Russia: Medvedev approves of development of competition plan

Russian Prime Minister Dmitry Medvedev has approved of a proposal to develop a national competition development plan, and the Federal Antimonopoly Service will report to the government on its first steps in two months, the service’s Director Igor Artemyev reported

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Kazakhstan: over 21 million tons grains harvested

According to regional agricultural departments, as of September 28, Kazakh agrarians harvested grains throughout 14.24 million ha, or 92.7% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared

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Kazakhstan: nearly 1.8 million tons of flour per year exported

During three recent seasons, the export volumes of flour from Kazakhstan stabilized at nearly 1.8 million tons. Uzbekistan, Tajikistan, Kyrgyzstan and Afghanistan became the main countries-importers of Kazakh flour, the Director of the Grain Processors and Bakers Union of Kazakhstan Evgeny Gan declared

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Russia to harvest nearly 115 million tons of grains in clean weight

In the current year, the general grain harvest in Russia will reach nearly 115 million tons in clean weight, the President of the Russian Grain Union Arkady Zlochevsky declared

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Ukraine: sunflower meal export market diversified in 2015-2016

In August Ukraine exported 85 KMT of sunflower meal against 256 KMT in July 2016 and 102 KMT in August 2015. Thus, total volume exported in 2015/2016 MY (September-August) equals 3655

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Russia: Gazprom receives permits for survey on 2 threads of Turkish Stream

Russian gas giant Gazprom has received permits for survey works on two deep-sea threads of the Turkish Stream natural gas pipeline in Turkey’s territorial waters through diplomatic channels, the company said in a statement

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Azerbaijan: foreign financial institutions interested in cooperation with IBA

Participation of the International Bank of Azerbaijan (IBA) in the annual banking and financial conference and exhibition Sibos in Geneva aroused interest of the visitors

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Ukraine: $77 million worth of fish and seafood imported from Norway in January-August 2016

In January-August fish and seafood products worth $77 million were imported from Norway to Ukraine, which makes 78% of total imports from Norway

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Kazakhstan has sufficient grain volumes for consumption and exports

During several recent seasons, Kazakhstan demonstrated significant differences in the grain harvest volumes per year. However, even in bad harvest years grain production volumes were enough to completely meet the country’s domestic and export requirements, the Director of the Grain Processors and Bakers Union of Kazakhstan Evgeny Gan declared

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Russia: Econ ministry sees freezing of pensions bad sign

The prolongation of a freeze of the accumulative part of Russian pension savings into 2017 will mean abolishment of this system, which is a bad sign for the market and citizens, and the Economic Development Ministry offers a partial unfreeze of the pensions, Deputy Minister Oleg Fomichyov announced

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Russia: FESCO and Rusagro to arrange special-purpose site to handle agricultural products

FESCO Transportation Group and Rusagro Group have signed an Agreement of intent to arrange a special-purpose technology based on the Vladivostok Commercial Sea Port (part of FESCO Group) infrastructure to handle export agricultural products, FESCO says in a press release

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Bulgaria ready to export wide range of products to Azerbaijan

Bulgaria is interested in exporting a wide range of products to Azerbaijan, Bojidar Loukarsky, Bulgarian minister of economy, said. He added that the issue was pharmaceutical products and medical equipment, clothing, food and other agricultural products, building constructions, as well as the construction of mini-plants for vegetable and fruit processing, etc

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Azerbaijan: Bulgaria prevents investing in occupied territories

Azerbaijan appreciates Bulgaria’s constructive stance regarding prevention of any unlawful acts, including attraction of the Bulgarian capital and resources to Azerbaijan’s occupied territories, the country’s Minister of Transport Ziya Mammadov said

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Bulgaria interested in supplying Azerbaijani gas to Europe

Bulgaria confirms great interest in the implementation of the Southern Gas Corridor project, designed to transport Azerbaijani gas to Europe, Zhecho Stankov, Bulgarian deputy energy minister, said

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Azerbaijan: biggest Chinese petchem company to start operating

China’s petrochemical company Xinjiang Beiken Energy Engineering Stock Co., Ltd has opened its office in Azerbaijan. The company registered its office through the “single window” system of the Ministry of Taxes

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Belarus: winter grains planted throughout 1.1 million ha

As of September 29, agricultural organizations of Belarus planted winter grain crops throughout 1.12 million ha, or 83.4% of the plan, the Ministry of Agriculture and Food declared

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Azerbaijan: reinsurance company to increase capital

Azerbaijan’s sole reinsurance company AzRe Reinsurance OJSC plans to increase its authorized capital by 25%, to 50 million manats (AZN), the message of Azerbaijan’s Financial Market Supervisory Body said

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Azerbaijan: owing no one, depending on no one

Azerbaijan enjoys great reputation around the world, President Ilham Aliyev said, addressing the opening ceremony of the 5th Baku International Humanitarian Forum

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Belarus: agreement on promotion of Chinese investments to be signed in Beijing

Belarus plans to sign an agreement with the Export-Import Bank of China to promote Chinese direct investments to the tune of about $5 billion, Belarus’ Economy Minister Vladimir Zinovsky reported

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Ukraine and Turkey to expand cooperation in agricultural sector

Turkey is interested in agrarian products and research institutions in the agricultural sector. This has been said by the Deputy Minister of Agrarian Policy and Food on European Integration Olha Trofimtseva after the third meeting of the Ukrainian-Turkish working group on agriculture

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Ukraine: Ukrzaliznytsia testing GE diesel locomotive

Public joint-stock company Ukrzaliznytsia is testing TE33€ freight diesel locomotive made by General Electric Corporation (the United States)

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Russia: Uralkali announces EGM decisions

On September 27, Uralkali held its extraordinary general meeting of shareholders (EGM) in the town of Berezniki (Perm Territory). Uralkali’s EGM elected the new board of directors, including Sergey Chemezov, Dmitry Konyaev, Dmitry Lobyak, Luc Maene, Sir Robert Margetts, Dmitry Mazepin, Dmitry Osipov, Paul Ostling and Dimitry Tatyanin

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Ukraine: more than 50% of sunflower harvested

Ukrainian farmers continue to harvest sunflower. As of September 26, 3160.6 thousand ha had been threshed, or 53% of the planned area (5916.2 thousand ha), down by 2% YoY (3227 thousand ha)

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Ukraine falls to 85th position in Global Competitiveness Index

Ukraine, that lost three places in the Global Competitiveness Index (GCI) published by the World Economic Forum a year ago, has fallen six places more and was 85th among 138 countries

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Ukraine: winter crops sowing pace down

