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Business News

Wednesday, 10 March 2010

Lithuania interested in broader cooperation with Belarus in agriculture

Lithuania is interested in expanding cooperation with Belarus in agriculture, Ambassador Extraordinary and Plenipotentiary of Lithuania to Belarus Edminas Bagdonas reported.

The diplomat remarked that Belarusian tractors and other agricultural machines are well-known on the Lithuanian market. At present new opportunities for expanding the Belarusian-Lithuanian cooperation using European Union funds have emerged. Those are projects that provide for starting up European-quality agricultural product manufacturing. All the certificates required for selling the products in Europe will be acquired. “During the milk dispute between Belarus and Russia we were not idle. We sought forms of cooperation with Belarus,” said Edminas Bagdonas. “Heads of our agricultural authorities discussed programs and prospects for re-equipping Belarusian dairy factories”. In particular, there are plans to acquire a European certificate that will allow exporting Belarusian products to the European Union.

“I think we have many opportunities for cooperation in this area,” stressed the Ambassador of Lithuania to Belarus. He remarked that Lithuania had refitted its agribusiness to enable exports to Europe a long time ago. “We are participants of the European manufacturing and sales network and would like to share our experience with Belarus. I think it will be beneficial both for you and us,” said the diplomat.

BelTA

07.09.2010 -		Finance Ministry still plans to sell Eurobond in Russia

07.09.2010 -		BCSE’s state securities trading on secondary market down 7.7%/mo in August

07.09.2010 -		NBB allows down payments under import contracts not exceeding 5,000 euros

05.09.2010 -		Belarus raises postal service tariffs 10%, telecoms service fees 7.1%

04.09.2010 -		Belarus’ Br trading on interbank loan market up 50% in August

03.09.2010 -		BCSE’s U.S. dollar ask $312.911 mln below bid in August

03.09.2010 -		State enterprises enabled to transfer part of profits to budget on quarterly basis

03.09.2010 -		Lukashenko abolishes licensing of 16 activities Jan 1, 2011

02.09.2010 -		Belarus’ internal debt up 1.2% in July ‘10 to Br8.418 tln

02.09.2010 -		Belarus’ foreign debt down 0.7% in July to $8.479 bln

02.09.2010 -		Belarus’ govt raises fixed salaries for some public sector workers 10%-25%

01.09.2010 -		Belarus’ commodity trade deficit at $4.201 bln in Jan-Jul

01.09.2010 -		Belarus’ banks cut interest rates on Br corporate loans in July to 14%

01.09.2010 -		Belarus’ population at 9,467,700 people as of Aug 1

31.08.2010 -		Belarus’ govt suggests raising compensations for low-salaried workers Sept 1

31.08.2010 -		Belarusian ruble up 1.23% against basket of currencies in Jan-Jul

31.08.2010 -		NBB sees refinancing rate between 8%, 10% in 2011

30.08.2010 -		Belarus banks’ loan portfolio up 20.1% to Br83.098 tln in Jan-Jun

30.08.2010 -		Belarus may allow entrepreneurs to hire workers other than family members

30.08.2010 -		Economy Ministry working on bill on public-private partnership