Kyrgyzstan: GDP growing in January-February 2017

The National Statistical Committee presented the results of the social and economic development of Kyrgyzstan for January-February. According to the committee, in the first two months of 2017, GDP amounted to almost 52 billion soms. In comparison with 2016, it grew by 5.4%. Without taking into account the enterprises developing Kumtor mine, the indicator is…

Belarus to work with Uralkali if interests respected

Minsk is ready to cooperate with Russian potash fertilizer producer Uralkali if the company respects interests of Belarus to the degree of “200%”. While hearing a report on operation of Belarusian Potash Company, or Belaruskali, the Belarus president Alexander Lukashenko said that representatives of Russia had repeatedly asked him to restore cooperation between Uralkali and…

Kazakhstan: EIA ups oil output forecast

The US Energy Information Administration (EIA) in its March short-term energy outlook has raised the forecast for the 2017 and 2018 oil output in Kazakhstan. The forecast for 2017 was increased to 1.88 million barrels per day as compared to 1.86 million in the previous report published in February. The forecast for 2018 rose to…

Ukraine: French investors begin to work actively

The bilateral economic turnover between Ukraine and France has increased by 36%, Ukrainian Foreign Minister Pavlo Klimkin said at a joint briefing with French Foreign Minister Jean-Marc Ayrault. “If we look at our bilateral economic turnover, we will see that it has increased by 36%. And this means that our businessmen are working together, and…