Uzbekistan: food export contracts signed

Uzbekistan signed 270 contracts on the export of fruit and vegetables valued at $2 billion during the First international fruit and vegetable fair in Tashkent on July 12-16. Uzbekoziqovqatholding said that some 27% of the total volume of products for exports would account for vegetables, 25% for grapes, 20% for fruit, 17.6% for dried and…

Uzbekistan: trade-economic ties with Korea discussed

On July 19, the Ministry of Foreign Economic Relations, Investment and Trade of Uzbekistan hosted a meeting with the newly appointed Ambassador Extraordinary and Plenipotentiary of Republic of Korea to Uzbekistan Kwon Yong Woo. During the meeting, the sides discussed current status and prospects of bilateral trade-economic, investment, financial and technical cooperation. Particular attention was…

Ukraine: Odessa-Brody pipeline oil transit tariffs cut

Ukraine’s Ministry of Infrastructure has approved a 75%-discount for the oil transiting tankers that enter the Yuzhne port, and for the Odessa-Brody oil pipeline. The decision creates favorable terms for oil transiting using the Odessa-Brody pipeline. “The Tariffs Committee of Ukraine’s Infrastructure Ministry granted Ukrtransnafta’s appeal to set the economically favorable tariffs for port duties…

Tajikistan: Russian companies fail to implement a number of agreements with agrarians

Russian companies that have concluded agreements with Tajik agrarians on purchasing potatoes and onions have failed to fulfill their obligations on those agreements, Tajik Minister of Agriculture Sattor Izatullo said. According to him, Russian companies concluded agreements with Tajik onion and potato producers at the beginning of the year but later changed their mind. “I…

Kazakhstan: online store selling locally made products to be launched

An online store selling only locally made products will be launched in Kazakhstan. Talgat Assylbayev, executive director of the Commodity Producers and Entrepreneurs Association “Made in Kazakhstan”, announced the plans to launch the online store. “Together with the Kazakhstani Association of High-Technology, Energy-Efficient and Innovative Companies we are working on the project of the online…

Kazakhstan to start producing high-speed locomotives

Kazakhstan’s electric locomotives assembly factory (Elektrovoz Kurastyru Zauyty) will start production of high-speed passenger locomotives in autumn, the press service of Kazakhstan Railways (Kazakhstan Temir Zholy) said. The high-speed locomotives will be able to make 200 kilometers per hour. Such an electric locomotive – KZ4AT, designed by the French company Alstom – was successfully tested…

Kazakhstan: oilseed stocks total 260 thousand tons

As of July 1, the registered carry-over stocks of oilseeds in Kazakhstan totaled 260.465 thousand tons, including 21.298 thousand tons in farming households, the Statistics Committee at the Ministry of National Economy of the Republic of Kazakhstan reported. In particular, sunflower seed stocks totaled 104 thousand tons, flaxseed – 84.3 thousand tons, soybeans – 30.821…

Russia: agricultural production up in H1 2016

In January-June the volume of agricultural commodities production in Russia totaled 1.554 trillion RUR in current prices, an increase of 2.6% compared with the same period last year, the Federal State Statistics Service (Rosstat) declared. At the same time, in June the growth of production in the agricultural sector reached the level of 2.1% compared…

Russia: grain exports to break a new record

In 2016/2017 MY, the export volumes of Russian grains will exceed 36.1 million tons, which will become a new historical record for the country, the General Director at LLC ProZerno Vladimir Petrychenko declared. As a reminder, in 2015/2016 MY the export volumes reached 34.6 million tons of grains. Therefore, Russian wheat can keep its leading…

Georgia and Turkey mull issues of strategic partnership

Georgia and Turkey agreed to support extending the strategic partnership during the first meeting of the Strategic Cooperation Council between the two countries in Ankara, the Georgian government press office said. The one-day High Level Strategic Cooperation Council between Georgia and Turkey kicked off July 19 with participation of Georgian Prime Minister Giorgi Kvirikashvili and…

Turkmenistan: fuel and energy complex reformed

Turkmen President Gurbanguly Berdimuhamedov made a decision to abolish the country’s Oil and Gas Ministry to further improve the management of the oil and gas sector, the industry and regulate the flow of funds, the Turkmen government said. A department of the Cabinet of Ministers, which is subordinate to Turkmen Deputy Prime Minister Yagshygeldy Kakayev,…

Kazakhstan: car manufacturing down in H1 2016

Car manufacturing dropped by 62.2% YoY in Kazakhstan in H1 2016, to 2,980 cars, said the Kazakh Statistics Committee. Minibus production decreased by 23.7%, to 71 minibuses. During the period, the truck manufacturing in Kazakhstan increased by 16.6% and totalled 718 trucks. Three large car plants: Azia Avto, SaryarkaAvtoProm and Agromashholding – operate in Kazakhstan.…