On 16 August, at a conference on transportation in Northwest Russia, Russian president Vladimir Putin demanded that Belarus stop exporting its oil products through Latvian and Lithuanian ports. Instead, Moscow wants Belarus to reroute through Russia’s Baltic ports. This...
According to official statistics for April, Viciebsk region owes more money to public sector employees than the rest of Belarus combined. 133 enterprises from the region owe $3m to their workers. One employee even climbed on a crane to...
The Belarusian Statistics Agency reported about a fantastic growth of exports in January-February 2012. Compared to the same period last year, the country’s exports grew by impressive 62,5%. The official propaganda trumpeted that Belarus has successfully overcome all the economic troubles...
On 16 December two Belarusian citizens were added to the EU visa ban list, and EU assets of three companies associated with the Belarusian regime were frozen. The European Union continues to impose different sanctions on Belarus at the...
Today the U.S. Department of the Treasury sanctioned four Belarusian enterprises of Belneftekhim Concern, Belarus’ largest petrochemical conglomerate. Sanctions hit some of thee most profitable state-owned companies in Belarus - OAO Naftan, OAO Grodno Azot, JSC Grodno Khimvolokno and...
Russia, through the Eurasian Economic Community, has agreed to grant Belarus a USD 3bn loan, of which Belarus will only see USD 800m this month. The Belarusian government will only get the remaining amount, in two portions over...
