Ukraine ready to integrate into EU digital economy

Ukraine has a huge potential to integrate into the digital economy space of the European Union, Ukrainian First Vice Prime Minister, Minister for Economic Development and Trade Stepan Kubiv has said

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Ukraine: investments in economy up

Investments in the Ukrainian economy have grown by $2.5 billion in contrast to last year, Ukrainian Prime Minister Volodymyr Groysman has stated at a meeting of the Cabinet of Ministers of Ukraine

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Ukraine demonstrates the record export rates of grains

In the beginning of 2016/2017 MY, the export rates of Ukrainian grains demonstrated rather high rates. In particular, in the beginning of the season Ukraine exported record volumes of barley, the First Deputy Chairman of the Board at State Food and Grain Corporation of Ukraine PJSC Borys Prykhodko declared

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Ukraine: former Polish transport minister Nowak appointed Ukravtodor acting head

Ex-Minister of Transport of Poland Slawomir Nowak has been appointed new acting head of the State Automobile Roads Agency of Ukraine (Ukravtodor)

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Uzbekistan: Textile-Contact to supply high-quality cotton fabrics to Ukraine

Textile-Contact Company, one of the leaders of the national market for the sale of fabrics and light industry productis. during the talks that took place on October 12-13, within the framework of the XII International Cotton and Textile Fair in Tashkent signed a contract for the supply of Uzbek textile products of new crop high quality cotton to Ukraine

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Ukraine: DP World signs MOU to develop logistics

Global trade enabler DP World has recently signed a Memorandum of Understanding (MoU) with the government of Ukraine to collaborate on matters of mutual interest, including the development of logistics capability in the country

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Moldova: center of excellence in transport to be furnished with modern equipment

Laboratories for practical training for students of the center of excellence in transport in Chisinau will be supplied with modern equipment, among them drilling and cutting machines, lathes, digital multimeters, testers and vices

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Ukraine: Cabinet approves of terms of another tender to sell Odessa port-side plant

The Cabinet of Ministers has approved of the terms of a repeated tender for the privatization of PJSC Odessa port-side chemical plant. The government made the relevant decision at a meeting on October 19

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Azerbaijan: big data research center to be established at ADA University

BP on behalf of its co-venturers in the projects that it operates – the Azeri-Chirag-Gunashli (ACG), Shah Deniz, Baku-Tbilisi-Ceyhan (BTC) oil export pipeline and the South Caucasus Pipeline projects, – has announced its support for the establishment of the first big data, data sciences Instruction and research center in Azerbaijan

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Russia: Baltic Customs uncovers illegal scheme to export fuel

Customs control measures undertaken by the Baltic Customs have uncovered a scheme used to take marine bunker fuel stated as stores outside the territory of the Eurasian Economic Union without payment of customs dues

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Russia: over 110 million tons of grains harvested

As of October 1, the general production of spring grains and pulses in Russian agricultural organizations reached 110.6 million tons in bunker weight, up by 16

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Azerbaijan: agricultural products exports up in January-September 2016

In January-September Azerbaijan increased export of agricultural products by 31.9% YoY, the country’s Deputy Minister of Agriculture Seyfaddin Talibov said

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Azerbaijan to present its products at 5 international exhibitions

Entrepreneurs will be able to take part in at least 5 international exhibitions in 2017 through the line of Azerbaijan’s Economy Ministry, the country’s Economy Minister Shahin Mustafayev said

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Azerbaijan to increase alternative energy sources share

Azerbaijan plans to increase the share of alternative and renewable energy sources in the country’s energy balance to 20% by 2020, Head of Azerbaijan’s State Agency for Alternative and Renewable Energy Akim Badalov said

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Azerbaijan: number of business inspections cut

As many as 50 inspections of business activities were carried out in Azerbaijan in January-September, while the figure was 50,000 for the first nine months of last year, the country’s Economy Minister Shahin Mustafayev reported

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Azerbaijan and Iraq to launch regular passenger and cargo flights

Azerbaijan and Iraq have discussed opportunities for carrying out regular passenger and cargo flights. The discussion took place as a delegation of Iraqi aviation administration visited Azerbaijan State Civil Aviation Administration

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Ukraine to ship sunflower meal to China

According to Ukrainian ministry of agrarian policy a lot of work is being done on strengthening of trade relationships with China. Currently it is planned to enlarge the list of agro commodities exported to China and to open Chinese market for Ukrainian berries and sunflower meal

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Ukraine: exports of high-oleic sunflower oil up in September 2016

According to the official statistics figures, in September Ukraine exported nearly 15.2 thousand tons of high-oleic sunflower oil, up 3 times MoM (4

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Ukraine and Norway sign Economic Cooperation Framework Agreement

The Framework Agreement on technical and financial cooperation has been signed on October 8, between the Cabinet of Ministers of Ukraine and the government of the Kingdom of Norway, First Deputy Minister for Economic Development and Trade Yulia Kovaliv has stated

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Ukraine: corn harvesting slower than in 2015

As of October 17, winter crops had been sown at 5307 thousand ha, or72% of the forecast area – 7374 thousand ha. This included 4804 thousand ha of winter wheat and triticale (77% from the planned 6198 thousand ha), 140 thousand ha of rye (95% of 147 thousand ha), 364 thousand ha of barley (35% of 1028 thousand ha)

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

In January-September in Ukraine the average selling prices of agricultural enterprises for agricultural products increased by 8.6% YoY, the press-service of the State Statistics Service of Ukraine declared

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Azerbaijan: alternative energy sources not to replace traditional ones

Alternative and renewable energy sources won’t be able to completely replace the traditional ones, Azerbaijan’s Energy Minister Natig Aliyev said, according to the message of the country’s Ministry of Energy

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Azerbaijan: 62 projects get investment promotion document

As many as 62 projects by Azerbaijan’s entrepreneurs have received an investment promotion document worth 787 million manats since April, the country’s Economy Minister Shahin Mustafayev said

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Ukraine: growth of soybean processing capacities to increase the competition for oilseed raw materials

In the season-2015/2016 the processing volumes of soybeans at oil in Ukraine increased to 1.15 million tons, as opposed to 1 million tons in 2014/2015 MY (up by 14%), due to modernization of the existing processing lines, and increasing of the production capacities through launching of a new large factory of LLC Katerynopilsky Elevator at the agricultural holding Mironivsky Hliboproduct

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