Ukraine: sunflower oil production up

During the period of export duties on sunflower seed in Ukraine (1999-2016), sunflower oil production volumes increased 9 times (from 510 thousand tons, to 4.6 million tons per year). The exports of sunflower oil increased 20.9 times (from 206 thousand tons to 4.3 million tons), association Ukroliyaprom said as to the draft law No. 1837…

Ukraine: memorandum with grain exporters signed

On July 12, the Ministry of Agrarian Policy and Food of Ukraine signed the Memorandum of understanding with market participants – exporters of grains for 2016/2017 MY, declared the press-service of the Ministry. In particular, the parties agreed to coordinate the volumes of grain exports from the country in the new season “to ensure food…

Turkmenistan eyeing possibility of exporting electricity to Pakistan and Tajikistan

Prospective routes are becoming much more certain for the Turkmen electricity export, in particular to Pakistan and Tajikistan, says the Turkmen government. The message also said export opportunities could be expanded thanks to the commissioning of the gas-turbine power plant with annual capacity of 254 megawatts in the Beyik Turkmenbashy district of Turkmenistan’s Lebap region.…

Russia: imports of sour cherry from Afghanistan and peaches from Somali banned

Russia bans import of sour cherry and cherry from Afghanistan and peaches and nectarines from Somali because of suspected smuggling of such products, the Russian veterinary and phytosanitary watchdog Rosselkhoznadzor said. Temporary restrictions are introduced on import of such products to Russia through third countries as well. Measures are taken in connection with deliveries of…

Russia: seaports grain shipments up in H1 2016

In January-June the seaports of Russia increased the shipment volumes of grains by 29.4% YoY, to 12.1 million tons, the Association of Sea Commercial Ports of the Russian Federation announced. At the same time some increasing of mineral fertilizers shipment by 9.9%, to 8.5 million tons, was observed. The general cargo turnover in the Russian…

Russia: economic indicators decline slowed down

The decline in Russia’s key economic indicators has slowed down due to implementation of the government’s supportive measures, though they are still in the negative zone, Prime Minister Dmitry Medvedev said Tuesday. “The situation on global financial markets is still unfavorable for us. Though our key economic indicators have narrowed losses they’re still in the…

Ukraine: new season for sunflower oil market

In the season-2016/2017 the production of sunflower oil in Ukraine will increase to 5.36 million tons, against 4.78 million tons in the previous year, due to significant increasing of sunflower seed production in the country. As a result, the key country-exporter of sunflower oil in the world will increase its shipments by 0.55 million tons…

Kyrgyzstan: GDP down in H1 2016

Kyrgyzstan’s GDP fell by 2.3% in the first half of 2016, Deputy Chairman of the National Statistics Committee of KR Lyuksina Tekeeva reported today at a press conference. According to her, since the beginning of the year, GDP amounted to slightly more than 176 billion soms. It decreased compared to 2015, although the drop is…

Ukraine: Energoatom seeking to cooperate with Spain’s IDOM in engineering

Representatives of National Nuclear Generating Company Energoatom have discussed a possibility of cooperation in infrastructure and engineering projects with Spain’s IDOM Ingenieria, the company’s press service reported. The press service said that special attention was paid to IDOM projects implemented in the nuclear and energy sector: stress tests at all Spanish nuclear power plants (NPPs),…