The European Union (EU) is preparing a new program aimed at supporting small and medium-sized enterprises (SMEs) in Belarus and the vocational training system. Head of the European Union Delegation to Belarus Andrea Wiktorin made a statement to this effect in a speech at the Kastrycnicky Economic Forum (KEF-2016). Referring to SMEs as the backbone…Details
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Last week wheat market remained the most active in Bulgaria. Increased demand both from traders and importers supported domestic and export prices. Export prices of milling wheat with 11.5% protein grew by $2 to $173-175/MT FOB for November delivery. Active Bulgarian wheat exports supported the market, as well as strengthening of export wheat prices in…Details
The American Bureau of Shipping (ABS) classification society has started the audit of the Azerbaijan Caspian Shipping Company CJSC, the Azerbaijani company’s website said. The audit is being conducted in accordance with the international management standards, in the spheres of security, ecology, energy efficiency and labor protection. “The audit will be carried out in the…Details
Belarus’ proceeds from exports of petroleum products to Poland grew 3.4 times YoY in January-September to $149.3 million, a source in the profile ministry reported. Belarus exported 413,850 tons of petroleum products to Poland, up 5.2 times YoY. Belarus exported 151,080 tons of petroleum products in 2015 (up 2.57 times YoY) worth $76.4 million (down…Details
As of November 4, Ukrainian agrarians harvested 55.903 million tons of grains throughout the areas of 12.845 million ha, or 90% of the plan. The average yield totaled 4.35 ton/ha, the Ministry of Agrarian Policy and Food of Ukraine reported. At the same time, on the same date last year the production volumes reached 56.16…Details
In October Belarus’ gold and foreign exchange reserves rose by $62.1 million if calculated in accordance with methods of the International Monetary Fund. According to preliminary data, the reserves totaled $4,817.1 million as of November 1, the Information and PR Department of the National Bank of the Republic of Belarus reported. In national terms the…Details
Azerbaijani oil supplies will greatly reduce dependence of Ukraine’s oil refining complex on Russian oil, the Ukrainian Ministry of Energy and Coal Industry Igor Nasalik said. The protocol of intent on the supply of Azerbaijani oil to the Kremenchug refinery has been recently signed by Ukrtransnafta OJSC and Ukrtatnafta PJSC. The cooperation on the oil…Details