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.…

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…