Belarus’ gross domestic product (GDP) reduced by 2.8% YoY in January-October to 78.097 billion Belarusian rubles ($39.87 billion at the central bank’s exchange rate), an official with Belarus’ National Statistics Committee reported. Industrial output in January-October fell by 1.5% YoY to Br64.93 billion ($33.15 billion). Farm output grew b 3.8% YoY to Br13.547 billion ($6.92…
Belarusian Minister of Foreign Affairs Vladimir Makei met with Michael Harms, Executive Director of Germany’s Committee on Eastern European Economic Relations, to discuss ways to step up the cooperation between the two countries, the press service of the Belarusian Ministry of Foreign Affairs reported. “The parties discussed prospects for bolstering the trade and investment cooperation…
President of Azerbaijan Airlines CJSC (AZAL) Jahangir Asgarov and Director General of Kuwait’s Civil Aviation Yousef Sulaiman Al Fouzan signed an intergovernmental agreement on air traffic between the two countries on November 16. By signing the intergovernmental agreement, the sides removed obstacles to open air traffic between the two countries that would contribute to further…
Experts of the Japan International Cooperation Agency had a meeting with the management of the Kherson commercial seaport and discussed possible cooperation, the enterprise’s chief Andriy Sokolov said. For seven years now, the company’s representatives have been looking for adequate projects in Ukraine to provide technical assistance with subsequent possible financing. Using Japanese (sovereign) loans,…
Myronivsky Hliboproduct (MHP) in July-September saw $8 million of net loss compared to $24 million of net profit a year ago. According to a financial report of the company, revenue grew by 6%, to $369 million, gross profit – by 20%, to $89 million and earnings before interest, taxes, depreciation and amortization (EBITDA) fell by…
According to the State Statistics Service, in January-September Ukraine exported agricultural products valued at $10.4 billion, or 40.2% of the general national exports, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, grain crops ($4.2 billion, or 16.4% of the general agricultural exports), food preparations ($1.6 billion, or 6.2%), fats and oils…
In the first month of season 2016/2017 (September) Kazakhstan exported 355.16 KMT of wheat, up by 1/3 YoY (260 KMT). The key destination markets for Kazakh wheat in this period included its traditional importers: Uzbekistan, Tajikistan, and Afghanistan, but with substantially increased shipments for this time of season. Shipments to China also grew considerably. Kazakh…