Belarus: exports up in January-July 2018

In January-July Belarus’ export of goods and services went up by 18.8% YoY, to reach $23.7 billion, according to the statistical data published on the website of the National Bank. The foreign trade in goods and services made up $47.1 billion, up by 20.1%. The export totaled $23.7 billion, and the import exceeded $23.3 billion…

Belarus: gold and forex reserves up in August 2018

According to the preliminary data, Belarus’ gold and foreign currency reserves totaled $7,246.4 million as of September 1, if calculated in accordance with methods of the International Monetary Fund, the Information and PR Department of the National Bank of the Republic of Belarus reported. In August the country’s gold and foreign currency reserves went up…

Belarus: dairy export to China up in January-July 2018

Enterprises affiliated with the Belarusian Agriculture and Food Ministry increased dairy export to China 5.6-fold YoY in January-July, Aleksei Bogdanov, Head of the Central Office for Foreign Economic Activities of the Belarusian Agriculture and Food Ministry, declared. “In January-July Belarus’ farm export to China totaled $23.3 million, up 4.2-fold. Dairy was the biggest contributor. In…

Belarus: external debt down in January-July 2018

As of August 1 Belarus’ external debt totaled $16.5 billion, down by $179 million or by 1.1% from the beginning of the year (taking into account differences in currency exchange rates), the Finance Ministry reported. In January-July external state borrowings totaled $1,506 billion, including $600 million in eurobonds, $515.1 million borrowed from the Russian government…

Belarus: more beef to be sold to China

Belarus intends to sell more beef to China, representatives of the Embassy of Belarus in China reported after Belarusian Agriculture and Food Minister Leonid Zayats held a series of negotiations in Beijing. Leonid Zayats met with top executives of the China Meat Association (CMA), Great Silk Road Company, and Chengdu Haiyunda Company. The sides discussed…

Belarus: progress on building NPP good

The completion rate of the first unit of the Belarusian nuclear power plant stands at 80%, and that of the second unit – 60%, Mikhail Filimonov, Director General of the state enterprise Belarusian Nuclear Power Plant, declared. “The readiness of the Belarusian nuclear power plant is reflected by an integrated indicator resulting from a complicated…

Belarus: Belneftekhim exports up in H1 2018

In January-June the Belarusian state petrochemical concern Belneftekhim increased merchandise export by more than one fourth in comparison with H1 2017, the Belneftekhim press service reported after the concern’s board convened to review performance in the first half of the year. In H1 Belneftekhim’s merchandise export growth rate reached 128.5% as against January-June 2017, with…