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075b725c6e4723641d7781cdfb2150e85b742a1b

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Ukraine: 90% of produced sunflower oil exported

Almost complete export orientation is the unique feature of the Ukrainian market of sunflower oil, the general director of the Association Ukroliyaprom Stepan Kapshuk reported

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Russia working on manned and unmanned 6th generation fighter jets

Russian Aerospace Forces Commander Viktor Bondarev said that the construction of sixth generation of jet fighters was not far off. Russia is simultaneously developing both manned and unmanned sixth-generation jet fighters

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Ukraine: planted areas of high-oleic sunflower seed up

During several recent years, the Ukrainian market of high-oleic sunflower seed demonstrated the positive dynamics of development, with annually increasing the planted areas under the oilseed, and its share in the general planted areas of all types of sunflower seed, the oilseed analyst at APK-Inform Agency Julia Ivanitskaya declared

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Ukraine: new high-speed helicopter produced

Softex-Aero Ukrainian company posted a video of the maiden flight of a new high-speed helicopter VV2 on its YouTube channel. Softex-Aero designed the helicopter’s concept in May

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Ukraine: Astarta harvesting campaign

Astarta’s subsidiaries are successfully conducting autumn field works on the harvesting of the technical crops and preparation of soils for the following year

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Russia: auto insurance reform being prepared

Russia’s Finance Ministry has prepared major changes to the compulsory auto liability insurance, known in Russian as OSAGO. Among other amendments, the ministry has proposed to divide OSAGO policies into three types: an “economic package” with current limits of 400,000 rubles for damage to property and 500,000 rubles for injuries, a “standard” package with limits of 1 million rubles on both claims, and a “premium” package with payments of 2 million rubles

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Russia: Inter RAO to enter Latin America and Southeast Asia

Russian power holding Inter RAO is interested in buying assets in Latin America or Southeast Asia, Ilnar Mirsiyapov, a member of the management board, said

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Russia to export helicopters to four African countries in 2016-2017

In 2016-2017, Russia will export the Mil Mi-8/17 and Mi-24/35 helicopters to Angola, Mali, Nigeria and Sudan, Yury Demchenko, the head of the delegation for Russia’s arms exporter, Rosoboronexport, said

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Russia: Rosinterbank stops servicing clients

Rosinterbank, included in Russia’s 100 largest banks in terms of assets, has completely stopped providing services to its clients, the bank said

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Russia: part of oil tax burden to be shifted on to consumers

The Russian government may shuffle off part of the oil tax burden on consumers by raising excise duties on fuel, according to the results of a recent meeting chaired by Deputy Prime Minister Arkady Dvorkovich

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Russia: draft decree on zeroing of the wheat export duties unveiled

The government of the Russian Federation posted the draft decree by the Ministry of Agriculture on zeroing of the wheat export duties from September 15, at the common web-portal of legal information disclosure

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Turkmenistan: main areas of development for 2017 named

Turkmenistan’s President Gurbanguly Berdimuhamedov has named the main vectors of the country’s socio-economic development which will be taken into account in the draft 2017 state budget

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Ukraine: IMF approves of third $1 billion tranche

The Executive Board of the International Monetary Fund (IMF) completed the second review of Ukraine’s implementation of an economic program backed by the Extended Fund Facility and approved of the disbursement of a third tranche worth SDR 716

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Russia: MADI starts developing new amphibious platform

The Moscow Automobile and Road Construction State Technical University (MADI) has started developing a versatile amphibious platform for light, extra light and heavy vehicles operational with the Airborne Force, the Airborne Force’s press office said

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Kazakhstan: oil production to go up by 2021

Kazakhstan plans to increase oil production to 79.5 million in 2017 and to 86.5 million tons in 2021, according to the 2017-2021 socio-economic development outlook, the Kazakh National Economy Ministry reported

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Kazakhstan: over 14 million tons grains harvested

According to regional agricultural departments, as of September 15, Kazakh agrarians harvested grains throughout 9.667 million ha, or 63% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared

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Kazakhstan: nearly 1 million tons of grains exported

