Moldova: Chisinau hosts Moldo-Indian business forum in pharmaceutical field

About 60 pharmaceutical companies in Moldova and India participate in a business forum in pharmaceutical field. Following this meeting, the countries will sign cooperation agreements. “Currently about 10% of pharmaceuticals sold in pharmacies in Moldova are imported from India, 17% are products manufactured in the country, and about 45% are pharmaceutical products imported from the…

Bulgaria: wheat prices strengthen

Purchase prices for grains continued strengthening on Bulgaria’s domestic market last week. The Bulgarian national currency strengthened against the U.S. dollar over the week, though its growth was slight. The domestic grain market is propped up by reviving demand not only from millers but also from traders. The market purchasing operations are assessed as active.…

Ukraine: corn stocks down

According to the information of the State Statistics Service, Ukraine’s reserves of grains and pulses totaled 27.11 MMT as of November 1, down by 12% YoY (31.71 MMT). Wheat stocks decreased by 16% to 12.13 MMT against 14.44 MMT as of November 1, 2015. Corn stocks shrank by 18% to 10.54 MMT, as harvesting in…

Belarus joins IMO

The Republic of Belarus has become the latest member of IMO, following the deposit of an instrument of acceptance of the Convention on the International Maritime Organization with the Secretary-General of the United Nations on November 29, says IMO. With the acceptance of the Convention by Belarus, the number of IMO Member States stands at…

Ukraine: Cabinet of Ministers permits making up export parcels from grain of different grades at elevators

The Cabinet of Ministers passed a resolution permitting to make up export parcels from grain of different grades at elevators. First Deputy Economy Minister Maxim Nefedov says a weird regulation is in effect in Ukraine: when you are exporting grain of different grades, they must be kept separately according to the Ukrainian quality standards while…

Belarus: France ready for tighter cooperation in IT and infrastructure development

France is ready to step up cooperation with Belarus in information technologies and infrastructure development, Ambassador of France to Belarus Didier Canesse reported during the Belarusian-French interregional business forum in Minsk. The ambassador believes that Belarus and France should intensify cooperation not only in politics but in economy as well. The Belarusian-French interregional business forum…

Ukraine: contract signed for supply of equipment for Kanev HPP

PJSC “Turboatom” and PJSC “Ukrhydroenergo” signed contract UHE/TKNV/C/2-13 “Plant design, Supply and Installation; Rehabilitation of two Blocks (7 hydraulic plants) at Kanev HPP”. Project is financed at the expense of European Bank for Reconstruction and Development. Implementation of the contract is considered for five years. “Turboatom” is the general contractor for “turnkey” project. The enterprise…

Ukraine: Chinese corporation takes interest in developing Chornomorsk port infrastructure

The seaport of Chornomorsk (former Illichivsk) was visited by representatives of the China National Complete Engineering Corporation (CCEC) and the State Food Grain Corporation of Ukraine. The Chinese are investigating possibilities for implementing joint investment projects to develop the No. 2 terminal’s infrastructure. The port’s management presented development projects designed for the period until 2018.…

Belarus and Azerbaijan analyzing joint production of carpets and cotton fabrics

Belarus and Azerbaijan are analyzing the prospects of joint production of carpets and cotton fabrics, the Belarusian President’s press-service said in a statement following President Alexander Lukashenko’s talks with Azerbaijani President Ilham Aliyev. “In my opinion, Azerbaijan did the right thing when it decided to develop its cotton growing industry. Output figures will rise so…

Belarus: interregional business forum opens in Minsk

The Belarusian-French interregional business forum takes place in Minsk on November 30 – December 1, according to the official website of the Belarusian Chamber of Commerce and Industry. The event marks the 40th anniversary of establishing twinning relations between Minsk and Lyon. The business forum has been organized following the agreements reached at the second…

Azerbaijan: Taxes Ministry completes joint twinning project with EU

The European Union (EU) and Azerbaijan’s Taxes Ministry have successfully completed the implementation of a joint twinning project on improvement of human resources management, the country’s Deputy Taxes Minister Sahib Alakbarov said. The twinning project’s implementation was carried out jointly with taxes administrations of the EU, France and Spain. “This project has become a successful…