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…

Ukraine: UIA carries 40-millionth passenger

Ukraine International Airlines (UIA) has carried its 40-millionth passenger since the company was established in 1992. “On August 8 Ukraine International carried its 40-millionth passenger Svitlana Pogrebna who was flying from Kyiv to Amsterdam on the UIA PS105 flight,” reads a report posted on the company’s website. In 2015, UIA carried 4.9 million passengers; in…

Belarus: over 3.5 million tons of grain harvested

Belarusian agrarians have already cropped more than 3.5 million tons of grain, the Agriculture and Food Ministry reported. As of August 10, Belarus’ grain harvest exceeded 3.5 million tons. Brest region harvested 964,100 tons, Minsk region – 784,200 tons. Gomel region and Grodno region cropped 605,400 and 620,000 tons respectively. The harvest of Mogilev region…

Ukraine: money supply up in July 2017

Money supply in Ukraine in July grew by 1%, to UAH 1.115 trillion, the National Bank of Ukraine (NBU) has reported. The central bank said that the pace was linked to the increase in off-bank cash by 1.3%, to UAH 311.639 billion, and deposits in the national currency by 0.9%, to UAH 802.786 billion. The…

Ukraine: 33.4 million tons of grain harvested

Ukrainian agrarians harvested 33.4 million tons of grain on 8.8 million hectares (91% of the target) as of August 8, according to the Agrarian Policy and Food Ministry’s press service. Early grain crops have already been harvested in Dnipropetrovsk, Zaporizhia, Kirovohrad, Mykolayiv, and Kherson regions. The average yield of cereals is estimated at 3.79 tons…

Ukraine: Ryanair not to enter the market in 2017

Minister of Infrastructure Volodymyr Omelyan said that Ryanair, the Irish-based low-cost air carrier, might not launch its operations in Ukraine in 2017. “If the negotiations are deliberately delayed, while they (Ryanair) distribute the routes for their aircraft for the whole year, we will say that Ryanair will come next year,” Omelyan said. “But they will…

Belarus: frozen bread exported to 8 countries

Belarus is supplying frozen bread to eight counties, head of the main department for bakery products of the Belarusian Agriculture and Food Ministry Vadim Pobedinsky said. “Today we are exporting frozen bakery products to eight countries. Among them is Russia (over 80% of the exports), Israel, Panama, the USA, Tajikistan, and Australia,” Vadim Pobedinsky said.…

Kazakhstan: ICAO aviation safety award received

Kazakhstan’s aviation safety efforts have been marked with a recognition award on behalf of the ICAO Council President, the press service of the Kazakh Ministry for Investment and Development reported. Kazakhstan has been one of the first ICAO Member States to receive this award in recognition of the significant progress in resolving aviation safety oversight…