In January-November 2008, capital and construction investments in Belarus went up by 21.9% over the same period of 2007 to exceed Br30.44 trillion, BelTA learnt from the National Statistics Committee of Belarus. Over the eleven months, building and assembly jobs totaled over Br13.3 trillion, 21.5% up from January-November 2007 in comparable prices. In January-November 2008, dwelling construction by means of all financial resources neared 4.32 million square metres, 10.3% up from the eleven...

Belarus would like to use the Russian agrarian technologies to the maximum, Prime Minister of Belarus Sergei Sidorsky said at a meeting with Russian Agriculture Minister Aleksei Gordeyev in Minsk on December 11. The agricultural industries of Belarus and Russia have long-standing relations, “all the issues are constructively addressed, rational decisions are taken”, the Premier said. Belarus has been closely following the implementation of the Russian national programmes. The country is...

Belarusian state food industry concern Belgospischeprom intends to implement investment projects together with Russian company Yug Rusi, Belgospischeprom Chairman Ivan Danchenko told reporters on December 10. Yug Rusi offers oil and fat products. “Today we will sign a contract with Yug Rusi for the contract manufacturing of bottled vegetable oil at the Gomel fat factory,” said Ivan Danchenko. A series of negotiations will be held to attract investments of the Russian company into the...

Prime Minister of Belarus Sergei Sidorsky will go on a working trip to the Gomel oblast on December 10, BelTA learnt from the Council of Ministers Office. The Prime Minister is expected to visit Kombinat Vostok company where he will be made familiar with the storage and pre-sale preparation of fruits and vegetables before they are sold on the home and foreign markets. Sergei Sidorsky is expected to participate in the unveiling of a new building of the Gomel Oblast Court. A new chocolate...

This year’s expected results of Belarus’ social and economic development will be discussed at a session of the Council of Ministers on December 9. The session will be chaired by Prime Minister Sergei Sidorsky, BelTA learnt from the Council of Ministers Office. Taking into account the evaluated development of key branches of the Belarusian economy, in 2008 the GDP growth will make at least 10.2%. According to provisional data, the industrial output will grow by 11.7% in comparison with...

It is imperative for Belarus and Brazil to fill the bilateral relations with mutually beneficial economic projects including setting up joint ventures and assemblies, diversifying the production lineup. The decision was taken at a meeting between Ambassador Extraordinary and Plenipotentiary of Belarus to Russia Vasily Dolgolev and Ambassador Extraordinary and Plenipotentiary of Brazil to Russia Carlos Antonio da Rocha Paranhos in Moscow, BelTA learnt from the press service of the Belarusian...

Belarus and India have a great cooperation potential, President of Belarus Alexander Lukashenko said as he met with Ambassador Extraordinary and Plenipotentiary of India Rajendra Kumar Tyagi on December 4. The meeting took place in view of the expiry of the diplomat’s term in office, informs BelTA. The Head of State said that Belarus is proud of the relations with such countries as China, Russia, India and values highly the cooperation with them. Alexander Lukashenko thanked the...

Belarus and China are planning to make an experiment of using national currencies in the interbank payments. It is highly important for the development of the bilateral trade and economic cooperation. This intent of the central banks of the two countries was approved at the tenth session of the Belarusian-Chinese intergovernmental commission for trade and economic cooperation in Beijing on December 2. The Belarusian delegation was headed by Chairman of the State Control Committee Zenon Lomat,...

There are no obstacles for the operation of the Russian Sberbank in Belarus, President of Belarus Alexander Lukashenko said as he met with Chairman of the Board of Sberbank of the Russian Federation German Gref on December 2. “There are no barriers for the operation of your bank in Belarus,” the President said. “We have long-standing relations and we have always had understanding,” Alexander Lukashenko said addressing German Gref. The Belarusian Head of State said that Sberbank of...

Russian Sberbank (Savings Bank of the Russian Federation) thinks about buying or opening a new bank in Belarus, Sberbank Chairman of the Board German Gref told media on December 2. In his words, in the nearest future Sberbank of Russia will contact the National Bank of the Republic of Belarus with a view to determining ways to enter the market. German Gref was confident the parties will be able to come to an understanding regarding the issue on mutually beneficial terms. Speaking about his...