Ukraine: foreign trade deficit growing

The deficit of Ukraine’s foreign trade in goods in January-May amounted to $2,054.9 million, up by 44.4% YoY. This data was provided by the State Statistics Service of Ukraine. In January-May Ukraine’s total imports of goods made up $21,515.0 million, or 115.3% compared to January-May 2017. Ukraine’s total exports of goods over the reporting period…

Uzbekistan: export of cherries to China to increase

Uzbekistan intends to supply to China about 20,000 tons of high-quality cherries in the next season. The representative for the coordination of the export of agricultural products in the framework of cooperation of Uzbekistan-China Dilshod Mullabaev held talks with employees of the quarantine service and the General Administration of Customs Authorities about the results of…

Belarus: beef and poultry meat to be sold to UAE

Belarus intends to sell beef and poultry meat to the United Arab Emirates. The statement was made by Belarusian Deputy Agriculture and Food Minister Igor Brylo after negotiations with Director General of the Emirates Authority for Standardization and Metrology (ESMA) Abdulla Al Maeeni. Igor Brylo said: “Belarus intends to sell dairy products, beef, and poultry…

Belarus: BelAZ opens truck maintenance center in Russia’s Sverdlovsk region

The Belarusian automobile engineering company OAO BelAZ has opened a modern technical support center in Russia’s Ural Federal District, the press service of the Belarusian Industry Ministry reported. The center for repairing and maintaining BelAZ mining vehicles was opened in the city of Berezovsky, Sverdlovsk region. The center had been built by BelTransLogistik Company, an…

Kazakhstan: Astana-Helsinki flight resumed

Finnair air carrier resumes its flights to Astana. The flights will be operated from July till September twice a week on Wednesday and Fridays by comfortable Airbus 319. The flight duration is four hours, the press service of the Nursultan Nazarbayev International Airport JSC said. Last summer Finnair transported more than 3,000 passengers. (Kazinform/Business World…

Ukraine: sugar exports up in June 2018

Ukraine exported 67,600 tons of sugar in June of the current marketing year (2017-2018 MY, September through August), up by 25% MoM, the National Association of Sugar Producers, Ukrtsukor, has reported. “Large batches of sugar in June were shipped to Uzbekistan (51%) and Libya (35%), while smaller batches were exported to Azerbaijan (5%), Armenia and…

Uzbekistan: nuclear power plant to be built

Uzbekistan intends to start construction of its nuclear power plant. Uzbekistan and Rosatom, Russia’s state corporation, reached an agreement to build a two-reactor nuclear power plant (NPP). It is expected to put it into commission in full by 2028. NPP construction will let the country save 3.7 billion cubic meters of natural gas a year.…

Poland: Port of Gdansk and Halcrow Group ink agreement to develop Wisla River Waterway feasibility study

An agreement for the preparation of a feasibility study for the Wisla River Waterway has been concluded in Gdansk. It was signed by the representatives of the Port of Gdansk Authority SA: President Lukasz Greinke and Vice-President Macin Osowski, as well as Artur Mazurek, representing the contractor selected by tender, the British company Halcrow Group…

Belarus: Belarusbank opens branch in Great Stone

A state-of-the-art Belarusbank branch has been opened in the China-Belarus industrial park Great Stone. Belarusbank Deputy Chairwoman of the Board Svetlana Kozhekina stressed: “It is a particularly important branch because it will become the face of the entire bank not only in the industrial park but for all our present and future partners from China.…

Ukraine: pork imports up in H1 2018

Ukraine in the first six months of 2018 imported 8,400 tons of pork, up 8-fold YoY. “In January-June Ukraine received 8,400 tons of fresh, chilled and frozen pork against 924 tons in the past year with an aggregate value of $15.4 million,” the Association of Ukrainian Pig Breeders reported. The major pork suppliers remain the…