The China-Belarus industrial park Great Stone and the Suzhou industrial park have signed a cooperation agreement, the press service of the Belarusian Ministry of Foreign Affairs reported. The agreement was signed in conclusion of the second session of the Belarusian-Chinese commission on trade and economic cooperation as well as the eighth session of the working…
Issues related to expansion of economic cooperation between Tajikistan and Afghanistan were discussed at a roundtable entitled “Commercial Opportunities of Tajikistan and Afghanistan” that took place in Dushanbe on August 16. The meeting brought together representatives of relevant bodies of Tajikistan, Afghan Embassy in Dushanbe, international organizations active in Tajikistan, as well as Tajik and…
Belarus is due to hold an auction on September 8, to sell 16 buildings and some other property owned by Rechitsapivo brewery (Gomel region), the State Property Committee of Belarus said in a release. Rechitsapivo had been a unit of Belarus-based Heineken breweries until Heineken chose to reduce personnel and move all beer and kvass…
Belarus-based manufacturers of alcoholic beverages and beer are free to choose when to pay excise taxes to the state budget: after they ship goods to consumers, or after they receive payment for the goods shipped. Belarus’ head of state has adopted an ordinance to sustain the current practice in 2017-2018. Other Belarusian manufacturers are supposed…
Belarus’ gross domestic product (GDP) dropped by 2.7% YoY in January-July 2016 to 52.6 billion Belarusian rubles ($27.1 billion at the central bank’s exchange rate), an official with Belarus’ National Statistics Committee said. Industrial output in January-July fell by 2% YoY to Br45.1 billion ($23.2 billion). Farm output grew by 4.2% to Br6.2 billion ($3.2…
Belarus’ fixed-capital investments and investments in construction dropped by 20.6% YoY in January-July to Br9.2 billion ($4.8 billion), the National Statistics Committee (Belstat) said in a report. As much as 3.1 billion rubles ($1.6 billion) was spent on buying machines, equipment, and vehicles, down by 24.9% YoY. Investments in construction and assembly operations totaled Br5…
Belarus’ chemical company OAO Grodno Azot has been receiving equipment made by Germany’s ThyssenKrupp Industrial Solution to be installed at a new nitric acid plant, which is currently under construction, a Grodno Azot official reported. In early 2016 Grodno Azot started an active phase of the project worth $170 million to build a nitric acid…