Region

MINSK, 19 September (BelTA) – The China Development Bank is expected to grant a $189-million loan to finance the construction of the Vitebsk hydropower plant on the Western Dvina River. The relevant loan agreement was concluded between Vitebskenergo and the Chinese bank, BelTA learnt from the Energy Ministry of Belarus. The Belarusian government provides guarantees to the Chinese bank of repaying the loan, interests as well as other payments for the use of the loan. Belarus’ BPS-Bank has...

MINSK, 16 September (BelTA) – OAO Polotsktransneft Druzhba would like the Lithuanian court to recognize the company’s ownership of 110,000 tonnes of process oil in the oil pipeline Polotsk-Ventspils and to force OOO LatRosTrans to pay the damages caused by illegal drain of over 40,000 tonnes of oil, representatives of the Belarusian company told BelTA. Thus, Polotsktransneft Druzhba has changed the matter in the dispute between the Belarusian company and the Latvian-Russian one. Earlier...

VITEBSK, 15 September (BelTA) – Manufacturers and entrepreneurs from Vitebsk are going to discuss cooperation prospects and educational projects with partners in Kaluga on 15-16 September, BelTA learnt from the regional union of employers. The business trip was stipulated in a cooperation agreement signed by the regional union of employers, Kaluga union of manufacturers and entrepreneurs, and the Smolensk Oblast sci-tech union. The Belarusian delegation will meet with top officials of...

VITEBSK, 15 September (BelTA) – Vitebsk Oblast boats a considerable economic potential, Ambassador Extraordinary and Plenipotentiary of South Korea to Belarus Kang Weon Sik said as he met with Vitebsk Oblast Governor Alexander Kosinets on 15 September, BelTA has learnt. According to the ambassador, Vitebsk Oblast has a well-developed manufacturing industry and other industries. The advantageous geographic position of the region opens great prospects, too. “Vitebsk plays an important role...

VITEBSK, 14 September (BelTA) – In January-July 2011 Vitebsk Oblast exports went up more than 1.5 times over the same period last year, Deputy Chairman of the Vitebsk Oblast Executive Committee Oleg Matskevich told reporters on 14 September, BelTA has learned. In January-July 2011 the region posted $78 million worth of foreign trade surplus in commodities (excluding oil products) and $24 million worth of foreign trade surplus in services. Efforts of local authorities and directors of...

VITEBSK, 13 September (BelTA) – Remains of nine soldiers of the Red Army were discovered near the village of Noviky, Vitebsk District, on 13 September, BelTA learned from commander of the 52nd special search battalion Ivan Tetushkin. Servicemen found the remains of soldiers when they defused explosive devices on the territory of Shapechino farm. The remains were identified by the fragments of clothes. Specialists are currently retrieving the remains from the soil. Later the remains will be...