Belarus: milk and juices popular in Chinese Wuhan

Belarusian milk and juices sell well in the Chinese city of Wuhan, Hubei Province, Yilin Zhang, head of the international economic ties department at Wuhan-Hankou Logistics Company, declared. The executive said that the company started buying milk and juices from Belarus in 2016 and increased import in 2017. The Belarusian dairy company Savushkin Product is…

Belarus: agricultural output up in January-April 2018

The agricultural output in Belarus’ enterprises of all categories in current prices reached Br3.4 billion in January-April, up by 1.5% YoY in comparable prices, the National Statistics Committee reported. The agricultural enterprises manufactured Br3.3 billion worth of products, up by 2%. The enterprises of all categories produced 607,400 tons of livestock and poultry (live weight),…

Belarus: CITIC Bank eager to buy local bank

China CITIC Bank is interested in buying a Belarusian bank. The idea was discussed as Prime Minister of Belarus Andrei Kobyakov met with a delegation of the Chinese corporation CITIC Group led by President Wang Jiong. According to Andrei Kobyakov, the possibility of buying a share in a Belarusian bank has already been discussed with…

Belarus: Mogilev meat and dairy producers seek to tap into Japanese market

Mogilev companies are planning to branch out into the Japanese meat and dairy market. Relevant contracts may be concluded at the first Belarusian-Japanese economic forum in Japan on May 9-11, Ambassador Extraordinary and Plenipotentiary of Belarus to Japan Ruslan Yesin announced. “The forthcoming forum will include meetings between Mogilev meat and dairy producers and Japanese…

Belarus: gold and forex reserves up in April 2018

Belarus’ gold and foreign exchange reserves exceeded $7 billion as of May 1, the Information and PR Department of the National Bank of the Republic of Belarus (NBRB) reported. According to the preliminary data, Belarus’ gold and foreign exchange reserves, if calculated in accordance with methods of the International Monetary Fund, totaled $7.038 billion (in…