In Kazakhstan there are nearly 250 milling plant which are able to process 11 million tons of grains, but to date they are loaded at nearly 40.3% of their capacities, the Director of the Grain Processors and Bakers Union of Kazakhstan Evgeny Gan declared. According to him, flour is the major export position, and it…
During the planting campaign in 2016, Kazakhstan increased the planted areas under wheat by 5.9% YoY, oilseeds – by 1.5%, pulses – 1.9 times, sugar beet – by 37.2%, the Committee on statistics at the Ministry of National Economy of Kazakhstan reported. At the same time, in the current year the planted area under corn…
Due to significant increasing of peas production in Ukraine in the current season, the exports of peas in 2016/2017 MY will reach the record level – 450 thousand tons. That is almost twice as much as last year. (APK-Inform/Business World Magazine)
IMF mission presented the report on economic situation in Belarus. The report mentions that during 2015-2016 economic condition in Belarus was defined by “the decrease in national currency rate, salaries and at the same time growth of unemployment”. Moreover, IMF forecasts further economic decrease. Without structural reforms minor growth (+0.5%) can be expected in 2018.…
Harvesting campaign in Kazakhstan is coming to its end. Kazakh farmers gathered 22 MMT of grain from 95% of the intended area owing to high productivity. Average grain yields in the country surpassed the last year’s level by 25%. As expected, this season Kazakhstan will obtain record high grain crop over the last five years.…
Russian gas giant Gazprom has established a company to develop systems for underwater production of oil and natural gas on the shelf, including the Yuzhno-Kirinskoye field off the island of Sakhalin in the Far East of the country, Deputy CEO Vitaly Markelov said. “The U.S. account for 81% of the market for systems of underwater…
The government of Georgia signed an agreement that grants the Anaklia Development Consortium (ADC) the exclusive right to construct, develop and operate the $2.5 billion Anaklia deep seaport, which would help establish a new maritime corridor from China to Europe. As part of the agreement, the government will invest $100 million in the construction and…