An international youth camp Friendship 2007 will open near the Friendship Monument at the junction of the borders of three Slavonic countries tomorrow. On the eve of the Youth Day the camp will gather young people from Belarus, Ukraine and Russia just like it did in recent years. BelTA learnt from representatives of the youth affairs department of the Gomel oblast administration, this year the international tent camp is organised by the Chernihiv oblast administration of Ukraine. The camp is...

The 1998 default will never repeat, VTB President – Chairman of the Board Andrei Kostin believes. “Today currencies are stable and such problems as the 1998 crisis will never occur,” the banker said. According to Andrei Kostin, due to the stabilized economic situation the CIS member states may pay for goods and services in local currencies not US dollars and euros including for energy carriers. “The CIS countries should not make mutual payments in US dollars and euros. We deem it...

The Moscow House, which is supposed to be built in Minsk, will become a business bridge not only between Belarus and Moscow, but between Belarus and Russia as well, Belarus President Alexander Lukashenko said when meeting with Moscow Mayor Yuri Luzhkov today. “The Moscow House will bring together business institutions and businessmen of the two countries and will also embellish the Belarusian capital”, said the head of state. He thanked the Moscow Mayor for investment projects in...

In January-May 2007 Belarus’ GDP grew by 9%. As BelTA was informed in the presidential press service, on June 12 President of Belarus Alexander Lukashenko met with Prime Minister Sergei Sidorskiy to receive his regular report on the main indices of the performance of the national economy for the five months of the current year. Belarus’ economy has been successfully settling the problems that occurred at the beginning of the year. In January-May profitability of companies made 12.6%;...

Belarus Prime Minister Sergei Sidorskiy said he was confident before the year is out, the foreign trade situation will be stabilised in Belarus. Commenting on results of his report to Belarus President Alexander Lukashenko today, Sergei Sidorskiy told media, “So far we cannot reach the foreign trade surplus goals set by the President early this year”. He attributed the situation to various objective and subjective reasons. In particular, he mentioned lower sales of petroleum products in...

Russian VTB Bank is ready to invest $700 million in Belarusian production projects annually, State Secretary of the Union State Pavel Borodin told media commenting on results of today’s meeting with Belarus President, Chairman of the Supreme State Council of the Union State Alexander Lukashenko.

The concern Belneftekhim has started transporting oil products Free on Board /FOB/ through the Baltic States on a long-term basis. For this purpose the trading companies of the concern Belneftekhim LIT (Lithuania) and Belneftekhim Baltic Co. (Latvia) signed contracts with the terminals of the Klaipeda and Riga ports for the transshipping of the Belarusian oil products, BelTA was told in the concern Belneftekhim. In line with the contracts the Klaipeda port will monthly transship 60 thousand...

The Belarusian government has adopted a plan for implementing the 2007-2010 National Innovation Development Programme. The decision is laid down by the Council of Ministers’ resolution No. 523. The Justice Ministry, the State Science and Technology Committee, the Education Ministry, the Industry Ministry, the Agriculture and Food Ministry in association with the National Academy of Sciences of Belarus, oblast administrations and the Minsk City Hall have been instructed to develop the...

There are no unresolved issues in relations of Belarus and Moldova, Belarus President Alexander Lukashenko said on June 12, as he met with Petru Lucinschi, ex-President of Moldova, head of the Lucinschi Foundation for Strategic Research and Development of International Relations. The press service of the Belarusian leader quoted him as saying that incumbent Moldova President Vladimir Voronin upholds the same view. The Belarusian head of state met with Vladimir Voronin at a recent informal...

President of Belarus Alexander Lukashenko demanded to continue boosting exports to keep the currency market stable. The Belarusian head of state gave corresponding instructions today during the installation ceremony for chairman of the Minsk regional executive committee Leonid Krupets. “Issues relating to the export are becoming very urgent. The situation in this field is still difficult in the country in the whole as well as in Minsk oblast”, the Belarusian leader underlined....