Belarus hopes for more vibrant investment cooperation with European companies

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Ambassador Extraordinary and Plenipotentiary of Belarus to Belgium with concurrent accreditation to Luxemburg, Belarus’ Permanent Representative in the European Union Alexander Mikhnevich expressed hope for further development of investment cooperation between Belarus and the European companies. “Many EU companies already have presence in Belarus. The most interesting sectors include machine-building, electronics, chemical products, pharmaceuticals, timber,…

Belarus: Gomel hosts Belarusian-Finnish economic forum

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Fifty representatives of Finnish companies from various industries took part in the Belarusian-Finnish economic forum on September 13, in Gomel, Director General of the Gomel department of the Belarusian Chamber of Commerce and Industry Marina Filonova reported. She mentioned high activity of Finnish businessmen who had sent many applications for participation. “It means that they…

Russia: corporate lending to grow in 2016

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The international rating agency Fitch expects that corporate lending in Russia will grow by 5% in 2016 and retail loans will increase within 3%, the agency’s analyst Anton Lopatin said. “In the first half of the year corporate lending adjusted for currency revaluation increased by 2%. Reasons of this growth – rates have decreased, correspondingly,…

Belarus: cooperation with Ecuador discussed

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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 discusses cooperation prospects with Venezuelan companies

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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…

Ukraine: investments up in January-July 2016

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In January-July the amount of capital investments in Ukraine has grown almost by 10%, Ukrainian First Vice Prime Minister, Economic Development and Trade Minister Stepan Kubiv has said. “In the first six months of 2016, capital investments grew by 10%, actually by 9.6%. The net increase in foreign direct investments was recorded at $2.3 billion…

Kazakhstan: S&P affirms credit ratings

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Standard & Poor’s (S&P) Global Ratings affirmed its ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings on Kazakhstan. The S&P also affirmed the Kazakhstan national scale ratings at ‘kzAA’, the outlook on the long-term ratings is negative, the credit-rating agency said in a message on September 12. The ratings on Kazakhstan remain…