Ukraine: throughput of port Yuzhny down in January-November 2016

In January-November Commercial Sea Port Yuzhny handled 36,239,800 tons, down by 17.8%, YoY, Ukrainian Sea Ports Authority says. According to the statement, this makes 30% of total throughput of Ukraine’s seaports (120,717,900 tons)

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Turkmenistan: economic policy to be additionally adjusted

An International Monetary Fund (IMF) mission led by Martin Sommer visited Ashgabat on December 1-6, to assess macroeconomic and financial developments and discuss economic challenges and policy priorities with senior government officials and the diplomatic community

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Kazakhstan: Kashagan officially presented

Kazakhstan’s huge oil field Kashagan was officially presented on December 7, Kazakh Energy Ministry said. Kazakh President Nursultan Nazarbayev took part in the event

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Kazakhstan: FCC for 3- and 4-grade wheat purchasing prices up

JSC National Company Food Contract Corporation announced the increase of the purchasing prices for 3- and 4-grade wheat Triticum aestivum L., the company’s press-service reported

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Kazakhstan: wheat exports hit three-year high

Kazakh wheat exports continued expanding in October. Kazakhstan exported 452.8 KMT of wheat in the second month of the season, up by 40% YoY

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Ukraine to realize the potential of corn exports after settling logistics problems

In 2016/2017 MY the export potential of Ukrainian feed corn totals nearly 18 million tons, up by 9% YoY. At the same time, in October Ukraine exported over 1

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Estonia: Elering announces tender for designing and building Estonian-Latvian power connection

As part of building the third power connection between Estonia and Latvia, Estonian power grid operator Elering has announced a procurement tender for designing and constructing the Estonian side of the project

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Bulgaria: winter crops sowing in late November 2016

Air temperatures dropped and winter crops stopped growing in Bulgaria from November 21-30. In West Bulgaria air temperature fell to 10-13 degrees C below zero

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Belarus: gold and forex reserves up in November 2016

In November Belarus’ gold and foreign exchange reserves rose by $21.2 million if calculated in accordance with methods of the International Monetary Fund

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Ukraine: grain exports up

According to the Agriculture Ministry, Ukraine exported 18.38 MMT of grains in the season 2016/2017 by December 1, up by 5.9% YoY. In particular, the exported volumes included 10

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Belarus: snow to protect winter crops from low temperatures

The weather conditions are fair at the onset of winter crops’ dormancy. Most fields in the country are covered with 5-2 cm of snow. The soil is not frozen deeply yet, mostly to 1-8 cm; this depth reaches 10-13 cm just in some areas of Belarus

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Azerbaijan: Baku airport serves 3 million passengers in January-November 2016

The Heydar Aliyev International Airport served more than 231,000 passengers in November, up by 23% YoY, the airport’s press service said

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Asia: Azerbaijan, Kazakhstan, Turkey and Georgia railway bodies ink MOU

Heads of railway authorities of Azerbaijan, Kazakhstan, Turkey and Georgia signed a memorandum of understanding (MOU) in Baku on prospects of development of the Trans-Caspian International Transport Route (TCITR), a message from Azerbaijan Railways CJSC said

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Ukraine: barley exports up in October 2016

According to official information, Ukraine exported 525 KMT of barley in October, up by 16.4% YoY (451.1 KMT). In total, Ukraine has increased its barley exports by 3

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Azerbaijan: Central Bank expects export decrease in 2016

In 2016 Azerbaijan’s exports will decline by 18% YoY, or by $2.8 billion, the CBA Chairman Elman Rustamov said. Earlier Rustamov noted that Azerbaijan’s exports would be about $12

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Azerbaijan: another 26 agroparks to be built

It is planned to build another 26 agroparks in Azerbaijan, the country’s Economy Minister Shahin Mustafayev said. He said that the agroparks would be built in 19 districts of Azerbaijan

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Turkmenistan: Afghanistan to get $1 billion for transit via TAPI pipeline

Afghanistan will profit by more than $1 billion per year for gas transit via the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. Necessary infrastructure facilities – plants, gas compressor stations and gas purification plants will be built along this energy bridge

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Ukraine: agro-industrial complex provides more than half of the growth of capital investments in the economy

In January-September the share of agro-industrial complex in the general growth of capital investments in Ukraine reached 51.3%, including the agricultural component at 39

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Azerbaijan: ADB approves $500 million loan to support economy

The Asian Development Bank (ADB) approved a $500 million loan to help Azerbaijan maintain social spending, create jobs, and diversify its economy to mitigate the adverse impact of a crash in oil prices, ADB said in a message

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Latvia: rail cargo transportation up

Continuing last year’s autumn trend, the volume of cargoes carried by Latvijas dzelzcels had increased in November. The volume of cargoes transported by rail reached 4

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Ukraine: insufficient efforts to battle corruption threaten foreign assistance

The European Court of Auditors (ECA) has expressed reservations about significant amounts of financial assistance rendered to Ukraine. The assistance program from 2007 to present has resulted in limited results, according to a statement of EU financial observers

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Ukraine: Nika-Tera transships over 1.6 million tons of grains in January-October 2016

In January-October the sea terminal Nika-Tera (Sea Special Port Nika-Tera LLC, Mykolaiv, part of Group DF) shipped 1.676 million tons of grain cargoes, which formed 55

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Latvia: 2016 marks a surge in corporate lending

In the first three quarters of 2016, Latvian enterprises were provided with bank loans for a total amount of 1.4 billion euros, up by 40% YoY, according to the estimates of the Latvian Association of Commercial Banks and Finance and Capital Market Commission

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Uzbekistan to raise prices on alcohol

The minimum wholesale and retail prices on alcoholic beverages (except for beer) in Uzbekistan will be raised starting from January 1, 2017, according to a joint decision of the country’s Ministry of Finance and the State Tax Committee

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Ukraine: Kyiv to send some 23 billion UAH to modernize infrastructure and transport by 2019

Kyiv authorities seek to find around 23 billion UAH to modernize the overland transport network and infrastructure and similar programs by 2019

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