Belarus: Tajikistan interested in assembling MTZ cotton-farming tractors

Tajikistan is interested in assembling cotton-farming tractors made by the Belarusian company MTZ, representatives of the company declared after a delegation of the Tajikistan government visited the enterprise. The Tajikistan government is considering organizing the joint production of tractors. The tractors may then be sold not only in Tajikistan but also in the entire Central…


Ukraine: Ukrzaliznytsia’s development until 2021 foresees UAH 130-150 billion investment in modernization

The strategy of development of PJSC Ukrzaliznytsia for 2017-2021 provides for a comprehensive modernization of rolling stock and infrastructure, company chairman Wojciech Balczun has said. “In the next five years we plan to invest UAH 130-150 billion,” he said at a press conference in Kharkiv. According to him, in particular, it is planned to upgrade…


Ukraine: agricultural commodities production down in January-April 2017

In January-April the production volumes of agricultural commodities in Ukraine decreased by 0.3% YoY, the State Statistics Service of Ukraine reported.

In particular, agricultural enterprises lowered the production indices by 0.6%, while households of the population increased them by 0.1%.

In 2016 the growth of agricultural production totaled more than 6%. (APK-Inform/Business World Magazine)

Belarus: GDP up in January-April 2017

According to initial estimates, in January-March Belarus’ gross domestic product totaled Br30.6 billion, up by 0.5% in comparable prices as against the same period a year earlier, the National Statistics Committee of Belarus reported.

In January-April the GDP deflator index amounted to 106.9% as against the same period of last year. (BelTA/Business World Magazine)

Tajikistan: IsDB provides $20 million loan for Kulob-Kalaikhumb highway construction

A loan agreement for $20 million has been signed in Jeddah, Saudi Arabia between the government of Tajikistan, represented by Abdusalom Qurboniyon, Minister of Finance, and the Islamic Development Bank (IsDB), represented by its President Ahmad Mohammed Ali. The amount of this loan is allocated for co-financing the project in the transport sector “Construction of…


Latvia: housing prices to rise

Predicting changes for housing prices in the next two to three years, 66% of interviewed Latvian residents said prices would likely increase, according to data from DNB Bank’s survey. Every tenth respondent expects housing prices to decline. 18% of respondents are confident that prices will remain the same. The highest proportion of respondents who expect…


Tajikistan: Dushanbe to supply fruit and vegetables to Chinese markets

Issues related to economic cooperation between Tajikistan and China were discussed at a meeting of Tajik Deputy Prime Minister Azim Ibrohim with visiting Chairman of the Foreign Affairs Committee of the Chinese People’s Political Consultative Conference (CPPCC) Pan Yunhe. In the course of the talks, Ibrohim noted that Tajikistan supported Chinese leader’s initiative regarding new…


Tajikistan: Khujand hosts meeting to discuss standards of marketing and commercial quality control of dried apricots

A three-day meeting of the Regional Working Group including representatives from Tajikistan, Uzbekistan and Kyrgyzstan kicked off in the Tajik northern city of Khujand on May 16. According to the European Delegation to Tajikistan, the regional meeting has the goal to develop the Explanatory Brochure in accordance with the UNECE Standard DDP-15 concerning marketing and…


Uzbekistan: Peugeot Citroen to launch production of commercial vehicles

Peugeot Citroen and JSC Uzavtosanoat entered into agreement to establish a joint venture – Uzbekistan Peugeot Citroen Automotive. This partnership is aimed at building a production plant in Jizzakh SIZ. The plant will specialize in the production of full industrial cycle of light commercial vehicles under the brands “Peugeot” and “Citroen”, intended for transportation of…


Ukraine: sanctions imposed on Crimean state agricultural companies

Ukraine has imposed sanctions against state-owned Crimea-based agricultural companies and vineyards in line with decree No. 133 dated May 15 signed by Ukrainian President Petro Poroshenko. According to a supplement to the decree, state companies that have re-registered under Russian law are subject to sanctions, including: Sevastopol Winery, the Crimean Agricultural Institute and its research…


Ukraine: 1.5 million tons of flour produced

During nine months of 2016-2017 MY, Ukraine officially produced nearly 1.527 million tons of wheat flour, against 1.526 million tons in the same period last season, the Adviser to the Chairman at Agrarian Fund PJSC Sergei Sakirkin declared. According to him, Ukraine continues decreasing number of enterprises, which provide balances about grain processing volumes in…