Enterprises affiliated with the Agriculture and Food Ministry increased exports 2.4-fold to the countries of Asia and Oceania in January-May, Aleksei Bogdanov, Head of the Central Office for Foreign Economic Activities of the Belarusian Agriculture and Food Ministry, reported. “Work on export diversification continues. We have seen positive dynamics practically on all tracks except Russia.…
Kazakhstan has started supplying flour to Afghanistan through the new railway route, the press service of Kazakhstan Railways JSC reported. A flour-laden train has been sent from Kostanay station to Afghanistan, and the train will pass through the territory of Kazakhstan and Turkmenistan, according to the report. The length of the Kostanay-Bolashak-Serhetabad (Turkmenistan) route is…
In the first half of 2018, Ukrainian honey exports decreased by 43% YoY. “They totaled almost 17,000 tons worth $37 million,” Ann Burka, consultant at the Food and Agriculture Organization of the United Nations (FAO), posted on her Facebook page. According to FAO’s data for last year, Ukraine became one of the world’s three leading…
In January-June seaports of Ukraine handled 63.8 million tons of cargo, down by 3.1% YoY, says press center of Ukrainian Sea Ports Authority. The decrease should be attributed to the fall of grain exports (-10.3%) and ore exports (-26.5%). Total transshipment of export cargo fell by 8.9%, to 46.1 million tons. The highest growth in…
The administrator of the liquidated Latvijas Krajbanka recovered EUR 1,038 million in June, up 6.9-fold MoM, according to the official outlook published in Latvian Herald. The bank’s administrator has recovered all the money from issued loans in June. With that the administrator recovered EUR 1.865 million in the first half year of 2018. At the…
In January-June the retail sector in Belarus expanded by 9.3% YoY, to Br21 billion, the National Statistics Committee reported. In H1 wholesale trade totaled Br44.4 billion, up by 6.8%. In January-June one-day retail sales per capita made up Br12.2 as against Br10.9 in January-June 2017. Retail trade by trade companies accounted for 88.9% of the…
The Central Bank of Azerbaijan can again reduce the discount rate during the next meeting of the Board, Director of the Training Center of the Ministry of Taxes of the country, economist Farhad Amirbekov believes. The expert noted that macroeconomic indicators were favorable for further reduction of the discount rate. “The situation is stable from…