Belarusian producer prices in July increased by 0.5% MoM (up by 7.3% compared to the level of December 2015), the National Statistical Committee (Belstat) reported. Construction prices grew by 1.7% MoM in July (up by 1.2% compared to the level of December 2015). Freight tariffs (all means of transportation) decreased by 0.2% MoM in July…
Belarusian Potash Company (BPC) shipped 729,454 tons of potash fertilizers to Brazil in January-June, up by 32% YoY. Potash export proceeds from Brazil-bound shipments dropped by 15% YoY to $268.8 million. Founded in September 2013, Belarus Potash Company has regional dealerships in Delhi, Beijing, Singapore and Sao Paulo. BPC facilitates potash exports to Europe, India,…
An independent review of the quality of assets of the Belarusian banking system will be considered at a meeting of the Financial Stability Council, Chairman of the Board of the National Bank of Belarus Pavel Kallaur said. “We expect to hold a meeting of the council soon. Most likely we will consider the results of…
Ambassador Extraordinary and Plenipotentiary of Belarus to Egypt Sergei Rachkov met with Egypt’s Minister of Health and Population Ahmed Rady, the press service of the Belarusian Ministry of Foreign Affairs reported. “The parties discussed promising areas of Belarusian-Egyptian cooperation in the field of healthcare, including the possibility of joint production of medicines, especially against Hepatitis…
First auctions within the framework of the new state property privatization program in Azerbaijan will be held on September 14 and September 20, the country’s State Property Issues Committee said. “The main innovation is that potential investors, representatives of the press and the public will be able to watch the auction live”, said the message.…
Heads of railway administrations of Kazakhstan, Azerbaijan and Georgia have discussed mutually beneficial cooperation and creation of favorable conditions for cargo transportation with cargo shippers, major operators and freight companies of Kazakhstan in Astana, the press service of Kazakhstan Railways JSC reported. In particular, the sides talked about the reduction of tariffs for transportation of…
Armenia’s economic activity index decreased by 4.7% YoY in July. This is a record figure. A decline in the country’s economic activity has not been observed yet in 2016. Just two weeks ago, Armenia’s Prime Minister Hovik Abrahamyan summed up the figures for the H1 at a cabinet meeting and was satisfied with the 4%…