Ukraine has all opportunities to resume growth of industrial production

Ukraine has all opportunities to resume the growth of industrial production and to ensure the production of competitive products that will be in demand on domestic and foreign markets

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Turkmenistan and Iran mull energy co-operation

Turkmenistan’s Foreign Minister Rashid Meredov held talks with the Iranian Deputy Foreign Minister for Asia-Pacific Affairs Ebrahim Rahimpour, the Turkmen ministry said

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Turkmenistan: large gas refinery being built

Construction of a large refinery that will produce gasoline from natural gas continues at a fast pace in Ovadan-Depe town in Ahal province of Turkmenistan

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Kazakhstan to export 9 million tons of grains

The Ministry of Agriculture of Kazakhstan plans that in the current year the country will export 9 million tons of grains, the Vice Minister of Agriculture Gulmira Isayeva declared

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Ukraine: over 63 million tons of grains harvested

As of December 2, Ukrainian agrarians harvested 63.386 million tons of grains throughout the areas of 13.859 million ha, or 99% of the plan. The average yield totaled 4

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Kyrgyzstan: agreement for road corridor rehabilitation inked with ADB

The Asian Development Bank (ADB) and the government of Kyrgyzstan have signed the financing agreement amounting to $95.1 million to rehabilitate a section of the North-South Alternate Road Corridor in Kyrgyzstan, said the message on ADB’s website

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Ukraine: ADM modernizes oil-extraction plant in Odessa region

ADM company has completed modernization of an oil-extraction plant located in Chernomorsk (Odessa region), the press-service of the company reported

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Ukraine: Kobolyev meets US government delegation at Naftogaz

The representatives of the US government confirmed their unchanged interest to continue energy cooperation with Ukraine. At the meeting, the parties discussed further steps for reforming Ukraine’s energy sector and maintaining conditions for secure gas transit to Europe via Ukraine

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Ukraine: 18.4 million tons of grains exported

Since the beginning of 2016/2017 MY, Ukraine exported 18.4 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared, referring to the State Fiscal Service

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Belarus: Amkodor and Saleo to build 3 plants in 2017

Minsk-based OAO Amkodor and Belarus’ Saleo Group plan to build three new plants in 2017 and implement other projects with a total investment portfolio of $500 million, Igor Kayuda, Amkodor’s Director for Innovations and Investments, reported

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Azerbaijan has potential to export agricultural products to US

Azerbaijan has enough potential to export its agricultural products to the US markets, Deputy Assistant Secretary of Commerce for Europe, the Middle East and Africa at the US Department of Commerce Michael Lally said

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Azerbaijan to become international hub for postal shipments

Baku may turn into an international hub for postal shipments from Asia to Europe, Director General of the Universal Postal Union Bishar Hussein reported

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Ukraine: sunseed stocks up in November 2016

According to the State Statistics Service, sunseed stocks in Ukraine totaled 7992 KMT as of November 1, up by 6.7% YoY (7492.1 KMT). Growers held 4516

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Belarus: Grodno Azot to finish construction of nitric acid plant in 2018

Belarus’ chemical company OAO Grodno Azot plans to finalize the project worth $170 million to build a nitric acid plant. The new facility will produce 1,200 tons of acid a day

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Azerbaijan: Railways and Stadler to expand co-operation

Azerbaijan Railways CJSC and Switzerland’s Stadler Rail AG will expand bilateral cooperation, said a message from Azerbaijan Railways. This was decided during a meeting of Chairman of Azerbaijan Railways CJSC Javid Gurbanov and Stadler President Peter Spuhler

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Belarus: government to offset loan losses of banks

The government will offset the losses on the export loans issued by the Belarusian banks in 2017-2018, reads Resolution No. 981 of the Council of Ministers of Belarus of November 30

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Ukraine: rapeseed exports to shrink

Ukraine exported 137.1 KMT of rapeseed in October against 322.7 KMT in September and 167 KMT in October 2015. In total 693.6 KMT of rapeseed was supplied to foreign markets in July-October 2016/2017, i

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Belarus: Belavia to retire Tu-154 aircraft by year-end

Belavia Belarusian Airlines will retire its Tupolev Tu-154 aircraft on December 28. The Minsk-based carrier’s fleet includes three of the type – one Tu-154 is already out of service and two operate charter flights between cities in Belarus and Western Siberia in Russia for oil and gas industry

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Moldova: weather conditions and crop development in late November 2016

Mainly usual air temperatures were reported in the country on November 21-27. Their weekly average equaled +1.1..+2.9 degrees C, being close to normal in most of Moldova

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Estonia: e-residents establish over 1,000 companies

During the first two years of its e-residency project, which provides foreigners with the opportunity to register companies in Estonia and use other e-state services, Estonia already has 15,000 e-residents who have established more than 1,000 businesses

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Ukraine: Ministry of Economic Development forecast of agricultural production up

The Ministry of Economic Development and Trade of Ukraine has increased its forecast of growth of agricultural production in Ukraine in 2016 to 2

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Kyrgyzstan: closure of Russian military base announced

President of Kyrgyzstan Almazbek Atambayev announced that Russian military base would be closed after the current contract expires. “Kyrgyzstan should rely only on its own military forces, not Russian, American or any other country’s”, the president said during a press conference

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Kyrgyzstan unable to use Polish credit of 40 million euro

Kyrgyzstan was unable to use the Polish credit of 40 million euro, the Head of Trade and Investment Promotion Department of the Polish Embassy in Almaty Wlodzimierz Kurowski reported

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Ukraine: effect of additional trade preferences for product exports to the EU to reach $100-150 million

The effect for Ukraine from additional trade preferences, the draft regulation of was presented in September, in terms of product exports to the European Union will reach nearly $100-150 million, the Deputy Minister of Economic Development and Trade of Ukraine – Trade Representative of Ukraine Nataliya Mykolska declared

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