Kazakhstan: FDI up in 2016

Foreign direct investment in the country increased by 4.7% to 6 trillion tenge ($18.12 billion) in January-November, according to Kazakh Minister of National Economy Kuandyk Bishimbayev. “Realisation of industrial-innovative and infrastructural projects within the state program Nurly Zhol and the anti-crisis programs contributed to the growth. Since the beginning of the year, we have been…

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Ukraine: CNBM to challenge Rada’s decision in international court to cut feed-in tariff for solar power plants

China’s CNBM International Corporation is mulling the challenging of the decision of Ukraine’s Verkhovna Rada to cut the feed-in tariff for large solar power plants in an international arbitration court, CNBM International Corporation Board Chairman Jinsong Zhang reported. The company said that the payback period of CNBM’s solar power plants sharply increased over the decision…

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Moldova: Cricova winery assets to be assessed

A special commission to assess and re-demarcate the cultural and national heritage sites of the Cricova winery has been created. The commission is headed by Deputy Minister of Agriculture and Food Industry Vasile Luca. Its members are to re-demarcate the galleries, underground vaults, including tasting rooms, and adjoining areas of the Cricova quarry and take…

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Ukraine: over 35% of goods exported to EU

Export of Ukrainian goods and services to the European Union countries amounted to 35.7% in January-September, Deputy Economic Development and Trade Minister of Ukraine Natalia Mykolska said. “We see a trend that the EU actually remains our main trading partner, and our exports to the European Union grow. The goods constitute the bulk of exports…

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Ukraine: TogliattiAzot ammonia transit to restart in 2017

Ukraine’s state ammonia transportation firm Ukrkhimstransammiak and Russian chemicals producer TogliattiAzot may sign an agreement to resume transit of TogliattiAzot’s ammonia via Ukraine after the New Year holidays, First Deputy Prime Minister Stepan Kubiv said. “Regarding Transammiak – the limit was reached this year, so, correspondingly, an agreement on restoration of this work should be…

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