Turkey: 63 weekly charter flights from Russia approved

The Turkish civil aviation authority has permitted 63 charter flights between Antalya and Russian cities a week. Ibrahim Kalin, spokesman for the Turkish President, said that Ankara welcomed Russia’s decision to restart charter flights. “I want to emphasize that we are very happy with this decision”, he said. Russian President Vladimir Putin abolished a prohibition…

Belarus to host investment forum focused on innovations, FDI and intellectual property rights

Belarus is due to host an investment forum in Minsk on September 29-30. Entitled “Broadening the Horizons: Investment, Finance, Development”, the forum will focus on innovations, inflow of foreign direct investments (FDI), and protection of intellectual property rights. The major goal of the forum is to discuss relevant aspects of investment cooperation and attract the…

Belarus: potash exports proceeds down in H1 2016

Belarus’ proceeds from potash exports fell by 38.3% YoY in January-June to $896.215 million, Belarus’ National Statistics Committee (Belstat) said in an official report. Potash export proceeds decreased as a result of a 22.19% drop in the physical volume of Belarusian potash supplies to 2.31 million tons (in terms of 100% potassium chloride). The average…

Belarus: liquefied gas export proceeds down in H1 2016

Liquefied gas exports by Belarus’ state oil and gas production monopoly Belorusneft edged down by 30.5% YoY in January-June to $73.7 million, a source in the profile ministry reported. Belorusneft runs a special facility, which produces liquefied gas. Belarus decreased liquefied gas export by 11.4% in January-June to 2,988,300 tons. Export proceeds decreased exclusively due…

Belarus: external state debt up in January-July 2016

As of August 1, Belarus’ external state debt totaled $13.3 billion, up by $847 million or by 6.8% since the beginning of the year (taking into account differences in currency exchange rates), representatives of the Belarusian Finance Ministry said. In January-July external state borrowings totaled $1.3 billion, including $800 million borrowed from the Eurasian Fund…

Azerbaijan: Chinese companies invited to intensify co-op

Azerbaijan invites Chinese companies to intensify cooperation with local businesses, in particular, in industrial sphere, Chinese media reported citing Azerbaijan’s Deputy Economy Minister Niyazi Safarov. Safarov made the remarks at a session of the Azerbaijan-China Intergovernmental Commission on Trade and Economic Cooperation. Safarov said that Chinese companies participated in Azerbaijan’s 12 projects worth over $640…

Ukraine: corn harvesting started

As of August 26, grains and pulses (including corn) had been harvested from 9772 thousand ha (68% of the intended area) compared with 10305 thousand ha as of August 26, 2015. Farmers obtained 38.223 MMT with average yields at 3.91 MT/ha (at the same date in 2015 – 37.027 MMT with average productivity at 3.59…

Ukraine: rapeseed output down in 2016

Rapeseed harvesting is complete in Ukraine. According to UkrAgroConsult estimates, rapeseed production is likely to be 30% lower than last year. Reduction of harvesting area due to significant winter rapeseed losses (234 thousand ha) was the main reason for production decline. Nevertheless, rapeseed average yields appeared to be higher than expected and even higher than…

Tajikistan: citizens opposing economic integration with Russia

An article “Tajikistan Mulls EEU Membership, Feels Pull of Russia” posted on EurasiaNet.org’s website notes that many Tajiks oppose economic integration with Russia Abdufattoh Ghoib, the head of Tajikistan’s Customs Service, announced on July 19, that the Tajik government was considering making an application to enter the Eurasian Economic Union (EAEU). Ghoib’s declaration followed an…