On 9 July General Motors and JV Unison signed an agreement to assemble Chevrolet Tahoe and Cadillac Eskaleyd automobiles in the Minsk region. From the beginning of the year, several international fast food chains have announced a desire to open...

Belarus hosts events focused on Belarus's place in the region, the role of FDI in modernisation of the Belarusian economy, and corporate social responsibility. Street artists from different countries will paint Minsk walls based on urban folklore during the Urban...

Last week, the Ministry of Transport of Belarus and the Belavia national air carrier revealed that they have been negotiating with Boeing. Minsk is proposing to Boeing that it participates in the reconstruction of the Minsk aircraft repair plant and...

Aliaksandr Lukashenka expressed his resentment over exemptions and restrictions in the Eurasian Economic Union treaty during a meeting with a chairman of the upper chamber of the Russian parliament on 5 May. However, Lukashenka had effectively no other choice as to agree on the...

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...

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...

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...