Belarus: exports to go up by 2020

Belarus’ Council of Ministers approved of the national export promotion program for 2016-2020 and a roadmap for its implementation. The plan is outlined in Decree No. 604 of August 1, the press service of the Belarusian government reported. “The national program does not provide a detailed forecast for external trade in 2016-2020 but spells out…

Belarus: electrical power output down H1 2016

Electrical power output of Belarus’ power generating companies reduced by 2.8% YoY in January-June, to 16.6 billion kilowatt-hours (kWh), an official with the National Statistics Committee of Belarus (Belstat) reported.

Thermal energy output in H1 2016 went up by 0.9% YoY, to 32.8 million gigacalories. (Prime-TASS/Business World Magazine)

Belarus: gold and forex reserves up in July 2016

In July Belarus’ gold and foreign exchange reserves rose by $315.4 million if calculated in accordance with methods of the International Monetary Fund. According to preliminary data, the reserves totaled $4,629.6 million as of August 1, according to the Information and PR Department of the National Bank of the Republic of Belarus. In national terms…

Belarusian and Kazakh forestry industries eager to advance cooperation

Forestry industries of Belarus and Kazakhstan intend to advance scientific, technical, trade and economic cooperation. The agreement was reached when a Belarusian delegation led by Forestry Minister Mikhail Amelyanovich met with Deputy Agriculture Minister of Kazakhstan Yerlan Nysanbayev, the press service of the Belarusian Ministry of Foreign Affairs reported. Representatives of forestry enterprises and organizations,…

Belarus: turn-key construction services to Russia’s Stavropol Territory offered

Belarus is interested in implementing turn-key construction projects in Stavropol Territory. The press service of the Belarusian Architecture and Construction Ministry released the statement after Deputy Architecture and Construction Minister Dmitry Semenkevich and Director General of the civil engineering holding company Belstroycentr Alexander Studnev visited the Russian region. During the meeting representatives of Belarus and…

Belarus: external state debt up in H1 2016

As of July 1, Belarus’ external state debt totaled $13.1 billion, up by $637.1 million, or 5.1% since the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry said. In January-June external state borrowings totaled $943.8 million, including $500 million borrowed from the Eurasian Fund for…

Belarus: MAZ ships 100 buses to Russia

The leasing company TK Leasing, an official dealer of the Belarusian mechanical engineering company OAO Minsk Automobile Plant (MAZ trademark), has finished shipping 100 vehicles to Kaliningrad GorTrans, the municipal mass transit enterprise of the Russian city of Kaliningrad, the press service of the Embassy of Belarus in Russia reported. The sum of the contract…

Belarus to step up cooperation with Zimbabwe

Belarus and Zimbabwe intend to step up cooperation in trade and economic affairs, the press service of the Embassy of Belarus in Russia reported after Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Igor Petrishenko met with Ambassador Extraordinary and Plenipotentiary of Zimbabwe to the Russian Federation with concurrent accreditation to Belarus Mike Nicholas Sango…

Belarus: 1 million tons of grain harvested

Belarusian agrarians have cropped the first million tons of grain, the Agriculture and Food Ministry said. As of July 25, Belarus’ grain harvest exceeded 1.1 million tons. Gomel Oblast harvested 383,600 tons, Brest Oblast – 296,700 tons. Minsk Oblast and Mogilev Oblast harvested 259,900 and 72,900 tons respectively. The harvest of Grodno Oblast agrarians reached…