The Asian Development Bank (ADB) can act as a shareholder in Azerbaijani companies, the country’s Economy Minister Shahin Mustafayev said. He made the remarks in Baku on November 15, at a meeting with ADB Vice President Wencai Zhang, responsible for operations in the ADB South Asia Department and the Central and West Asia Department. During…Details
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Azerbaijan did a great job to ensure efficiency in transit transportations, Counselor for Economic Affairs at the US Embassy Carter Wilbur said. He made the remarks on November 16, during the Azerbaijan Infrastructure, Power and Renewable Energy Investment Conference in Baku. Azerbaijan, Turkey, Kazakhstan and Georgia did a great job to improve the speed and…Details
The Belarusian industrial group Belorusneft will use a new technology of its own design to rack up oil extraction in Ukraine, the company’s press service reported. In line with the agreement with the Ukrainian company Universal Drilling Technique (aka UniDrillTech) Belarusian specialists intend to carry out five special operations using the technology that has been…Details
Falling grain deliveries by trucks have resulted in a heavier load on railways. At the same time, the railcar fleet, which consists of 11,500 to 13,000 grain-carrying cars according to different estimates, constantly shrinks and is 95% worn-out. Since the Ukrainian Railways merely lacks money to replace its railcar fleet, the only way out is…Details
Enterprises of the Belarusian Industry Ministry are invited to take part in the project to set up a Russian industrial zone in Egypt. The project was presented during the latest session of the joint board of the Belarusian Industry Ministry and the Russian Industry and Trade Ministry in Moscow. The invitation was extended by Russian…Details
Plans have been made to adopt a document formalizing the intended figures of food export to Russia in February 2017, Belarusian Agriculture and Food Minister Leonid Zayats reported. The official specified that Belarus was planning to sell some 4.1 million tons of milk and dairy products and over 300,000 tons meat and meat products to…Details
Belarus has resumed the deliveries of jet fuel produced by OJSC Naftan to Ukraine, Commercial Director of CJSC Belarusian Oil Company (BNK) Sergey Grib has said. “We have resumed deliveries to the Ukrainian market this month. We have talks with our Ukrainian colleagues, we have found understanding: in order to monitor and combat jet fuel…Details