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THE ESSENTIAL
Stable Belarusian economy through new export-oriented enterprises

The stability of the Belarusian economy lies with setting up export-oriented enterprises. The statement was made by Prime Minister of Belarus Sergei Sidorsky on November 21 as the second technological line for manufacturing mineral wool products based on basalt fibre was launched in Gomelstroimaterialy company. The more similar enterprises Belarus has, the faster and simpler it will be to overcome negative phenomena on the global market.

 

NEWS

2008-10-01

Biofuel to be produced in all regions of Belarus

Enterprises producing biofuel will be set up in all the regions of Belarus, Belarusian Prime Minister Sergei Sidorsky told reporters. The head of the Belarusian Government visited an enterprise processing oil plants in the village of Sharayevshchina of the Bobruisk region and a future plant producing biofuel from the rapeseed oil in the village of Kalinino. “In the nearest future, enterprises like these will be established in every oblast. The enterprises in the Bobruisk region employed the most advanced imported technologies which will be adjusted to the Belarusian conditions,” the Premier said.

Such enterprises will help reduce the import of crude oil approximately by 300 000 tonnes. Our country consumes about 2 million tonnes of diesel fuel a year, Sergei Sidorsky added.

It will be important for the agriculture, too, as biofuel will be cheaper than the diesel one, the Belarusian Premier underlined.

Sergei Sidorsky said that the government is currently addressing the pricing issues concerning the enterprises producing biofuel. Although the prices had been defined, some changes took place on the foreign market. “Our neighbours, Russia and Ukraine, had a good yield of sunflower and rape, the prices therefore are sinking. This is why it is necessary to develop a coherent pricing policy so that our enterprises work efficiently producing and exporting rapeseed oil, cake and biofuel,” Sergei Sidorsky noted.

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NEWS
Belarus to provide humanitarian assistance to Cuba

In accordance with a resolution of the Council of Ministers, the Finance Ministry of Belarus is set to allot €30,000 from the national budget to the Foreign Ministry for the Embassy of Belarus in Cuba in order to provide humanitarian assistance to Cuba in view on a devastating hurricane, BelTA learnt from the Council of Ministers.

Belarus Investment Forum in London

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A working visit to Great Britain

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Meeting of CIS Council of Heads of Government in Chisinau

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The working visit of the Belarusian Premier to Riga

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Belarus reduces oil export duty November 1

On November 1, 2008, Belarus reduces the crude oil export duty from $372.2 per tonne to $287.3 per tonne. The Council of Ministers issued relevant resolution No 1668.

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