Belarus: Egypt interested in setting up manufacturing enterprises

Egypt is interested in setting up manufacturing enterprises together with Belarus. The relevant possibilities were discussed during the latest meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to Egypt Sergei Rachkov and Egyptian Assistant Foreign Minister for European Affairs Ihab Nasr, the press service of the Belarusian Ministry of Foreign Affairs reported. During the meeting…

Belarus: China to invest 700 million RMB in housing construction in 2016-2017

China’s investments into the construction of multi-storied apartment buildings in Belarus in 2016-2017 will total 700 million yuan (RMB), Belarus’ Vice Minister of Architecture and Construction Alexander Kruchanov said in a statement. According to him, Belarus is currently short of finance for housing construction and China’s gratuitous aid will somehow improve the situation. Chinese investors…

Russia: Caspian flotilla ships perform artillery firing missions within the “Caucasus-2016” exercise

The Caspian flotilla ships Volgodonsk and Makhachkala within the strike grouping have performed artillery firings in the assigned zones of the Caspian Sea at the strategic command-and-staff exercise “Caucasus-2016”, the press center of RF Defense Ministry reported. The ships also repelled attacks of simulated enemy surface ships. Besides that crews practiced air defense in movement…

Belarus: car tire market to shrink in 2016

The capacity of Belarus’ automobile tire market is likely to reduce slightly in 2016, Belarus’ tire manufacturer Belshina said in a statement. Belarus’ tire market grew to 1.4 million units in H1 2016, including passenger car tires – 67.3% (down by 2,7% since early 2016), truck tires – 16.5% (up by 1.5%), farming machinery tires…