In January-April 2022 Belarus' export of merchandise and services dropped by 2.1% year-on-year to $13.953 billion, BelTA learned from the website of the National Bank of the Republic of Belarus (NBRB). In January-April 2022 Belarus' foreign trade totaled $26.644 billion, 3.3% down from the same period in 2021. Import amounted to $12.691 billion (4.5% down). Surplus of foreign trade in goods and services equaled $1,261 million, up from $970 million in January-April 2021. Belarus'...

OAO Development Bank of the Republic of Belarus and the State Savings Bank of the Republic of Tajikistan Amonatbonk have signed a basic agreement on export loans for deliveries of Belarusian goods, representatives of the Development Bank of the Republic of Belarus (DBRB) told BelTA. As he met with the top-ranking members of the Tajik delegation Chairman of the Board of the Development Bank Aleksandr Yegorov noted: “The signing of the document is supposed to become the starting point...

Ambassadors and diplomats of foreign countries toured the Belarusian Universal Commodity Exchange in Minsk on 8 June, BelTA has learned. About 29,000 participants of electronic trading from 70 countries are currently registered with the exchange, Chairman of the Board of BUCE Aleksandr Osmolovsky told the guests. The Belarusian Universal Commodity Exchange is fully integrated into the country's economy, he added. Foreign diplomats were interested in how much the COVID situation...

A memorandum of cooperation was signed between OAO MAZ, the managing company of the holding company BelavtoMAZ and the Republic of Mordovia of the Russian Federation on the sidelines of the international agricultural expo Belagro 2022, BelTA has learned. The document was signed by Director General of OAO MAZ, the managing company of the holding company BelavtoMAZ Valery Ivankovich and Chairman of the Government of Mordovia Vladimir Sidorov. MAZ's press service noted that in line with...

Consul General of Belarus in Ho Chi Minh City Ruslan Varankov took part in the 4th Vietnam Economic Forum, representatives of the Belarusian embassy in Vietnam told BelTA. Ruslan Varankov met with top officials of the Ho Chi Minh City administration on the sidelines of the forum. The sides discussed the expansion of Belarusian-Vietnamese cooperation. The Vietnam Economic Forum is the country's most important venue for discussing the state, challenges, and prospects of Vietnam's...

Belarus is busy redirecting export flows while actions of the West backfire on it, BelTA learned from Prime Minister of Belarus Roman Golovchenko on 3 June. Roman Golovchenko said: “Due to certain circumstances we are forced to redirect our export flows to the markets that want them, to where our products are in demand. It is a priority for the central government and for all the government agencies and enterprises. The share of the Russian Federation and other Eurasian Economic...