Ukrainian Deputy Prime Minister for European and Euro-Atlantic integration Ivanna Klympush-Tsintsadze has estimated the economic impact of a possible increase in EU quotas for Ukrainian agricultural products to reach $200 million. “We received proposals yesterday, and preliminary assessments by our Ministry of Agrarian Policy stand at about $200 million. It is farm produce alone, the…
DTEK Energo, managing assets in coal production, heat generation and distribution of DTEK energy holding, saw a 61.5% fall in net loss in January-June YoY, to 8.135 billion UAH. The company said in a press release that the main contributor to net loss reduction was continued Hryvnia devaluation, which resulted in exchange rate difference losses…
OAO Belgazprombank will act as an agent bank to secure the execution of an agreement between Belarus government and Gazprombank on financing Belarusian exports to Russia. In accordance with Belarus government resolution No. 769 dated September 27, Belgazprombank will charge a fee of up to 0.02% of the amount to be compensated by Belarus at…
The Belarusian national electrical company Belenergo and Siemens Company have signed a cooperation agreement, the Belenergo press service reported. The document was signed by Belenergo Director General Yevgeny Voronov and Siemens AG Vice President Willi Meixner. The sides intend to work together on the concept and preliminary technical solutions for using Siemens-made gas turbine power…
Belarus raised export duties on oil and oil products, exported outside the customs territory of the Eurasian Economic Union, on October 1. The relevant decision was stipulated by the Council of Ministers’ executive order No. 773 of September 27, the press service of the Belarus government reported. The export duty on crude oil goes up…
Belarus plans to increase its industrial production in Moldova, Belarus’ Prime Minister Andrei Kobyakov said, as he commented on the forthcoming official visit to Moldova. “We have been steadily developing bilateral cooperation. A number of assembly plants have already been set up. We plan new companies and think of increasing production”, Andrei Kobyakov said. According…
Belarus’ cargo traffic by all means of transport reduced by 4.5% YoY in January-August to 285.566 million tons, the National Statistics Committee of Belarus (Belstat) said in a report. Cargo transportation by railways in January-August stood at 81.602 million tons (down by 5% YoY), including transit cargo traffic – 20 million tons (down by 22.3%).…