Russia: imports of sour cherry from Afghanistan and peaches from Somali banned

Russia bans import of sour cherry and cherry from Afghanistan and peaches and nectarines from Somali because of suspected smuggling of such products, the Russian veterinary and phytosanitary watchdog Rosselkhoznadzor said. Temporary restrictions are introduced on import of such products to Russia through third countries as well. Measures are taken in connection with deliveries of…

Russia: seaports grain shipments up in H1 2016

In January-June the seaports of Russia increased the shipment volumes of grains by 29.4% YoY, to 12.1 million tons, the Association of Sea Commercial Ports of the Russian Federation announced. At the same time some increasing of mineral fertilizers shipment by 9.9%, to 8.5 million tons, was observed. The general cargo turnover in the Russian…

Russia: economic indicators decline slowed down

The decline in Russia’s key economic indicators has slowed down due to implementation of the government’s supportive measures, though they are still in the negative zone, Prime Minister Dmitry Medvedev said Tuesday. “The situation on global financial markets is still unfavorable for us. Though our key economic indicators have narrowed losses they’re still in the…

Ukraine: new season for sunflower oil market

In the season-2016/2017 the production of sunflower oil in Ukraine will increase to 5.36 million tons, against 4.78 million tons in the previous year, due to significant increasing of sunflower seed production in the country. As a result, the key country-exporter of sunflower oil in the world will increase its shipments by 0.55 million tons…

Kyrgyzstan: GDP down in H1 2016

Kyrgyzstan’s GDP fell by 2.3% in the first half of 2016, Deputy Chairman of the National Statistics Committee of KR Lyuksina Tekeeva reported today at a press conference. According to her, since the beginning of the year, GDP amounted to slightly more than 176 billion soms. It decreased compared to 2015, although the drop is…

Ukraine: Energoatom seeking to cooperate with Spain’s IDOM in engineering

Representatives of National Nuclear Generating Company Energoatom have discussed a possibility of cooperation in infrastructure and engineering projects with Spain’s IDOM Ingenieria, the company’s press service reported. The press service said that special attention was paid to IDOM projects implemented in the nuclear and energy sector: stress tests at all Spanish nuclear power plants (NPPs),…

Ukraine: Dowty Propellers to deliver parts for new An-132D built for Saudi Arabia

Britain’s Dowty Propellers will supply propeller systems for the engine of new multipurpose An-132D aircraft built at the facilities of Antonov State Enterprise (Kyiv), part of Ukroboronprom State Concern, under a contract with Saudi Arabia. Information about the signing of the agreement between Dowty Propellers and Antonov to supply two R-408 six-blade propeller systems for…

Ukraine: free falling grain prices

The beginning of the season 2016/2017 was marked by export prices reduction to six-year minimum. Only during the first week of the new season prices for all grain crops lost on average $7, and they are also down by $40 compared with the beginning of last season. In fact, price reduction is typical for a…

Ukraine: energy consumption to drop

Ukraine should reduce energy consumption by 5% every year, European Commissioner for Neighborhood Policy and Enlargement Johannes Hahn said. “Energy efficiency is one of the key goals of our joint initiatives”, he said. “Our goal is to improve energy efficiency by 5% every year”, Hahn said. He said that Ukraine should focus on energy efficiency…