The National Bank of Belarus is considering revising upward the quota for foreign capital in the aggregate authorized fund of Belarusian banks, Sergei Dubkov, the chief of the main banking supervision department of the National Bank, told a press conference on July 22. The share of foreign capital in the agreggate authorized fund of Belarusian banks makes up 17%. “Taking into account the negotiations which are underway with relevant investors and the documents which have been submitted to...

Belarus and Venezuela will continue building the strategic political and economic alliance, President of Venezuela Hugo Chavez said in his speech in the Simon Bolivar Park on July 23 after flowers were laid at the memorial plaque in honour of the national hero of Venezuela. Hugo Chavez remarked, within only two years Belarus and Venezuela managed to create a plan of cooperation and the first stage of the building of the strategic union. “We will continue building the political, economic,...

On July 23, Belarusian head of state Alexander Lukashenko conferred an Order of the People’s Friendship on President of Venezuela Hugo Chavez. According to the Belarusian leader, this award is a token of recognition by Belarus of special services of the President of Venezuela in strengthening the friendly relations between the two states. The award ceremony was held in the Simon Bolivar Park in Minsk. Alexander Lukashenko and Hugo Chavez laid flowers at the memorial plaque in honour of...

The Belarusian Ministry of Natural Resources and Environment Protection sent a notification letter to the Secretariat of the UNECE Convention on Environmental Impact Assessment (EIA) informing it on the intention to build a nuclear power station, BelTA learnt from the Ministry. The letter says that Belarus intends to build a nuclear power station with the productive capacity of 2 thousand megawatt with the first block being put into operation in 2016. At present, scientific, research and...

The political parties are actively involved in registering initiative groups for nominating candidates, BelTA learnt from secretary of the central election commission Nikolai Lozovik. The nomination of candidates through signatures collection is one of the three ways to participate in the parliamentary elections. One can also run for the Lower Chamber of the Belarusian Parliament if one is nominated by their co-workers or a political party. The signatures (a total of 1000) are collected by...

The National Bank of Belarus is considering revising upward the quota for foreign capital in the aggregate authorized fund of Belarusian banks, Sergei Dubkov, the chief of the main banking supervision department of the National Bank, told a press conference on July 22. The share of foreign capital in the agreggate authorized fund of Belarusian banks makes up 17%. “Taking into account the negotiations which are underway with relevant investors and the documents which have been submitted to...

The Belarusian government has adopted a privatisation plan for 2008-2010. The decision is laid down by Council of Ministers resolution No 1021. The privatisation plan is divided into two parts. The first one lists 519 national enterprises, both small and large ones, which are supposed to be incorporated as joint-stock companies within the next three years. The second part lists 147 open joint-stock companies, which shares will be sold in line with decree No 7. The resolution comes into...

Ivan Tikhon, the three-time world champion in hammer throwing, will be the captain of the Belarusian Olympic team in Beijing. This decision was made at a meeting of the Olympic team that was held in the Belarusian Ministry of Sport and Tourism on July 18. His candidacy was suggested by chief of the Belarusian Olympic mission in Beijing 2008 Alexander Grigorov. “Ivan Tikhon is not only a three-time world champion, he is also an honest person, loved and recognized in Belarus and abroad,”...

The European Union should not extend politically charged issues to the area of visa pricing for ordinary Belarusians, spokesman for the Foreign Ministry of Belarus Andrei Popov told media commenting on the EU statement that “until Belarus and the EU sign an agreement on cooperation and partnership in line with the European good neighborliness policy, the prices and procedures of getting Schengen visas for Belarusians will not change.” “The settlement of the visa issue could serve the...

In 2009-2010 around Br9 billion will be required to implement the state programme for scientific support for the development of nuclear power engineering in the Republic of Belarus, Vyacheslav Kuvshinov, Director General of the United Energy and Nuclear Research Institute Sosny, told a session of the Presidium of the National Academy of Sciences of Belarus on July 17 during the presentation of a concept of the programme. In his words, the state programme is designed to run in 2009-2010 and...