Business / Trade in Belarus
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AFGHANISTAN, 2015/12/03
The newly created Eurasian Economic Union (EEU) has in a little while got the momentum as an economic hub for the nations of the region. The EEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia as its members, whereas; the Organization is a continuation of contemplation for establishing the integration projects by the Belarus, Kazakhstan, and Russia since 2007.
The Organization fundamentally promotes the ideas of streamlining the flow and transportation of services and goods between the member states, therefore, it greatly attracts the interests of a lot of stakeholders and according to the Russian Ministry of Economic Development, a lot of international organizations and the economic giants like China has shown great interest in the creation of free trade zones through the EEU.
The present political and economic importance of the South and Central Asian region along with free trade and economic potential across the Eurasian region greatly appeals almost each regional and international country, whether may they be developed or developing country seems eager approaching in bilateral and multilateral engagements with these organizations and the states in the region.
The cooperation that is vital to the a lot of states’ national interests consists of the fields of security, economic, energy, bilateral, free trade, scientific education and cultural interactions. Most particularly, the Russian Federation and China have leading ambitious roles in region’s economic and infrastructural developments. In addition, the growing significance of the Shanghai Cooperation Organization (SCO) in the present scenario has further enabled China and Russia to become a dominant player on the world economic and political arena. This in turn has as well provided small or developing nations to benefit from the mutual benefit efforts of the SCO, EEU and other forums for their industrialization and national economic development goals.
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BELARUS, 2015/09/04
In July the Ministry of Trade announced a plan to levy a tax on online purchases in foreign shops. Since again the national agencies have been elaborating the methods that will be used for tax collection. It could become an extra tool to prevent Belarusian customers from buying abroad, both online and in the flesh.
Earning almost three times less than Poles and Lithuanians, Belarusians often prefer to buy food, clothing, household appliances and a lot of other goods in neighbouring EU nations rather than at home. The reason is simple: foreign shops have a wider variety of goods, which are on average cheaper and of better quality again in Belarus.
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BELARUS, 2015/08/12
The deputy Foreign minister of Belarus, Vassily Rybakov, Monday in Luanda highlighted the importance of Angolan businesses to set up partnerships with colleagues from his country.
Vassily Rybakov was speaking next separate audiences granted to him by the Angolan ministers of Geology and Mining and Economy, Francisco Queiroz and Abrãao Gourgel, respectively.
He said on the occasion it is as well his country's interest to set up joint ventures with Angolans.
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BELARUS, 2015/04/24
Belarus President Alexander Lukashenko arrived in Georgia on a two-day official visit for the initial time in his tenure on April 23. Meetings with a number of Georgian officials to discuss certain cooperation issues are high on his schedule.
Assessing Belarus-Georgia relations, Lukashenko said the two nations are able to build a solid ground for next relations based on strong trade and economic ties.
As for politics, the Belarus leader noted that there are no contradictory views between Belarus and Georgia. "I thank the Georgian leaders for supporting my country everywhere in the West," he said.
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BELARUS, 2014/10/13
He met with his Belarusian counterpart Alexander Lukashenko. During the conference, Lukashenko said Belarus and Turkmenistan have created a incomparable cooperation formula based on the annual exchange of visits by the leaders of the two nations.
He as well noted Belarus tries to build its relations with other nations on the same principles. Such an approach has by presently paid off: Turkmenistan is presently the fourth major trade partner of Belarus part the CIS nations next Russia, Ukraine, and Kazakhstan and over a short period of time the trade turnover between the two nations has reached to almost $0.5 billion.
Berdymukhamedov, for his turn, said Belarus and Turkmenistan have good cooperation prospects, for example, in engineering, metallurgical and chemical industries, food manufacturing, and agriculture. He as well emphasized the importance of cooperation in science, culture, and sport fields.
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BELARUS, 2014/10/09
Belarus and Turkmenistan with a trade turnover of $450 million are able to double this figure in 2015.
The news was announced by Belarusian Deputy Prime Minister Anatoly Kalinin at the 6th session of the Belarusian-Turkmen intergovernmental commission on economic cooperation, Belarusian media reported.
He said this goal is completely acceptable. "We have created a strong foundation, inclunding for the development of new directions of cooperation, which can be modern projects on construction of assembly plants in Turkmenistan," he added.
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BELARUS, 2013/08/31
Russia banned pork imports from Belarus on Friday, stepping up a diplomatic and trade war over the arrest of a Russian businessman and threatening to deepen the isolation of its former Soviet ally.
Russia is one of Belarus’ few diplomatic backers next 19 years of authoritarian policy by President Alexander Lukashenko but has responded furiously to the arrest this week of Vladislav Baumgertner, chief of Russian potash company Uralkali.
Baumgertner was seized on Monday at the airport outside the Belarussian capital Minsk next being invited to talks with the prime minister, and again humiliated by television footage showing him being searched in his prison cell.
Since again, Russian officials have announced a 25% drop in oil supplies to Belarus in September, threatened to extend the cuts for several months and hinted at possible restrictions on imports of Belarussian dairy products.
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BELARUS, 2013/03/04
With the signing of bilateral agreements at the Merdeka Palace in Jakarta on Tuesday, Indonesia and Belarus are entering a new stage in their relations and are set to broaden cooperation in a number of fields.
The agreements came during the national visit by Belarusian President Alexander Lukashenko, who on Tuesday had talks with his Indonesian counterpart President Susilo Bambang Yudhoyono.
His three-day visit to Jakarta has been the initial high-level visit since the two nations established diplomatic relations 20 years ago.
