Moldova: Cricova winery assets to be assessed

A special commission to assess and re-demarcate the cultural and national heritage sites of the Cricova winery has been created. The commission is headed by Deputy Minister of Agriculture and Food Industry Vasile Luca. Its members are to re-demarcate the galleries, underground vaults, including tasting rooms, and adjoining areas of the Cricova quarry and take…

Ukraine: 39 agricultural enterprises enter EU market

Following the results of 2016, 277 Ukrainian agricultural enterprises have been working on the European market, while their number was 238 in 2015, Ukrainian Agrarian Policy and Food Minister Taras Kutovyi has said. “Currently, 277 Ukrainian enterprises have already been licensed to export their products to the European market. By comparison, there were 238 such…

Estonia: electricity network fees to be lowered

The Competition Authority of Estonia released a conclusion that the cost of electricity distribution services of electric grid operator Elektrilevi was not adjusted to their current costs and should be lowered by 6.7%. Because network charges make up 50-55% of the consumer price of electricity, the price of electricity for the average consumer should drop…

Ukraine: corn exports up in November 2016

According to official information, Ukraine exported roughly 2231.6 KMT of corn in November, up by 19% YoY (1878.8 KMT). Ukrainian corn exports picked up pace by 9% in Q1 2016/2017 against the same period a year ago. Ukraine supplied 3643.5 KMT of corn to foreign markets in September-November (3344 KMT at the same time in…

Ukraine: over 35% of goods exported to EU

Export of Ukrainian goods and services to the European Union countries amounted to 35.7% in January-September, Deputy Economic Development and Trade Minister of Ukraine Natalia Mykolska said. “We see a trend that the EU actually remains our main trading partner, and our exports to the European Union grow. The goods constitute the bulk of exports…

Ukraine: TogliattiAzot ammonia transit to restart in 2017

Ukraine’s state ammonia transportation firm Ukrkhimstransammiak and Russian chemicals producer TogliattiAzot may sign an agreement to resume transit of TogliattiAzot’s ammonia via Ukraine after the New Year holidays, First Deputy Prime Minister Stepan Kubiv said. “Regarding Transammiak – the limit was reached this year, so, correspondingly, an agreement on restoration of this work should be…

Azerbaijan and Iran to mull expansion of co-operation in banking sphere

Azerbaijan intends to expand cooperation with Iran in banking sphere, Azerbaijan’s Economy Minister Shahin Mustafayev said. The banking sphere is one of the most prospective directions for the expansion of the Azerbaijani-Iranian cooperation, the minister said. He noted that as part of the intergovernmental commission’s meeting, such structures as the Financial Market Supervisory Authority and…

Azerbaijan and Iran to mull North-South corridor’s implementation

Azerbaijan and Iran will discuss the second stage of implementation of the International North-South Transport Corridor, Azerbaijani Economy Minister Shahin Mustafayev said. The first stage of implementation of the North-South transportation corridor is nearly completed, said the minister. “We are already completing the construction of the railway to the Iranian border and the railway bridge…

Azerbaijan-Iran drug plant’s foundation to be laid in January 2017

Foundation of the Azerbaijan-Iran joint pharmaceutical plant in the Pirallahi Industrial Park will be laid in January 2017, Azerbaijani Economy Minister Shahin Mustafayev said. Iran’s Minister of Cooperatives, Labor and Social Welfare Ali Rabiei will take part in the groundbreaking ceremony of the plant which is an Azerbaijan-Iran joint enterprise, Mustafayev said. Over $30 million…

Latvia: 7% of Latvians pessimistic about 2017

46% of Latvian residents believe 2016 was a successful year for Latvia. In regards to 2017, more than two thirds of respondents said next year might be as equally as successful as 2016 if not more so. As for personal benefits, multiple respondents said they expected accomplishments in family, relationships or love (41%) next year.…

Turkmenistan joining ICAO Public Key Directory

Turkmenistan’s President Gurbanguly Berdimuhamedov has given instructions to the State Migration Service to ensure the realization of measures related to the country’s accession to the International Civil Aviation Organization’s Public Key Directory (ICAO PKD), the Turkmen government said in a message. Under the document, the decision was made in order to guarantee the security of…