Kyrgyzstan: state debt growing

Since the beginning of the year, Kyrgyzstan’s state debt has grown by $221.26 million, the Ministry of Finance reported. As of July 31 the state debt amounted to $4,286 billion, or 294,238 billion soms. At least $3,897.27 billion of the sum is external debt, and $388.80 million – internal debt. Only for a month, the…

Ukraine: honey factory opens in Cherkasy region

First Vice Prime Minister, Economic Development and Trade Minister of Ukraine Stepan Kubiv has attended the official opening of the Ukrainian-Austrian Beehive honey factory in the village of Cherniavka in Cherkasy region. “A new honey production factory Beehive.ukraine opens here. This is a joint Ukrainian-Austrian project with an investment of about EUR 10 million. A…

Belarus: beef export to China launched

Two Belarusian companies, namely OAO Mogilev Meat Packing Plant and OOO Veles-Meat, are launching frozen beef export to China, Aleksei Bogdanov, head of the Foreign Trade Department at the Belarusian Agriculture and Food Ministry, announced. “The first two Belarusian meat producers have started exporting beef to the Chinese market,” Aleksei Bogdanov said. “We are not…

Ukraine: Allseeds starts new season with a record

On August 21, Allseeds’ oil extraction plant in Yuzhny port started processing 2017-crop oilseeds. According to the company press-service, a few days later the plant’s capacity set a new record of 2.2 KMT a day. “This result was achieved owing to technological re-equipment of the production process and removing bottlenecks at the time of off-season…

Estonia: July 2017 imports and exports up

According to information released by Statistics Estonia on September 11, July exports of goods increased by 6 and imports by 9% YoY. Increased imports of base metals and articles of base metal and transport equipment contributed to the growth in imports. Exports from Estonia in July amounted to EUR 900 million and imports to EUR…

Estonia: Linda Line cancels departures

Linda Line, which operates the high-speed catamaran Karolin connecting Tallinn and Helsinki, has canceled its September 11 evening and September 12 departures. According to a notice posted on the ferry operator’s homepage, September 11’s 5 p.m. departure from Tallinn and 7 p.m. departure from Helsinki as well as all September 12 departures are canceled due…

Ukraine: exports to Iran up in January-May 2017

In January-May the volume of Ukrainian exports to the Islamic Republic of Iran increased by 78% YoY, President of the Chamber of Commerce and Industry of Ukraine, Gennadiy Chyzhykov stated, during the Ukrainian-Iranian business forum. “In 2016, comparing with 2015, exports from Ukraine to Iran increased by 32%, while imports from Iran – by 30%.…

Turkmenistan preparing for heating season

Fuel and energy complex of Turkmenistan has completed preparations to ensure the smooth provision of natural gas to consumers in the autumn-winter season, Turkmen Deputy Prime Minister for Energy Maksat Babayev said at a government meeting. In total, 930,210 households as well as 5,424 industrial and social enterprises are supplied with natural gas on a…