By 2021 the export volumes of vegetable oils from Kazakhstan will grow to nearly 400 thousand tons, oilseed meals – to nearly 500 thousand tons, the member of the board of directors at EFCO Group of Companies Vladislav Romantsev declared. Realization of the project on foundation of the fat-and-oil cluster on the basis of production…
Belarus’ largest commercial bank OAO Belarusbank has signed memorandums of understanding with African Export-Import Bank and Slovenian SID Banka during Belarusbank’s conference in Frankfurt (Germany), the bank’s press service reported. The conference gathered around 100 representatives of the World Bank, German financial institutes and insurance companies, as well as representatives of such institutions of Italy,…
On December 3-9, Ukraine exported 635.2 thousand tons of grains from the seaports against 550.9 thousand tons on the previous week. In particular, wheat shipments reached 188.3 thousand tons, corn – 429.9 thousand tons, and barley – 17 thousand tons. (APK-Inform/Business World Magazine)
In January Belarus’ consumer prices grew by 1.9%, in February – by 2.9%, in March – by 0.8%, in April – by 0.7%, in May – by 0.5%, in June – by 0.4%, in July – by 0.4%, while August saw a 0.1% deflation. In September consumer prices resumed growth at 0.7%, and at 0.8%…
The overall turnover of commodities and services in foreign trade shrank by 10.5% YoY in January-October to $48.73 billion. Exports of commodities and services reduced by 11.4% YoY to $24.48 billion, and imports decreased by 9.5% to $24.24 billion. According to the NBB, the deficit of foreign trade in goods totaled $1.756 billion compared to…
The construction work as part of the Trans Anatolian Natural Gas Pipeline Project (TANAP) is 55% complete, Saltuk Duzyol, head of TANAP consortium, reported. He pointed out that to date, 19 underground passages have been built as part of the project. Furthermore, the consortium head noted that the cost of TANAP project had decreased. “When…
Russia and Ukraine do not disagree on the price for Russian gas for the fourth quarter of 2016, Russian Energy Minister Alexander Novak reported. “This time we don’t have any disagreements on the price, because both the Ukrainian side and the Russian side confirm that the price for gas, which is set this quarter, including…