Turkmenistan and Qatar to expand business ties

Turkmen President Gurbanguly Berdimuhamedov and Qatar’s Sheikh Faisal Bin Qassim Al Thani, the head of Al Faisal Holding, stressed at the meeting that the fuel and energy sector, transport and communications were priority vectors of cooperation between Turkmenistan and Qatar, the Turkmen government said in a message. According to the message, the agreements reached the…

Turkmenistan: President and CIFAL head mull co-op prospects

Turkmen President Gurbanguly Berdimuhamedov and Gilles Remy, head of the French CIFAL company, exchanged views on the prospects of partnership as part of the priorities of socio-economic development of the country and joint work experience. Stressing readiness to develop mutually beneficial cooperation, Remy expressed the company’s interest in strengthening the positions on the Turkmen market.…

Turkey: new fruit appears

Turkey has received the first dragon fruit harvest (pitaya), after a year of preparation. This fruit of Vietnamese origin has adapted well to the climatic conditions of this region, mainly planted with citrus, but also strawberries and bananas. Producers are looking for high value alternatives and after testing with the cape gooseberry, they got good…

Ukraine: minimum wage to grow from January 1, 2017

Ukrainian President Petro Poroshenko, the government and parliamentary coalition factions have decided to raise the minimum wage in Ukraine from January 1, 2017 to 3,200 UAH, the Ukrainian president said after talks with Ukrainian Prime Minister Volodymyr Groysman. “Starting from January 1, 2017, there will be no employed people in Ukraine who earn less than…

Kazakhstan to launch new flights in 2017

Kazakhstan negotiates the launch of new routes during Expo 2017 exhibition in Astana with several foreign airlines, Kazakh Prime Minister’s official website reported with the reference to Investment and Development Vice Minister Berik Kamaliyev. He noted that Finnish airline would launch flight within signed agreements. Moreover Kazakhstan has held negotiations with Polish aviation authorities, an…

Kazakhstan: milling wheat prices strengthen

Last week growing of milling wheat prices was noted on the export market of Kazakhstan. Factors of price support: – increased demand from major importers; – strengthening of national currency; – increase in milling wheat prices in the Black Sea region. Thus, over the week 12.5% wheat export prices increased by $8-10 to $172-178/MT FOB…

Ukraine: NBU cuts refinancing rate

The National Bank of Ukraine (NBU) from October 28, cuts refinancing rate from 15% to 14%. The central bank said in a press release that the decision on the size of the refinancing rate was approved by its board on October 27. “The further relaxation of the monetary policy is linked to the reduction of…