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18.07.2011
Belarus President invites foreign investors to develop new mineral deposits
MINSK, 18 July (BelTA) – Foreign investors are invited to develop new mineral deposits in Belarus, including potash ones, said President of Belarus Alexander Lukashenko as he met with top executives of the group of companies Boulle Mining on 18 July. Alexander Lukashenko said that taking into account the growing demand for mineral resources, including potash ones, Belarus receives a sufficient number of proposals for extracting the already known deposits and new ones. At present the...
18.07.2011
Lukashenko wants more effective penalties for drunk driving
MINSK, 18 July (BelTA) - President of Belarus Alexander Lukashenko held a meeting with Prosecutor General Grigory Vasilevich on 18 July, BelTA learnt from the president’s press service. The Prosecutor General reported to the head of state on the performance of law enforcement agencies in H1 2011. Particular attention was paid to crime prevention. Thus, in H1 the crime rate decreased by almost 14% over the same period last year. Grave crimes, robberies, hooliganism reduced significantly....
15.07.2011
Grand Prix of Vitebsk 2011 Junior Song Contest goes to Romania
VITEBSK, 15 July (BelTA) - Raluka from Romania has won the Grand Prix of the 9th International Junior Song Contest Vitebsk 2011 that was held within the framework of the International Arts Festival Slavonic Bazaar in Vitebsk, BelTA has learnt. Apart from a special prize and a diploma, the winner got $5,000. The first prize ($3,000) and a diploma were presented to Kuralai Meirambek from Kazakhstan. The second prize ($2,000) was shared by Valeria Chuvizova from Latvia and Gentleman from...
14.07.2011
Latushko hopes to enhance Belarus-Russia cooperation in cinema
VITEBSK, 14 July (BelTA) – Belarus is interested in strengthening cooperation with Russia in the cinema industry, Culture Minister of Belarus Pavel Latushko told reporters after the meeting with Culture Minister of Russia Alexander Avdeyev, BelTA has learned. “We have discussed joint film production. Russia is our main partner in this area. Taking into account the amendments in the Belarusian tax legislation, we now have additional prospects to implement joint cinema projects,” Pavel...
12.07.2011
Belarus, Ukraine Culture Ministers discuss cooperation projects
VITEBSK, 12 July (BelTA) – The Belarusian and Ukrainian Culture Ministries are interested in expanding cooperation. Culture Minister of Belarus Pavel Latushko met with his Ukrainian counterpart Mikhail Kulynyak in Vitebsk to discuss promising cooperation projects, BelTA learned from spokesperson for the Culture Ministry Anna Smolskaya. Particularly, the ministers focused on the prospects in education, museum and library science, the arrangement of guest performances of the Yanka Kupala...
12.07.2011
Belarus’ GDP up 11% in H1
MINSK, 11 July (BelTA) - President of Belarus Alexander Lukashenko met with Deputy Prime Minister Sergei Rumas to receive his report on the country’s economic performance in H1, BelTA learnt from the press service of the Belarusian President. During thу period under review, the country's GDP grew by 11%. Productivity of labor and return on sales increased as well. In the five months from January to April export growth outpaced import growth. Belarus had a foreign trade surplus of $116...
12.07.2011
Refinancing rate in Belarus up to 20% p.a.
MINSK, 11 July (BelTA) – The National Bank of Belarus increases the rate of refinancing by two percentage points to 20% per annum on 13 July 2011, BelTA learnt from the information department of the National Bank. The National Bank intends to implement a consistent interest rate policy aimed at gradually raising the general level of interest rates in the economy to help curb inflation and encourage saving processes in the country. The planned rise in interest rates will make the...
11.07.2011
Belarus-Russia trade to exceed $40bn in 2011
VITEBSK, 11 July (BelTA) - The bilateral trade between Belarus and Russia will exceed $40 billion in 2011, State Secretary of the Belarus-Russia Union State Pavel Borodin said as he met with Chairman of the Vitebsk Oblast Executive Committee Alexander Kosinets, BelTA has learned. “In Q1 2011 the bilateral trade between our countries made up $11 billion. At the end of the year it will exceed $40 billion,” Pavel Borodin said and added that Russia does not have such advanced economic...
07.07.2011
Belarus President advises manufacturers to rely on own resources
SHKLOV, 7 July (BelTA) – Manufacturers should primarily rely on their own resources instead of expecting state support, said President of Belarus Alexander Lukashenko as he visited the newsprint mill in Shklov on 7 July. The head of state stressed that manufacturers should strive to achieve success through improving their profitability, quality of their products and expanding the area of sales. “I don’t promise any support to anyone,” Alexander Lukashenko emphasized. “State...
07.07.2011
Belarus’ gold and currency reserves grows to $4,151bn
MINSK, 7 July (BelTA) – Belarus’ gold and foreign exchange reserves increased by $557.7 million as determined by the IMF Special Data Dissemination Standard (SDDS). According to the preliminary data, as of 1 July 2011 it made up $4.1509 billion, BelTA learned from the Information Department of the National Bank. The gold and foreign exchange reserves of Belarus in national terms went up by $546.6 million to $5.650 billion as of 1 July 2011. The first $800 million tranche from the EurAsEC...
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