Belarus: GDP up in Q1 2017

According to initial estimates, in January-March Belarus’ gross domestic product totaled Br22.4 billion or 100.3% in comparable prices as against Q1 2016, the National Statistics Committee of Belarus reported.

In January-March the GDP deflator index amounted to 107% as against the same period of last year. (BelTA/Business World Magazine)

Belarus: Belaruskali to make new kind of fertilizers using Chinese technologies

The Belarusian potassium manufacturer Belaruskali intends to start making a new kind of fertilizers using Chinese technologies, Ivan Golovaty, Belaruskali Director General, member of the International Affairs and National Security Commission of the Council of the Republic of the National Assembly of Belarus, declared. The executive said that Belaruskali was considering a number of investment…

Belarus: inflation at 0.3% in March 2017

In March the index of consumer prices for goods and services totaled 100.3% as against February 2017 and 101.7% as against December 2016, the National Statistics Committee of Belarus reported. In March the basic index of consumer prices that disregards changes of prices for the commodities and services affected by administrative and seasonal factors reached…

Belarus: Bobruisk-made tractors on display in UK

The first presentation of Belarus compact tractors made at the Bobruisk Plant of Tractor Parts and Units took place at Junction 24, one of the largest livestock markets of the UK Sedgemoor Auction Center. The presentation of Belarusian products was organized by the Banwell-based company Belarus Tractors Ltd. Since 2016, this company has been the…

Belarus to boost trade with Pakistan to $1 billion

Belarus and Pakistan can boost trade to $1 billion by 2020, Belarusian Industry Minister Vitaly Vovk said during an event marking Pakistan National Day on March 23. “Belarus-Pakistan relations are growing stronger year by year and the bilateral cooperation is developing fruitfully in all fields,” Vitaly Vovk said. “The last two years became a watershed…

Belarus: EU ready to assist with SME development

The European Union is ready to provide all-round support to Belarus in developing small and medium-sized enterprises (SMEs), Head of the European Union Delegation to Belarus Andrea Wiktorin said at the presentation of the peer review project “Upgrading SME Capacity Through Business Support Services in Belarus” on March 15. Andrea Wiktorin emphasized the urgency of…

Belarus: dairy farming practices praised

Belarus’ experience in dairy farming is great and is worth to learn from, Chairman of the National Union of Milk Producers Soyuzmoloko (Russia) Andrei Danilenko said. “There is no denying that Belarus has a number of objective advantages that enable its farmers to manufacture highly-competitive products in terms of prices. Firstly, Belarus has long been…

Belarus: ways to boost foreign trade sketched out

An expanded-participation meeting of the board of the Ministry of Foreign Affairs of Belarus reviewed the ministry’s performance in 2016, the press service of the ministry reported. The meeting gathered members of the government, representatives of the Belarus President Administration, the National Assembly, the National Bank, heads of the national government agencies, region executive committees…

Belarus to work with Uralkali if interests respected

Minsk is ready to cooperate with Russian potash fertilizer producer Uralkali if the company respects interests of Belarus to the degree of “200%”. While hearing a report on operation of Belarusian Potash Company, or Belaruskali, the Belarus president Alexander Lukashenko said that representatives of Russia had repeatedly asked him to restore cooperation between Uralkali and…

Belarus: MAZ to offer deluxe European trucks in 2017

This year the Belarusian automobile engineering company MAZ will start making Euro-6 compliant trucks for the European market, representatives of the company reported. The Belarusian automaker intends to sell new dump trucks, chassis, and truck tractors with various wheel formulas (4×2, 6×4, and 8×4) to the European Union. The trucks will be powered by Mercedes-Benz…