The foundation of Eurasian Reinsurance Company is an alternative solution amid sanctions, BelTA learned from Belarusian Finance Minister Yuri Seliverstov. Members of the House of Representatives of the National Assembly of Belarus passed a bill on ratifying the agreement on founding Eurasian Reinsurance Company during the ninth session of the seventh-convocation parliament. The finance minister presented the bill before the MPs in the Oval Hall. The bill was brought in to the...

Belarusian Transport and Communications Minister Aleksei Avramenko met with Transport and Urban Development Minister Mehrdad Bazrpash of Iran within the framework of the official visit of Belarusian President Aleksandr Lukashenko to Iran, BelTA learned from the press service of the Transport and Communications Ministry.  The parties signed a protocol to establish a permit-free procedure for international road freight transport. "I hope that both parties will be able to ratify the...

Voronezh Oblast remains interested in running joint construction projects with Belarus, Deputy Chairman of the Voronezh Oblast Government Konstantin Kuznetsov told reporters after he met with Chair of the Council of the Republic of the National Assembly of Belarus Natalya Kochanova on 13 March, BelTA has learned. “I represent the construction industry of our region. The issues that we have discussed today deal with the construction sector and interaction between Russia and...

Belarusian enterprises have taken advantage of the window of opportunity that opened on the market, Economy Minister Aleksandr Chervyakov told journalists, BelTA has learned. “Enterprises took advantage of the window of opportunity that opened on the market. Firstly, we made up for almost 80% of estimated losses that we incurred because of being denied access to the markets of unfriendly countries. Therefore, I would outline the key steps we are going to take to ramp up output and...

Shanghai Cooperation Organization (SCO) is one of the pillars of a multipolar world, and it is important for Belarus to become a full member of the organization, Belarusian Minister of Foreign Affairs Sergei Aleinik after the meeting of Belarusian President Aleksandr Lukashenko with the SCO Secretary General Zhang Ming in Minsk on 9 March, BelTA has learned. According to the minister, the current status of Belarus as an SCO observer does not provide an opportunity to fully...

New trams have entered service in Ust-Kamenogorsk, Kazakhstan. Four tramcars of 62103 Model made by BKM Holding have successfully passed trial runs in the city, BelTA learned from the press service of BKM Holding. This is a single-section three-door tramcar, designed for operation at temperatures from -40 to +40°C. The maximum passenger capacity is 159, the number of seats is 29, the length of the car is 15.7m, the maximum speed is 62km/h. The tram is equipped with air...