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Lukashenka to sign ‘revolutionary’ IT regulation package
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...
6 December 2017
Ineffective state-owned enterprises, improved business climate – digest of the Belarusian economy

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...

27 November 2017
The Belarusian arms business: new deals and old collisions

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,...

24 November 2017
Belarus launches new Geely plant and plans for electric cars

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...

1 November 2017
Economy recovers, but remains structurally vulnerable – digest of the Belarusian economy

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...

4 October 2017
The autumn of liberalisation – digest of the Belarusian economy

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...

7 September 2017
State debt and weak trade policy test Belarus recovery – digest of the Belarusian economy

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...

24 August 2017
Putin expects Belarus to boycott ports of Baltic States

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...

8 August 2017
The Belarusian hi-tech revolution: the government drafts an ambitious decree

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...

7 August 2017
Redrawing the geopolitical map: Belarus and its neighbours connect the Black and Baltic seas

Belarus and Poland are advancing a project to connect the Black and Baltic Seas via the E40 waterway. The 2,000 km-long waterway will run through rivers and canals in Belarus, Ukraine, and Poland and provide better access to seaports...

3 July 2017
Remember reforms and forget about oil – digest of the Belarusian economy
Remember reforms and forget about oil – digest of the Belarusian economy

On 1 June 2017, Belarusian President Alexander Lukashenka announced that the oil refining industry was experiencing substantial problems. Meanwhile, the economy is still showing signs of recovery, growing three months in a row. This will encourage the government to make...

26 June 2017
Problems and prospects for the Belarusian IT industry

On 7 June 2017, the Microsoft Corporation held a Government Industry Day at Belarus’s Hi-Tech Park with the participation of both Belarusian ministers and Microsoft experts. The seminar addressed issues surrounding the digital transformation of the economy and aimed...

15 June 2017
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Belarus and Moldova: cooperation despite opposing geopolitical orientations

On 6-7 May, Moldova’s Prime Minister Pavel Filip held a supercharged working visit to Belarus, meeting with the country’s top officials, kicking off several events, and discussing a wide range of issues, from trade to culture. Despite serious recent setbacks...

13 June 2017
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The avant-guarde of Belarusian hi-tech industry

Agreements concluded in May of this year between the Belarusian High Tech Park and Uber, along with the opening of an R&D centre for the Israeli company Gett, demonstrate the growing success of the Belarusian IT industry. Dave Waiser,...

7 June 2017
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Can new companies replace state giants in Belarus?

Deputy Prime Minister Uladzimir Syamashka recently announced that full-cycle car production is to start in Belarus this month; this will be a first for the country. So far, only Chinese-designed cars have been assembled in Belarus. Meanwhile, the holding...