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On 1 December 2024 Belarus increased export duties on certain oil products which are exported outside the customs territory of the Eurasian Economic Union (EAEU). The Council of Ministers issued relevant resolution No.886 on 29 November 2024. The document was published on the national legal internet portal, BelTA has learned. In line with the resolution the size of the export duty on liquefied petroleum gas is now $61.7 per tonne ($49.7 previously). The export duty on ethane, butane and...

The Belarusian economy has doubled over the past 20 years, with the country’s primary strategy being to ensure a systematic and quality growth of GDP, Belarusian Prime Minister Roman Golovchenko said in an interview to Belarus 1 TV channel, BelTA has learned. Speaking about the economic indicators, which the country has achieved, the prime minister said that GDP growth was among the crucial ones, and explained what it meant. “In a common language, this term refers to the value of all...

In January-September 2024 the trade between Belarus and Kyrgyzstan increased by 14.1% year-on-year, Deputy Prime Minister of Belarus Anatoly Sivak said at a meeting of the Belarus-Kyrgyzstan intergovernmental commission on trade and economic cooperation, BelTA has learned. “Kyrgyzstan is an important trade and economic partner of Belarus in Central Asia. Our relations are making good progress in all areas. Belarus and Kyrgyzstan share approaches to addressing many pressing problems of...

In January-October 2024 milk production went up by 5.5% year-on-year, Belarusian Food and Agriculture Minister Anatoly Linevich said at a nation-wide seminar-meeting to sum up the results of cattle herd reproduction and livestock production in January-October 2024, BelTA has learned. Livestock plays a key role in the economy of the agricultural sector of Belarus. It accounted for more than half of agricultural output. Animal husbandry, according to experts, is the major contributor to the...

Belarusian enterprises have plans to supply cargo, mining, road-building machinery, and also utilities vehicles to Pakistan, Belarusian Industry Minister Aleksandr Yefimov told the media on the sidelines of the talks between Belarusian President Aleksandr Lukashenko and Prime Minister Shehbaz Sharif of Pakistan in Islamabad on 26 November, BelTA has learned. According to Aleksandr Yefimov, one of the primary tasks for the Industry Ministry is to organize a visit of the Pakistani...

BELARUS tractors with a capacity of over 100 hp are to be assembled in Pakistan. This plan was announced following the talks of the Belarusian delegation headed by Industry Minister Aleksandr Yefimov with the heads of Pakistani companies Green Corporate Initiative (Private) Limited and Heavy Industries Taxila, BelTA learned from the press service of Minsk Tractor Works (MTZ trademark). MTZ Director General Sergei Avramenko signed a memorandum of cooperation that sets out deadlines and an...