Belarus to work with Uralkali if interests respected

Minsk is ready to cooperate with Russian potash fertilizer producer Uralkali if the company respects interests of Belarus to the degree of “200%”. While hearing a report on operation of Belarusian Potash Company, or Belaruskali, the Belarus president Alexander Lukashenko said that representatives of Russia had repeatedly asked him to restore cooperation between Uralkali and…

Kazakhstan: EIA ups oil output forecast

The US Energy Information Administration (EIA) in its March short-term energy outlook has raised the forecast for the 2017 and 2018 oil output in Kazakhstan. The forecast for 2017 was increased to 1.88 million barrels per day as compared to 1.86 million in the previous report published in February. The forecast for 2018 rose to…

Ukraine: French investors begin to work actively

The bilateral economic turnover between Ukraine and France has increased by 36%, Ukrainian Foreign Minister Pavlo Klimkin said at a joint briefing with French Foreign Minister Jean-Marc Ayrault. “If we look at our bilateral economic turnover, we will see that it has increased by 36%. And this means that our businessmen are working together, and…

Turkmenistan: Altcom Group to strengthen positions

Head of Ukraine’s Altcom Financial-Industrial Group Alexander Tislenko, during his meeting with Turkmen President Gurbanguly Berdimuhamedov, spoke about the interest of his company to further strengthen positions on prospective Turkmen market. The company intends to actively participate in planned large-scale projects and programs, which are of great importance for strengthening and increasing the potential of…

Uzbekistan: Japan allocates over $500,000 for social projects

Japan has allocated grants worth $551,100 to Uzbekistan for the implementation of eight social projects, the Japanese embassy said. The grants are allocated through the Japanese governmental program “Official Development Assistance” (ODA), the embassy said. Uzbek Deputy Minister of Healthcare Elmira Basitkhanova, the country’s First Deputy Minister of Public Education Bakhtiyor Daniyarov and Japanese Ambassador…

Ukraine: FUIB in the top-10 most transparent companies

First Ukrainian International Bank (FUIB) is in the top-10 most transparent companies of Ukraine according to the study “Transparency of Corporate Accounting” is carried out annually by the organization Transparency International Ukraine. The study was carried out among 100 largest state and private companies of Ukraine by the analyst of the Transparency International Ukraine Dmytro…

Russia: GDP to grow by 0.6% in January-March 2017

Russia’s gross domestic product (GDP) is expected to grow by 0.6% in January-March and by 0.8% in April-June excluding seasonality, the central bank’s forecasting department said in a research note on March 6, revising its previous estimations of a 0.4% and 0.5-0.6% growth respectively. The estimate for the second quarter is based on a Urals…