The Belarusian mining industry expanded by 1.6% in February 2023, BelTA learned from the National Statistics Committee. In February 2023 Belarus' industrial output amounted to Br28.3 billion, or 98.2% year-on-year in comparable prices. The processing industry posted a 1.5% decrease. The industries producing electricity, gas, steam, hot water, and conditioned air shrank by 4.4%. The industries providing water supply, waste collection, waste processing, waste disposal, and...

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...