Azerbaijan: Aliyev approves funding for construction of road in Sabirabad

AzerbaijanBy admin 2017-07-10 Leave a comment

Azerbaijani President Ilham Aliyev has signed an order to provide funding for the construction of Galagayin-Osmanli-Chol Beshdali-Zalgaraagach-Chol Agamammadli-Azadkend-Mugan Ganjali road in Sabirabad. Under the presidential order, 14.4 million manats is allocated from the state budget for the construction of the road connecting 15 residential settlements with a total population of 41,000 people. (Trend/Business World Magazine)

Belarus: gold and forex reserves exceed $6.5 billion

BelarusBy admin 2017-07-10 Leave a comment

According to the preliminary data, Belarus’ gold and foreign currency reserves totaled $6,561 million as of July 1, if calculated in accordance with methods of the International Monetary Fund, the Information and PR Department of the National Bank of the Republic of Belarus reported. In June the country’s gold and foreign currency reserves went up…

Ukraine: margarine market heading for recovery

UkraineBy admin 2017-07-10 Leave a comment

Ukraine’s large and medium-sized crushers produced 16.2 KMT of margarine in May. Although its May output shrank by 17.3% MoM, the margarine market continues to persistently recover this year. Production increased by more than 22% YoY (13.2 KMT). Margarine output grew to over 90 KMT in the first five months of MY 2017. Thereby it…

Ukraine: flour exports to Africa and the Middle East up in 2016-2017

UkraineBy admin 2017-07-10 Leave a comment

In 2016-2017 MY the export volumes of Ukrainian flour to African countries and the Middle East significantly increased. It is worth noting the increase in purchases by such countries as Somalia, which imported more than 30 thousand tons in July-May 2016-2017 MY, against 1.8 thousand tons in the whole previous season; Angola – over 28…

Belarus: food increasingly popular in Russia’s Tula region

BelarusBy admin 2017-07-10 Leave a comment

There is an increased demand for Belarusian foodstuffs in Tula region of Russia, First Deputy Governor – Chairman of the Tula region government Yuri Andrianov reported. In Tula there are 52 stores selling Belarusian foodstuffs. Severn more stores offer Belarus-made consumer goods. All in all, there are more than 150 retail outlets selling Belarusian products…

Ukraine: IMF to postpone allocation of one of its tranches until next year

UkraineBy admin 2017-07-10 Leave a comment

Due to the constant delay in the adoption of important bills that are key to the International Monetary Fund (IMF) in deciding on the allocation of the next tranche, one of these tranches could be disbursed next year, Acting NBU Head Yakiv Smoliy said. “Due to the delayed consideration of important bills that were key…

Ukraine: the foreign trade deficit down in January-May 2017

UkraineBy admin 2017-07-07 Leave a comment

In January-May the foreign trade balance of Ukraine in goods and services reduced to a deficit of $1.647 billion, a decrease of 9.2% compared with the deficit figures for the same period last year ($1.813 billion), the National Bank of Ukraine (NBU) informed. It is noted that in the reporting period the deficit of foreign…

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