Azerbaijan: GCCA to help expand agribusiness potential

The Global Cold Chain Alliance (GCCA) is prepared to help Azerbaijan expand the potential of agribusiness and make Azerbaijani agricultural products reach domestic and foreign markets, GCCA Vice President of International Programs Richard Tracy said. Tracy said he was impressed by some enterprises in Azerbaijan, adding that they fully met international standards, however, some businesses…

Russia: Ferryboat Baltijsk to resume operations at Ust-Luga-Baltijsk line in September 2016

Ferryboat Baltijsk is planned to be returned to Ust-Luga-Baltijsk line in September, Andrei Moshkov, Deputy Director General of Rosmorport’s North-West Basin Branch referring to ferryboat operator Trans-Exim Ltd., said. Andrei Moshkov says the ferryboat’s engine is under repair. Ust-Luga – Baltijsk line was earlier serviced by three ferryboats: Baltijsk and Peterburg operated by Trans-Exim Ltd.…

Russia: ACRA sees GDP up over next 5 years

Russia’s recession is not over yet and the gross domestic product (GDP) growth will be limited to 1-1.5% over next five years even if oil prices are high, the Analytical Credit Rating Agency (ACRA) said in a revised economic forecast until 2020. “The social and economic statistics for January-July shows that the recession is not…