Kazakhstan: foreign investments up in H1 2016

Gross inflows of foreign direct investment grew in Kazakhstan in the first half of 2016, Kazakh Investment and Development Ministry reported. Direct investment hit $9.3 billion in this period, up by 25.8% YoY, Investment and Development Minister Zhenis Kasymbek said at the government meeting. According to the minister, as much as 60% of these investments…

Ukraine: seaports grain exports halved in the second week of November 2016

On November 7-13, Ukraine exported 463.3 thousand tons of grains from the seaports, against 835.9 thousand tons on the previous week.

In particular, wheat shipments reached 101.7 thousand tons, barley – 74.3 thousand tons, and corn – 287.3 thousand tons. (APK-Inform/Business World Magazine)

Belarus: winter crops face bad weather conditions

Due to predominantly below-normal temperatures, winter crops faced bad weather conditions for their growth and development in October. In most of the country, the accumulated sum of effective degree-days was lower than in October 2015 when winter crops were also exposed to warmth shortages. Winter crops stopped active growth one or two weeks ahead of…

Russia: ATB units not allowed to sail within water area of Big Port St. Petersburg

ATB units are not allowed to sail within water area of Big Port St. Petersburg from November 21 under the order of Port Harbour Master Aleksandr Volkov.

The decision was made amid deterioration of ice situation, subzero temperatures and ice forecasts for the water area of Big Port St. Petersburg. (Portnews/Business World Magazine)

Azerbaijan: WB ready to provide technical aid

The World Bank (WB) is ready to provide technical assistance to support the strengthening of macroeconomic stability in Azerbaijan, the WB leading expert Naoko Kojo said. Kojo made the remarks during his meeting with Rufat Aslanli, chairman of Board of Directors at Azerbaijan’s Financial Market Supervisory Authority. The sides discussed the current macroeconomic situation in…

Palestine: president paying visit to Turkmenistan

Palestine’s President Mahmoud Abbas is on a visit in Turkmenistan on November 13-15. Palestine and Turkmenistan are slated to sign documents on strengthening and expansion of cooperation following a meeting between Abbas and the Turkmen President Gurbanguly Berdimuhamedov. Priority areas of bilateral relations will be discussed in the upcoming high-level negotiations between Turkmenistan and Palestine…

Ukraine: UOP at Indo Defense-2016

“Antonov” aircraft, Ukrainian armored vehicles and other developments of the SC “UkrOboronProm” attracted the most attention not of the visitors’ only, but also hosts of international exhibition Indo Defence-2016. Ukrainian specialists held talks with many Indonesian national security, defense and law enforcement agencies, most of which were held directly at the stand of the State…

Ukraine: Ukrzaliznytsia and KCBW to cooperate in rolling stock production and modernization

PJSC Kriukov Car Building Works (KCBW, Poltava region) and PJSC Ukrzaliznytsia intend to cooperate in production and modernization of rolling stock for Ukrainian railways as the parties have signed a corresponding memorandum. According to the press service of Ukrzaliznytsia, the document was signed by KCBW head Volodymyr Prykhodko and Ukrzaliznytsia chairman Wojciech Balczun, as well…

Iran: Tehran and Baku discuss shipping co-op

Iranian Ports and Shipping Organization officials during a visit to Baku discussed prospects of bilateral cooperation with their Azerbaijani counterparts. The Iranian delegation was led by Managing Director of Ports and Maritime Organization Jabar Jalilian, while the Azerbaijani side was represented by Rauf Valiyev, the chairman of Azerbaijan Caspian Shipping Company. The sides discussed cooperation…