As of September 26, winter crops had been sown at 2158 thousand ha, or 29% of the forecast area (7374 thousand ha). This included 2024 thousand ha of winter wheat and triticale (33% from the planned 6198 thousand ha), 79 thousand ha of rye (54% of 147 thousand ha), 55 thousand ha of barley (5% of 1028 thousand ha)

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Ukraine: wheat exports going up

In August Ukraine exported 2851.2 KMT of wheat, up by 50% YoY (1892.8 KMT). Over the first two months of the current season Ukrainian exporters shipped 34% more wheat than over the same period of last season (3575

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Ukraine: farmers note improvement in business climate

The results of a survey of agrarians of Ukraine conducted by the Ukrainian Agribusiness Club (UCAB), showed a significant improvement relative to August 2015 of the business climate in Ukraine agriculture, the press service of the UCAB reports

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Greece: TAP adds over 30 km of pipes

The construction of the Trans Adriatic Pipeline (TAP), which is aimed at transporting Azerbaijani gas to Europe, is underway. TAP tweeted on September 28, that over 30 kilometers of steel pipes had already been strung along TAP’s route in Greece and Albania

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Ukraine: SPF to sell President Hotel, ZTMK and Azovmash

Ukraine’s State Property Fund (SPF) seeks to sell private joint-stock company President Hotel, 51% of shares in Zaporozhye Titanium and Magnesium Works and 50% in public joint-stock company Azovmash

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Azerbaijan: SOCAR extends term of tender on DESFA deal

Azerbaijan’s state oil company SOCAR has extended the term of a letter of guarantee on the tender to buy a 66% stake in the Greek national gas transmission system operator DESFA until October 31, SOCAR said in a message

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Azerbaijan: SOCAR commissions new well in Caspian Sea

Azerbaijan’s state oil company SOCAR will additionally produce more than 6,200 tons of oil per year thanks to the commissioning of a new horizontal well at the Western Absheron field in the Caspian Sea, SOCAR said in a message

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Russia: import of fruit and vegetables from Egypt ban lifted

Russia lifts ban on importation of fruit and vegetables from Egypt, except potatoes, from October 1, Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznadzor) reported

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Russia has good moisture for wheat

Russia is seeing good moisture levels for winter crop sowings said Andrey Sizov Jr of the influential Moscow-based analysis group SovEcon. This week the European Commission flagged “concern” about dry weather in parts of Russia, which could harm winter wheat prospects

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Russia: export duties on wheat officially zeroed down

The government of Russia has officially made public the decision to zero down the export duties on wheat. The web-site of the government posted the corresponding resolution #966 dated September 26

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Russia: zero export duties on wheat not to decrease the budget income

The current zero rates of export duties on Russian wheat will not reduce federal budget income, the Deputy Minister of Finance Ilya Trunin declared

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Russia: S7 Group to buy Sea Launch maritime platform

Russian airline S7 Group, which comprises of Siberia Airlines and Globus, has signed a deal with Sea Launch group of companies to buy facilities of the Sea Launch spacecraft launch service, including the maritime platform Odyssey

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Russia: EuroChem agrees on $1 billion perpetual loan with owners

Russian fertilizer producer EuroChem has agreed with its shareholders on a $1 billion perpetual loan with a possible expansion to $1.5 billion to balance its covenant debt, a representative of the company reported

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Iran: no offer on oil freeze deal exception received

Iran has not received any offers to be excepted from an oil production freeze deal from OPEC, Iranian Oil Minister Bijan Zangeneh reported. On Tuesday, a high-ranking source in the Algerian delegation to the International Energy Forum said that Saudi Arabia was ready to cut its oil production to January levels if Iran froze its oil output at 3

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Kazakhstan: wheat exports up

In July Kazakhstan exported 206.66 KMT of wheat. In just eleven months of 2015/2016 Kazakhstan exported 12.5% more wheat than over the same period of the previous season (3457 KMT against 3070 KMT during July-September 2014/2015 MY)

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Azerbaijan: Indian company opens office

The office of the Indian trading company ‘Global Trading’ was registered in Azerbaijan. The legal representative of the new company is Namig Veysalov

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Russia: in October 2016 grain exports to drop

In October Russia will reduce the export volumes of grains to 3.7-3.8 million tons, as opposed to nearly 4 million tons expected in September and 3

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Ukraine: IMF unhappy with pace of economy restoration

The restoration pace of the Ukrainian economy is predictable and insufficient, IMF Resident Representative Jerome Vacher has said. The economy has achieved macroeconomic stabilization, the IMF sees a gradual improvement of the economy – an increase of 1

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Belarus: EBRD to help pre-privatize five enterprises

The European Bank for Reconstruction and Development (EBRD) has received an application from the Belarusian government with a request to provide pre-privatization services for five prominent enterprises, Francis Delaey, the EBRD’s Head of Office in Belarus, reported

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Belarus: EU to double support of projects

The European Union (EU) has announced the doubling of the bilateral assistance package in support to private sector development and strengthening institutions in Belarus from 14

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Belarus: winter grains sowing as of mid-September 2016

Dry weather during the second half of September triggered further decline in soil moisture stocks. Almost across all the territory of Gomel, in most areas of Brest, in the south-east of Mogilev region topsoil was almost completely withered that was unfavorable for winter crops sowing and sprouts emergence

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Belarus: gas output up in January-August 2016

Belarus increased gas output by 0.1% YoY in January-August to 145.3 million cubic meters, the National Statistical Committee said in a report

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Belarus and Germany explore opportunities for investment cooperation

Belarus and Germany explored opportunities for investment cooperation during the Day of Belarusian Economy at the Hamburg Chamber of Commerce on September 27, the press service of the Belarusian Ministry of Foreign Affairs reported

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Azerbaijan leader among CIS countries for competitiveness

Azerbaijan took the 37th place in the Global Competitiveness Report 2016-2017, prepared by the World Economic Forum. The research covered 138 countries

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Azerbaijan to get first French locomotives in 2017

Azerbaijan will receive the first AZ8A freight electric locomotives in summer 2017, Bernard Peille, managing director of the French company Alstom’s South CIS Cluster, reported

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Ukraine: Agroprodservice increases soybean crushing capacities

On September 15, Agroprodservice launched a new soybean crushing plant, which it had been building since March. Crushing capacity is 40 KMT soybeans a year

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Ukraine: soybean complex conquers new markets

In the 2015/2016 season Ukrainian farmers obtained all-time high soybean crop – 3927 KMT. Firstly, this result was achieved owing to acreage expansion to record 2200 thousand ha

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Ukraine not to sow winter grains in the optimal terms

Precipitations have been observed in the Southern and Eastern parts of Ukraine since September 20. Abundant rains were seen in Odessa region and in the western regions

