Belarus: Bellesbumprom enterprises branch out into 12 new markets in 2016

Bellesbumprom enterprises branched out into 12 new markets in 2016, Bellesbumprom spokesperson Ruzhena Novitskaya said. “The export geography of Bellesbumprom enterprises included such new destinations as Bangladesh, Bahrain, Cameroon, Kenya, South Africa, Sri Lanka, Morocco, the UAE, Albania, Iraq, Israel, and Luxembourg. In January-November 2016, the enterprises of Bellesbumprom exported $268.5 million worth of products…

Ukraine: application for gas transit via GTS up

Russia’s Gazprom increased an application for Russian gas transit via the Ukrainian gas transport system (GTS) by 10% compared to first days of January, to 278.9 million cubic meters, spokesman for the pubic joint-stock company Ukrtransgaz Maksym Beliavsky has said. “By the way, Gazprom sent the expanded application for transit to Europe – 278.9 million…

Azerbaijan to create joint drug plants with Turkey and Ukraine

Azerbaijan is holding negotiations to create pharmaceutical plants jointly with Turkish and Ukrainian companies, Shahin Mustafayev, Azerbaijani economy minister and chairman of the country’s Tariff (price) Council, said. Mustafayev noted that currently those Turkish and Ukrainian companies were preparing business plans and documents on technical justification of their projects. “Meanwhile, work is being carried out…

Ukraine: electricity exports in 2016

In 2016 Ukraine exported $152.063 million worth of electricity, in particular $14.278 million in December 2016. According to the State Fiscal Service, electricity delivered to Hungary amounted to $119.317 million last year, to Poland to $32.392 million, Moldova to $347,000, and other countries to $7,000. Thus, in money terms exports of Ukrainian electricity last year…

Kazakhstan: inflation hits 8.5% in 2016

Inflation rate in Kazakhstan hit 8.5% in January-December 2016, Statistics Committee of the Ministry of National Economy of Kazakhstan reported. Food prices have increased by 9.7%, non-food items’ prices have gone up by 9.5%, and paid services’ prices have increased by 6.1% since early 2016. In December 2016 the inflation rate was 0.9%. Food prices…

Azerbaijan: new appointments in Tax Ministry

Habil Mammadov and Sarkhan Mammadov have been appointed heads of new departments at the Azerbaijani Ministry of Taxes, says a message on the ministry’s website. Habil Mammadov was appointed the director general of the Special Revenues Department and Sarkhan Mammadov was appointed the director general of the Baku City Department for work with small entrepreneurs.…

Ukraine: Ukrtransnafta to pump Urals oil from Odessa-Kremenchuk oil pipeline

Public joint-stock company Ukrtransnafta has made arrangements with public joint-stock company Ukrtatnafta (Kremenchuk oil refinery) on the transshipment of Urals crude oil pumped from the Odessa-Kremenchuk oil pipeline to railway tankers to transport it and pump it to the second line of the Druzhba oil pipeline, First Deputy Director General of Ukrtransnafta Andriy Pasichnyk has…

Belarus and Pakistan mull over joint ventures

Ambassador Extraordinary and Plenipotentiary of Belarus to Pakistan Andrei Yermolovich met with Tariq Fatemi, Minister of State for Foreign Affairs, Special Assistant to the Prime Minister of Pakistan, to discuss a wide range of matters of bilateral cooperation and review the status of implementation of the agreements signed during top-level visits, the press service of…