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12.08.2009Fitch affirms Belvnesheconombank's ‘B’ rating
Fitch Ratings has assigned Belarusian Belvnesheconombank a Long-term Issuer Default Rating (IDR) of 'B', Short-term IDR 'B', an Individual rating of 'D/E', a Support rating of '4', and Support Rating Floor of 'No Floor'. The Outlook for the Long-term IDR is Negative.
11.08.2009India keen on Belarus’ potash fertilizer long-term contacts
India is interested in concluding long-term contracts with Belarus on the acquisition of its potash fertilizers, Ambassador Extraordinary and Plenipotentiary of India to Belarus Ramesh Chander told a press conference on 11 August.
11.08.2009National Airport Minsk to double its transit potential
The National Airport Minsk plans to double its transit potential, Transport and Communications Minister of Belarus Ivan Scherbo said during the presentation of a new regular flight Minsk-Amsterdam on 10 August.
11.08.2009Alexander Lukashenko wants better quality of Belarusian farm machines
President of Belarus Alexander Lukashenko urged to deal with the issues surrounding the quality of the Belarusian agricultural machines. The President made this statement during a working trip to the Grodno region on 10 August.
10.08.2009MTZ supplies 6 tractors to Great Britain monthly
Minsk Tractor Works increased supplies of tractors to Great Britain as against the same period last year, it was learnt from the MTZ management.
10.08.2009Statistical bodies of Belarus and Poland sign cooperation agreement
The Belarus National Statistical Committee and the Poland Central Statistical Office have signed the agreement on cooperation during a session in Grodno, BelTA learnt from the Belarus National Statistical Committee.
10.08.2009Ordinance No 10 offers comprehensive investment guidelines
Ordinance No 10 introduces a multifaceted approach to the work with investors in Belarus, head of the main investment department of the Economy Ministry of Belarus Sergei Trofimovich told reporters commenting on the document on 7 August.
08.08.2009Investment agents to appear in Belarus
Investment agents – a new institutional mechanism of the investment activity will be launched in Belarus. On 6 August, Belarusian President Alexander Lukashenko signed decree No413 ‘On authorization individual and juridical persons to represent the interests of the Republic of Belarus in attracting investments in the Republic of Belarus’, it was learnt from the presidential press service.
07.08.2009Minsk companies attract about $3bn of foreign investments in H1
Minsk companies attracted more than $ 2.9 billion of foreign investments in H1. The direct investments made up 75% of the total volume, $42,100 were portfolio investments, and about one-fourth of the total amount were other investments, it was learned from the Minsk Central Statistics Bureau.
07.08.2009Belarus, Iran specialists studying ways to enhance Jofeir oil field recovery
Belarusian and Iranian specialists are exploring the possibilities to increase oil production at Jofeir oil filed, it was learnt from the press service of Belorusneft.
06.08.2009Belarus licenses pneumatic tyre export to Ukraine
Belarus has licensed the export of pneumatic tyres to Ukraine. The relevant decision is contained in Resolution No. 1018 of the Council of Ministers, it was learnt from the Council of Ministers’ Office.
29.07.2009Russia increases export oil duty to $222 per tonne August 1
Starting August 1 the export crude oil duty in Russia will be raised from $212.6 to $222 per 1 tonne. A relevant resolution has been signed by Prime Minister Vladimir Putin of Russia.
29.07.2009Belarus, China coordinate terms of loan for upgrade of Belarus’ cement plants
Belarus and China have agreed the terms of the loan for the upgrade of the Belarusian cement plants, Deputy Prime Minister of Belarus Viktor Burya said during a session of the Council of Ministers on 28 July.
29.07.2009Belarus dairies are slow to certify their products in line with Russian standards, Ivan Bambiza says
The Belarusian dairies are slow to get their products certified with Russian standards, Vice Premier of Belarus Ivan Bambiza said during a session of the Council of Ministers on 28 July.
28.07.2009Belarus constructors to train in Brussels
Heads and specialists of the Belarusian companies of road construction and construction sectors will take on-the-job training in Brussels and Courtrai (Belgium) in September, it was learnt from the Belarusian Chamber of Commerce and Industry.
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