Ukraine: sugar exports up in May 2018

In May Ukrainian producers delivered 54,000 tons of sugar to foreign markets, up by 29% YoY, the press service of the Ukrtsukor National Association of Sugar Producers of Ukraine reported. “In May the main importer of Ukrainian sugar was again Uzbekistan (72%). In addition, 11% of deliveries were made to the UK, 5% to Azerbaijan…

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Ukraine: electricity exports up in January-May 2018

Ukraine boosted electricity exports by 25% YoY in January-May (in monetary terms), to $137.2 million.

Hungary accounted for 62.2% of the electricity sales abroad (estimated at $85.3 million), while the share of Poland was nearly 23.8% ($32.6 million) and that of Moldova 11.4% ($15.6 million), the Ukrainian State Fiscal Service said. (UNIAN/Business World Magazine)

Ukraine: foreign investors help to increase exports

The positive dynamics of Ukrainian exports growth is largely triggered by the attraction of foreign investment in the production located in Ukraine. “Attraction of investments in Ukrainian production is one of the factors in growing exports as the investors, apart from establishing production and putting money in modernization of enterprises, also attract their distribution networks,…

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Kyrgyzstan: meat to be exported to China

Kyrgyzstan plans to export meat to China, the Director of the State Inspection for Veterinary and Phytosanitary Safety Kalys Zhumakanov announced. Earlier Kyrgyzstan and China signed a memorandum on the creation of a zone free from foot and mouth disease. According to Kalys Zhumakanov, an agreement on joint struggle against transboundary diseases will help export…

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Ukraine: largest manufacturer of electric vehicles interested in cooperation

BYD Company, the world’s largest manufacturer of electric vehicles and lithium batteries, is considering the possibility of locating its production on the territory of Ukraine with further expansion into the European market. This was discussed during the meeting of Infrastructure Minister of Ukraine Volodymyr Omelyan with Isbrand Ho, Managing Director of BYD Europe, the press…

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Belarus: food exports up in January-April 2018

Belarus’ food exports rose by 9.3% YoY in January-April, Belarus’ Agriculture and Food Minister Leonid Zayats declared on the sidelines of the international agriculture expo Belagro 2018. “Belarus’ agriculture industry has shown positive dynamics during the period under review. Gross output increased by 3.5%. The production of milk went up by 80,000 tons, that of…

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Ukraine: Antonov responds to Russia’s plans to produce Ukrainian cargo aircraft under new brand

Antonov State Enterprise does not intend to resume cooperation with the Russian side for the production and modernization of An-124-100 Ruslan aircraft. “The question of the resumption by the specialists of SE Antonov of mass production of An-124-100 Ruslan aircraft together with the Russian side is not on the table,” Antonov press service stated. On…

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Kazakhstan: peas lose Turkish market

Although the crop of peas in Kazakhstan increased substantially in 2017, their exports have started sinking. The reasons include both intensifying competition among exporters of this crop and weaker foreign demand. Kazakhstan exported some 20.2 thousand tons of peas in the first seven months of 2017-2018 (September-March), down 4-fold YoY. Turkey, which has been the…

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Lithuania: more EU money to be attracted

Lithuania’s government will try to negotiate more of EU cohesion support for regional development after the European Commission suggested cutting such support by 13% in the new budget, Vice Minister of Finance Migle Tuskiene says. In her words, Lithuania will try to negotiate with other EU member states and the European Parliament for the support…

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Ukraine: Kiev and Tehran to boost ties in energy sector

Ukrainian parliamentary and state officials held separate meetings with Iran’s Ambassador in Kiev Mohammad Beheshti Monfared, expressing the eastern European country’s resolve for enhanced cooperation with Tehran in various fields, including energy. Vice Minister of Agrarian Policy and Food of Ukraine Viktor Sheremeta held talks with Beheshti Monfared in Kiev and called for closer ties…

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