“The budget of Kyrgyzstan for 2017 focuses on export,” the head of the Department of Finance and Credit Policy of the government Aziz Aaliev said. According to him, the budget is designed according to new principles. “The biggest problem is to live in an era of changes. Many state agencies have to change the legal…
A mini thermal power plant worth $8.82 million burning locally available fuel will be built in Volkovysk (Grodno Region) at the expense of credit resources provided by the International Bank for Reconstruction and Development, the Energy Ministry of Belarus reported. They plan to launch the power plant by May 2018. The plan is to install…
Belarus suggests taking stepwise action to create the single pharmaceutical market in the Eurasian Economic Union, Belarus’ Prime Minister Andrei Kobyakov said when speaking at an expanded-participation meeting of the Eurasian Intergovernmental Council in Sochi. Andrei Kobyakov noted that Belarus was concerned with the lack of progress in the development of the single internal market…
Belarus and Moldova will intensify cooperation in seed production, the Ministry of Agriculture of the Republic of Moldova reported. The matter was discussed during a meeting between Moldova’s Minister of Agriculture and Food Industry Eduard Grama and Director General of the Research and Practical Center for Arable Farming of Belarus’ National Academy of Sciences Fyodor…
As much as 750 million Russian rubles (RUB) will be poured into the Russian-Belarusian machine-building cluster based in Russia’s Cherepovets in the next decade, reads a message posted on the official web site of the governor of Russia’s Vologda Region. The regional government of Russia’s Vologda Region, Cherepovets Mayor’s Office, Cherepovets Castings Factory, Minsk Automobile…
Belarus’ exports of oil products dropped by 1% YoY in January-June to 8.86 million tons, Belstat said in a report. In value terms, Belarus’ exports of petroleum products decreased by 35%, to $2.45 billion. Belarus blames the drop in proceeds on the decline in oil prices on the global market. The largest volume of Belarusian…
Belarus’ chemical company OAO Grodno Azot has earmarked $9.6 million in the upgrade of air separation facilities at the methanol plant, a source in the profile ministry reported. The total value of the upgrade project is estimated at $42.4 million, including $9.6 million of own resources and $32.8 million worth of credits. The company plans…