Belarus: Belaruskali has enough contracts to work at full capacity till March 2017

The state-owned Belarusian company OAO Belaruskali has enough potash export contracts to operate at full capacity till March 2017, a Belaruskali representative reported. Belaruskali’s production facilities have been operating at full capacity since July, when Belarus Potash Company (Belaruskali’s key export trader) signed long-term contracts to ship potash fertilizers to consumers in India and China…

Belarus and Pskov region enjoying growth in mutual trade

Belarus and Pskov region (Russia) demonstrated a considerable growth in the mutual trade in a number of positions. Cooperation prospects in various areas were discussed at the meeting of the Belarusian delegation led by Vice Premier Anatoly Kalinin with Pskov region governor Andrei Turchak, spokeswoman for the Belarusian Architecture and Construction Ministry Yevgeniya Filimonova reported.…

Belarus: GDP down in January-October 2016

Belarus’ gross domestic product (GDP) reduced by 2.8% YoY in January-October to 78.097 billion Belarusian rubles ($39.87 billion at the central bank’s exchange rate), an official with Belarus’ National Statistics Committee reported. Industrial output in January-October fell by 1.5% YoY to Br64.93 billion ($33.15 billion). Farm output grew b 3.8% YoY to Br13.547 billion ($6.92…

Belarus and Germany discuss investment cooperation

Belarusian Minister of Foreign Affairs Vladimir Makei met with Michael Harms, Executive Director of Germany’s Committee on Eastern European Economic Relations, to discuss ways to step up the cooperation between the two countries, the press service of the Belarusian Ministry of Foreign Affairs reported. “The parties discussed prospects for bolstering the trade and investment cooperation…

Belarus: Belaruskali ups solid alkali output amid high demand

The state-owned OAO Belaruskali increased solid alkali output to meet the growing consumer demand for this product, a company representative reported. Solid alkali is manufactured at Belaruskali’s electromembrane process factory, which resumed operation in late October. Belaruskali has started supplying solid alkali in 25-kilo bags. The product is shipped to customers in Belarus, Russia and…

Belarus: producer prices up in October 2016

Belarusian producer prices in October increased by 0.3% MoM (up by 8.1% compared to the level of December 2015), the National Statistical Committee (Belstat) reported. Construction prices grew by 0.5% MoM (up by 3.4% compared to the level of December 2015). Freight tariffs (all means of transportation) reduced by 0.5% MoM but increased by 4.5%…

Belarus: BelAZ ships 14 heavy-duty trucks to Russian consumers

Belarus’ BelAZ heavy-duty truck manufacturer (Zhodino, Minsk region) shipped 14 BelAZ-7547 trucks for open-cast mining operations with a load capacity of 42-45 tons to customers in Russia’s Central and Ural districts, BelAZ said in a release. The shipments were facilitated by Russia’s National Non-metallic Company and BelTransLogistic Ltd. BelAZ made a three-year partnership deal with…

Belarus: economic efforts paying off

The economic efforts made by the Belarusian Government and the National Bank over the past two years have been effective, Belarus’ Deputy Economy Minister Dmitry Krutoy said when speaking at the 11th international conference on Eurasian economic integration in Moscow. “In recent years a consensus has been reached in Belarus on the main objective which…

Belarus earmarks $49.5 million to pay for green energy in 2016

Belarus’ energy concern Belenergo will spend $49.5 million in 2016 to purchase electric energy produced by power generating facilities, which use renewable energy sources, a Belenergo official reported. Belarus’ green power generating facilities will produce an estimated 281.8 million kWh of electric energy in 2016 Belenergo’s tariff on electricity produced by power generating facilities, which…

Belarus: winter crops face bad weather conditions

Due to predominantly below-normal temperatures, winter crops faced bad weather conditions for their growth and development in October. In most of the country, the accumulated sum of effective degree-days was lower than in October 2015 when winter crops were also exposed to warmth shortages. Winter crops stopped active growth one or two weeks ahead of…

Belarus: GDP energy intensity halved

The energy intensity of Belarus’ gross domestic product was halved in the last 13 years. The information was released by Vitaly Kretsky, Head of the Department for Organizational and Legal Work and Interaction with Mass Media in the State Standardization Committee of Belarus. The official said: “The energy intensity of Belarus’ GDP has been halved…

Belarus: food products popular in the CIS

Belarusian food products are in demand on all the markets of the Commonwealth of Independent States (CIS), Belarusian Antimonopoly Regulation and Trade Minister Vladimir Koltovich reported. “Foreign partners like Belarusian products. Russians, Ukrainians and Kazakhs know that the Belarusian quality is high, and our products are welcome on all the CIS markets”, the minister stressed.…