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Ukraine competing with Russia on sugar market

According to forecasts of Russian experts, in 2016/2017 will be the first time that Russia can have excess in sugar stocks and likely will lead to sharp export increase

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Ukraine: nearly 42 million tons of grains harvested

As of September 26, Ukrainian agrarians harvested 41.955 million tons of grains throughout the areas of 10.603 million ha, or 74% of the plan

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Ukraine: oilseeds supply and demand balance in September 2016

UkrAgroConsult indicates the following tendencies: – during 3 months of the season Ukraine shipped abroad over 57% of total rapeseed export capacity; – Ukrainian rapeseed stocks will be enough for only 1-2 months of trade; – soybean productivity is significantly higher than last year; – sunflower seed export forecast for 2016/2017 was raised; – sunflower seed crushing will set a new record

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Azerbaijan: SOCAR to diversify portfolio by issuing bonds

Issuing of bonds of Azerbaijan’s state oil company SOCAR within the country will make it possible to diversify the company’s portfolio, SOCAR vice-president for economic issues Suleyman Gasimov said

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Azerbaijan: SOCAR commissions new well at Oil Rocks field

Azerbaijan’s state oil company SOCAR will produce over 5,800 tons of oil annually through commissioning a new well at the offshore Oil Rocks field, SOCAR said in a message

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Azerbaijan: Silk Way and Russian Helicopters to create service center

Silk Way Helicopter Services (SWHS MMC) commercial helicopter company and Russian helicopter holding Russian Helicopters signed a letter of intent within the ADEX 2016 International Defense Exhibition on September 27

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Europe: wheat sowings threatened by dry weather

The hot dry summer in the Black Sea region is stirring concerns for the next winter wheat crop, as the European Commission warns on Russian prospects after a hot dry summer

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Russia: wheat exports disappoint as low prices slow farmer sales

Russian wheat exports haven’t lived up to expectations so far this season as falling prices made some growers reluctant to sell grain to traders amid a halt in purchases by Egypt, the world’s largest buyer

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Russia to lift ban on fruits and vegetables supplies from Egypt

Russia will lift the ban on deliveries of all fruits and vegetables from Egypt except for potato, Russian veterinary and phytosanitary watchdog Rosselkhoznadzor said

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Russia not to take part in informal meeting in Algeria

Russia will not take part in an informal OPEC meeting in Algeria on Wednesday, Secretary General Mohammad Barkindo reported. “No, this is a consultative meeting of OPEC”, he said

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Russia: wheat exports up in August 2016

According to preliminary data, in August Russia exported 3217.7 KMT of wheat, up by 7.7% YoY. Over two months of season 2016/2017 wheat exports from Russia increased by more than 10%, to 4771

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Russia: over 109 million tons of grains harvested

As of September 26, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 41

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Russia: grain harvest forecast lowered

In the current year, the general grain harvest in Russia will not exceed 113 million tons in clean weight, the Director of the Department of plant growing, chemicalization and plant protection at the Ministry of Agriculture Petr Chekmarev announced

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Russia: Rostelecom asking for benefits in intercity services

Russian state-controlled telecom operator Rostelecom has asked the government to apply the interconnection tariff reform not only to local and zonal calls, but also to intercity traffic, which will bring the operator preferences

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Russia: July-September 2016 GDP close to zero

The growth of Russia’s gross domestic product (GDP) excluding seasonality was close to zero in July-September, while in annual terms GDP contracted by 0

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Russia: 64 thousand tons of grains purchased to the intervention fund

On September 27, National Mercantile Exchange CJSC (NAMEX) held the regular stock exchange trading within frames of public grain purchasing interventions in the regional trading platforms of Russia, and purchased 63

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Belarus: Mogilevliftmash investments in production development up in January-August 2016

OAO Mogilevliftmash elevator plant says it has invested Br6.3 million ($3.234 million) in production development in January-August, up by 7.9% YoY

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Ukraine: KTD Group to open refrigerator plant in Cherkasy

KTD Group, which imports and produces household appliances (Saturn, Kupava trademarks), seeks to open a new refrigerator plant in the first half of 2017 in Cherkasy, the press service of the Cherkasy Regional Administration reported

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Belarus: Ireland implementing alternative energy projects

Ireland is implementing alternative energy sources construction projects in Belarus, Belarusian Minister of Foreign Affairs Vladimir Makei said

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Azerbaijan: IBA to be privatized

The ultimate goal of recovering the International Bank of Azerbaijan is to reduce its assets and liabilities and the bank’s privatization should be the next step, Azerbaijan’s Finance Minister Samir Sharifov said

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Ukraine: flour exports geography significantly expanded in 2015-2016

During several recent seasons, the supplies to North Korea provided the major share of the growth of Ukrainian flour exports, but in 2015/2016 MY the geography of foreign markets for the product markets significantly expanded, the Adviser to the Chairman at Agrarian Fund PJSC Sergei Sakirkin declared

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Russia: Gazprom seeks 33% share on European gas market in 2016

Gazprom Export, the export arm of Russian gas giant Gazprom, plans to raise its share on the European gas market by 2-5% to 33% in 2016, Bloomberg reported citing the company’s representative Valery Nemov

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Russia: corn exports to hit record

Corn harvesting in Russia is gaining pace. This grain harvest has been gathered from about 20% of the intended area, but it is already clear now that Russian corn production will be record high

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Belarus: BelAZ launches $17.8 million facility

On September 23, BelAZ heavy-duty truck manufacturer launched its newly-built trimming and acceptance shop supplied by Italy’s IMEL S.p

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Belarus: Belaruskali potash fertilizer output down in January-August 2016

The state-owned OAO Belaruskali produced 3.799 million tons of potash fertilizers (in terms of 100% potassium chloride) in January-August, down by 17

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Belarus reports drop in potash exports proceeds in January-July 2016

Belarus’ proceeds from potash exports fell by 38.9% YoY in January-July to $1.057 billion, Belarus’ National Statistics Committee (Belstat) said in an official report

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Belarus: oil export proceeds down in January-July 2016

Belarus’ proceeds from oil product exports reduced by 36.1% YoY in January-July to $2.766 billion, a government source reported. In physical terms, Belarus’ oil product exports reduced by 4

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Belarus: farm output down in January-August 2016

Belarus’ farm output grew by 2.2% YoY in January-August to 8.4 billion Belarusian rubles ($4.347 billion at the official exchange rate), a source in the National Statistics Committee (Belstat) reported

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Azerbaijan: AZPROMO joins Silk Road Chamber of International Commerce

The Azerbaijan Export and Investments Promotion Foundation (AZPROMO) has become a member of the Silk Road Chamber of International Commerce, AZPROMO said in a message

