Archive - 2008

Chinese investors will help maintain a high production level in Belarus, First Deputy Prime Minister of Belarus Vladimir Semashko said at a meeting with a delegation of the EXIM BANK group on October 29.

According to Vladimir Semashko, high-level political relations boost the development of the trade and economic relations between...

Belarusian and Bulgarian companies need to step up the production cooperation, Deputy Foreign Minister of Belarus Valery Voronetsky said when opening a business forum with Bulgarian economic entities in the Belarusian Chamber of Commerce and Industry.

According to him, it is time Belarus and Bulgaria started a new stage in trade...

Belarus will host the first conference on Traditional Chinese Medicine (TCM) in late 2009, Healthcare Minister of Belarus Vasily Zharko said at a meeting with members of the Traditional Chinese Medicine State Department on October 27.

According to the minister, a systematic and purposeful work on TCM personnel training should precede...

By the end of the year the trade between Belarus and the European Union may reach $25 billion, Deputy Foreign Minister Andrei Yevdochenko said during the closing ceremony of the Belarusian Finance and Investment Forum in Minsk on October 22.

He noted the Belarusian government is doing its best to optimise...

Belarusian companies will soon be ready for initial public offering, Deputy Foreign Minister of Belarus Andrei Evdochenko told reporters on October 22.

“I think Belarusian companies will soon be ready for initial public offering. There are not so many alternatives,” he said,

According to Andrei Evdochenko, Belarus’ economic growth projections are quite...

On October 20, Belarus’ humanitarian assistance was sent to Kyrgyzstan. The Emergencies Ministry has been commissioned to ensure convoy and handover of the humanitarian aid, BelTA informs.

The humanitarian cargo consists of 20 modular tents, 2,000 blankets, 4,400 beef cans, 4,500 condensed milk cans, 1 tonne of sugar, 1,400 soap bars....

Relations with the European Union and Russia are equally important for Belarus, President of Belarus Alexander Lukashenko told reporters on October 20.

“We pursue a multi-directed policy. We are in the centre of Europe and this says it all. Therefore Europe is important for us,” the Head of State said. “With...

In January-September 2008, Belarus’ broad money supply was up 22.1% to exceed Br29.9 trillion, BelTA learnt from the information department of the National Bank of Belarus. In September the broad money supply was up 1.2%.

Over the nine months of 2008, the cash in circulation totalled Br4249.8 billion (up 27.9%). The...

There are plans to attract over $7 billion of foreign investments into the Belarusian economy, First Deputy Economy Minister of Belarus Piotr Zhabko told a press conference on October 15.

In his words, in H1 2008 foreign direct investments amounted to $1.23 billion. “It is virtually equal to the amount of...

It is necessary to start implementing the projects in the cement industry with the Chinese CITIC Group as soon as possible, President of Belarus Alexander Lukashenko said at a meeting with CITIC Group Chairman Kong Dan on October 14.

“The two countries have laid a good foundation for the bilateral...