The Belarusian air company Belavia will operate a regular air service to India, BelTA learned from the airline's press service The first flight will be launched on 11 August. Initially, flights between Minsk and Delhi will be operated weekly (on Fridays). From 20 September, the airline intends to increase the frequency of flights to twice a week: flights from capital of the Belarus will be operated on Wednesdays, from Delhi - on Thursdays. The flight will depart from Minsk at...

In H1 2023, Belarus' trade in goods and services increased by 15% year-on-year and exceeded $46 billion. The foreign trade surplus was estimated at $167.3 million, BelTA informs citing the statistics posted on the website of the National Bank. Foreign trade in goods remained on the growth track. In June 2023 the export of goods rose by 5.4% month-on-month and amounted to $3.3 billion. The import of goods grew by 3.2% to reach $3.4 billion. As a result, the foreign trade deficit in...

About 360,000 military personnel have been deployed in the immediate vicinity of the Union State of Belarus and Russia. The number includes the armed forces of Eastern Europe countries, the Russian news agency TASS quoted Russian Defense Minister Sergei Shoigu as saying. In his words, about 8,000 armored vehicles, 6,000 artillery systems and mortars, 650 aircraft and helicopters are also deployed near the borders of the Union State of Belarus and Russia. Sergei Shoigu remarked...

The China National Forest Product Industry Corporation intends to step up cooperation with the Belarusian Universal Commodity Exchange (BUCE). The corporation plans not only to buy more Belarusian sawn timber at exchange auctions, but also to sell China-made goods through the BUCE import substitution platform, head of the purchasing department of the company Li Yingtian said during the meeting with the BUCE management, BelTA learned from the BUCE press service. The initiative of the...

 According to the preliminary data, Belarus' international reserve assets totaled the equivalent of $7,973.5 million as of 1 August 2023, BelTA learned from the National Bank of the Republic of Belarus. The country's gold and foreign currency reserves went up by $182 million (or 2.3%) in July 2023 after shrinking by $80.6 million (1.02%) in June 2023. The central bank said: “Since August 2022 information about the volume of the international reserve assets has been published...

The Belarusian Universal Commodity Exchange (BUCE) and the Export Support Center of Kaliningrad Oblast of Russia will join efforts to get the region's SMEs interested in exchange trading. This matter was discussed during a joint webinar for local businesses that was arranged by BUCE and the Export Support Center of Kaliningrad Oblast, BelTA learned from the BUCE press service. Special attention was paid to the agricultural sector, primarily manufacturers of oil and fat products and...