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Belarusian companies sign contracts worth $120m in Belgrade
3 December, 18:18
The official said: “The total sum of the contracts that have been signed is roughly $120 million. We are talking about the export of Belarusian products. It is quite a good result because, unfortunately, our trade turnover is rather modest.”
Fast railway line between Minsk, airport expected to cost $150m
3 December, 17:17
The official said: “As for the construction of a railway line to the Minsk National Airport, we've started preparing the feasibility study. The electric train is expected to connect the railway terminal in the city with the Minsk National Airport. The time in transit is expected to be 30-35 minutes.”
Mechislav Goy and Vladimir Mikolayenko
Grodno, Kherson sign partnership agreement
3 December, 16:26
The next step should be the exchange of delegations, first of all business delegations. Development of economic cooperation will improve the well-being of cities, Grodno Mayor Mechislav Goy said.
An archive photo
Belarus' upper chamber approves 2020 budget bill
3 December, 15:45
The 2020 budget is based on the baseline scenario of economic development. The budget expects GDP growth at 1.9%, the annual inflation at 5%, the refinancing rate at 9.5%, oil of the Urals variety at $60 per barrel, processing of Russian oil at 18 million tonnes.
Nine Belarusian banks in for IT audit
3 December, 14:40
The official said: “Together with audit companies the National Bank of the Republic of Belarus (NBRB) has prepared technical specifications for arranging an IT audit. The mandatory procedure will apply to only seven top banks."
Maturity of risk management in Belarusian financial sector evaluated
3 December, 13:48
The survey is supposed to provide executives and risk managers with a tool for an independent evaluation of the current level of maturity and for evaluating the effectiveness of risk management in accordance with the standard ISO 31000.
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Belarusian Belorusneft to repair Arctic gas wells
3 December, 13:13
The gas condensate field is located on the eastern shore of the Yamal Peninsula in Russia. The proven reserves are estimated at 926 billion m3 of natural gas. OAO Yamal LNG takes care of natural gas extraction, liquefaction, and deliveries.
Belarus wants to bring Belinvestbank deal with EBRD to a close
3 December, 12:28
I would like to discuss the approaches to the Belinvestbank deal and also the issues we discussed at the meeting in London. Once again I would like to assure you that the government of Belarus is interested in following this deal to the logical end, Sergei Rumas said.
Sergei Rumas
EBRD invited to join Minsk-Great Stone rail link project
3 December, 12:12
We are also discussing this project with other financial institutions, searching for the best deals. We would like to invite the EBRD to take part in the project, too,” Belarus Prime Minister Sergei Rumas said.
EBRD Senior Banker Elena Gordeeva and Belarus' Transport and Communications Minister Aleksei Avramenko during the signing ceremony
EBRD to earmark €259m to rehabilitate bridges, M3 Road in Belarus
3 December, 11:15
Development of the transit capacity and enhancing the connectivity in Belarus will contribute significantly to the country's economic growth prospects, trade and key infrastructure. The funds are provided by the EBRD Shareholder Special Fund and Italy as part of the CEI, the EBRD informed.
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