The Belarus high-tech sector has a lot to answer for including Fortnite and World of Tanks.…
Belarus
Business news and investment opportunities in Belarus
STATS
Source: World Bank
Currency: Belarusian RoubleGDP: 59.66 billion USD (2018)
GDP per capita: 6,289.94 USD (2018)
GDP growth rate: 3.0% annual change (2018)
GNI per capita: 19,240 PPP dollars (2018)
Gross national income: 182.5 billion PPP dollars (2018)
Internet users: 74.44% of the population (2017)
EEU doomed, predicts Bzhezinsky
The Eurasian Economic Union (EEU) will be dead and buried within in ten years or as…
Chinese consortium to build Bangladeshi coal-fired power plant
Bangladeshi coal-fired power plant: Bangladesh yesterday signed an engineering, procurement and construction (EPC) contract with a consortium of…
EU lifts Belarus sanctions
Belarus sanctions: At a meeting of its foreign ministers in Brussels on Monday, the EU voted to unfreeze…
Gazprom to invest $2.5bn in Belarus gas transport system
Gazprom is planning to invest up to $2.5bn in the Belarus gas transport system by the end…
EU relaxes sanctions against Belarus
The European Union has suspended the bulk of its sanctions against Belarus, including an asset freeze…
Lukashenko victory set to help rapprochement with EU
Lukashenko victory: Belarus’s hard-line leader Alexander Lukashenko – “Europe’s last dictator” – yesterday won a fifth presidential term with a…
Russia lends Belarus $760m as economy shrinks by 2%
Russia lends Belarus: Moscow this week extended a 10-year $760m loan to Minsk as Belarus tries to meet $4bn in debt repayments…
Ukraine and Belarus switch from dollar to hryvnia for bilateral trade
Ukraine and Belarus have agreed to use the hryvnia instead of the dollar for bilateral trade transactions,…
Belarus pushes for WTO membership
With Kazakhstan on the verge of full WTO membership, Belarus is confident that it could also accede within…
Minsk brings forward date of Belarus presidential elections
The parliament in Minsk yesterday set the date for the next Belarus presidential election at October 11, about…
Russian economic crisis has cost Belarus $3bn, Lukashenko claims
Belarus has lost nearly $3bn due to the Russian economic crisis that followed Moscow’s annexation of Crimea last year,…
Russia considers reducing Belarus oil supply as Minsk redirects petroleum exports
Belarus oil supply: In yet another indication that all is not necessarily plain sailing within the newly formed…
Belarus ready to invest in Kyrgyz agriculture, Kobyakov tells Sariyev
Belarus is ready to invest in Kyrgyz agriculture rather than just import its raw materials, Prime…
Russia unwilling to restructure Ukrainian debt
Ukrainian debt: Moscow is not prepared to restructure the terms of its $3bn loan to Ukraine which is due…
Belarus trade with Russia down $900m as Minsk turns to new export markets
Belarus trade with Russia dropped by $900m in the first two months of 2015 as the…
Belarusneft to develop oil fields in Ecuador
Belarus’s state-run oil company Belarusneft has signed an agreement that will see it investing over $500m in…
Russia accuses Belarus of helping West beat Russian food import ban
Russia accuses Belarus: Russia’s food watchdog Rosselkhoznadzor is claiming that Belarussian companies are helping EU and…
EEU single currency union schedule should be accelerated, says Myasnikovich
EEU single currency union schedule: Former Belarusian Prime Minister Mikhail Myasnikovich yesterday called on EEU member…
Belarus and Russia ready to remove remaining trade barriers
Belarus and Russia have prepared a list of joint measures to remove the remaining barriers to…
Belarus EU detente on cards as reward for Lukashenko’s role in Ukraine peace talks
Belarus – EU detente: The role played by Belarus President Alexander Lukashenko – the man once dubbed…
Belarus strategic plan aims high tech and green
Belarus strategic plan: The government in Minsk has set itself the twin goals of raising life…
Belarus plans robot technology JV with Japan and South Korea
Belarus plans robot technology JV: Belarus is planning to begin working with scientists from Japan and…
Kaliningrad manufacturers by-pass Belarus – the “European Somalia”
Kaliningrad manufacturers by-pass Belarus Relations between manufacturers based in the Kaliningrad exclave and Belarusian border officials…