Restrictions on transactions and difficulties with servicing Visa and Mastercard cards are forcing Belarusian businesses and ordinary people to look for alternative options. Chinese yuan and the UnionPay payment system are being considered as one of them.
Deputy Minister of Health Boris Androsyuk anounced: "Despite COVID19 we managed to fulfill plan on export of medical services, probably due to the policy of openness of our country. We ensured a 20% growth and export exceeded $40 million.
Minsk and Moscow have advanced by about 30% in the implementation of the integration maps. Now special attention is focused on the following areas: the tax sphere, customs cooperation, and the formation of a unified gas market.
On March 28, the Latvian national airline AirBaltic made its first flight from Riga to Minsk National Airport after a one-year pause caused by COVID-19, according to the website of Minsk airport.
The Russian Ministry of Industry and Trade announced the interest of BELAZ in concluding a special investment contract (SPIC) for the production of dump trucks in the Russian Federation using state support mechanisms to strengthen its position in the market of a neighboring country.
The site of Russian Railways posted a message about a new train schedule, which refers to the launch of high-speed "Swallows" on the route Moscow - Minsk.
The refinancing rate stays at 7.75% per annum. The decision was taken by the Board of the National Bank of the Republic of Belarus at a meeting on monetary policy on October 14, 2020.
Belarus President Alexander Lukashenko signed decree No.239 on measures to implement the Digital Economy Development Ordinance on 18 June. The document is designed to bring a number of legal acts
Famous Belarusian IT entrepreneur Viktor Prokopenya, who currently invests in several bang up to date projects, shares his experience in the IT industry and views on how these trends will affect Belarus and its IT sector.
