Business World Magazine: четверг, декабря 01, 2016

Business World Magazine

01.12.2016

Ukraine: Cabinet of Ministers permits making up export parcels from grain of different grades at elevators

The Cabinet of Ministers passed a resolution permitting to make up export parcels from grain of different grades at elevators. First Deputy Economy Minister Maxim Nefedov says a weird regulation is in effect in Ukraine: when you are exporting grain of different grades, they must be kept separately according to the Ukrainian quality standards while en route within the country

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Ukraine: planting of winter barley 86% complete

As of November 28, winter crops had been sown on 6950 thousand ha, or 94% of the forecast area of 7374 thousand ha. This included 5909 thousand ha of winter wheat and triticale, or 95% of their projected area (5644 thousand ha in 2015), 158 thousand ha of rye (107%, 145 thousand ha in 2015), and 882 thousand ha of barley (86%, 879 thousand ha in 2015)

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Belarus: France ready for tighter cooperation in IT and infrastructure development

France is ready to step up cooperation with Belarus in information technologies and infrastructure development, Ambassador of France to Belarus Didier Canesse reported during the Belarusian-French interregional business forum in Minsk

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Azerbaijan: over 45 EU twinning projects realized

The EU has successfully implemented more than 45 twinning projects in Azerbaijan, Head of Operations Section at the EU Delegation in Azerbaijan Jeroen Willems said

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Ukraine: contract signed for supply of equipment for Kanev HPP

PJSC “Turboatom” and PJSC “Ukrhydroenergo” signed contract UHE/TKNV/C/2-13 “Plant design, Supply and Installation; Rehabilitation of two Blocks (7 hydraulic plants) at Kanev HPP”

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Ukraine: Chinese corporation takes interest in developing Chornomorsk port infrastructure

The seaport of Chornomorsk (former Illichivsk) was visited by representatives of the China National Complete Engineering Corporation (CCEC) and the State Food Grain Corporation of Ukraine

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Azerbaijan: reasons of deficit in payment balance

The deficit in Azerbaijan’s payment balance will amount to $5 billion in 2016, Elman Rustamov, chairman of the country’s Central Bank (CBA), said

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Turkey: BTK railway to connect Azerbaijan to Europe

Turkey expects the first branch of the Baku-Tbilisi-Kars (BTK) railway to be commissioned in early 2017, Minister of Transport, Maritime Affairs and Communications of Turkey Ahmet Arslan said

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Bulgaria: corn harvesting in November 2016

According to the Ministry of Agriculture, as of November 17, 416.7 thousand ha of corn were threshed, which was 98.6% of the plan (423 thousand ha)

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Ukraine: vegoil refining plant to be built in Vinnytsya

It is projected to build a plant for refining and deodorization of vegetable oils. The project will be implemented by Oil Partner on the premises of a complex of nonresidential buildings

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Belarus: GDP to drop in 2016 amid oil dispute with Russia

Belarus’ GDP may drop by 2.5-2.6% in 2016 due to the ongoing oil dispute with Russia, Belarus’ Economy Minister Vladimir Zinovsky said

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Belarus and Azerbaijan analyzing joint production of carpets and cotton fabrics

Belarus and Azerbaijan are analyzing the prospects of joint production of carpets and cotton fabrics, the Belarusian President’s press-service said in a statement following President Alexander Lukashenko’s talks with Azerbaijani President Ilham Aliyev

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Belarus: interregional business forum opens in Minsk

The Belarusian-French interregional business forum takes place in Minsk on November 30 – December 1, according to the official website of the Belarusian Chamber of Commerce and Industry

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Ukraine: Agroprodservice launches new soybean processing plant in Ternopil region

The corporation Agroprodservice put into operation a plant for soybeans processing in Ternopil region, the press-service of the company declared

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Azerbaijan: Taxes Ministry completes joint twinning project with EU

The European Union (EU) and Azerbaijan’s Taxes Ministry have successfully completed the implementation of a joint twinning project on improvement of human resources management, the country’s Deputy Taxes Minister Sahib Alakbarov said

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Azerbaijan: reasons of GDP decline

Azerbaijan’s GDP amounted to 49.2 billion manats in January-October, down by 3.7% YoY, the country’s finance minister Samir Sharifov said

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Kazakhstan: grain stocks higher than in 2015

According to Kazakh statistics committee, stocks of grains and legumes at all the enterprises as of November 1, were 18.84 MMT against 17.75 MMT on the same date in 2015 (+6

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Ukraine: consumption of organic products to grow

In the current year the market of domestic consumption of organic products in Ukraine will grow by 17.6% and exceed the level of 20 million EUR, against 17 million EUR last year, the Head of the Organic Federation of Ukraine Eugene Milovanov declared

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Tajikistan develops a 10-year water sector reform program

In a statement delivered at the Water Summit 2016 in Budapest, Tajik President Emomali Rahmon noted that the government of Tajikistan was continuously focused on the issues of effective use of water resources, water loss reduction, water quality improvement and reduction of water resources pollution

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Uzbekistan: ADB to allocate 154 million towards development of horticulture

The Asian Development Bank approved of a $154 million loan to improve horticulture in Uzbekistan. “ADB’s support will help to expand access to long-term financing for farmers engaged in horticulture, and businesses involved in the supply chain in the field of horticulture”, Bui Minh Ghaip, senior economist for natural resources and agriculture at Regional Department for Central and West Asia of ADB said

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Ukraine: UBRD sold for 82.827 million UAH

A state-owned stake of 99.9945% of the Ukrainian Bank for Reconstruction and Development (UBRD, Kyiv) has been sold at the starting price of 82

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