Kyrgyzstan: Pakistan interested in cooperation

Pakistan is interested in partnership with Kyrgyzstan in such spheres as medicine, pharmaceuticals industry, IT technologies, agriculture, and also in the mining industry, members of the Chamber of Commerce and Industry of Iran stated at a meeting with delegation of the Parliament of Kyrgyzstan. The Speaker Chynybay Tursunbekov said that Kyrgyzstan had created a liberal…

Kazakhstan: two banks to merge

The shareholders of Kazakhstan’s Tengri Bank and Capital Bank Kazakhstan have signed a memorandum of intent to merge, the press-services of two banks said in a message on March 15. The bank’s consolidated capital will be 43.2 billion tenge and the bank will rise to the 17th place among second tier banks in Kazakhstan. Currently,…

Ukraine not participating in PrivatBank’s arbitration against Russia in The Hague

Information that Ukraine is allegedly actively engaged in international court proceedings initiated by PrivatBank against the Russian Federation regarding the compensation of damage from the loss of the banking business and assets due to illegal Crimea annexation is false, the Finance Ministry of Ukraine has reported. “The Ukrainian State does not participate in the claims…

Ukraine: gas import price up in February 2017

Ukrainian enterprises in February imported gas at an average price of UAH 6,681.88, or $246.88 per 1,000 cubic meters, the Ukrainian Ministry of Economic Development and Trade reported on its website. In January the price of imported gas was $229.51 (UAH 6,032.85). The price of imported gas in January 2016 was $231.41 (UAH 5,542.82), $200.39…

Russia: NCSP turnover flat in January-February 2017

NCSP Group says its consolidated cargo turnover for January-February comprised 23800 thousand tons, in line with first two months of 2016. Transshipment of cargo in February totaled 11130 thousand tons versus 12670 thousand tons in January, mostly because February was a shorter month also beset by adverse weather. In February storm warnings at the port…

Belarus: dairy farming practices praised

Belarus’ experience in dairy farming is great and is worth to learn from, Chairman of the National Union of Milk Producers Soyuzmoloko (Russia) Andrei Danilenko said. “There is no denying that Belarus has a number of objective advantages that enable its farmers to manufacture highly-competitive products in terms of prices. Firstly, Belarus has long been…