The executive said: “They promise deliveries will be fully resumed sometime in mid-April. We hope we will not see any downtime since we have a certain stockpile of components. If we get more of them, everything should get back to normal.”

Sergei Nesterovich said: “The agreement represents the initial stage for tapping into the potential the 5G technology offers. Our telecommunications flagship Beltelecom will provide all kinds of assistance in association with Huawei Company to develop 5G technologies in the industrial park.”

The document was signed by Head of the Industrial Park Administration Aleksandr Yaroshenko, Director General of SZAO Industrial Park Development Company Yan Gang, and Chairman of the Board of the Development Bank of the Republic of Belarus Andrei Zhishkevich

“Twenty-two houses having 1,854 apartments with the total area of about 118,000 square meters were commissioned in 2018-2019. After two phases of the housing construction project were completed, more than 5,000 people could improving their living conditions. Those are people on the government waiting list for better housing, low-income families,” the ministry noted

The areas where Belarus has the potential to increase exports to China were reviewed once again during today's meeting with the head of state. “We are an export-oriented country. China is an inexhaustible growing market. In the medium term, its capac

The diplomat welcomed closer ties between the two states, which is in large part due to friendship between Belarus President Aleksandr Lukashenko and China's President Xi Jinping. The two leaders pay much attention to projects as part of the Belt and Road initiative.

Summing up the results of 2019, Kirill Koroteyev said that the construction of the main infrastructure facilities of the first stage (on the area of 851 hectares) had been completed. “This year we will start the second stage of the park development on the total area of 860 hectares

China's General Administration of Customs in association with the Belarusian Agriculture and Food Ministry and with participation of the Belarusian Embassy in China completed the work to grant 14 Belarusian meat plants access to the Chinese market

The Belarusian Finance Ministry and the Shanghai branch of the China Development Bank signed the term loan agreement in Shanghai on 16 December. In line with the agreement the Chinese side transferred the loan to the tune of ¥3.5 billion to Belarus on 20 December

Export of Belarusian timber to China via the commodity exchange was in focus of the talks between the BUCE and a business delegation of China on 20 December

The signing ceremony took place following the meeting of Ambassador Extraordinary and Plenipotentiary of Belarus to China Kirill Rudy with Secretary General of the China National Accreditation Service for Conformity Assessment Xiao Jianhua

In January-October 2019, the trade between Belarus and China reached $3.8 billion, up 25.5% year-on-year. The export made up $608.1 million, the import - $3.2 billion.

The loan is not linked to any specific project and can be spent on general purposes, including the repayment and servicing of the public debt, maintenance of gold and foreign currency reserves and promotion of trade between Belarus and China

The delegation was led by Deputy Head of the Sinomach Corporation Regional Center in Belarus Pei Chao. He mentioned plans to step up the company's presence on the Belarusian market. The company is particularly interested in projects to recycle solid municipal waste, long-term social projects, and environmental projects

The press service noted that the visit of the Chinese delegation confirms the sides have established productive cooperation, which contributes to the enabling of favorable conditions for business development while maintaining effective customs oversight over international commercial transactions

The BSU Training Center in Sanya was established in 2018 to prepare Chinese applicants planning to study at the Belarusian State University. Today, about 140 students are trained on the programs of the Belarusian university in the center.

Jurgen Rigterink, in turn, praised EBRD-Belarus contacts which have become more frequent recently. Due to the increasing volume of operations in the EBRD portfolio, Belarus has become one of the most important countries for the bank, he stressed

The new facility of the Swiss partners will enable Belarus to once again asset itself as a country that produces high-tech and competitive goods.

The industrial park had been tasked with raising the number of resident companies up to 60 by the end of 2019. The task has been fulfilled. The family of the resident companies grew larger with OOO Hess Great Stone, a daughter enterprise of the Swiss company Carrosserie HESS AG

There are plans to host the Year of Belarusian Regions in China in 2020. In this respect the focus was made on the need to step up interregional cooperation and strengthen economic, cultural and tourism ties

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