Belarus, Sudan and Egypt are considering the possibility of using mechanisms of non-monetary discharge of foreign trade obligations in mutual trade, the State Property Committee reported. Representatives of the National Bank of Belarus, Belarusbank, and GO Belresursy held talks in Khartoum and Cairo. The parties agreed that non-monetary discharge of obligations in the export of…
Israel is interested in buying Belarusian food, Ambassador Extraordinary and Plenipotentiary of Israel to Belarus Alon Shoham reported. The ambassador noted that Israel grew increasingly interested in buying organic food. “We believe that Belarusian products offer very good quality. We believe that Belarusian foods are organic and up to high standards. We are considering the…
In January-May the Belarusian automobile engineering company BelAZ exported 120% more merchandise in comparison with the same period of last year, BelAZ representatives reported. This year BelAZ products have been exported to 22 countries. In January-May export to Russia rose 2.2-fold YoY. Export to non-CIS states went up by 130%, with export to CIS states…
Almost 90% of cars produced at the new plant BelGee will be shipped for the Russian market, Belarus Industry Minister Vitaly Vovk said. “Geely company will buy almost 90% of our cars for the distribution on the Russian market,” the minister said. According to Vitaly Vovk, if in the coming years the factory reaches the…
The Stadler trains for the Minsk subway will be produced entirely at the Belarusian enterprise Stadler Minsk, Stadler Rail Group CEO Peter Spuhler declared. “We have won a tender to supply trains for the Minsk subway. Our engineers are busy designing the new rolling stock. The trains for the subway will be assembled entirely at…
Belarus’ National Bank will unify the methods of calculating the gold and foreign exchange reserves, the information and public relations department of the National Bank reported. As of July 1, the status of the gold and foreign exchange reserves will be characterized by a single indicator – the value of the International Reserve Assets (IRA)…
The reduction of the customs duty on the export of potash fertilizers will not substantially influence the state budget, Belarusian First Deputy Finance Minister Maxim Yermolovich declared after an expanded-participation session of the Budget and Finance Commission of the House of Representatives of the National Assembly of Belarus on June 14. When asked whether this…