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Ukraine: critical grain export volumes agreed for 2016/2017 MY

The Ministry of Agrarian Policy and Food of Ukraine has agreed with grain exporters on the annex to the Memorandum of understanding for 2016/2017 MY

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Ukraine: grey flour market at nearly 1.3 million tons

There is a grey market of flour In Ukraine. If there are nearly 100 kg of flour per year per capita, which is close to the standard, then Ukraine should produce nearly 3

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Russia to remain a sleeping giant of global beef trade for some time

Squeezed consumer budgets are encouraging a marked shift in the Russian protein market, as beef consumption falls to record lows, while pork gains ever stronger market share, US officials said

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Russia: Aeroflot passenger traffic up in January-August 2016

Aeroflot PJSC announced traffic statistics for Aeroflot Group (“the group”) and Aeroflot – Russian Airlines (“the company”) for August and the first eight months of 2016

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Ukraine: groat exports down

During five recent years, Ukraine reduced the exports of groats by nearly 15% per year in terms of fierce competition between the Russian Federation, Belarus and Kazakhstan, the Director of the Association “Millers of Ukraine”, Head of Business Projects Division of APK-Inform Agency Rodion Rybchinskiy declared

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Ukraine: autumn weather regime entered

Second half of September was moderately warm with air temperature close to norm. Cyclone system, which arrived to Ukraine at the beginning of last week, went through all the territory of Ukraine and changed summer regime into autumn

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Ukraine: rains replenish soil moisture stocks

Early in September intensive rains were observed all over the Ukrainian territory. In the Kherson region abundant rains were seen with lightning in some places

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Ukraine: sunseed stocks down in September 2016

According to State statistics data, stocks of sunseed in Ukraine as of September 1, were 707.6 KMT, down by 2.2% YoY (723.4 KMT). Agro companies had 504

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Russia: Southeast Asian countries interested in drones

Southeast Asian countries are interested in Russia’s unmanned aerial vehicles (UAV), Deputy Director of Russia’s state arms exporter Rosoboronexport Sergey Goreslavsky said

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Turkmenistan: infrastructure for gas supply to West being prepared

Construction of a gas compressor station in Mary province of Turkmenistan has started, the message of the “Oil and Gas Complex” of Turkmenistan said

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Turkmenistan joins Paris agreement

Turkmen Foreign Minister Rashid Meredov signed the Paris agreement on the sidelines of the General Assembly at the UN headquarters in New York

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Turkmenistan: textile export to go up

The large-scale work is carried out in Turkmenistan to fully reveal the country’s economic potential and increase the textile export, Turkmen President Gurbanguly Berdimuhamedov said at a government meeting

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Azerbaijan: SOFAZ transfers to state budget to be cut

Transfers from the State Oil Fund of Azerbaijan (SOFAZ) to the state budget will be reduced by 1.5 billion manats in 2017, Samir Sharifov, Azerbaijani finance minister, reported

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Russia: wheat prices up after Egypt drops ergot ban policy

Russian wheat export prices rose last week for the first time since mid-August, buoyed by demand from Egypt after it dropped its policy of not importing wheat containing the ergot fungus

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Russia: oil market to reach balance in 2017

Oil market supply and demand can come into balance already in the second half of 2017 with market methods even if no agreements on the market stabilization are reached at the upcoming meeting in Algeria, Russian Energy Minister Alexander Novak reported

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Russia: Knights aerobatic team reportedly receives first Su-30SM fighter jet

The Russian Knights aerobatic team based in Kubinka near Moscow has started receiving the first Sukhoi Su-30SM (NATO reporting name: Flanker-C) multipurpose fighter jets, some Russian Internet sources recently said

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Russia: Telenor exit makes VimpelCom Ltd fitter

Russian billionaire Mikhail Fridman, a co-owner of VimpelCom Ltd., is happy that Norway’s Telenor has begun selling its stake in the wireless carrier, because competition between the two companies in some markets created an “abnormal” situation on the board

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Russia: Aircraft Corporation in talks with several countries on MIG-35 jets supplies

According to a spokeswoman for the company, Russian Aircraft Corporation MiG is currently holding talks with several potential buyers of the MiG-35 jet fighters

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Russia: antitrust seeking flexible excise duties on fuel

Russia’s Federal Antimonopoly Service has proposed to introduce a system of flexible excise duties on fuel, which can be revised every month, to stabilize a tax policy in the energy sector, the service’s Deputy Director Anatoly Golomolzin said

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Russia: nearly 8 million tons of grains exported

Since the beginning of 2016/2017 MY and as of September 21, the volume of grain exports from Russia totaled 7.83 million tons, down by 9% YoY (8

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Russia: first construction stage of vegoil extracting plant completed in Bashkiria

In Bashkiria the new vegoil extracting plant is being built with crushing capacity of 1.2 KMT of sunseed per day. Currently the first construction stage has been completed with vegoil press section having the capacity of 350 tons of raw material

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Russia: NCSP Group grain exports down in January-August 2016

In January-August the volume of grain shipment for exports by enterprises of PJSC Novorossiysk Commercial Sea Port (NCSP Group) totaled 3.54 million tons, down by 10

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Russia: Rosneft asking government to revise Transneft tariffs

Russian oil major Rosneft has suggested the government to revise the principle of investment component in tariffs of oil pipeline monopoly Transneft, according to the letter by Rosneft CEO Igor Sechin

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Belarus: Oman ready to invest in agricultural sector

Oman is ready to invest in the agricultural sector of Belarus, Sergei Rachkov, Ambassador Extraordinary and Plenipotentiary of Belarus to Egypt with concurrent accreditation to Oman, Algeria and Sudan, said

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Russia: lifting of food embargo not to drop agricultural market

The Russian agriculture should not be afraid if the food products’ embargo is lifted for the countries, which had imposed sanctions against Russia, as the Russian products are quite competitive, Russia’s minister of agriculture Alexander Tkachev said

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Russia: grain exports from seaports up in late September 2016

On September 19-25, the export volumes of grains from the Russian seaports reached 747.4 thousand tons, against 229.4 thousand tons shipped on the previous week

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Russia to harvest 115 million tons of grains in 2016

The Ministry of Agriculture of Russia estimated the general grain harvest in the country in the current year at the level of 110-115 million tons, the minister Alexander Tkachev said

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Russia: Gazprom to expand LNG output in Far East for exports

Russian gas giant Gazprom plans to build a new platform for liquefied natural gas (LNG) production at its Sakhalin-2 project to boost gas exports to Japan, according to Gazprom Deputy CEO Alexander Medvedev

