In January-April 2022 Belarus' industrial output amounted to Br54.4 billion, or 97.5% as against the same period of last year in comparable prices, BelTA learned from the National Statistical Committee of Belarus. Production in the mining industry increased by 4.3%, however the output in the processing industry shrank by 3.3%. Output inched up by 0.4% in the industries producing electricity, gas, steam, hot water, and conditioned air. The output of the industries providing water...

The situation along the entire perimeter of the borders of the Collective Security Treaty Organization remains tense, BelTA learned from Secretary General of the Collective Security Treaty Organization (CSTO) Stanislav Zas after a CSTO summit in Moscow on 16 May. Stanislav Zas said: “The heads of state noted that the number of challenges and threats to security rises constantly not only in the organization's responsibility area but in the entire world. The situation in all zones of...

The International Affairs Commission of the House of Representatives of the National Assembly of Belarus has passed a statement on the unacceptability of the desecration of memory of the warriors, who freed Europe from fascism, the press service of the lower chamber of the Belarusian parliament told BelTA. The International Affairs Commission resolutely condemns the campaign recently launched by a number of European countries to desecrate the memory of the warriors, who freed Europe from...

Foreign investors poured $3.4 billion in investments into the real sector of the Belarusian economy in Q1 2022, BelTA learned from the National Statistics Committee. The main investors in Belarusian corporations were commercial entities from Russia (37.7% of all the incoming investments), Cyprus (22.9%), Netherlands (8%), and Ukraine (6.6%). Foreign direct investments amounted to $3 billion, 88.8% of all the foreign investments. In January-March 2022 Belarusian corporations invested...

Belarus is ready to assist Russia in supplying sports outfit and other sports gear for competitions, TASS reports. Anatoly Sinkevich, Representative of the Committee for Sport Industry Development at the Business Center for CIS Economic Development in Belarus spoke on the matter as part of the discussion “Sport Diplomacy: Time of Great Opportunities” at the forum “Health of the Nation is the Basis of Russia's Prosperity”. “The manufacturing of goods in the current...

Commodity flows will be re-channeled from Western countries and Ukraine into friendly nations, mostly Russia and China, First Deputy Economy Minister of Belarus Yuri Chebotar said at the meeting of the Vitebsk Oblast Executive Committee to discuss the region's industrial sector, BelTA has learned. “Foreign trade has reached a state of balance and we believe this balance will be preserved. Over the past three months, the export grew by 4.8% year-on-year, the trade surplus...