Belarus: exports up in January-April 2017

In January-April Belarus’ export of merchandise and services rose by 19.5% YoY, to $10.413 billion, according to the latest statistics released by the National Bank of the Republic of Belarus. Foreign trade in merchandise and services totaled $20.706 billion, up by 17.9%. Export reached $10.413 billion (up by 19.5%), with import at $10.292 billion (up…

Belarus to export broiler meat to China

Belarusian broiler farms have plans to obtain certificates to sell to the Chinese market, Belarus Agriculture and Food Minister Leonid Zayats said on the sidelines of the international agricultural expo Belagro 2017 on June 6. “We have boosted our supplies to the Chinese market. On June 16, we will welcome specialists from the General Administration…

Belarus: Economy Ministry to arrange regular roundtables to review macroeconomic situation

The Belarusian Economy Ministry intends to arrange roundtable sessions every month in order to evaluate the current macroeconomic situation together with representatives of other government agencies, the Public Relations Department of the Economy Ministry reported. A government conference took place at premises of the Belarusian Economy Ministry at the end of last week. It was…

Belarus: Tajikistan interested in assembling MTZ cotton-farming tractors

Tajikistan is interested in assembling cotton-farming tractors made by the Belarusian company MTZ, representatives of the company declared after a delegation of the Tajikistan government visited the enterprise. The Tajikistan government is considering organizing the joint production of tractors. The tractors may then be sold not only in Tajikistan but also in the entire Central…

Belarus: GDP up in January-April 2017

According to initial estimates, in January-March Belarus’ gross domestic product totaled Br30.6 billion, up by 0.5% in comparable prices as against the same period a year earlier, the National Statistics Committee of Belarus reported.

In January-April the GDP deflator index amounted to 106.9% as against the same period of last year. (BelTA/Business World Magazine)

Belarus: China to open market to beef

China is going to open its market to Belarusian beef, Alexei Bogdanov, Head of the Central Office for Foreign Economic Activities of the Belarusian Agriculture and Food Ministry, declared. Belarusian Agriculture and Food Minister Leonid Zayats met with Zhi Shuping, Minister of the General Administration of Quality Supervision, Inspection and Quarantine of the People’s Republic…

Belarus: broad money supply up in April 2017

As of May 1 broad money supply in Belarus totaled Br33.843 billion, up by 2.1% MoM. Broad money supply includes cash in circulation and account deposits of individuals and legal entities, the official website of the National Bank of the Republic of Belarus declared. In April cash in circulation (monetary aggregate M0) increased by 7.2%,…

Belarus: inflation at 0.7% in April 2017

In April the index of consumer prices for goods and services totaled 100.7% as against March and 102.4% as against December 2016, the National Statistics Committee of Belarus reported. In April the basic index of consumer prices that disregarded changes of prices for the commodities and services affected by administrative and seasonal factors reached 100.1%…

Belarus: road construction companies invited to build motorway in Turkmenistan

Belarusian road construction companies have been invited to participate in building a motorway in Turkmenistan. Deputy Prime Minister of Belarus Anatoly Kalinin made the statement after the session of the Belarusian-Turkmen intergovernmental commission on economic cooperation in Minsk on May 10. Anatoly Kalinin said: “We have agreed to advance our cooperation in transportation by rail…

Belarus: pilot container train leaves Smorgon for China

A pilot container train loaded with Belarus-made products has left the Belarusian city of Smorgon for China, the press service of Belarusian Railways reported. The train is loaded with fiberboards and laminated flooring made by the Smorgon-based company IOOO Kronospan. The project has been arranged by the Belarusian Railways enterprise Belintertrans – Transport-Logistics Center (BTLC)…