belarus business news

• Colza oil as strategic resource of Belarus

  Annual rape yield in Belarus is about 1 mln ton. The available capacities allow to process only one half of the crop. The investments into the processing industry will make Belarus getting more than 400 thousand tons of colza oil a year.

  16 March 2010

• Liberalization of retail prices

  The new decision of the Ministry of Economy of Belarus cancels the markup on majority of the products on retail market except for some 50 products like bread, milk, vegetables, pharmaceuticals, goods for children.

  28 October 2009

• Public procurement reduction

  For the first six month of 2009 the number of public procurement has been decreased by 31.5% with participation of 167 493 companies, of that only 0.9% are foreign companies, mainly from Russia.

  7 September 2009

• Double import decrease

  In 2009 the import of domestic appliances from abroad has been reduced by 50% thus protecting and stimulating the local market.

  22 July 2009

• Customs union Belarus - Russia- Kazakhstan

  Starting from 1 January 2010 Belarus, Russia and Kazakhstan enter the single customs union and will be forced to establish single customs tariffs for all products imported to the countries.

  22 July 2009

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Business guide for you to make the right decision!

Belarus Business Guide is intended to serve as a roadmap for starting and doing business in Belarus. It is both comprehensive and easy to use.

Along with the general information about Belarus economy and its investment climate, currency and customs legislation, taxes, banking system, other legal rules and norms, it contains step-by-step instructions as to the the order of company registration, opening offices and representatives in Belarus.

The reliable and relevant information of this guide is intended for companies and individuals wishing to overview the prospects and start business in Belarus.

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