The European Investment Bank (EIB) is considering the possibility of financing the projects of Ukrainian grain market operators to expand and modernize their logistics infrastructure, according to the website of this international financial institution. “The project is expected to remove existing bottlenecks related to transportation and storage of cereals, reduce the in-land transportation costs as…Details
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The European Bank for Reconstruction and Development (EBRD) expects the Ukrainian economy to grow in the current year by 1.5% and the growth will accelerate to 2% next year. According to the bank’s updated forecast, compared to May this year the forecast for 2016 was downgraded by 0.5%, while for 2017 it was retained unchanged.…Details
According to the president of Bulgarian Association of Grain and Feed Traders (BAGFT) Martin Rusev, wheat exports are estimated at 3.9 MMT in the 2016/2017 MY, of which 2.1 MMT were shipped abroad in July-October. This part of grain was supplied to the European Union, and wheat was mainly forage (1.8 MMT). Rusev believes that…Details
An expanded format meeting of the Shanghai Cooperation Organization (SCO) Council of Heads of Government took place in Kyrgyzstan’s capital, Bishkek. The meeting was attended by Kyrgyzstan’s Acting Prime Minister Sooronbay Jeenbekov, Russian Prime Minister Dmitry Medvedev, Kazakh Prime Minister Bakytzhan Sagintayev, Tajik Prime Minister Qohir Rasulzoda, Uzbekistan’s First Deputy Prime Minister Rustam Azimov. Representatives…Details
Participants of the session of the Council of Ministers Presidium discussed the concept of the bill on power engineering. The session was chaired by Prime Minister of Belarus Andrei Kobyakov, the press service of the Belarusian government reported. The Prime Minister pointed out that it was the second time the matter had been submitted for…Details
Belarus’ government has the terms of VAT deduction with regard to goods imported by business companies. In accordance with President Lukashenko’s ordinance #396 dated October 28, Belarusian entities, which import products and sell them on the home market in an unmodified condition, shall have their import VAT deduction delayed by 60 days (down from 90…Details
Ambassador Extraordinary and Plenipotentiary of Belarus to Indonesia Vladimir Lopato-Zagorsky met with Indonesian Transport Minister Budi Karya Sumadi, the press service of the Ministry of Foreign Affairs of Belarus reported. The meeting was also attended by representatives of ZAO Belzarubezhstroy. “Agreements were reached to explore the areas of interaction between ZAO Belzarubezhstroy and Indonesian counterparts…Details