Belarus: trade with Armenia to increase

Belarus and Armenia have a big potential to increase mutual trade, Belarus’ Prime Minister Andrei Kobyakov said at a one-on-one meeting with his Armenian counterpart Karen Karapetyan. According to Karen Karapetyan, last year the two countries increased trade by 20%. However, the two states can do much more. “There are more opportunities for trade growth.…

Belarus: BCC cement exports up in 2017

In 2017 the managing company of the holding company Belarusian Cement Company exported 1,412,000 tons of cement worth $68.2 million, up by 42.6% YoY, representatives of the holding company reported. The positive dynamics was secured by the commissioning of new enterprises with state-of-the-art technologies and constant cost-reduction efforts. “Over the last two years we’ve managed…

Belarus: BelAZ exports 96% of output in 2017

In 2017 the Belarusian automobile engineering company BelAZ exported about 96% of its output, according to the BelAZ website. In 2017 Belarus’ export rose by 84.8% from 2016. Russia remained the main market, with the sales growth rate at 173.2%. The top three buyers in physical terms also included Uzbekistan and Kazakhstan. The growth rate…

Belarus: gold and forex reserves at $7.3 billion

According to the preliminary data, Belarus’ gold and foreign currency reserves totaled $7,315 million as of January 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 December 2017, the country’s gold and foreign currency reserves went…

Belarus: electric buses to be sold to Tehran

The Belarusian mechanical engineering company Belkommunmash is considering the possibility of selling electric buses to Tehran. This possibility and other matters of cooperation were discussed as Minsk Mayor Andrei Shorets met with Ambassador of Iran Mostafa Oveisi in Minsk, the press service of the Minsk City Executive Committee reported. Minsk and Tehran are sister cities.…

Belarus negotiating selling beef to Iran

Belarus is in negotiations on selling beef to Iran. The possibility of selling Belarusian beef to Iran was discussed as Ambassador of Belarus to Iran Yuri Lazarchik met with Iranian Deputy Minister of Agricultural Jihad Hassan Rokni, the press service of the Belarusian Ministry of Foreign Affairs reported. The sides discussed current matters of Belarus-Iran…

Belarus to export electricity to EAEU

Belarus hopes to supply electricity to the common electricity market of the Eurasian Economic Union (EAEU), Belarus’ Energy Minister Vladimir Potupchik declared. “We hope to export electricity to the common electricity market of the Eurasian Economic Union after the common gas market is established and equal rights for all the countries are created. Our electricity…

Lithuania: transport link between Klaipeda and Minsk discussed

During the meeting with Belarusian Minister of Transport and Communications Anatoly Sivak and Lithuanian Minister of Transport and Communications Rokas Masiulis discussed the successfully operating chain of Belarusian cargo transportation using the services provided by the Lithuanian Railways and Klaipeda State Seaport, as well as the outlook of bilateral cooperation in developing the necessary transport…