Belarus: imports down in January-August 2016

In January-August Belarus decreased the import of merchandise and services by 10.9% YoY to $18.978 billion, according to the latest statistics released by the National Bank. In January-August Belarus’ foreign trade totaled $38.1 billion, down by 12.7% YoY. Belarus’ exports amounted to $19.159 billion (down by 14.4%), with imports at $18.978 billion (down by 10.9%).…

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Belarus and China to jointly produce electric vehicles

Belarus and China are considering opportunities for the implementation of joint projects in mechanical engineering. The prospects for the bilateral cooperation in this field were discussed during the recent meeting between Chairman of the State Science and Technology Committee of Belarus Alexander Shumilin and representatives of the Beijing Municipal Science and Technology Commission, the press…

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Belarus: BCSE to change status

There is a plan to transform the Belarusian Currency and Stock Exchange (BCSE) into a multifunctional financial institution, NBB First Vice Chairman Taras Nadolny said. The National Bank of Belarus plans to promote further development of the stock market and recommends Belarusian banks to be more active in entering the statutory capital of state-owned companies.…

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