Ukraine: profitability of soybean and rapeseed production to increase in 2016

In 2016 Ukraine will keep the trend of increasing of the profitability of soybeans and rapeseed production, the Director of the National Scientific Center “Institute of Agrarian Economics”, Academician of the NAAS Yuri Lupenko declared. According to scientists of the Institute of Agrarian Economics, in the current year the profitability of soybean production will increase…

Turkmenistan and OSCE cooperate in energy security

Turkmen President Gurbanguly Berdimuhamedov met with OSCE Secretary General Lamberto Zannier in Ashgabat. According to the message, the priority aspect of cooperation is to ensure energy security as an important factor of global sustainable development. “Strengthening of the constructive cooperation with the OSCE is an important priority of Turkmenistan’s foreign policy strategy,” President Berdimuhamedov said.…

Turkmenistan and Georgia promote joint transport projects

Turkmen President Gurbanguly Berdimuhamedov discussed the further cooperation prospects at the meeting with his Georgian counterpart Giorgi Margvelashvili. Stressing that Georgia played an important role in the integration of the Black Sea and the Caspian Sea, President Margvelashvili confirmed the readiness to act as a reliable partner in the implementation of joint transport projects, the…

Turkmenistan one of most promising partners for Austria

Turkmen President Gurbanguly Berdimuhamedov met with Karlheinz Kopf, the second president of the Austrian National Council, the Turkmen government said in a message. According to the message, Berdimuhamedov and Kopf discussed the issues of cooperation, established in a bilateral format and through big international organizations and authoritative organizations. The sides also exchanged views on the…

Ukraine: Infrastructure Ministry simplifies certification of cars made not in EU

Ukraine’s Ministry of Infrastructure has agreed on the possibility of certification of alternative technical requirements for an individual approval of wheeled vehicles, produced in countries not being EU members. The corresponding decision is fixed in the ministry resolution dated November 18, posted on its website. Certification authorities will be provided with the conclusions of the…

Ukraine: EU to promote fast introduction of trade preferences for government

The European Union has stated its willingness to promote fast introduction of autonomous trade preferences provided for the Ukrainian government. Ukrainian President Petro Poroshenko said this during a joint press conference with President of the European Council Donald Tusk and President of the European Commission Jean-Claude Juncker following the Ukraine-EU Summit, the president’s press service…

Azerbaijan: privatization in investment tenders gives $1.1 billion

$1.1 billion have been invested in Azerbaijan’s economy through investment tenders, Rafig Jalilov, deputy chairman of Azerbaijan’s State Committee on Property Issues, said. Volume of the domestic production rose by 1.5 billion manats thanks to these investments, according to him. Around 47,000 industry, trade, transportation and other state facilities, as well as non-residential facilities and…

Ukraine: potential of organic production underused

Ukraine uses the potential of organic agricultural production by less than 10%, while this sector is promising for the development of small and medium-sized businesses, Agrarian Policy and Food Minister of Ukraine Taras Kutovyi said. “Ukraine has an extraordinary potential for organic production, which today is used by less than 10% of our capabilities. It…

Azerbaijan: no need to rush in privatizing large enterprises

Privatization of Azerbaijan’s large state enterprises, including state oil company SOCAR, requires time and such issues must not be hurried, Rafig Jalilov, deputy chairman of Azerbaijan’s State Committee on Property Issues, said. “It is needed to be consistent in such issues, since the privatization of large enterprises touches the issues of Azerbaijan’s economic independence”, Jalilov…

Azerbaijan and Iran to launch new passenger train

A passenger train will be launched between Azerbaijan’s Nakhchivan and Iran’s Mashhad before late November, Javid Gurbanov, head of Azerbaijan Railways CJSC, reported. Gurbanov said the train would start running either on November 27 or November 30. The Nakhchivan-Julfa-Tabriz-Tehran-Mashhad passenger train will run twice a week. Renewed cars will be used for the trips. (Trend/Business…