Since the start of the year the Belarusian mechanical engineering company Gomselmash has delivered 150 grain and forage harvesters to Ukraine, up by 50 vehicles YoY, the First Deputy Director of the company’s regional sales department Igor Korotkevich reported. The exports mainly consisted of grain harvesters, including KZS-1218, KZS-812 that have already made a good…
Member states of the Eurasian Economic Union (EEU – Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan) plan to launch a single market of medical goods and medications in 2016, Anton Azarov of the Eurasian Economic Commission’s Department for Integration and Development said in a statement. According to him the EEU is due to launch a single market…
ZAO Belarusian Oil Company (BelOil) – a designated exporter of Belarusian petroleum products – is determined to promote direct shipments of petroleum products to the end customer as opposed to shipments via seaports, a source in the profile ministry said. BelOil’s strategy is to sell a maximum of its products on high-premium markets of the…
In H1 2016 resident companies in Belarusian free economic zones (FEZ) secured a surplus of foreign trade in merchandise as large as $452.6 million, up by 14.6% YoY, the National Statistics Committee of Belarus reported. In H1 2016 their merchandise export reached $1,718.3 million, up by 2.1% YoY. The top exports were tires, mixed mineral…
Belarus will take part in the EU’s new program of technical support for the countries of the Eastern Partnership EU4Energy, the press service of the Energy Ministry reported. “Last week the Energy Ministry played host to a meeting between Director of the Energy Community Secretariat Janez Kopac and expert on renewable energy and energy efficiency,…
The National Bank of Belarus and the State Control Committee have adopted a joint resolution lowering the ceiling on cashless payments subject to reporting from BYR5 million (approx. $250) to BYN300 (approx $150). The ceiling has been lowered by 70%. The document says in addition to banks, relevant cashless transactions need to be reported by…
Belarus reports a quantitative increase in exports of meat and dairy products in January-June, Belstat said in a statistical report. Meat export grew by 13% YoY to 154,800 tons, the average price was down by 17.8% to $2,058 per ton. The CIS states were the major destination of almost all Belarus’ meat exports. Export of…