Azerbaijan has enough potential to export its agricultural products to the US markets, Deputy Assistant Secretary of Commerce for Europe, the Middle East and Africa at the US Department of Commerce Michael Lally said. Azerbaijan has determined its way by setting the task to develop the non-oil sector of the economy, he said. Lally said…
Baku may turn into an international hub for postal shipments from Asia to Europe, Director General of the Universal Postal Union Bishar Hussein reported. Postal technologies are used for online shopping, he said. Goods and services from the Far East, China, Indonesia, and all the other countries with tiger economies can now be delivered to…
According to the State Statistics Service, sunseed stocks in Ukraine totaled 7992 KMT as of November 1, up by 6.7% YoY (7492.1 KMT). Growers held 4516.8 KMT out of this amount, while storage and crushing facilities accounted for 3475.2 KMT. Crushers increased soybean stocks by 56% to 1201.5 KMT as of November 1. At the…
Azerbaijan Railways CJSC and Switzerland’s Stadler Rail AG will expand bilateral cooperation, said a message from Azerbaijan Railways. This was decided during a meeting of Chairman of Azerbaijan Railways CJSC Javid Gurbanov and Stadler President Peter Spuhler. The message doesn’t specify the directions in which the two sides are planning to expand their cooperation. “During…
Belarus’ chemical company OAO Grodno Azot plans to finalize the project worth $170 million to build a nitric acid plant. The new facility will produce 1,200 tons of acid a day. Grodno Azot started building the new plant in October 2015. Germany’s ThyssenKrupp Uhde GmbH (Dortmund) won a tender to produce design specifications and estimates…
The government will offset the losses on the export loans issued by the Belarusian banks in 2017-2018, reads Resolution No. 981 of the Council of Ministers of Belarus of November 30. The document was published on the national legal portal on December 2. The Council of Ministers made a decision to offset export loan losses…
Ukraine exported 137.1 KMT of rapeseed in October against 322.7 KMT in September and 167 KMT in October 2015. In total 693.6 KMT of rapeseed was supplied to foreign markets in July-October 2016/2017, i. e. down by 502.1 KMT (42%) YoY (1195.7 KMT). Roughly 80% of 2016/2017 export rapeseed availabilities (880 KMT) were shipped abroad…