicotine-containing chewing products to minors, in markets and on the internet, as well as on their in-store display.
The year-on-year core inflation has been decelerating for the past four months, the review reads. In December 2019 it dropped to 3.5% (3.7% in November 2019). This mostly came on the back of price deceleration for foodstuffs.
Expo 2020 is scheduled to take place in Dubai, United Arab Emirates from 20 October 2020 through 10 April 2021. As many as 190 countries have already confirmed their participation in the forum. The organizers expect to welcome over 25 million visitors.
Companies with Belarusian, Austrian, and Polish capital intend to set up enterprises at the industrial sites of the FEZ Grodnoinvest in Grodno and Svisloch. This will create more than 560 new well-paid jobs.
The official said: “Everything proceeds on schedule. We expect we will be able to float eurobonds soon. However, we will become technically ready to float them in Q1 2020. We will have to evaluate the advisability of floating them depending on the state of the market.”
When asked whether the situation with Russian oil deliveries has affected Belarus' budget, the official said: “We are working in line with the approved budget. There is no need for any emergency tweaks.”
More than $217 million worth of contracts were signed by Belarusian companies as they took part in foreign exhibitions with the help of Belinterexpo exhibition operator at the Belarusian Chamber of Commerce and Industry in 2019, Belinterexpo director Evgeny Vvedensky told the media.
The CEO said: “It is not a delay. It is on schedule. It is impossible to launch an enterprise and reach the designed output capacity right away: once it is commissioned in 2021, the enterprise will need three years to reach the designed output capacity.”