Since the beginning of 2016/2017 MY Kazakhstan supplied 992.7 thousand tons of grains and flour in grain equivalent to foreign markets, the Ministry of Agriculture of the Republic of Kazakhstan declared

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Kazakhstan: grain-harvesting campaign goes on

According to official data, as of September 10, grain crops had been threshed from 9122.2 thousand ha, or 59.4% of the plan. 13557.8 KMT was harvested with the average yield of 1

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Ukraine to keep its leading positions in the production of sunflower seed

In 2016/2017 MY, Ukraine will remain the global leader in sunflower seed production with the figure of 13-13.5 million tons, up by 1.8-2.3 million tons (or by16

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Kazakhstan: 86 thousand tons of grains supplied to Azerbaijan in 2015-2016

In 2015/2016 MY, Kazakhstan exported 86 thousand tons of grains to Azerbaijan, the Ministry of Agriculture of the Republic of Kazakhstan declared

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Azerbaijan: IMF improves inflation outlook

The International Monetary Fund (IMF) has improved the inflation outlook in Azerbaijan for 2016 and 2017 to 10.2% and 8.5%, respectively, the fund’s report said

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Azerbaijan needs fuller liberalization of goods and labor

The International Monetary Fund (IMF) can help Azerbaijan primarily by working with the authorities to enhance macroeconomic policies and frameworks and strengthen institutions – key ingredients in the reform process, Mohammed El Qorchi, IMF mission chief for Azerbaijan, said

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Azerbaijan: EBRD to increase stake in cement plant

The European Bank for Reconstruction & Development’s (EBRD) Board of Directors has adopted a decision on raising the bank’s stake in the equity capital of Holcim OJSC in Azerbaijan (formerly Garadagh Cement Plant) to 20%, according to the bank’s message

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Ukraine: Britain to assist with reform implementation

The United Kingdom will provide assistance to Ukraine in reforming the customs sector and the judicial system. “We’ve agreed that the UK will consistently assist us in the reform of our customs system and the introduction of a parliamentary system of transparency”, Ukraine’s Foreign Minister Pavlo Klimkin said

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Belarus suggested as platform for enhanced EU-EEU cooperation

Belarus might become a platform for strengthening the cooperation between the European Union and the Eurasian Economic Union (EEU), German political scientist Alexander Rahr said

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Belarus: machine-tool equipment to be supplied to Cuba

Ambassador Extraordinary and Plenipotentiary of Belarus to Cuba Alexander Aleksandrov and Cuban Minister of Heavy Industries Salvador Pardo Cruz discussed the deliveries of Belarusian machine-tool equipment to Cuba, the press service of the Foreign Ministry of Belarus reported

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Belarus: planting campaign of rapeseed almost done

As of September 15, agricultural organizations of Belarus harvested 306.1 thousand tons of rapeseed with the average yield of 1.57 ton/ha. The harvested areas reached almost 195 thousand ha of the oilseed (92

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Belarus: Grodno Azot reports rise in output in January-August 2016

Belarus’ chemical company OAO Grodno Azot manufactured Br885.5 million worth of chemical products ($452.71 million) in January-August, up by 3

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Azerbaijan and Lithuania to expand co-op in railway sector

Azerbaijan and Lithuania have reached an agreement to even more expand bilateral cooperation in railway sector, spokesperson for Azerbaijan Railways Nadir Azmammadov reported

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Ukraine: Arterium buys Marifarm

Arterium Corporation (Kyiv) has acquired Marifarm pharmaceutical company (Maribor, Slovenia) from Slovenian bank Nova KBM (NKBM). The bank has not disclosed the amount of the transaction

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Ukraine: record high volume of sunflower oil exported in August 2016

In August Ukraine exported 258.3 KMT of sunoil against 352.9 KMT in the previous month and 224 KMT in July 2015. Over 2015/2016 season (September-August) Ukraine shipped 4479 KMT of sunoil against 3870 KMT in 2014/2015, setting a new record

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Ukraine: sugar plants produce 94,000 tons of sugar since season start

As of September 15, Ukrainian sugar plants produced 94 thousand tons of sugar, Ukrtsukor National Association of Sugar Producers of Ukraine reports

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