Belarus: gold and forex down in March 2018

Belarus’ gold and foreign exchange reserves totaled $6.99 billion as of April 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 totaled $6.994 billion (in equivalent) as of April 1. In March the country’s gold and…

Belarus: BelAZ exports up in Q1 2018

BelAZ, the managing company of BelAZ holding company, increased its exports by 80% YoY in Q1, the company reported. In January-March the company exported about 96% of its products. The company sold to 24 countries. Russia, Uzbekistan and Kazakhstan made up the top three customers of the Belarusian factory. BelAZ increased supplies to Russia by…

Belarus: BelGee aiming for long-term goals

The management of the BelGee factory is intent on enabling conditions for the future development of the enterprise, Belarusian First Deputy Industry Minister Gennady Svidersky said, who is the acting director general of the enterprise now. The executive said: “Making cars, which can compete on the global market, is the key task for us. If…

Belarus: Construction Ministry to expand cooperation with Russia and Ukraine

Belarus’ Construction and Architecture Ministry will expand cooperation with Russia and Ukraine, Belarus’ Construction and Architecture Minister Anatoly Chernyi declared. “There are plans to hold meetings with the governors of Bryansk region and Smolensk region. The meeting with the Kaliningrad region governor is scheduled for next week. Plans are in place to build the Belarusian…

Belarus: milk production up in 2017

In 2017 Belarusian agricultural enterprises of all kinds (state-run agricultural enterprises, private farming enterprises, and personal subsidiary economies) produced 7,321,900 tons of milk, up 2.5-fold YoY, the National Statistics Committee reported. As of January 1 the cattle population in the agricultural enterprises of all kinds made up 4.4 million, up by 1.5%, including 1.5 million…

Belarus: MTZ’s export up in 2017

MTZ’s export rose by 26% YoY, to $561 million in 2017, Yuri Pototurko, the acting deputy director general for marketing – marketing director of Minsk Tractor Works (MTZ trademark), said at an international conference of MTZ distribution network entities. MTZ significantly built up exports to a number of countries: Russia, Uzbekistan, Kazakhstan, Azerbaijan, Tajikistan, Kyrgyzstan,…

Belarus: food on display in Dubai

Belarusian foods are showcased during the international expo of agricultural products, food, and beverages Gulfood 2018 in Dubai, United Arab Emirates, the press service of the Belarusian Ministry of Foreign Affairs reported. A Belarusian pavilion was arranged with assistance of the Embassy of Belarus in the UAE. It features products made by a number of…

Turkmenistan: co-operation with Belarus to develop

President of Turkmenistan Gurbanguli Berdimuhamedov confirmed the structure of the Turkmen part of Turkmen-Belarus intergovernmental committee on scientific and technological cooperation. Document was signed in order to further develop cooperation between Turkmenistan and Belarus, a message of the Turkmen government said. Turkmenistan is one of the key partners of Belarus in Central Asia, message on…

Belarus: Belneftekhim’s exports up in 2017

The organizations affiliated with the Belarusian state petrochemical concern Belneftekhim increased the export of goods to $7.7 billion in 2017, by 27.5% YoY, Belneftekhim Chairman Igor Lyashenko noted at a session to assess the performance of the concern in 2017. In 2017 the concern met the main targets in foreign trade in goods and services.…