Belarusian Minister of Foreign Affairs Vladimir Makei met with Michael Harms, Executive Director of Germany’s Committee on Eastern European Economic Relations, to discuss ways to step up the cooperation between the two countries, the press service of the Belarusian Ministry of Foreign Affairs reported. “The parties discussed prospects for bolstering the trade and investment cooperation…
The Belarusian producer of lifts OAO Mogilevliftmash exported 7,842 lifts in January-September, up by 26.6% YoY, Mogilevliftmash Director General Boris Kovalevsky reported. Russia is the main target market for Mogilevliftmash, with over 70% of the exports sold there. “Despite the tough competition that has existed in Russia for many years the Mogilev-based company remains a…
The state-owned OAO Belaruskali increased solid alkali output to meet the growing consumer demand for this product, a company representative reported. Solid alkali is manufactured at Belaruskali’s electromembrane process factory, which resumed operation in late October. Belaruskali has started supplying solid alkali in 25-kilo bags. The product is shipped to customers in Belarus, Russia and…
Belarusian producer prices in October increased by 0.3% MoM (up by 8.1% compared to the level of December 2015), the National Statistical Committee (Belstat) reported. Construction prices grew by 0.5% MoM (up by 3.4% compared to the level of December 2015). Freight tariffs (all means of transportation) reduced by 0.5% MoM but increased by 4.5%…
Bellesbumprom companies have increased the export to Turkey by more than 30% in January-September, the spokesperson for Bellesbumprom Concern Ruzhena Novitskaya reported. “The foundation of our trade and economic relations was laid during the visits of the chairman of Bellesbumprom Concern to Turkey who took part in the Belarusian Investment Forum in Istanbul in November…
Belarus’ BelAZ heavy-duty truck manufacturer (Zhodino, Minsk region) shipped 14 BelAZ-7547 trucks for open-cast mining operations with a load capacity of 42-45 tons to customers in Russia’s Central and Ural districts, BelAZ said in a release. The shipments were facilitated by Russia’s National Non-metallic Company and BelTransLogistic Ltd. BelAZ made a three-year partnership deal with…
The economic efforts made by the Belarusian Government and the National Bank over the past two years have been effective, Belarus’ Deputy Economy Minister Dmitry Krutoy said when speaking at the 11th international conference on Eurasian economic integration in Moscow. “In recent years a consensus has been reached in Belarus on the main objective which…