Turkmenistan: maritime infrastructure development intensified

Construction of a new international seaport is underway in the Caspian city of Turkmenbashi. The project aimed at the development of port infrastructure envisages construction of car and passenger terminals, as well as container, loading, polypropylene terminals and other facilities developed in accordance with the environmental safety requirements of GreenPort international standard. Once the seaport…

Azerbaijan: economy to grow in 2018

World Bank (WB) forecasts the grow of 0.5% to 1% of the Azerbaijan’s economy in 2018, head of the bank’s Baku office Naveed Hassan Naqvi said. This year, Azerbaijan’s economy will probably contract by 1-1.5%, he said. “Unfortunately, Azerbaijan is overly dependent on oil,” he noted. “Nonetheless, oil prices decline and subsequent devaluation of the…

Ukraine: flour to be exported to South America

PJSC Agrarian Fund starts exporting flour to the countries of South America. The first contract on delivery of 96 tons of straight white wheat flour has been concluded. This is reported by the press service of the PJSC Agrarian Fund. “The Agrarian Fund continues developing the export direction. We are opening new markets, in particular,…

Turkmenistan: pricing policy improving

The issues of improving the pricing policy in Turkmenistan were discussed at the meeting of the country’s Cabinet of Ministers. Turkmenistan’s Deputy Prime Minister Bashim Khojamammadov said at the meeting that it was envisaged to entrust several structures with the compilation of price digests for the respective types of goods in this sphere. Moreover, an…

Ukraine: AvtoKrAZ ships lab vehicles to Ukrgazvydobuvannia

PJSC AvtoKrAZ (Kremenchuk, Poltava region), the only Ukrainian producer of heavy trucks, within the contract after winning the tender has shipped three special lab vehicles LSG-10 on KrAZ-5233NE chassis in standard equipment for well exploration to PJSC Ukrgazvydobuvannia. LSG-10 laboratories are designed for geophysical and hydrodynamic studies with the help of in-depth tools introduced into…

Turkmenistan and Azerbaijan leading powers in energy production

Turkmenistan and Azerbaijan, as leading powers in energy production, advocate the transformation of the Caspian Sea basin into a territory of stability, progress and broad international partnership in Eurasia, said Turkmen President Gurbanguly Berdimuhamedov. He made the remark at the government meeting, the agenda of which was dedicated to the results of Berdimuhamedov’s official visit…