Ukraine: NBU to replenish state budget with 14 billion UAH in November-December 2016

The National Bank of Ukraine (NBU) intends to replenish the national budget in November and December, transferring tranches in the amount of 14 billion UAH and 14

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Ukraine: IMF mission to arrive in November 2016

A mission of the International Monetary Fund (IMF) will arrive in Ukraine in early November, Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva said

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Europe: gas transit via Ukraine top priority for relations with Gazprom

Continuation of the gas transit via Ukraine remains a strategic priority for the European Union (EU) in the context of its relations with Russia’s Gazprom, European Commission Vice President Maros Sefcovic has said

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Ukraine: Fat-and-Oil Industry-2016 starts with new tank complex opening

On October 26, the work of the fifteenth anniversary international conference “Fat-and-Oil Industry – 2016” started with the ceremony of opening of a new tank complex at LLC NE Terminal UPSS, located on the territory of the Dnepr-Bug Sea Port, in Mykolaiv

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Ukraine: EU becomes linseed top buyer

In September Ukraine exported 4.3 KMT of linseed compared to 2.5 KMT in August and 4.6 KMT in September 2015. The third season in a row the decrease in export volumes for the first month of the season has been observed

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Belarus: 2017 budget surplus approved at Br1.496 billion

The 2017 budget bill has been passed into law with a surplus worth Br1.496 billion ($787.203 million). The government posted the document on its official web site for legislative information on October 26

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Belarus: Grodno Azot nitrogen fertilizer exports down in January-August 2016

Belarus’ chemical company OAO Grodno Azot said its nitrogen fertilizer exports reduced by 16.2% YoY in January-August 2016 to 215,700 tons (in terms of 100% nitrogen), a source in the profile ministry reported

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Ukraine: NBU to get fourth IMF tranche of $1.3 billion by year end

The National Bank of Ukraine (NBU) still hopes by the end of the year to get the fourth tranche from the International Monetary Fund (IMF) under the EFF program in the amount of $1

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Belarus: cargo traffic down in January-September 2016

Belarus’ cargo traffic by all means of transport reduced by 4.3% YoY in January-September to 323.312 million tons, the National Statistics Committee of Belarus (Belstat) said in a report

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Belarus: slow vegetation of winter crops to continue

Since the start of the grain sowing and till October 20, the amount of the accumulated effective warmth was 20-40% lower than last year. Due to this winter crops were developing rather slowly and now development pace lags behind last year

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Azerbaijan to participate in OPEC’s Vienna meeting

Azerbaijan’s Energy Minister Natig Aliyev will participate in the OPEC High Level Committee Meeting on implementation of Algerian agreements of OPEC and non-OPEC states, to be held in Vienna in late November, the Azerbaijani Energy Ministry said in a message

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Azerbaijan to share energy experience with South Africa

Azerbaijan is ready to share its experience in the field of energy with the Republic of South Africa and to assist it in development of a massive energy-producing potential, Azerbaijan’s Energy Minister Natig Aliyev said

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Azerbaijan: Sumgait chemical park residents to start working in 2017-2018

Residents of the Sumgait Chemical Industrial Park (SCIP) will start production in 2017-2018, Azerbaijan’s Deputy Economy Minister Niyazi Safarov reported

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Turkmenistan and Qatar to expand business ties

Turkmen President Gurbanguly Berdimuhamedov and Qatar’s Sheikh Faisal Bin Qassim Al Thani, the head of Al Faisal Holding, stressed at the meeting that the fuel and energy sector, transport and communications were priority vectors of cooperation between Turkmenistan and Qatar, the Turkmen government said in a message

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Turkmenistan: President and CIFAL head mull co-op prospects

Turkmen President Gurbanguly Berdimuhamedov and Gilles Remy, head of the French CIFAL company, exchanged views on the prospects of partnership as part of the priorities of socio-economic development of the country and joint work experience

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Turkmenistan: John Deere offers agriculture equipment

The US company John Deere is ready to offer cotton and grain harvesters, tractors, as well as various agricultural equipment to Turkmenistan, Mark von Pentz, president of the company’s Agriculture and Turf Division of Europe, CIS, Asia, Africa and Global Tractor Platform, said

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Turkey: new fruit appears

Turkey has received the first dragon fruit harvest (pitaya), after a year of preparation. This fruit of Vietnamese origin has adapted well to the climatic conditions of this region, mainly planted with citrus, but also strawberries and bananas

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Ukraine: minimum wage to grow from January 1, 2017

Ukrainian President Petro Poroshenko, the government and parliamentary coalition factions have decided to raise the minimum wage in Ukraine from January 1, 2017 to 3,200 UAH, the Ukrainian president said after talks with Ukrainian Prime Minister Volodymyr Groysman

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Kazakhstan to participate in OPEC meeting in November 2016

Kazakhstan plans to participate in the OPEC meeting on November 30, in Vienna, Kazakh Energy Minister Kanat Bozumbayev said. Earlier OPEC sent invitations to 12 non-member countries to attend the next OPEC meeting

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Kazakhstan to launch new flights in 2017

Kazakhstan negotiates the launch of new routes during Expo 2017 exhibition in Astana with several foreign airlines, Kazakh Prime Minister’s official website reported with the reference to Investment and Development Vice Minister Berik Kamaliyev

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Kazakhstan: milling wheat prices strengthen

Last week growing of milling wheat prices was noted on the export market of Kazakhstan. Factors of price support: – increased demand from major importers; – strengthening of national currency; – increase in milling wheat prices in the Black Sea region

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Kazakhstan: 23.6 million tons of grains harvested

According to the regional agricultural departments, as of October 27, agrarians harvested grains throughout 15.34 million ha, or 99.9% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared

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Ukraine: NBU cuts refinancing rate

The National Bank of Ukraine (NBU) from October 28, cuts refinancing rate from 15% to 14%. The central bank said in a press release that the decision on the size of the refinancing rate was approved by its board on October 27

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