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Turkmenistan: cotton crop harvest as of September 2016

Some 451,370 tons of raw cotton were supped to collection points in Turkmenistan, the Turkmen government said. The cotton-picking campaign, which lasts from August to October, has been recently discussed at the governmental meeting

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Russia: 60 tons of vodka with fake excise stamps seized in Far East

Police in the Russian Far Eastern city of Chita have seized nearly 58 tons of vodka with forged excise stamps worth over 22 million rubles, the press service of the Interior Ministry department in the Zabaikalsky Krai said

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Russia: Irkutsk airport services 1.24 million flights in January-August 2016

As of the end of the high season of 2016, International Airport Irkutsk provided services to 1.24 million passengers. According to the company’s press service, the passenger flow during the holidays reached ca

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Ukraine: seaports grain exports up in late September 2016

On September 19-25, Ukraine exported 648.4 thousand tons of grains from the seaports, against 596.1 thousand tons on the previous week. In particular, wheat shipments reached 579

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Ukraine: budget-2017 provides funds to support buckwheat and rye growing

According to the draft State Budget of Ukraine for 2017, the Government will provide some funds to support the buckwheat and rye markets to stimulate production rates of the reporting grains in Ukraine, the Director of the food products department at the Ministry of Agrarian Policy and Food of Ukraine Mykola Moroz declared

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Ukraine: World Bank confirms GDP annual forecast

The World Bank forecasts that Ukraine’s GDP will be 1% by the end of 2016 and 2% by the end of 2017, World Bank Economist for Ukraine Anastasia Golovach has stated

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Russia: VimpelCom Ltd chooses buyer for towers

Amsterdam-based VimpelCom Ltd. has allegedly agreed to sell its tower bases in Russia to local company Russian Towers, winner of the tender, and the deal’s future will be settled at a meeting of VimpelCom Ltd

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Azerbaijan: SOCAR to issue bonds in national currency

Azerbaijan’s state oil company SOCAR doesn’t exclude the possibility of issuing bonds in the country’s national currency – manat – in the future, SOCAR President Rovnag Abdullayev reported

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Azerbaijan: SOCAR commissions waste oil-recycling center in Baku

Azerbaijani state oil company SOCAR has commissioned a modern center for drilling waste management in Garadagh district of Baku. SOCAR President Rovnag Abdullayev, BP Regional President for Azerbaijan, Georgia and Turkey Gordon Birrell and representatives of SOCAR management took part in the opening ceremony

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Azerbaijan: Silk Way West Airlines launches direct flights to Chicago

Silk Way West Airlines opened direct cargo flights between Baku and the largest transportation hub in the United States – Chicago (Illinois)

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Russia: retailers like first results of iPhone 7 and 7 Plus sales

Russian retailers and mobile operators are satisfied with the start of sales of Apple’s new iPhone 7 and 7 Plus on September 23, and demand is twice as much as it was a year ago for the previous model, spokespeople for sellers reported

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Russia: official sees chances for oil output freeze deal in Algeria

There is a chance that oil producing countries will reach an oil output freeze agreement in Algeria, Deputy Prime Minister Arkady Dvorkovich said

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Russia: grain prices down in late September 2016

Last week Russian wheat decreased in price on the export market. 12.5% milling wheat price lost in average $2/MT. Prices were pressured by CBOT tendency as well as by continuing wheat ergot story with Egypt

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Russia: oil price to fall in few years

The oil price can fall to $30 per barrel over the next few years and can decrease further over a 20-year period, Alexei Kudrin, former finance minister and current head of the Center for Strategic Research, said

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Russia to launch new system of voluntary pension savings in 2018

Russia’s Finance Ministry and the Central Bank plan to present a draft of a new system of voluntary pension savings in the near future and the system may be launched from 2018, Minister Anton Siluanov said

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Russia: over 107 million tons of grains harvested

As of September 22, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 40

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Russia: appeal over WTO arbiters’ pork case decision filed

Russia has filed an appeal against a decision of the World Trade Organization’s (WTO) arbiter panel on a suit by the E.U. against Russia’s prohibition of pork imports from the union, the Economic Development Ministry said

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Russia: Sistema selling 1.27% in MTS in ADRs for $100.4 million

Russian multi-industry holding Sistema has sold a 1.27% stake in MTS in the form of American depositary receipts (ADRs) for $100.4 million, and its total interest in the mobile operator decreased to 50

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Russia: PPF Group and Staroak to sell 6% in Polymetal

Czech Republic’s PPF Group NV and Staroak Limited plan to sell up to 26 million common shares, or 6% in the charter capital of the Russian precious metals producer Polymetal International via accelerated book building, Morgan Stanley, one of the possible organizers of the deal, said in a statement

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Russia: export duties on wheat zeroed down

On September 23, Russia zeroed down the export duties on wheat, the Minister of Agriculture of Russia Alexander Tkachev declared. According to the forecast of Tkachev, in the current year the grain exports will reach 35-40 million tons

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Russia: Moscow’s GUM sees hundreds of willing to buy new iPhone 7

Several hundreds of people have lined in front of Moscow’s high-street store GUM for Apple’s new iPhone 7 and 7 Plus, whose official sales in Russia debuted on September 23

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Kazakhstan: Kashagan oil to be transported via Azerbaijan in 2017

Kazakhstan may start Kashagan oil export through Azerbaijan in 2017. “Next year if market conditions change, we may start Kashagan oil transshipment through Azerbaijan”, Kazakh Energy Minister Kanat Bozumbayev said

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Ukraine: flour output down in January-August 2016

In January-August Ukrainian flour milling enterprises produced 1.212 million tons of flour, down by 5.9% YoY, the State Statistics Service of Ukraine declared

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Ukraine: flour exports to go up in 2016-2017

In 2016/2017 MY the share of domestic consumption of flour in Ukraine will decrease to 87% of its general production, against the average index of 91% during five recent years

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Belarus: IFRS introduction to improve investment climate

The introduction of the international financial reporting standards (IFRS) in Belarus will help improve the investment climate. Belarusian Finance Minister Vladimir Amarin made the statement in an interview published in the September edition of the Ministry’s magazine Finance

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Egypt: Russian wheat purchased

On September 22, Egypt purchased 240 KMT of milling wheat from Russia with shipment on October 21-31, at the average price of $187.03/MT C&F

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Belarus: cost of credits higher than profit margin of machine builders

The cost of credits at Belarusian banks is higher than the profit margin of the country’s mechanical engineering companies, Belarusian First Deputy Industry Minister Gennady Svidersky said

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Russia: Central banker says internal risks key for economy

