Ukraine’s Antimonopoly Committee has prepared a suit forcing Russian gas giant Gazprom to pay a $3 billion fine, the committee’s head Yury Terentyev said. The Antimonopoly Committee imposed the fine in 2015 to punish the company for its monopolist position on the transit gas market. Gazprom was baffled with the decision because it did not…
In June soybean exports from Ukraine reached 236.9 KMT against 170.6 KMT in June 2015. During the current season 2015/2016 (September-June) Ukraine supplied 2178.4 KMT of soybean to foreign markets, decreasing the spread lag compared to previous season to 3.7%. Taking into account stable exports during the last four months, it’s very likely that the…
In 2015/2016 MY, the Nibulon company shipped 4.66 million tons of grains to foreign markets, up by 14% YoY, the press-service of the company declared. In 2015/2016 MY, corn traditionally became the major export crop of Nibulon (over 1.8 million tons). Wheat export totaled over 1.9 million tons, and barley – nearly 560 thousand tons.…
A team of scientists from the Zhytomyr National Agroecological University has won the competition of the projects within the Erasmus+ program, which is funded by the European Union. The Ukrainian scientists will implement the educational module “Agricultural Policy of the European Union” during the three academic years. The cost of the project is 798,456 UAH…
A draft agreement on the Customs Code of the Eurasian Economic Union (EEU) is expected to be signed at a session of the Supreme Eurasian Economic Council in December, the press service of Belarus’ State Customs Committee said. The draft agreement on the EEU Customs Code was submitted for domestic legal procedures in the EEU…
Insight into investment climate of the country may considerably improve efficiency of business planning and calculation of project profitability. Consulting agency UkrAgroConsult has created a new tool providing information on capital investments amount by Ukrainian region. Interactive map makes it possible to evaluate the investment amount in a certain region over the past few years.…
Belarus intends to offer even more preferences to resident companies of the China-Belarus industrial park Great Stone. Belarusian Economy Minister Vladimir Zinovsky made the statement before the session of the Belarusian-Chinese intergovernmental committee on cooperation on August 18. “We are preparing a draft presidential decree that will introduce serious changes into the document that regulates…