Ukraine: over 35% of goods exported to EU

Export of Ukrainian goods and services to the European Union countries amounted to 35.7% in January-September, Deputy Economic Development and Trade Minister of Ukraine Natalia Mykolska said. “We see a trend that the EU actually remains our main trading partner, and our exports to the European Union grow. The goods constitute the bulk of exports…

Ukraine: TogliattiAzot ammonia transit to restart in 2017

Ukraine’s state ammonia transportation firm Ukrkhimstransammiak and Russian chemicals producer TogliattiAzot may sign an agreement to resume transit of TogliattiAzot’s ammonia via Ukraine after the New Year holidays, First Deputy Prime Minister Stepan Kubiv said. “Regarding Transammiak – the limit was reached this year, so, correspondingly, an agreement on restoration of this work should be…

Azerbaijan and Iran to mull expansion of co-operation in banking sphere

Azerbaijan intends to expand cooperation with Iran in banking sphere, Azerbaijan’s Economy Minister Shahin Mustafayev said. The banking sphere is one of the most prospective directions for the expansion of the Azerbaijani-Iranian cooperation, the minister said. He noted that as part of the intergovernmental commission’s meeting, such structures as the Financial Market Supervisory Authority and…

Azerbaijan and Iran to mull North-South corridor’s implementation

Azerbaijan and Iran will discuss the second stage of implementation of the International North-South Transport Corridor, Azerbaijani Economy Minister Shahin Mustafayev said. The first stage of implementation of the North-South transportation corridor is nearly completed, said the minister. “We are already completing the construction of the railway to the Iranian border and the railway bridge…

Azerbaijan-Iran drug plant’s foundation to be laid in January 2017

Foundation of the Azerbaijan-Iran joint pharmaceutical plant in the Pirallahi Industrial Park will be laid in January 2017, Azerbaijani Economy Minister Shahin Mustafayev said. Iran’s Minister of Cooperatives, Labor and Social Welfare Ali Rabiei will take part in the groundbreaking ceremony of the plant which is an Azerbaijan-Iran joint enterprise, Mustafayev said. Over $30 million…