On 16 March 2018, the official statistical body of Belarus Belstat has announced that GDP growth in the first two month of the year has accelerated. Meantime, the weak regional development cast doubt on the sustainability of Belarusian economic...
On 6-8 April, Chinese defence minister Wei Fenghe will visit Belarus. Wei’s combined visit to Russia and Belarus, his first foreign trip since taking up the post, demonstrates recognition that Minsk gives the highest priority to its partnership with...
On 16 February 2018 Belstat, the official statistical body of Belarus, announced that GDP growth for the first month of the year had reached a new high, surpassing the previous month’s record. Meanwhile, the Heritage Foundation’s statement on 5 February...
On 24 January 2018, government officials announced new plans for support to Belarusian entrepreneurs in the current year. Meanwhile, according to Belstat, the state industrial sector remains the main driver of economic growth accompanied by a strong recovery of...
On 1 February Belarus will raise tariffs for the transit of Russian oil via pipelines crossing its territory by 6.7 per cent. Transit constitutes an important source of revenue for the country, while control of pipeline routes also gives...
On Thursday, Lithuania announced that its Klaipeda port had recorded the highest ever annual volume of shipments. This occurred thanks to Belarusian firms’ growing use of Klaipeda despite Moscow’s pressure which demands of Belarus to boycott the Baltic states’...
On 22 December 2017, the President of Belarus Alexander Lukashenka signed a presidential decree that identified Belarus as the first country in the world to legalise the blockchain—a digital ledger in which transactions made in cryptocurrencies can be chronologically...
On 13 December, at the plenary session of the 2nd Congress of Belarusian scientists, Belarusian President Alexander Lukashenka promised to sign the decree ‘On the Development of Digital Economy’ before the New Year. The fathers of the decree call...
On 17 November 2017, the official statistical body of Belarus, Belstat, announced that GDP growth for ten months of the year has reached a new high outscoring the previous month’s record. However, state-owned enterprises are still unable to significantly...
On 14 November, key Belarusian arms exporter Beltech Export signed a deal with the United Arab Emirates (UAE). The Belarusian firm has agreed to maintain and modernise Emirati radars. This means that Minsk has successfully entered a new market,...
On 17 November, Belarusian President Alexander Lukashenka participated in the opening of the new BelGee automotive plant, which will produce Chinese Geely cars. The venture is the largest passenger car enterprise in Belarusian history. Lukashenka also announced a draft decree...
During a trip to Minsk on 5 October 2017, Venezuelan President Nicolas Maduro showed strong optimism on economic teamwork with Belarus, but forgot to mention the buildup of outstanding debts. On 25 October, the National Bank of Belarus gave its...
On 26 September 2017, Belarusian officials declared plans for the liberalisation of the economy by developing a new decree on freeing up Belarusian entrepreneurship. Moreover, on 28 September, the First Deputy Prime Minister of Belarus Vasily Matyushevsky announced the...
On 5 September 2017, Belarusian president Alexander Lukashenka once again declared the need to accelerate the government’s efforts to improve legislation concerning economic embezzlement and other abuses that are slowing down the economic development of the country. Meanwhile, export...
