Belarus OAO Praimilk (affiliated with OAO Biocom) has launched a factory in Shchuchin (Grodno region) to process lactoserum and produce serum concentrate, a company official reported. The total value of the project stands at Br97 million ($49.8 million), the factory’s installed capacity – 27,100 tons of serum concentrate a year. The new factory uses a…
Belarus and Ecuador discussed their cooperation during the 71st session of the UN General Assembly, the press service of the Belarusian Ministry of Foreign Affairs reported. Belarus-Ecuador cooperation was in the spotlight at the meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to Ecuador Igor Poluyan and Acting Deputy Minister of Foreign Affairs and Migration…
Belarus’ Ambassador to Venezuela Oleg Pafenov met with the heads of Venezuelan companies to discuss prospects for further cooperation. “The Ambassador held working meetings with heads of three assembly plants built by Belarusian specialists. The parties discussed the current issues related to the operation of companies and talked over the prospects for further mutually beneficial…
As of September 5, all regions of Belarus started sowing winter grains. According to Belarusian AgMin, 93.3 thousand ha or 6.93% of the plan have been seeded. Sowing progress is considerably faster than last year. As of the same date in 2015 60.6 thousand ha had been sown (4.9%) This year farmers plan to increase…
Belarus’ foreign trade surplus totaled $64.3 million in January-July compared to a $974.3 million surplus in January-July 2015, the National Bank of Belarus said. The overall turnover of commodities and services in foreign trade shrank by 14.3% YoY in January-July to $32.874 billion. Exports of commodities and services reduced by 16.3% YoY to $16.469 billion,…
Belarus should make a commitment and set clear goals to reduce the share of state-owned economy and enhance management in the public sector. Galina Yaschenko, Project Manager at McKinsey&Company, made this statement on September 8, at a roundtable conference dealing with the findings of a survey, which sought to find solutions for creating a more…
Belarus plans to export dump trucks and mining equipment to Armenia. The issue was discussed during the trip of Belarusian Ambassador Igor Nazaruk to Armenia’s Syunik Province. The Ambassador visited a number of Armenian mining enterprises, in particular, Zangezur Copper and Molybdenum Plant, Agarak Copper and Molybdenum Plant, Kapan Mining and Processing Plant. The meeting…