Belarus reports $2.397 billion commodity trade deficit in January-September 2016

Belarus’ foreign trade deficit stood at $2.397 billion in January-September to compare with a $1.844 billion deficit in January-September 2015, according to the National Statistics Committee (Belstat). Commodity exports decreased by 15.7% YoY, to $17.245 billion, while imports decreased by 11.9%, to $19.642 billion. Exports from Belarus included $10.422 billion worth of supplies to the…

Ukraine: 1 million tons of sugar produced

Sugar production in Ukraine as of November 1, totaled 1.04 million tons. According to the Ukrtsukor national association of sugar producers, almost 7.1 million tons of sugar beets had been processed as of November 1. “A year ago we had 774,500 tons of sugar. The quality indicators also changed: sugar production effectiveness grew by 0.3%.…

Kazakhstan: harvesting campaign of grains completed

According to regional agricultural departments, as of November 1, Kazakhstan completed the harvesting campaign of grains. Agrarians produced 23.68 million tons of grains. The average yield totaled 1.54 ton/ha, the Ministry of Agriculture of the Republic of Kazakhstan declared. As of the reporting date, agricultural enterprises harvested grains throughout 15.353 million ha, or 100% of…

Ukraine: impacts of sowing on tight schedule

In Ukraine winter crops sowing campaign for the 2017 crop is accompanied by different cataclysms. Severe drought during optimal seeding terms delayed sowing season in September. In early October machinery could not work in fields in the South because of rains. In late October freezing weather became another complication. Thus, Ukrainian farmers had only several…

Azerbaijan eyes closer contact with OPEC

OPEC Secretary General Mohammad Sanusi Barkindo received Azerbaijani Minister of Energy Natig Aliyev and Ambassador and Permanent Representative of the Permanent Mission to the International Organizations in Vienna Galib Israfilov. Non-OPEC countries were invited to join in talks following the Algiers Accord, reached in Algeria on September 28. Natig Aliyev said that Azerbaijan was very…

Russia: Nizhnekamskneftekhim masters bimodal polyethylene for the production of sheathed power cable

PJSC «Nizhnekamskneftekhim», in cooperation with the enterprises of Tatarstan, is mastering a new development in production i.e. the production of bimodal polyethylene for power cable sheath. Nizhnekamsk polyethylene can be used as an alternative to imported materials in the production of power cables. These are the results of comparing the quality indicators of the polyethylene…

Azerbaijan: 101 state properties to be auctioned

An auction for privatization of state-owned properties in Azerbaijan will be held on November 1, Azerbaijani State Committee on Property Issues said. The auction will see 101 state properties and facilities put up for sale, including 23 joint-stock companies, 62 small enterprises and properties, as well as 16 vehicles. Joint-stock companies include enterprises operating in…

Ukraine: Ukroboronprom to continue buying steel in EU for Dozor-B armored vehicles

Ukroboronprom State Concern will continue buying steel for new Dozor-B armored vehicles on the European Union (EU) market. The press service of the concern reported that the conditions of developing international industrial cooperation under the Dozor-B program were discussed during the negotiations with Poland’s Huta Stali Jakosciowych S.A., the European supplier of certified armored steel.…

Ukraine: foreign investment should be attracted to pharmaceutical sector

The implementation of the imports replacement concept in the Ukrainian pharmaceutical sector is possible with the approval of the strategy for attracting foreign investment, President of the Association Manufactures of Medications of Ukraine (AMMU) Petro Bahriy has said. “The foreign direct investment attraction concept for the Ukrainian pharmaceutical sector should be drawn up, not the…

Ukraine: winter crops need more warmth

According to observations, winter wheat, sown as of October 10, emerged unevenly for the 15-17 day after the sowing. Thus, there is a possibility that warmth will not be enough for winter crops and vegetation will stop in the poorly developed condition “emergence – 3 leaves”. Last year winter crops stopped to vegetate on December…

Turkmenistan builds railway to Afghanistan

Construction of the Atamyrat-Imamnazar (Turkmenistan) – Akina (Afghanistan) section of the Asian International Railway Transport Corridor (Phase 1) has been completed, the Foreign Ministry of Turkmenistan said in a message on October 31. Construction of the Turkmen-Afghan railway started on June 5, 2013. The total length of the transnational highway is 88 kilometers, 85 kilometers…

Albania: TAP construction continues successfully

The work on construction of the Trans-Adriatic Pipeline (TAP) in Albania continues successfully. Twenty-two kilometers of pipes have already been strung along TAP’s route in Albania and welding of around 14 pipes has been completed there, Albania’s Minister of Energy and Industry Damian Gjiknuri tweeted. The TAP project envisages transportation of gas from the Stage…