Belarus’ food exports are projected to total $2.1 billion in 2016, Alexei Bogdanov, the head of the main division for foreign economic affairs at the Agriculture and Food Ministry of Belarus, said. “According to preliminary data, in January-October the export growth dynamics was not bad. In monetary terms, the export amounted to 99.3% compared to…
The Azercosmos OJSC of the Azerbaijani Ministry of Communications and High Technologies has signed a contract to render telecommunication services to the leading international satellite operators, DCS Telecom and Don Telecom. According to the contract, the DCS Telecom and Don Telecom will use the resources of the Azerspace-1 satellite for voice services, data transmission, cellular…
Agrarians of Kazakhstan are gradually getting interested in cultivating oilseed crops due to their profitability. Currently, oilseed price is 2-3 times higher than price of wheat depending on the quality. Moreover, interest comes not only from the side of Kazakh farmers, but also from the foreign investors. The example is the North-Kazakh region, where farms…
The last two months demonstrated the Ukrainian government’s intent to prevent VAT refund amount reduction after its significant decrease in August. However, government will need from six months to a year to gain the market’s confidence. According to government’s representatives, as of October 26, the state VAT debt declined to 16 billion UAH. Experts hope…
The prime ministers of the GUAM (Georgia, Ukraine, Azerbaijan and Moldova) Organization for Democracy and Economic Development are due to discuss transport corridors and a free trade zone, GUAM Secretary General Altai Efendiyev reported. “Ukrainian Prime Minister Volodymyr Groysman has initiated a meeting of GUAM prime ministers in Kyiv to focus on the implementation of…
As of November 8, Ukrainian agrarians harvested 57.23 million tons of grains throughout the areas of 13.017 million ha, or 91% of the plan. The average yield totaled 4.4 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 57.7…
The current 2016/2017 soybean season is completely different from the past one, except for the fact that Ukraine is unlikely to obtain soybean crop higher than 4 MMT again. Each marketing year has its own characteristic features. The 2016/2017 soybean season can be characterized by the following: Planted area reduction due to low production profitability…