As of August 22, Russian agrarians continued harvesting grains and pulses. Agrarians harvested grain crops throughout the areas of 26.2 million ha (on the same date in 2015 – 22.3 million ha), or 55.4% of the planned areas (47.3 million ha). The produced volumes reached 80.7 million tons of grains, with the average yield of…
Russia’s budget deficit may exceed 3% of the gross domestic product (GDP) in 2016, Prime Minister Dmitry Medvedev said after a government meeting. “The expected deficit this year will amount to more than 3%. It is higher than planned, naturally, we will do everything we can to keep the deficit in the framework of the…
Trade consequences of regional agreements may be adverse for countries not participating in them, department director of Russian Ministry of Economic Development Maxim Medvedkov said. In particular, Russia’s losses from Ukraine’s associations with the EU may climb to billion values, he added. “These effects are related to surging trade inside the region, sometimes prejudicing turnovers…
The President of Tajikistan Emomali Rakhmon took part in the opening ceremony of a number of facilities in the city of Sarband of Khatlon region. In particular, in this city, with the participation of E. Rakhmon, a refrigeration chamber with capacity of 1 thousand tons of fruits and vegetables was commissioned. The camera is equipped…
Minsk is close to reaching mutual understanding with Moscow regarding the price of Russian natural gas for Belarus and on exports of Russian oil to the country, Belarusian Prime Minister Andrei Kobyakov reported. “We slightly contracted in July, (our gross domestic product fell) by 0.2%. But this happened specifically due to a 700,000 ton decrease…
OAO Minsk Silicate Materials Plant will be incorporated by the Belarusian Cement Plant (Kostiukovichi, Mogilev region) in accordance with resolutions made by shareholders of both companies. The parties are expected to finalize the merger by December 2016. Besides, the Belarusian Cement Plant will increase its statutory capital by issuing 287,227 supplementary shares with a face…
Two Soligorsk-based companies: Belaruskali and Shakhspetsstroi – have started mining potash ore at the Garlyk mining and processing factory in Turkmenistan, a Belaruskali official said. The general contractor for the Garlyk ore-mining project is OAO Belgorkhimprom (based in Minsk), which is supposed to launch the ore dressing factory in March 2017. (Prime-TASS/Business World Magazine)