Last month, Belarusian IT businessman Victor Prokopenya published a post on Facebook informing the public about a new decree on High Tech Park. This led to fervent discussion in the Belarusian media, with a number of articles devoted to...
The removal of sanctions against Belarus earlier this year has led to increased interest from institutional investors such as the European Bank for Reconstruction and Development (EBRD). Alain Pilloux, Acting Vice President of this major development bank visited Belarus last...
Despite his regained ability to travel to Europe, President Alexander Lukashenka’s 'social circle' has so far remained limited to leaders of countries that have difficulties in their relations with Western democracies. In the past month, the Belarusian president has become...
The growth rate of inflation in the 1st quarter of 2014 amounted to 6.6% and made plans for reaching the official targets for annual inflation highly unlikely. Despite this, a gradual reduction in refinancing rates with a second round of cuts has been preserved. It was...
Over the last two weeks Belarusian state Channel 1 has regularly covered the protests taking place in the eastern regions of Ukraine. It also commented upon the economic repercussions of the crisis for ordinary Ukrainians and an increase in...
This November showed the need for foreign capital in the Belarusian economy is becoming more and more acute. By the end of October the international reserves of Belarus decreased by $575m and amounted to $6.813bn. This number is much lower than the $8,500 predicted...
In the last days of July, the backbone of Belarusian economy - the potash industry - suffered a severe blow dealt by its Russian partner.The Russian company Uralkali refused to work anymore with the Belarusian Potash Company (BKK), a...
On 17 July, the Belarusian state leader completed his visit to China. According to Lukashenka, Belarus will become a pillow for the Chinese Empire in Europe. The meetings...
On 13 March, Belarus hosted a high level guest – Serbian president Tomislav Nikolić. Nikolić and Serbian businessman Dragomir Karić symbolically launched a new construction project near national library. Today Serbian company Astra Investment is one of the largest investors in...
On 22 March Belarus state leader completed his visit to Singapore where he was trying to find new markets. He spent a week in Indonesia and Singapore, together with a delegation of 80 people. The state of the Belarusian economy is deteriorating,...
The Belarusian government has announced its plans to modernise the national economy. However, the content of the policy package is far from clear. Given the experience accumulated by Belarus and other transition economies, there are reasons to warn about...
650 thousand Chinese will be building an industrial park near Minsk and they have already obtained working visas. Yaraslau Ramanchuk – an ex-candidate for Belarusian presidency – has received this information from his own sources of information. Gazeta.ru, major Russian online media, also mentioned...
Despite the dark clouds of political repressions Western businesses still express interest in doing business in Belarus. Recent evidence of that is an event in Minsk organized by the Ministry of Economics called “Belarus Capital Markets Day”. Apparently, Belarus...
