Ukraine: winter grains planting 94% complete

As of November 14, winter crops were planted on 6911 thousand ha, or 94% of the forecast area of 7374 thousand ha. This included 5888 thousand ha of winter wheat and triticale – 95% of the projected area (5597 thousand ha in 2015), 157 thousand ha of rye – 107% (145 thousand ha in 2015), and 866 thousand ha of barley – 84% (853 thousand ha in 2015)

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Ukraine: port charges to be halved

The Infrastructure Ministry of Ukraine is planning to halve port charges. According to the ministry, Ukraine loses because of its overcharged port dues lead to shrinking freight traffic

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Moldova: level of relations with Belarus praised

Moldova’s outgoing President Nicolae Timofti praised the level of the Belarusian-Moldovan relations and emphasized the trustworthy bilateral dialogue at the highest level, the Belarusian embassy in Moldova reported

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Venezuela considering food imports from Belarus

Belarus and Venezuela are discussing the launch of supplies of Belarusian food. This issue was addressed during a meeting between Belarusian Ambassador to Venezuela Oleg Paferov and Venezuela’s Food Minister Rodolfo Marco Torres, the press service of the Ministry of Foreign Affairs of Belarus reported

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Belarus: BelAZ expanding into Turkish market

The Belarusian automobile engineering company BelAZ keeps in touch with Turkish companies working on ways of selling and promoting its vehicles in Turkey, according to the company’s website

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Belarus to strengthen cooperation with Altai region

Matters related to the establishment of joint ventures and new partnerships were discussed during a meeting between Belarus’ Deputy Industry Minister Alexander Ogorodnikov and Deputy Governor of Russia’s Altai region Viktor Meshcheryakov, the press service of the Industry Ministry reported

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Belarus: Amkodor to design prototypes for oil well maintenance in Tatarstan

The Belarusian mechanical engineering company Amkodor is ready to design prototype machines for the oil extraction industry of Russia’s Tatarstan, the company’s website reported

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Belarus: Austria to set up trade and service network for tractors

A big trade and service network of Belarus tractors will be built in Austria, the website of Minsk Tractor Works reported. The intention to develop the Belarus tractor trade and service network was voiced by Director General of Austria’s Schaider GmbH Jozef Schaider

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Vietnam interested in Azerbaijani investments

The administration of Ho Chi Minh intends to draw Azerbaijani investments in infrastructure projects. Vietnam urges Azerbaijani investors to work over the subway construction project in Ho Chi Minh, as well as invest in tourism, information and communication technologies and services

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Azerbaijan: new deal signed within Shah Deniz Stage 2 project

Saipem Contracting Netherlands B.V. signed a 4-year contract with the Azerbaijani branch of the Lighthouse company in order to conduct survey work as part of the Shah Deniz Stage 2 project, Lighthouse said in a message posted on its website

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Azerbaijan: insurance company to increase authorized capital

Shareholders of Bashak Inam Insurance OJSC will discuss increasing the company’s authorized capital on December 22, the company said in a message

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Azerbaijan: UAE investors invited to work in industrial parks

Entrepreneurs of the United Arab Emirates (UAE) can use conditions created in Azerbaijan’s industrial parks, Azerbaijani Economy Minister Shahin Mustafayev said

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Turkmenistan to host international cotton fair

The sixth international cotton exhibition-fair and conference “Cotton Products of Turkmenistan and the global market” will be held in Ashgabat on December 3-4, the Turkmen government said in a message

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Ukraine: electricity consumption down in January-October 2016

Electricity consumption in Ukraine in January through October, taking into account losses in electricity transmission, fell by 2.3% or by 2.807 billion kilowatt-hours (kWh) YoY, to 120

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Ukraine: NBU sends 14 billion UAH to budget in November 2016

The National Bank of Ukraine (NBU) in November sent 14 billion UAH to the national budget, according to a posting about budget revenues as of November 17, posted on the website of the State Treasury Service

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Ukraine: AgMin grain harvest forecast revised

Grain harvest in Ukraine in 2016 would total 64 million tons, Agricultural Policy and Food Minister of Ukraine Taras Kytoviy has said. “We expect that this year we would have a record-breaking harvest of 64 million tons with the average yield of 44 hundredweights per ha”, the minister said

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Ukraine: 16.4 million tons of grain exported

Ukraine exported 16.4 million tons of grain since early 2016/2017 agricultural year (July-June) as of November 18. Ukraine’s Agricultural Policy and Food Ministry has reported that around 9

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Ukraine: IMF waiting for prosecution of corrupt high-level officials

The International Monetary Fund (IMF) is waiting for decisive steps particularly need to be taken to fight corruption from the Ukrainian authorities, including prosecuting and convicting corrupt high-level officials, the mission of the IMF said after visiting Kyiv on November 3-17

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Ukraine: charitable activities of religious organizations exempt from taxes

President of Ukraine Petro Poroshenko has signed the law on exempting charitable activity carried out by religious organizations from taxes. The press service of the Cabinet of Ministers noted Poroshenko signed amendments to the Tax Code of Ukraine concerning exemption from taxes of non-profit (charitable) activities, including humanitarian aid, charity, philanthropy, etc

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Ukraine: poultry imports from Austria banned

The State Service for Food Safety and Consumers’ Rights Protection has imposed a ban on imports of poultry and by-products from Austria

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Ukraine: NBU allows Finexbank self-liquidating

The National Bank of Ukraine (NBU) allowed the liquidation of Finexbank (Kyiv) at the initiative of the owners. According to the regulator’s website, on November 17, Finexbank had sufficient liquidity to make payments to clients

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Ukraine: government creating working group to analyze situation in aerospace sector

Ukraine’s Cabinet of Ministers is creating an ad hoc working group to analyze the situation in the aerospace sector and draw up mechanisms for increasing its management efficiency, Ukrainian Prime Minister Volodymyr Groysman has said

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Business World Magazine via e-mail

Every day (except for week-ends and holidays) You can receive the Business World Magazine as an *.html file via e-mail. Each issue has around 80 publications, analytics, statistics, forecasts and prices

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