Since the beginning of 2016/2017 MY, Ukraine exported 18.4 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared, referring to the State Fiscal Service. In particular, wheat exports totaled 10.1 million tons, corn – 4.5 million tons, and barley – nearly 4 million tons. Also, flour export volumes reached 134.2…
Minsk-based OAO Amkodor and Belarus’ Saleo Group plan to build three new plants in 2017 and implement other projects with a total investment portfolio of $500 million, Igor Kayuda, Amkodor’s Director for Innovations and Investments, reported. Chinese credits will account for 80% of project investments. As previously reported, Amkodor and Saleo Group signed three contracts…
Azerbaijan has enough potential to export its agricultural products to the US markets, Deputy Assistant Secretary of Commerce for Europe, the Middle East and Africa at the US Department of Commerce Michael Lally said. Azerbaijan has determined its way by setting the task to develop the non-oil sector of the economy, he said. Lally said…
Baku may turn into an international hub for postal shipments from Asia to Europe, Director General of the Universal Postal Union Bishar Hussein reported. Postal technologies are used for online shopping, he said. Goods and services from the Far East, China, Indonesia, and all the other countries with tiger economies can now be delivered to…
According to the State Statistics Service, sunseed stocks in Ukraine totaled 7992 KMT as of November 1, up by 6.7% YoY (7492.1 KMT). Growers held 4516.8 KMT out of this amount, while storage and crushing facilities accounted for 3475.2 KMT. Crushers increased soybean stocks by 56% to 1201.5 KMT as of November 1. At the…
Azerbaijan Railways CJSC and Switzerland’s Stadler Rail AG will expand bilateral cooperation, said a message from Azerbaijan Railways. This was decided during a meeting of Chairman of Azerbaijan Railways CJSC Javid Gurbanov and Stadler President Peter Spuhler. The message doesn’t specify the directions in which the two sides are planning to expand their cooperation. “During…
Belarus’ chemical company OAO Grodno Azot plans to finalize the project worth $170 million to build a nitric acid plant. The new facility will produce 1,200 tons of acid a day. Grodno Azot started building the new plant in October 2015. Germany’s ThyssenKrupp Uhde GmbH (Dortmund) won a tender to produce design specifications and estimates…