From the start of the 2016/2017 season Allseeds has been steadily increasing the volumes of sunflower seeds processed at its oil-extracting plant in Yuzhny. As of the end of October, net volume of seeds processed amounted to 120 thousand tons, with 110 thousand tons seeds of the new harvest. In September 79% of the plant…Details
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Ukraine and Slovenia have agreed to resume direct flights between Kyiv and Ljubljana, Ukrainian President Petro Poroshenko has said. “Discussing cooperation in the field of transport, we’ve agreed to resume direct flights between Kyiv and Ljubljana”, he reported after talks with Slovenian President Borut Pahor. The Ukrainian president said this would contribute to deepening cooperation…Details
CHS Ukraine plans in 2017 for the first time to import carbamide in the amount of 200,000 tons. “We’re trying to trade in fertilizers. In spring we would like to purchase 200,000 tons of carbamide”, company CEO Viacheslav Kolosvetov reported. According to him, the matter concerns possible cooperation with Russia’s Uralchem. Kolosvetov added large agricultural…Details
Deposit auctions will be enough to absorb excessive liquidity of the banking sector in the foreseeable future, Central Bank First Deputy Chairwoman Ksenia Yudayeva reported. “It will be enough for us to hold deposit auctions in the foreseeable future (to absorb excessive liquidity)”, Yudayeva said. The authority organized the first deposit auction in 18 months…Details
Ukrainian 2016/2017 grain exports could be 7 million tons lower than originally expected due to logistical difficulties and some companies have already redirected shipments from Ukraine to other countries, traders said. Ukraine had planned to ship abroad around 41 million tons of grain in the 2016/2017 July-June season versus around 39 million tons a season…Details
Belarusian food products are in demand on all the markets of the Commonwealth of Independent States (CIS), Belarusian Antimonopoly Regulation and Trade Minister Vladimir Koltovich reported. “Foreign partners like Belarusian products. Russians, Ukrainians and Kazakhs know that the Belarusian quality is high, and our products are welcome on all the CIS markets”, the minister stressed.…Details
China has proposed to establish Ukrainian-Chinese free trade area. Chinese Ambassador to Ukraine Du Wei said this during an opening ceremony of Ukraine Silk Road International Forum held in Kyiv. “The Chinese side has proposed to create the Russian-Chinese free trade zone. We hope to intensify a research on this issue with the Ukrainian side”,…Details