In recent years, the global potash market has undergone major changes which has resulted in a shift in the market philosophy. Now the market is based on healthy competition between leading players and not on cartel agreements, which, of course, will affect a particularly important sector for Belarus: potash.
Negative foreign trade surplus is growing, putting pressure on BYN exchange rate. Exporters need the weak national currency too so experts predict further devaluation.
The government plans to diversify Belarusian exports by 2020 so that one third of the products would go to the Eurasian Economic Union, another third — to the European Union and the rest of the products to other countries.
The plant of the Swiss company Stadler in Fanipol has experienced a fall in demand for their products. The owner and CEO of Stadler Rail Group, Peter Spuhler, told reporters about the crisis response made by the foreign investor
Country needs money as Russia is still refusing to help its western neighbour. But what the IMF demands from Belarus? And will it really help to restore economic growth?
The future construction of a nuclear power plant in Belarus will put the country before a surplus of electric energy. Is there a possibility of bridging the energy gap between Belarus and Europe?
Official Minsk is going to have problems with gaining export duties on oil products and reaching an agreement on terms of oil supply for the next four years with Russian Federation, unless some major concession is made on its behalf.
Brief overview of the history, international status of Bitcoin and its present state within the country, risks related to the use of cryptocurrency, the opinion of the authorities and experts
Belarus counts on the billion rubles investments in the China-Belarus industrial park "Great Stone Industrial Park", and its residents - on the unprecedented benefits
