Belarus’ GDP may drop by 2.5-2.6% in 2016 due to the ongoing oil dispute with Russia, Belarus’ Economy Minister Vladimir Zinovsky said. Belarus’ government had planned to achieve a slight YoY GDP growth in 2016 (official forecast – 0.3%). Belarus’ President Alexander Lukashenko said in November that the country’ GDP would reduce by at least…
Belarus and Azerbaijan are analyzing the prospects of joint production of carpets and cotton fabrics, the Belarusian President’s press-service said in a statement following President Alexander Lukashenko’s talks with Azerbaijani President Ilham Aliyev. “In my opinion, Azerbaijan did the right thing when it decided to develop its cotton growing industry. Output figures will rise so…
The Belarusian-French interregional business forum takes place in Minsk on November 30 – December 1, according to the official website of the Belarusian Chamber of Commerce and Industry. The event marks the 40th anniversary of establishing twinning relations between Minsk and Lyon. The business forum has been organized following the agreements reached at the second…
The corporation Agroprodservice put into operation a plant for soybeans processing in Ternopil region, the press-service of the company declared. According to the announcement, the capacities of soybean processing are planned at the level of more than 35 thousand tons per year, the production volumes of high-caloric soybean cake – almost 30 thousand tons, crude…
The European Union (EU) and Azerbaijan’s Taxes Ministry have successfully completed the implementation of a joint twinning project on improvement of human resources management, the country’s Deputy Taxes Minister Sahib Alakbarov said. The twinning project’s implementation was carried out jointly with taxes administrations of the EU, France and Spain. “This project has become a successful…
Azerbaijan’s GDP amounted to 49.2 billion manats in January-October, down by 3.7% YoY, the country’s finance minister Samir Sharifov said. He made the remarks during a discussion on the draft state budget and the concept of social and economic development for 2017 and the next three years. The discussions on the draft state budget at…
According to Kazakh statistics committee, stocks of grains and legumes at all the enterprises as of November 1, were 18.84 MMT against 17.75 MMT on the same date in 2015 (+6.1%). Wheat stocks increased by 2.3%, to 15 MMT, which included 12.88 MMT of milling wheat and 978.9 KMT of feed wheat, 1149.2 KMT for…