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Photo courtesy of Gomselmash
Gomselmash, DVR Infratech to set up joint venture in India
14 June, 16:42
Gomselmash and DVR Infratech signed a memorandum of association in India. The next step will be to register the joint Belarusian-Indian enterprise Gomselmash-India.
Yermolovich: Belarus cooperates closely with IMF
14 June, 16:27
“Routine work is now underway with the IMF. We just hosted another mission. We are in pretty close contact with the IMF and appreciate this cooperation. We will continue it,” said Maksim Yermolovich.
Lower export duty on potash fertilizers to have little effect on Belarus' budget
14 June, 16:03
“Respectively we will get considerable sums in the form of revenues from the potash industry and in the form of the profit tax and dividends from the state-owned shares in Belaruskali. I don't think budget revenues will drop much,” noted Belarusian First Deputy Finance Minister Maxim Yermolovich.
Oleg Kravchenko. An archive photo
Belarus suggests building bridge between two largest markets in Eurasia
14 June, 15:06
“Belarus is an active promoter of connectivity in a broader context. As a stakeholder in both the Eurasian Economic Union and the Eastern Partnership, Belarus offers a bridge between the continent's two largest markets," Oleg Kravchenko said.
Belarus to receive fourth tranche of EFSD's loan on time
14 June, 14:47
“From my point of view, the negotiations with the EFSD were quite successful. The Eurasian Development Bank is busy reviewing the fulfillment of the fourth tranche conditions," Maksim Yermolovich said.
Opinion: Belarus can boost competitiveness of agricultural industry through import reduction
14 June, 14:13
Alexander Popkov stressed that it is important to increase the efficiency of production which can be done by reducing the imports, the senator believes. In agriculture these are, for example, some fertilizers, plant protection agents.
Belarus' state debt described as manageable, serviceable
14 June, 13:54
According to the source, Belarus' state debt stood at Br39.2 billion at the beginning of the year. The figure represented 41.7% of the GDP while the threshold is set at 50%. Maxim Yermolovich believes this debt is manageable and serviceable but its further growth may entail additional risks.
Belarus' Finance Ministry: Draft agreement on $700m Russian loan ready
14 June, 13:17
Maksim Yermolovich explained that the $700 million intergovernmental loan from the Russian Federation negotiated by the finance ministries will be used to refinance Belarus' obligations to Russia.
Rosselkhoznadzor lifts import restrictions from two Belarusian dairies
14 June, 12:25
On 14 June temporary restrictions were removed from Belsyr cheese, and also from milk powder, whey powder, cheese and butter of Shchuchin Creamery. Rosselkhoznadzor allows the supplies of the abovementioned products made after 14 June, the source said.
Second runway in Minsk National Airport ready by 7 November 2018
14 June, 11:43
The second runway in Minsk National Airport will become operational by 7 November 2018, Belarus' Deputy Transport and Communications Minister Aleksei Lyakhnovich said when speaking at a meeting in the House of Representatives.
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