Both domestic and export prices of Ukrainian grains followed downward trends last week. Export prices for Ukrainian milling wheat closed the week down on average by $1-2/MT FOB. Its prices were pressured both by the upcoming new crop and a trade slowdown in the season’s end. Ukraine has already almost fully realized its wheat export…
The repair of the hydropower plants in Kyrgyzstan is dragged on due to the disagreements among the tender participants. Electric Stations OJSC reported. The company said that a tender for a total cost of 43.5 million soms was announced for the repair of equipment at Toktogul, Shamaldysay, Uch-Kurgan, At-Bashi HPPs. Applications were submitted by three…
In January-March the exports of goods and services from Ukraine totaled $12.4 billion, up by 28% YoY, or by $2.7 billion, the Ministry of Economic Development and Trade of Ukraine reported. In particular, in the reporting period the exports of goods increased by 34.4%, or by $2.7 billion, and totaled $10.4 billion. Agricultural products and…
Kazakh President Nursultan Nazarbayev visited the new Nurly Zhol railway station and familiarized with its modern infrastructure. The head of the national railway company Kazakhstan Temir Zholy Kanat Alpysbaev told the president about the implementation of the program for the development of high-speed passenger traffic and the development of the new railway junction in Astana.…
An International Monetary Fund (IMF) mission, led by Paul Ross, visited Dushanbe on May 17-30 to conduct the 2017 Article IV consultation discussions. The team reportedly welcomed the authorities’ intention to resume discussions on a possible IMF program, and discussed steps that would demonstrate reform progress and pave the way to resume program negotiations. At…
Restructuring of external debt of the International Bank of Azerbaijan (IBA) has not affected the country’s banking sector and the interaction between other commercial banks, as well as between banks and their customers, said Zakir Nuriyev, head of Azerbaijan Banks Association (ABA). “The state has been fulfilling its obligations to IBA from the first day,…
Turkish company Onur Construction International LLC has won two tenders to build sections of public roads in Lviv region for a total amount of UAH 968 million. According to data from the ProZorro procurement system, Onur Construction International won a tender for the repairs of the public highway T-18-06 Rivne – Mlyniv – Berestechko –…