The private Egyptian grain trading company Medsofts plans to re-export 31 thousand tons of Russian wheat, after the Egyptian quarantine authorities rejected to unload the shipload contracted in July, due to detection of the ergot fungus traces. The wheat shipload arrived to the Egyptian port of Damietta in July, Medsofts was unable to get clearance…
Belarus plans to export dump trucks and mining equipment to Armenia. The issue was discussed during the trip of Belarusian Ambassador Igor Nazaruk to Armenia’s Syunik Province. The Ambassador visited a number of Armenian mining enterprises, in particular, Zangezur Copper and Molybdenum Plant, Agarak Copper and Molybdenum Plant, Kapan Mining and Processing Plant. The meeting…
Belarus and China have stepped up efforts to reach a new level of cooperation that will include direct investments into all spheres. Deputy Head of the Belarus President Administration Nikolai Snopkov made the statement during the seminar held on September 9, to discuss ways to couple the manufacturing potentials of Belarus and China. Nikolai Snopkov…
In 2016, the general grain harvest in Ukraine will reach 62.3 million tons, up by 2 million tons YoY, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi declared. But some industrial associations estimate the grain production at a much higher level, he added. Previously the Ministry of Agrarian Policy forecast grain harvest…
In January-August Ukraine imported $902.221 million worth of coal and anthracite, in particular $104.331 million in August. According to the State Fiscal Service, Russia supplied coal for $594.937 million, the United States for $132.658 million, Australia for $49.461 million, other countries for $125.165 million. The total volume of coal delivered to the country for the…
The combined net profit of Russian banks amounted to 537 billion rubles in January-August and it is expected to exceed 700 billion rubles overall in 2016, Deputy Central Bank Chairman Mikhail Sukhov said. He said that the January-August net profit exceeded the central bank’s earlier forecast, which stood at 500 billion rubles. Retail lending declined…
Azerbaijani state oil company SOCAR expects compromise proposals from the Greek government for the successful completion of the deal on acquisition of a stake in Greece’s gas transmission system operator DESFA, Director General of SOCAR Energy Greece Anar Mammadov reported. He said that the new rules for calculating tariffs for gas in Greece would have…