Ukraine: Ministry of Agrarian Policy to contribute to entry of agricultural producers on the EU market

The entry of new players on the foreign agricultural markets is a priority for the Ministry of Agrarian Policy and Food of Ukraine, the First deputy head of the Ministry of Agrarian Policy Maxim Martyniuk declared

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Ukraine: grain supply and demand balance in August 2016

As of August 19, wheat and barley harvesting was almost complete. Farmers obtained 26.37 MMT of wheat and 9.77 MMT of barley in bunker weight

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Uzbekistan: Navoi FIEZ holds meeting with Ambassador of Kazakhstan

On August 17, the free industrial economic zone “Navoi” held a meeting with Ambassador Extraordinary and Plenipotentiary of the Republic of Kazakhstan to the Republic of Uzbekistan E

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Moldova interested in cooperation with Azerbaijan

Moldova is interested in participation of Azerbaijani companies in development of hydrocarbon resources, Ambassador of the Republic of Moldova to Azerbaijan Gheorghe Leuca said

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Ukraine: KSG Agro sees $2 million of net profit in H1 2016

KSG Agro (Luxembourg) with assets in Ukraine saw $1.95 million of net profit in January-June compared to net loss of $3.825 million a year ago

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Belarus: inflation projected to stay under 12% in 2016

There is every ground to believe that the inflation in Belarus will stay under 12% in 2016, Prime Minister Andrei Kobyakov said after he presented his report to the Belarusian head of state on August 23

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Ukraine: flour production down in January-July 2016

In January-July Ukrainian flour milling enterprises produced 1.03 million tons of flour, down by 7% YoY, the State Statistics Service of Ukraine declared

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Russia: 13.5 million tons of cereal crops exported in H1 2016

In January-June Russia increased cereal crops export volumes by 37.9% YoY to 13.484 million tons, the Federal State Statistics Service (Rosstat) reported

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Ukraine: GDP growth forecast for 2017 improved

Ukraine’s GDP growth in 2017 is expected to be 2.9% with inflation of 9% (December on December), according to a consensus forecast published by the Ukrainian Economic Development and Trade Ministry

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Ukraine: buckwheat groats output down in 2015

According to the State Statistics Service, in 2015 Ukraine produced slightly more than 347 thousand tons of groats, down by 1% YoY (350 thousand tons)

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Belarus: further reduction of key lending rate depends on balance of payments

Further actions to reduce the refinancing rate in Belarus will be closely intertwined with the country’s balance of payments, the Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kallaur reported

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Uzbekistan: Uzbekozikovkatholding sells 2 trillion soums worth of products

Since the first years of independence, food security has been one of the priorities of socio-economic policy of the country. Measures implemented in the country to provide the population with quality food, as well as the results achieved in the food industry were discussed at a press conference organized by the holding company “Uzbekozikovkatholding”

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Ukraine: Energoatom seeking to finance construction of spent nuclear fuel facility via issue of bonds in U.S.

National Nuclear Generating Company Energoatom seeks to finance building of the centralized spent nuclear fuel storage facility via the issue of securities on the U

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China: imports of Russian oil down in July 2016

China’s imports of Russian oil contracted by 14% YoY to 3.23 million tons in July, Bloomberg reported quoting the Chinese customs as saying

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Belarus: businessmen from Russia, China, EU to partake in Grodno investment forum

Businessmen from Russia, China, and the European Union will take part in the international investment forum Grodno region at the Crossing of Borders that will take place on September 23, the economy committee of the Grodno Regional Executive Committee reported

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World: Black Sea region ousts EU and USA from the traditional wheat markets

Second season in a row Russia, Ukraine and Kazakhstan export record high volume of wheat, leaving behind such top-exporters as USA and EU countries

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Belarus: Izobud advances to European market of energy efficient sandwich panels

Izobud, Belarus’ leading manufacturer of cutting-edge energy efficient sandwich panels, has branched out into the European market. The enterprise has signed contracts and delivered construction products to the Baltic countries and Sweden

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Belarus: producer prices up in July 2016

Belarusian producer prices in July increased by 0.5% MoM (up by 7.3% compared to the level of December 2015), the National Statistical Committee (Belstat) reported

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Belarus: potash exports to Brazil up in H1 2016

Belarusian Potash Company (BPC) shipped 729,454 tons of potash fertilizers to Brazil in January-June, up by 32% YoY. Potash export proceeds from Brazil-bound shipments dropped by 15% YoY to $268

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Belarus: FSC to review banks’ asset quality

An independent review of the quality of assets of the Belarusian banking system will be considered at a meeting of the Financial Stability Council, Chairman of the Board of the National Bank of Belarus Pavel Kallaur said

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Belarus to work with Egypt on joint production of medicines

Ambassador Extraordinary and Plenipotentiary of Belarus to Egypt Sergei Rachkov met with Egypt’s Minister of Health and Population Ahmed Rady, the press service of the Belarusian Ministry of Foreign Affairs reported

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Azerbaijan to hold first auctions on privatization

First auctions within the framework of the new state property privatization program in Azerbaijan will be held on September 14 and September 20, the country’s State Property Issues Committee said

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Azerbaijan mulling cargo tariffs reduction with Kazakhstan and Georgia

Heads of railway administrations of Kazakhstan, Azerbaijan and Georgia have discussed mutually beneficial cooperation and creation of favorable conditions for cargo transportation with cargo shippers, major operators and freight companies of Kazakhstan in Astana, the press service of Kazakhstan Railways JSC reported

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Armenia: economic activity index shows record decline

Armenia’s economic activity index decreased by 4.7% YoY in July. This is a record figure. A decline in the country’s economic activity has not been observed yet in 2016

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Turkmenistan: Aral Sea problem mulled at regional level

Ashgabat hosted a meeting to discuss the concept of Turkmenistan’s chairmanship at the International Fund for saving the Aral Sea (IFAS), the Turkmen government said in a message

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Tajikistan: large cement plant starts operations in Yovon

A major cement plant was put into operation in the Yovon district of Khatlon region on August 24, with the participation of the President of Tajikistan Emomali Rakhmon

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Azerbaijan: ADB approves of multi-million loan

The Asian Development Bank (ADB) has approved of the fourth tranche worth $75 million as part of the ‘Azerbaijan: Water Supply and Sanitation Investment Program’, said a message posted on the bank’s website

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Ukraine: Nika-Tera transships over 760 thousand tons of grains in January-July 2016

In January-July the sea terminal Nika-Tera (Mykolaiv, part of Group DF) shipped 766.5 thousand tons of grain cargoes, or 44.88% of the total cargo turnover (1

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Ukraine: oilseed crops condition good

Last week the weather was favorable for late crops formation due to lower air temperatures and higher amount of precipitations. Sunflower sown in the optimal and early terms is at the stage of maturation – technical ripeness and at later sown plants – flowering stage

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Ukraine: Nibulon launches new grain terminal on the Southern Bug River

The agricultural holding Nibulon has put into operation a grain transshipment terminal on the river Southern Bug. The investments in construction totaled 450 million UAH, the press-service of the company declared

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