Further actions to reduce the refinancing rate in Belarus will be closely intertwined with the country’s balance of payments, the Chairman of the Board of the National Bank of the Republic of Belarus (NBRB) Pavel Kallaur reported. “As far as further steps are concerned, there is no doubt we are going to act in a…
Ukraine’s GDP growth in 2017 is expected to be 2.9% with inflation of 9% (December on December), according to a consensus forecast published by the Ukrainian Economic Development and Trade Ministry. Experts anticipate that this year the country’s GDP will grow by 1% with 13.1% inflation. The ministry said four months ago the economy restoration…
Since the first years of independence, food security has been one of the priorities of socio-economic policy of the country. Measures implemented in the country to provide the population with quality food, as well as the results achieved in the food industry were discussed at a press conference organized by the holding company “Uzbekozikovkatholding”. In…
National Nuclear Generating Company Energoatom seeks to finance building of the centralized spent nuclear fuel storage facility via the issue of securities on the U.S. stock market with the help of Bank of America Merrill Lynch. Energoatom announced the start of negotiations with Bank of America Merrill Lynch regarding coordination of due diligence, drafting preliminary…
China’s imports of Russian oil contracted by 14% YoY to 3.23 million tons in July, Bloomberg reported quoting the Chinese customs as saying. Angola, Saudi Arabia and Russia remained the three top exporters to China in July. Angola’s exports rose by 23% YoY to 4.72 million tons, while Saudi Arabian oil exports fell by 4.2%…
Businessmen from Russia, China, and the European Union will take part in the international investment forum Grodno region at the Crossing of Borders that will take place on September 23, the economy committee of the Grodno Regional Executive Committee reported. The investment forum will be held as part of the Euroregion Neman expo and fair.…
Second season in a row Russia, Ukraine and Kazakhstan export record high volume of wheat, leaving behind such top-exporters as USA and EU countries. Despite another record in world wheat production in 2016/2017 (+1,2% to 743.44 MMT according to USDA), meaning tougher competition on key wheat export markets, situation looks promising for the Black Sea…