Belarus: external state debt up in January-November 2016

As of December 1, 2016 Belarus’ external state debt totaled $13.5 billion, up by $1.071 billion or by 8.6% since the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry reportged. In January-November 2016 the external state borrowings totaled $1.76 billion, including $800 million borrowed from…

Belarus to start selling beef to China in Q1 2017

Belarus may start selling beef to China in Q1 2017, Belarusian Agriculture and Food Minister Leonid Zayats reported. The official noted that four Belarusian meat-processing companies had been reviewed and certified by Chinese experts. Another nine are willing to go through the same procedure. The Chinese side spoke in glowing terms about industrial standards of…

Belarus: budget for three years approved

The Council of Ministers of Belarus issued resolution No. 1094 on December 28, 2016 to enact the medium-term financial program of the central state budget for 2017-2019, the press service of the Belarusian government reported. The document stipulates a number of key economic indicators as well as social and economic development targets for the next…

Belarus to boost food exports to Russia in 2017

Belarus will sell more food to Russia in 2017 than in 2016, Belarusian Agriculture and Food Minister Leonid Zayats reported. The minister noted that the boards of the Belarusian Agriculture and Food Ministry and the Russian Agriculture Ministry decided on the amount of food supplies every year. “We set certain reference targets for Belarusian and…

Ukraine: EU cuts wheat imports

The European Union, which ranked second in Ukraine’s wheat export structure in the 2015/2016 marketing year, imported 450 thousand tons of the Ukrainian wheat in 2016, down 3-fold YoY. According to official figures, Ukraine’s wheat exports came to 1,382.7 thousand tons in November 2016, comparable to the amount recorded for the same period last year…

Russia: Krasnoye Sormovo shipyard completed first series of TSHD1000 ships

Krasnoye Sormovo shipyard (United Shipbuilding Corporation) has completed the series of Russia‚Äôs first dredgers of TSHD 1000 design having delivered the Kadosh to FSUE Rosmorport. Launched on October 5, the Kadosh successfully underwent mooring and sea trials. The acceptance/delivery certificate has been signed at the beginning of December. The Kadosh is intended for operation at…

Ukraine: Nibulon agricultural output up in 2016

In 2016 Nibulon increased its agricultural production volumes by 10% YoY, to 340 thousand tons, the press-service of the company declared. According to the Deputy General Director of agricultural production Kostiantyn Khmelnytskyi, early spring crops vegetation, prolonged spring with low air temperatures, rains at the end of spring and in the first half of summer,…