MINSK, 19 February (BelTA) – In 2010 Belarus is set to raise $2.7 billion in foreign capital investment, Vice-Premier of Belarus Andrei Kobyakov said at a session of the permanent committee at the Advisory Council for Foreign Investments under the Council of Ministers of Belarus. “The main investment goal for 2010 is to boost the volume of foreign capital investment Br7.7 trillion, or $2.7 billion. We think this goal is reachable,” said Andrei Kobyakov. In 2009 the volume of capital...

GOMEL, 17 February (BelTA) – Ensuring accessible Internet access in regional libraries can be one of the effective ways to attract more readers, especially younger generations, Culture Minister of Belarus Pavel Latushko said at a session of the culture department of the Gomel Oblast Executive Committee. Young people do not read a lot nowadays. They mostly do it for school curricula, the minister lamented. Children are now more into TV and computers. “If libraries had Internet access,...

MINSK, 16 February (BelTA) – President of Belarus Alexander Lukashenko has approved a proposal concerning the streamlining of the structure of the Belarusian Agriculture and Food Ministry. The President made the relevant statement at a government session held on 16 February to improve the organization and management of the Agriculture and Food Ministry. Participants of the session considered three draft laws submitted by the government, namely a draft presidential decree on creating an...

MINSK, 10 February (BelTA) – Belarus intends to resume the export of electricity to Poland in the near future, Belvneshenergo Director General Vladimir Kuzmich said at a conference, Belarus in Europe, in Minsk on 10 February. According to Vladimir Kuzmich, Belarus has suspended the export of electric power to Poland as the Polish partners offered to pay a low price. The two sides are completing the negotiations on possible resumption of power supplies. Belarus is expected to start the...

MINSK, 9 February (BelTA) – The production facility, which will assemble tractors Belarus, is expected to be set up in the Amur Oblast of the Russian Federation. The issues related to setting up the production facility have been discussed during a meeting of First Deputy Industry Minister of Belarus Ivan Demidovich and Amur Oblast Governor Oleg Kozhemyako. Their meeting was held in the city of Blagoveshchensk (Russia), BelTA learnt from the press service of the Belarus Industry Ministry....

KYIV, 5 February (BelTA) – In 2010 Belarus and Ukraine are set to reach the pre-crisis level of trade turnover, which stood at $5 billion, BelTA learnt form Ambassador Extraordinary and Plenipotentiary of Belarus to Ukraine Valentin Velichko. For the past several years trade and economic cooperation between the two countries has been vibrant. Starting from 2003 the trade increased several times reaching almost $5 billion in 2008. Yet, last year the financial crisis affected the mutual...

MINSK, 4 February (BelTA) – Belarus’ target for economic growth in 2010 is quite attainable, Prime Minister of Belarus Sergei Sidorsky told media in Gomel on 3 February. In his words, under the altered terms of the Russian oil supplies to Belarus, the growth rate of the Belarusian economy planned for this year is real and achievable. “We are expecting a gradual growth from 100% to the forecast 111-113% in 2010,” Sergei Sidorsky said. The government has also considered the further...

MINSK, 4 February (BelTA) – Belarus are planning to produce high-speed passenger trains in the near future, Prime Minister of Belarus Sergei Sidorsky told media on 3 February. Various foreign companies are showing their interest in such projects. “There are proposals from investors to develop the production of high-speed trains in Belarus using Belarus’ technologies alongside with foreign innovations,” the Premier stressed. Sergei Sidorsky emphasized the necessity to develop...

MINSK, 4 February (BelTA) – Belarus will be producing biogas plants soon, Prime Minister of Belarus Sergei Sidorsky told media on 3 February. “In 2010 we will launch the production of such units and hence will address settle several issues: import substitution, cheap energy, improved energy supply, reduced impact on the environment,” Sergei Sidorsky said. Foreign companies, including from Germany and Austria, have sent proposals to Belarus to take part in the projects on biogas unit...

GOMEL, 3 February (BelTA) – China will invest another $10 billion in Belarus’ economy, Prime Minister of Belarus Sergei Sidorsky told media in Gomel on 3 February. According to the official, the Belarusian government expects a PRC Vice Premier to visit Belarus. “We have agreed on attracting new investments to the tune of $10 billion to Belarus. The money will be used to build up Belarus’ economic potential,” said Sergei Sidorsky. The Prime Minister reminded that an agreement had...