Internal risks are the key for the Russian economy, but foreign risks exist as well, the Central Bank’s Chairwoman Elvira Nabiullina said

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Belarus: tender to identify alcohol importers in 2017 opened

Belarus has announced an open tender to identify importers of alcoholic beverages in 2017, the commission responsible for holding the tender said in a statement

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Belarus to launch BelGee car factory in H1 2017

The Belarus-China car assembly company BelGee JV (based in Borisov, Minsk region) plans to launch its own car factory in the first half of 2017, Belarusian First Deputy Industry Minister Gennady Svidersky reported

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Belarus: Grodno Azot reports decrease in nitrogen fertilizer exports in January-July 2016

Belarus’ chemical company OAO Grodno Azot says its nitrogen fertilizer exports reduced by 22.8% YoY in January-July to 151,300 tons (in terms of 100% nitrogen), a source in the profile ministry reported

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Belarus: oil export proceeds down in January-July 2016

Belarus’ proceeds from exports of domestic crude oil reduced by 32.3% YoY in January-July to $253.704 million, Belarus’ National Statistical Committee (Belstat) said in an official report

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Belarus: sugar export proceeds down in January-July 2016

Belarus’ sugar export proceeds reduced by 14.2% YoY in January-July to $117.422 million, Belarus’ National Statistical Committee (Belstat) said in a report

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Azerbaijan to showcase first hybrid engine UAV

Azerbaijani company AZDynamics will introduce the first hybrid engine unmanned aerial vehicle (UAV) with increased duration of autonomous flight

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Belarus: ARVIBelAgro to launch turkey meat facility in November 2016

ARVIBelAgro LTD joint venture (Lida, Grodno region) plans to launch a turkey meat facility in November, a company official reported. By November the company plans to have commissioned 15 poultry houses and launched a slaughterhouse

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Ukraine: market of grain raw materials under pressure of the global market

Constant increasing of the global production and stocks of grains is one of the major factors forming the situation on the raw materials market of grains in Ukraine in 2016/2017 MY, the grain market analyst at APK-Inform Agency Andrei Kupchenko declared

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Ukraine: Ministry of Agrarian Policy supports cancellation of the price controls for grain by-products

The Ministry of Agrarian Policy and Food of Ukraine supports cancellation of price controls for food products, including grain by-products, the Director of the food products department at the Ministry of Agrarian Policy and Food Mykola Moroz declared

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Ukraine: grain and sunflower stocks down in September 2016

As of September 1, agricultural enterprises (excluding small-scale ones) and grain storage and processing enterprises of Ukraine, stocked 24

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Ukraine: real GDP up in Q2 2016

Ukraine’s real gross domestic product (GDP) in the second quarter of 2016 increased by 1.4% YoY. This information has been posted on the website of the National Bank of Ukraine (NBU) with a reference to the State Statistics Service

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Russia: Aeroflot to sell Rossiya Airlines

Russian national flag carrier Aeroflot may sell its largest affiliate Rossiya Airlines. Aeroflot owns 75% minus one share in the affiliate, while the rest is owned by the government of St

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Russia wants all public Wi-Fi users identified

The Russian communications service has suggested implementing special software for subscriber devices to identify users of Wi-Fi networks of Internet access and insists on administrative responsibility for individuals-owners of such networks

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Russia: Railways want cargo tariff to rise in 2017

Russian Railways has proposed raising its transportation tariff for all types of cargo by 6.8% in 2017 or to differentiate between tariff increases depending on types of cargo

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Russia: additional issue of Eurobonds for $1.25 billion placed

The second stage of Russia’s bond issuance has been planned and is not replacing privatization, Economic Development Minister Aleksey Ulyukayev said

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Russia losing ground in Saudi Arabia

Barley harvesting in Russia entered the final straight. More than 18.2 MMT of barley were collected from about 93% of acreage, which already exceeds last year’s harvest

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Russia: oilseeds market behavior in mid-September 2016

Last week slight increase in average new crop sunflower seed prices was observed in Russian Federation due to limited supply. Harvesting has already started and farmers work mostly “for stocks”

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Russia: Aeroflot says sale of Rossiya Airlines not on agenda

Russian national flag carrier Aeroflot is not considering the possibility of selling its stake in affiliate Rossiya Airlines, a representative of Aeroflot reported

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Ukraine: Nibulon terminal handles first million tons of grain

Nibulon’s transshipment terminal in Kherson region has officially handled 1 million tons of grain and oilseeds. The terminal began operation in 2012

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Moldova: weather and crops development in mid-September 2016

On September 12-18, hot weather retained all over Moldova with lack of rains. Average air temperatures during the week reached +19-22.4 C, which was higher than the norm by 5-6 C

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Belarus: Minsk Airport reports rise in passenger traffic in August 2016

The passenger traffic at Minsk Airport grew by 10.7% YoY in August to 422,600 people, the airport authorities said in a release. In August Minsk Airport provided service support to 2,270 flights

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Ukraine: Malaysian palm oil dominates imports

In August Ukraine imported 16 KMT of palm oil against 12.3 KMT in July 2016 and 12.8 KMT in August 2015. Total volume imported in 2015/2016 (September-August) was 24% higher than over the last season

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Belarus: Kommunarka pays increasing attention to Chinese market

The Belarusian confectionery factory Kommunarka pays increasing attention to the Chinese market, Kommunarka Director General Ivan Danchenko said

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Kazakhstan: nearly 17 million tons of grains harvested

According to regional agricultural departments, as of September 21, Kazakh agrarians harvested grains throughout 11.357 million ha, or 73.9% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared

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Kazakhstan: sturgeon fishing banned

Kazakh Deputy Prime Minister and Agriculture Minister Askar Myrzakhmetov banned sturgeon fishing in all the regions of the country, Agriculture Ministry said

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Kazakhstan: grain harvesting campaign as of mid-September 2016

According to official data, as of September 19, grain crops had been threshed from 10526.3 thousand ha, which was 68.5% of the plan. 15719.3 KMT was harvested with the average yield of 1

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Belarus: industrial cooperation viewed as promising line interaction with Tajikistan

Belarus’ Agriculture and Food Minister Leonid Zayats named industrial cooperation as a promising line in the interaction between Belarus and Tajikistan as he spoke at the conference held on September 22, to mark the 20th anniversary of the diplomatic relations between Tajikistan and Belarus

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Ukraine: India purchases 76,000 tons of wheat

Indian importers have purchased around 76,000 tons of Ukrainian-origin wheat in the past couple of weeks as India increases its wheat imports after a poor crop

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Belarus: IMF points out elevated vulnerability of economy

