Kazakhstan’s Energy Minister Kanat Bozumbayev said he had been negotiating with OPEC, but he believed the central Asian energy giant had already cut output enough this year. “Kazakhstan already slashed its oil output this year, and slashed it quite noticeably. We produced about 80 million tons of crude last year and will produce around 76.5…
Ukraine’s economy is starting to recover, while the government is paying every effort to maintain and accelerate that growth as well as reinvest it into the quality of people’s lives. This was stated by Prime Minister of Ukraine Volodymyr Groysman. The Prime Minister noted that recently the International rating Agency Fitch had upgraded long-term Issuer…
As of November 1, in Ukraine the production of grains and pulses totaled 56.106 million tons in bunker weight, up by 0.1% YoY, the State Statistics Service of Ukraine declared. According to the official statistics figures, Ukrainian agrarians harvested 13.19 million tons of sunflower seed in bunker weight (up by 19%), and 8.968 million tons…
Azerbaijan is showing interest in the Belarusian experience of developing agro-towns and the country’s food industry. The matter was discussed at a meeting between Belarus Vice Prime Minister Mikhail Rusy and the Azerbaijani delegation led by Ganja Mayor Elmar Valiyev on November 16. “Since you are interested in agriculture and, first of all, agro-towns, we…
As of November 15, Ukrainian agrarians harvested 59.285 million tons of grains throughout the areas of 13.279 million ha, or 93% of the plan. The average yield totaled 4.46 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 58.4…
The Asian Development Bank (ADB) can act as a shareholder in Azerbaijani companies, the country’s Economy Minister Shahin Mustafayev said. He made the remarks in Baku on November 15, at a meeting with ADB Vice President Wencai Zhang, responsible for operations in the ADB South Asia Department and the Central and West Asia Department. During…
Azerbaijan did a great job to ensure efficiency in transit transportations, Counselor for Economic Affairs at the US Embassy Carter Wilbur said. He made the remarks on November 16, during the Azerbaijan Infrastructure, Power and Renewable Energy Investment Conference in Baku. Azerbaijan, Turkey, Kazakhstan and Georgia did a great job to improve the speed and…