Ukraine: sunseed exports up in October 2016

Ukraine substantially boosted sunseed exports in October and they hit five-year high. 59.1 KMT of the product was exported that month against 2.9 KMT in September and 7.4 KMT at the same time last season. Ukraine exported a total 62 KMT of sunseed in 2016/2017 (September-October) that is seven times the volume shipped for the…

Belarus: thaw to shortly destroy snow cover

The meteorological conditions in Belarus are currently favorable for survival of winter crops. Snow cover protected crops against freeze that occurred in early December. Soil temperature at the tillering node depth in winter cereal plantings is at sub-zero values close to 0 degrees C. As thaw has set in, snow cover will be destroyed in…

Azerbaijan: parliament amends tax legislation

The Azerbaijani parliament adopted a set of amendments to the country’s tax legislation, which will come into effect on January 1, 2017. The amendments include the taxation of operations with offshore companies, limiting cash payments made by big entrepreneurs, operating in trade and public catering, to 30,000 manats per month, the taxation of legal entities…

Azerbaijan looking for new economic model

Azerbaijan’s economic model covering the last 10 years has proved to be valuable, Shahmar Movsumov, executive director of the State Oil Fund of Azerbaijan (SOFAZ), reported. “Over the last decade, this economic model has turned Azerbaijan into a completely new country and helped create modern infrastructure. However, in the new economic environment this model ceased…

Azerbaijan: number of foreign trade partners up

Some 183 countries became Azerbaijan’s foreign trade partners in January-November compared to 162 countries in the same period of 2015, the country’s State Customs Committee said in a report. According to the report, 13,244 legal entities and individuals (of them 5,226 legal entities and 8,018 individuals) were involved in the country’s foreign economic activities. Azerbaijan’s…

Ukraine to import meat and milk from Ireland

Ukraine and the Republic of Ireland have discussed the issue of possible expansion of trade and economic cooperation, in particular, with regard to imports of Irish beef, pork, milk, and dairy products to Ukraine. This has been reported by the State Service of Ukraine on Food Safety and Consumer Protection following a meeting of Chairman…

Ukraine: Canada ratifies FTA agreement

The House of Commons of Canada has supported the ratification of a free trade area (FTA) agreement with Ukraine, according to the Deputy Minister of Economic Development and Trade, Ukraine’s Trade Representative Natalia Mykolska. “The lower house of the parliament of Canada unanimously supported the ratification of the FTA agreement between Ukraine and Canada”, she…

Ukraine: sunmeal exports up in October 2016

Ukrainian sunmeal exports totaled 349.8 KMT in October against 141.5 KMT in September and 348 KMT in October 2015. In 2016/2017 (September-October), this product’s shipments to foreign markets somewhat exceeded last season’s: 491.3 KMT against 487.1 KMT a year ago. Although exports in the first two months did not reach the high registered in MY…