The International Monetary Fund (IMF) says vulnerabilities of Belarus’ economy remain elevated. The IMF made a statement to this effect in the Staff Report prepared by a staff team of the IMF for the 2016 Article IV consultation

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Russia: Gazprom to win 3 blocks in Bolivia without competition

Russian gas giant Gazprom is preparing a feasibility study for development of three licensed blocks in Bolivia and may receive operator contracts for the blocks without any competition, Gazprom CEO Alexei Miller said

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Ukraine: 4 universities make it to world’s best universities list

Four Ukrainian universities made it to the list of the latest World University Rankings, released annually by Times Higher Education. Taras Shevchenko National University of Kyiv, Lviv Polytechnic National University, National technical University of Ukraine – Kyiv Polytechnic Institute, and V

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Hungary: EC to cease probe into Paks with Russia’s assistance

The European Commission (EC) will cease investigation into Hungary’s Paks nuclear power plant project with Russia’s participation as Budapest has provided all necessary explanations regarding construction of two new nuclear reactors at the facility, Bloomberg reported citing Benedek Javor, a Hungarian deputy at the European parliament

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Belarus: call for new spheres and forms of cooperation to step up trade with Latvia

The development of direct contacts between businessmen, manufacturers and government agencies of the two countries will allow advancing Belarus-Latvia economic cooperation to a new level

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Turkmenistan: Belarusian builders of Garlyk MPF to install third tunneling machine

Belarusian builders of the Garlyk mining and processing factory in Turkmenistan are getting ready to lower the third tunneling machine into the shaft, the press service of the Council of the Republic of Belarus reported

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Belarus: winter grains planted throughout 0.8 million ha

As of September 22, agricultural organizations of Belarus planted winter grain crops throughout 805.8 thousand ha, or 59.9% of the plan, the Ministry of Agriculture and Food declared

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Ukraine: wheat exports still going up

In August Ukraine exported 2851.2 KMT of wheat, up by 50% YoY (1892.8 KMT). Over the first two months of the current season Ukrainian exporters shipped 34% more wheat than over the same period of last season (3575

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Belarus: exports of meat and dairy products up in January-July 2016

Belarus reports a quantitative increase in exports of meat and dairy products in January-July, according to Belstat. Meat export grew by 12.6% YoY to 180,200 tons, the average price was down by 16

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Belarus: truck exports up in January-July 2016

Belarus increased truck exports by 27.5% YoY in January-July to 2,258 units, Belstat said in a statistical report. In value terms, truck exports grew by 2%YoY to $311

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Ukraine: agricultural associations sign memorandum of cooperation with Brazil

The Ukrainian Agribusiness Club (UCAB) and the Brazilian Rural Society (Sociedade Rural Brasileira, SRB) have signed a memorandum of cooperation during the VII International Conference ‘Large Farm Management’

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Ukraine: selling prices of agricultural products up in January-August 2016

In January-August the average selling prices of agricultural enterprises for agricultural products increased by 7.4% YoY, the press-service of the State Statistics Service of Ukraine declared

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Ukraine: oilseed crusher number growing

Another vegoil extracting plant has been opened in Ukraine. In Lvov region on the basis of D-Mix ltd a new plant on oilseed crushing was launched

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Ukraine: 40% of sunflower harvested

Ukrainian farmers continue harvesting sunflower. As of September 19, 2362.2 thousand ha or 40% of the intended area had been threshed (5905 thousand ha), down by 8% YoY (2183 thousand ha)

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Russia: Cbank to offer regulatory sandboxes to test technologies

The Russian central bank is considering the possibility of launching the so-called regulatory sandboxes for participants of the financial market, when the regulator allows companies or banks to experiment with new technologies without being punished, Deputy Chairwoman Olga Skorobogatova said

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Russia: record high volumes of soybean meal exported in August 2016

In August exports of Russian soybean meal equaled 28.9 KMT against 34.6 KMT in the previous month. Total exports in 2015/2016 grew to another record

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Russia: Tu-95MS bombers taking part in SCO exercise in Kyrgyzstan

Two strategic missile carrying bombers Tupolev-95MS take part in the Shanghai Cooperation Organization’s anti-terrorist exercise Peace Mission-2016, currently underway in Kyrgyzstan, an assistant to the commander of Russia’s Central Military District Yaroslav Roshchupkin has said

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Russia: Rostelecom to use payphones as notification means

Public payphones in Russia could notify people in remote areas in emergency situations, and the country needs them in this state, Sergei Kalugin, president of the state-controlled telecom operator Rostelecom, reported

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Russia: throughput of Murmansk Sea Fishing Port down in January-August 2016

In January-August Murmansk Sea Fishing Port handled 202,300 tons of cargo, down by 20.6% YoY, according to the stevedoring company’s statistics

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Russia: 3 air carriers apply for international flights from Moscow’s new airport

Ikar, Vim-Avia and Nordavia air carriers have applied for operating international flights from Zhukovsky airport in the Moscow region, according to the documents released by Russia’s Federal Air Transport Agency (Rosaviatsia)

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USA: STRATCOM Commander nominee vows to end US Reliance on Russian RD-180 engines

John Hyten, the nominee to head US Strategic Command (STRATCOM), vowed in a congressional testimony to work with lawmakers to end the United States’ dependence on Russian-built RD-180 rocket engines

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Russia: Smolny training ship visits Malta during the long-range cruise

During the long-range cruise, the Smolny training ship with cadets of military naval schools of the Russian Defense Ministry has visited Malta and is now heading to Baltiysk, says press center of RF Defense Ministry

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Ukraine: fishing industry to get EUR 130 million under EIB agreement

Ukraine’s State Fish Agency expects that under a EUR 400 million agreement with the European Investment Bank (EIB) some EUR 130 million would be provided for projects in aquaculture and fishing industry

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Russia: S&P improves outlook on rating of VTB Bank to stable

International rating agency Standard & Poor’s (S&P) has improved its outlook on BB+ long-term ratings of Russia’s second largest bank VTB Bank in national and foreign currencies to stable from negative, the agency said in a statement

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Ukraine: Rosneft deactivates Lisichansk refinery

Russian oil giant Rosneft has deactivated its Lisichansk refinery in east Ukraine, Rosneft CEO Igor Sechin said. “We are deactivating this plant for the time being

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Russia: Port Pevek welcomes first vessels with materials for FNPP

Port Pevek (Chukotka Autonomous District) has accepted the first convoy of vessels delivering materials and equipment for the world’s first floating nuclear power plant (FNPP)

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Russia: Khabarovsk calls on expanding porto franco regime to Sovetskaya Gavan district

Khabarovsk Territory authorities call on expansion of porto franco regime to Sovetskaya Gavan district adjacent to Vanino district which is already within the free port limits

