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…
Belarus and China have stepped up efforts to reach a new level of cooperation that will include direct investments into all spheres. Deputy Head of the Belarus President Administration Nikolai Snopkov made the statement during the seminar held on September 9, to discuss ways to couple the manufacturing potentials of Belarus and China. Nikolai Snopkov…
Negotiations on setting up a Belarusian-Chinese joint venture to make tractors at premises of ZAO Amkodor Baltic in Vilnius took place on September 1-2. Director General of the Chinese company Zoomlion Wang Jinfu, Director General of the Belarusian mechanical engineering company Minsk Tractor Works (MTZ trademark) Fyodor Domotenko, Chairman of the Board of Directors of…
Egypt is interested in setting up manufacturing enterprises together with Belarus. The relevant possibilities were discussed during the latest meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to Egypt Sergei Rachkov and Egyptian Assistant Foreign Minister for European Affairs Ihab Nasr, the press service of the Belarusian Ministry of Foreign Affairs reported. During the meeting…
China’s investments into the construction of multi-storied apartment buildings in Belarus in 2016-2017 will total 700 million yuan (RMB), Belarus’ Vice Minister of Architecture and Construction Alexander Kruchanov said in a statement. According to him, Belarus is currently short of finance for housing construction and China’s gratuitous aid will somehow improve the situation. Chinese investors…
The Belarusian Potash Company (BPC) shipped 1.1 million tons of potash fertilizers to foreign customers in August, a BPC representative reported. All in all, BPC exported 5.8 million tons of potash (gross weight) in January-August. The BPC says the global potash fertilizer market is gradually getting back to normal on reports about new contracts made…