Ukraine: Asian investors ready to work

Ukrainian President Petro Poroshenko has stated that the investors from the South-East Asia are willing to invest in the Ukrainian economy. The President said this at the meeting of the National Council of Reforms. “We have not only European investors. Our talks during the visits to the South-East Asia show that today the investors are…

Moldova: forecast of sunflower seed harvest down

In 2016 Moldova will decrease the harvest of sunflower seed by 30-40% compared with the previously expected indices, due to weather conditions, the Ministry of Agriculture and Food Industry of Moldova declared. Agrarians noted that the oilseed yield dropped below 2 tons/ha, while the previously expected level totaled 3.5 tons/ha. July drought and heat became…

Kazakhstan: oilseed planted area up

In Kazakhstan oilseeds planted area for 2016/2017 crop increased to 2118 thousand ha compared to 2101 thousand ha last year. Planted area approached the 2014/20015 season’s level, when the acreage reached all-time high at 2413 thousand ha. Despite rains, weather conditions allowed farmers to conduct seeding within optimum time. (UkrAgroConsult/Business World Magazine)

Iran: NIOC signs oil contract with Lukoil

National Iranian Oil Company (NIOC) has signed oil contracts with a range of companies, including Russian oil producer Lukoil. Other companies included OMV, Total and Pertamina. Earlier in August, Russian ambassador to Iran Levan Dzhagaryan said Lukoil was considering development of two deposits near the Iranian city of Ihvaz. (Prime/Business World Magazine)