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Kazakhstan to harvest over 22 million tons of grain

The First Vice Minister of Agriculture Kairat Aituganov reported on the progress of harvest campaign in Kazakhstan. “Kazakhstan has already cropped more than 16 million tons of grain”, Aituganov said at the session of the Government

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Russia: 15.5 million tons of cereal crops exported in January-July 2016

In January-July Russia increased cereal crops export volumes by 31.5% YoY, to 15.566 million tons, the Federal State Statistics Service (Rosstat) reported

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Russia: new record in flaxseed exports broken in 2015-2016

According to the official statistics figures, in 2015/2016 MY (September-August) Russia exported 447.5 thousand tons of flaxseed, up by 38% YoY (323

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Russia: flight tactic exercise with naval aviation crews starts at the Baltic Fleet

Crews of the Baltic Fleet naval aviation are practicing intercepting and eliminating aerial targets, searching for submarines of the simulated enemy, and performing bombardment in naval and ground ranges in course of the flight tactic exercise

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Ukraine: Silk Road development discussed with Kazakhstan

Ukrainian Foreign Minister Pavlo Klimkin has discussed with his Kazakh counterpart Erlan Idrissov prospects for development of transport connection between the two countries, the Ukrainian foreign ministry’s press service reports

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Egypt to send delegation to Russia over wheat dispute

Egypt, the world’s biggest wheat importer, will send officials on Monday to thrash out a deal to end the standoff, which saw Moscow respond by suspending imports of Egyptian citrus fruit

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Belarus: CMG eyeing multi-modal logistic center in Bolbasovo

China Merchants Group may contribute to a major multi-modal industrial and logistic center, which is currently under construction in Bolbasovo, Vitebsk region, the regional authorities said at the official web site of Vitebsk region administration

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Belarus to issue more transit licenses for cargo companies of Azerbaijan, Georgia and Turkey

Belarus will issue more for-fee transit licenses for cargo companies of Azerbaijan, Georgia and Turkey. The Ministry of Transport of Belarus adopted a relevant resolution to increase the quota on transit licenses for cargo companies from the aforementioned states

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Russia: air defense troops and aviation of the Southern MD get 30 pieces of modern armament

In accordance with the rearmament plan of the Southern MD troops, formations and military units of the 4th Air Force and Air defense army is to receive about 80 pieces of new armament and military hardware

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Ukraine: sugar exports up in 2015/2016

The national association of sugar producers Ukrtsukor has assessed sugar exports from Ukraine for 2015/2016 agricultural year (September-August) at 113,000 tons, up by 3% YoY

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Russia: Ukrainian-made ISS docking system to be replaced

Russia’s newly-designed system of approach and docking Kurs-MKP will replace the equipment of Ukrainian manufacture installed on the ISS in two years’ time, the head of radio-technical systems of mutual measurements for the search, approach and docking of spacecraft division at the Scientific Research Institute for Precision Instruments Sergey Medvedev said

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Ukraine to expand agricultural exports to Palestine

Ukraine is ready to expand a range of agricultural products exported to Palestine and increase the volume of such deliveries, Ukrainian Agrarian Policy and Food Minister Taras Kutovyi has stated at a meeting with Palestinian Agriculture Minister Soufian Sultan, the press service of the Ukrainian Agrarian Policy and Food Ministry reports

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Ukraine: 40.5 MMT of grain harvested

As of September 19, grains and pulses had been harvested from 10329 thousand ha (72% of the intended area) compared with 10832 thousand ha as of September 21, 2015

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Ukraine to launch ferry services with Greece

The first technical expert meeting related to developing relations between Ukraine and the Hellenic Republic in the marine industry has been held in Athens, where the parties defined the specific areas of cooperation, the Ukrainian Sea Ports Authority (USPA) reports

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Ukraine: nearly 41 million tons of grains harvested

As of September 20, Ukrainian agrarians harvested 40.812 million tons of grains throughout the areas of 10.392 million ha, or 72% of the plan

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Ukraine to have another vegoil extracting plant

Agroliga – group of agricultural companies begins the construction of a new sunseed oil extracting plant with project capacity of 170 KMT of oilseeds per year

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Tajikistan: water prices to rise in capital

The State Unitary Enterprise (SUE) Dushanbevodokanal (DVK, municipal waterworks) plans to raise water prices by 20% beginning on October 1. The Antimonopoly Agency has partially complied with the DVK proposal to raise water prices for residential customers

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Kazakhstan: future of Central Asia’s water resources discussed in Almaty

Organized by the World Bank, the Central Asia Water Future Forum and Expo is being held in the Kazakh city of Almaty on September 19-22. The event has reportedly brought together over 200 policy makers and practitioners from governments of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, and Afghanistan, the international community of water practitioners, as well as regional learning institutions, universities, civil society and media representatives

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World: TAP announces new appointment

Trans Adriatic Pipeline (TAP) AG hired Ulrike Andres as its new Commercial & External Affairs Director. Andres has held a number of management roles at a senior level in the oil and gas industry and joins TAP from the Transalpine Pipeline Group – Europe’s largest pipeline company transporting crude oil from Trieste to eight central European refineries – where she has been President and Chief Executive Officer for more than five years

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Greece: TAP’s construction progressing

The construction of the Trans Adriatic Pipeline (TAP), which is designed to transport Azerbaijani gas to Europe, is progressing in Greece. TAP AG tweeted that over 17 km line pipes have been strung and 5 km welded along the pipeline route in Greece

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Tajikistan: surplus electricity supplied to Kyrgyzstan

Tajikistan has begun supplying surplus electricity to the neighboring Kyrgyzstan after all. According to Barqi Tojik (Tajikistan’s national integrated power company), about 14% of electricity generated in Tajikistan last month was exported to the neighboring countries, including Kyrgyzstan

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Azerbaijan: 24 state property units privatized

24 state property units were sold as part of another auction held by the Azerbaijani State Committee on Property Issues on September 20, within the new privatization program in the country

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Belarus: Omani businessmen seek cooperation with mechanical engineering companies

Omani businessmen show interest in establishing cooperation with Belarusian mechanical engineering companies, Chairman of the Belarusian Chamber of Commerce and Industry (BCCI) Vladimir Ulakhovich said

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Ukraine: NBU supports development of financial technology

The National Bank of Ukraine is interested in further development of high-tech financial market in Ukraine, as it will positively influence the implementation of Cashless Economy project

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Moldova: National Bureau of Statistics announces growth of economy

National Bureau of Statistics (NBS) announced economic growth. According to statistics, in the second quarter of 2016, the gross domestic product (GDP) amounted to 31 million 434 000 lei

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