Russia: agricultural production up in H1 2016

In January-June the volume of agricultural commodities production in Russia totaled 1.554 trillion RUR in current prices, an increase of 2.6% compared with the same period last year, the Federal State Statistics Service (Rosstat) declared. At the same time, in June the growth of production in the agricultural sector reached the level of 2.1% compared…

Russia: grain exports to break a new record

In 2016/2017 MY, the export volumes of Russian grains will exceed 36.1 million tons, which will become a new historical record for the country, the General Director at LLC ProZerno Vladimir Petrychenko declared. As a reminder, in 2015/2016 MY the export volumes reached 34.6 million tons of grains. Therefore, Russian wheat can keep its leading…

Georgia and Turkey mull issues of strategic partnership

Georgia and Turkey agreed to support extending the strategic partnership during the first meeting of the Strategic Cooperation Council between the two countries in Ankara, the Georgian government press office said. The one-day High Level Strategic Cooperation Council between Georgia and Turkey kicked off July 19 with participation of Georgian Prime Minister Giorgi Kvirikashvili and…

Turkmenistan: fuel and energy complex reformed

Turkmen President Gurbanguly Berdimuhamedov made a decision to abolish the country’s Oil and Gas Ministry to further improve the management of the oil and gas sector, the industry and regulate the flow of funds, the Turkmen government said. A department of the Cabinet of Ministers, which is subordinate to Turkmen Deputy Prime Minister Yagshygeldy Kakayev,…

Kazakhstan: car manufacturing down in H1 2016

Car manufacturing dropped by 62.2% YoY in Kazakhstan in H1 2016, to 2,980 cars, said the Kazakh Statistics Committee. Minibus production decreased by 23.7%, to 71 minibuses. During the period, the truck manufacturing in Kazakhstan increased by 16.6% and totalled 718 trucks. Three large car plants: Azia Avto, SaryarkaAvtoProm and Agromashholding – operate in Kazakhstan.…