Ukraine: rapeseed output down in 2016

Rapeseed harvesting is complete in Ukraine. According to UkrAgroConsult estimates, rapeseed production is likely to be 30% lower than last year

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Ukraine: over 38 million tons of grains harvested

As of August 29, Ukrainian agrarians harvested 38.266 million tons of grains and pulses throughout the areas of 9.793 million ha, or 68% of the plan

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Ukraine: international trade support mechanisms to be introduced

The Government is engaged into work to prepare for the introduction of Ukraine’s international trade support mechanisms that will help promote domestic producers on the international arena

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Tajikistan: citizens opposing economic integration with Russia

An article “Tajikistan Mulls EEU Membership, Feels Pull of Russia” posted on EurasiaNet.org’s website notes that many Tajiks oppose economic integration with Russia Abdufattoh Ghoib, the head of Tajikistan’s Customs Service, announced on July 19, that the Tajik government was considering making an application to enter the Eurasian Economic Union (EAEU)

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Belarus: Russian crude oil price down in January-June 2016

The price of Russian crude oil supplies to Belarus dropped by 25.4% YoY in January-June to $208, Belarus’ National Statistical Committee (Belstat) said in a report

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Russia: grain supplies to Palestine to go up

Russia plans to increase grain exports to Palestine from 70 thousand tons to 250-300 thousand tons, the Russian-Palestinian intergovernmental commission on trade and economic cooperation declared

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Russia: wheat export duty to be abolished until July 2018

Russia will abandon the wheat export duty until July 2018, Deputy Agriculture Minister Dzhambulat Khautov said. “The export duty on grain will be abolished in Russia until July 2018”, he said

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Russia: 89 million tons of grains harvested

As of August 29, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the general areas of 30

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Russia: CBank key rate to be cut in September 2016

The Russian central bank could reduce its key rate at the next meeting on September 16, CEO of the country’s biggest lender Sberbank German Gref said

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Russia: harvesting of grains and pulses up

According to official data, as of August 26, Russian farmers had threshed 29.2 million ha (61.9%) of grains and legumes against 25.7 million ha on the same date in 2015

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Ukraine: Asian investors ready to work

Ukrainian President Petro Poroshenko has stated that the investors from the South-East Asia are willing to invest in the Ukrainian economy. The President said this at the meeting of the National Council of Reforms

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Belarus: UN social entrepreneurship project to be implemented in Grodno region

Plans have been made to implement a pilot project of the United Nations Organization to develop social entrepreneurship in several areas in Grodno region

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Kazakhstan: over 100 countries to partake in EXPO 2017

Kazakhstan intends to gather over 100 participating countries and over 5 million visitors during the EXPO 2017 that will take place in Astana, the Ambassador Extraordinary and Plenipotentiary of Kazakhstan to Belarus Yergali Bulegenov said

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Moldova: forecast of sunflower seed harvest down

In 2016 Moldova will decrease the harvest of sunflower seed by 30-40% compared with the previously expected indices, due to weather conditions, the Ministry of Agriculture and Food Industry of Moldova declared

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Belarus: Minsk to host CIS financial and economic forum in October 2016

The CIS financial and economic forum will take place in Minsk in October, head of the CIS election observation mission Sergei Lebedev said. “The financial and economic forum will be held as part of the meeting of the CIS Heads of Government Council in Minsk

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Kazakhstan: oilseed planted area up

In Kazakhstan oilseeds planted area for 2016/2017 crop increased to 2118 thousand ha compared to 2101 thousand ha last year. Planted area approached the 2014/20015 season’s level, when the acreage reached all-time high at 2413 thousand ha

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Iran: NIOC signs oil contract with Lukoil

National Iranian Oil Company (NIOC) has signed oil contracts with a range of companies, including Russian oil producer Lukoil. Other companies included OMV, Total and Pertamina

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Belarus: IFRS to make corporate sector more transparent

Belarus’ move to adopt International Financial Reporting Standards (IFRS) and clarifications on January 1, 2017 will contribute to increasing the transparency of Belarus’ corporate sector for investors and creditors, Pavel Laschenko, EY Belarus Managing Partner, believes

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Ukraine: sale of Turboatom, Electrotyazhmash, State Food and Grain Corporation in 2017 approved

The government’s committee for economic, financial and legal policy has approved of a list of enterprises to be privatized in 2016-2017, among them are Turboatom, Electrotyazhmash, the United Mining and Chemical Company, the State Food and Grain Corporation, and a state stake in Zaporozhye Titanium and Magnesium Combine LLC

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Belarus: Gomselmash deliveries to Ukraine up in 2016

Since the start of the year the Belarusian mechanical engineering company Gomselmash has delivered 150 grain and forage harvesters to Ukraine, up by 50 vehicles YoY, the First Deputy Director of the company’s regional sales department Igor Korotkevich reported

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Belarus: EEU states to launch single market of pharmaceuticals in 2016

Member states of the Eurasian Economic Union (EEU – Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan) plan to launch a single market of medical goods and medications in 2016, Anton Azarov of the Eurasian Economic Commission’s Department for Integration and Development said in a statement

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Belarus: BelOil seeking to increase direct supplies to customers

ZAO Belarusian Oil Company (BelOil) – a designated exporter of Belarusian petroleum products – is determined to promote direct shipments of petroleum products to the end customer as opposed to shipments via seaports, a source in the profile ministry said

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Belarus: FEZs report foreign trade surplus in H1 2016

In H1 2016 resident companies in Belarusian free economic zones (FEZ) secured a surplus of foreign trade in merchandise as large as $452.6 million, up by 14

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Belarus to take part in EU4Energy program

Belarus will take part in the EU’s new program of technical support for the countries of the Eastern Partnership EU4Energy, the press service of the Energy Ministry reported

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Belarus: ceiling on cashless payments subject to reporting to SCC lowered

The National Bank of Belarus and the State Control Committee have adopted a joint resolution lowering the ceiling on cashless payments subject to reporting from BYR5 million (approx

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

Belarus reports a quantitative increase in exports of meat and dairy products in January-June, Belstat said in a statistical report. Meat export grew by 13% YoY to 154,800 tons, the average price was down by 17

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Belarus: Mogilev region and Hunan province sign memorandum of friendship

Mogilev region of Belarus and Hunan province of China have signed a memorandum on developing friendly relations. The document was inked by Mogilev region Vice Governor Dmitry Kharitonchik and Head of the Foreign and Overseas Chinese Affairs Office of the People’s Government of Hunan province Xiao Bailing

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Ukraine: agricultural production costs up in January-July 2016

In January-July the joint index of costs for production of agricultural commodities in Ukraine (without the Crimea) increased by 12.4% YoY, the State Statistics Service of Ukraine informed

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Ukraine: spirits output down

Industrial processing of grain in Ukraine has demonstrated a downward trend over the last three years. Production of basic processed products has declined on average by 20% compared with 2013

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Ukraine: agricultural products share exceeding 40% of the general exports

In January-June agricultural products formed 40.8% in money terms in the general volume of commodity exports from Ukraine, the Ministry of Agrarian Policy and Food of Ukraine reported

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