“We are closely working with China. Our export is estimated at $61 million as of today. By the year-end it is expected to grow up to $90 million. In 2020 we are set to approach $100 million. We export a broad range of merchandise. This year the export has grown on the back of meat products: Belarus shipped 5,500 tonnes of poultry and 2,500 tonnes of beef,” Aleksei Bogdanov said

The official described the construction of a factory in the industrial park to make Euro-6 engines using a complete fabrication cycle as a strategic direction in localizing the production of automobiles. The engines will be sold to BelGee and exported to Europe

These enterprises include Zhabinka Sugar Refinery, Skidel Sugar Refinery, Gorodeya Sugar Refinery, and Slutsk Sugar Refinery

The situation in the global leather goods market in 2018-2019 had a strong impact on Belarusian tanneries, including the MLPA. The demand for such goods (finished and semi-finished) has declined steadily recently, which caused a drop in prices and export volume. The main reason for this decline was falling production of footwear from natural leathers and replacement of natural leathers with synthetic materials

In the run up to the exhibition Beijing played host to the 12th meeting of the working group on the China-Belarus industrial park Great Stone under the chairmanship of Belarus' Economy Minister Dmitry Krutoi and China's Vice Minister of Commerce Yu Jianhua

Belarus continues to actively increase export of dairy products, flax fiber, various oils, flour, sugar, and confectionery to China. “This is a very promising market that needs to import goods due to a large population and limited land resources. For Belarus, China is one of the most important trade and economic partners and we plan to continue boosting export to China

The official said: “We hope we will finish all the work on the loan by the end of the year. We expect to get the loan this year.” He remarked Belarus intends to borrow ¥3.5 billion or the equivalent of roughly $500 million

The annual awards ceremony of the 9th EuropaProperty CEE Investment Awards was held in Warsaw on 24 October. Taking part in the event were more than 400 investors, developers, and professionals in the real estate industry

“Belarusian entrepreneurs have plans to launch dairy production in this free economic zone with a view to exporting dairy products to the People's Republic of China. We can scale up this kind of cooperation,” Roman Sklyar said

The companies that got permit to export to China include Santa Bremor, Barentsevo, Kamchatskaya Ryba, DG-Tsentr, Vkus Ryby Plus, Neofish, and 15 Avenue.

According to the source, the China-Belarus industrial park Great Stone is now home to 55 companies. The latest declared investments stand at $1.1 billion.

Taking part in the event were also staff and students of Belarusian State Economic University, Belarusian National Technical University, and Baranovichi State University.

The China-Belarus industrial park Great Stone is a special territory as large as 112.5km2 that offers unprecedented preferences for doing business.

Valery Ivankovich, Director General of OAO Minsk Automobile Plant (MAZ trademark), the managing company of the holding company BelavtoMAZ, noted that MAZ increased the usage of Weichai engines in its products while building the factory in the China-Belarus industrial park Great Stone

The China-Belarus industrial park Great Stone invites foreign partners to consider the possibility of setting up subparks in the park

In the Trade Facilitation nomination international experts recognized the Great Stone industrial park as a zone promoting trade through a well-developed customs infrastructure

Weichai has experience of working in Belarus, Mikhail Myasnikovich noted. The construction of a new joint plant to produce gearboxes is underway. The corporation has already assembled thousands of engines for the Belarusian mechanical engineering industry

 According to the source, six container trains each carrying 41 containers with milk powder and milk whey have already been sent to China. A total of ten trains have been sent to China since the project began in 2018. “We are now working with Meat & Dairy Company to send the first trainload of meat to China in November,” Andrei Sladkevich said.

Belarus Minister of Antitrust Regulation and Trade Vladimir Koltovich noted that cooperation between Belarus and China is of a strategic nature. He believes that the signing of the memorandum will give a new additional impetus to the Belarusian-Chinese cooperation

 MINSK – Belarus' Ambassador to China Kirill Rudy met with Greenland Group Executive Director Zhang Yun to discuss the possibilities of boosting supplies of Belarusian agricultural products with high added value to China, and the opening of a pavilion with Belarusian goods in Shanghai.

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Ministry of Foreign Affairs of the Republic of Belarus