Ukraine: Germany to provide another EUR 72 million in aid

Germany will give Ukraine EUR 72 million in new aid for sustainable economic development, regional development, energy efficiency and internally displaced persons, Ukraine’s Deputy Economic Development and Trade Minister Maksym Nefyodov has said. Nefyodov signed relevant documents in Berlin on the results of two-day talks with the Economic Cooperation and Development Ministry of Germany. The…

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Ukraine promoting supplies of An-148-300MP maritime patrol planes to Indonesia

Ukraine is preparing the expansion of military and technical cooperation with Indonesia: the sides are holding negotiations on a possibility of supplying Ukrainian An-148-300MP maritime patrol planes to the Asia-Pacific Region (APR). The press service of Ukrspecexport state-run company reported that during the negotiations between Ukrspecexport Director General Pavlo Bukin and Indonesian Navy officers at…

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Bulgaria: wheat market remains active

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…

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Belarus: hundreds of state-owned farms subject to pre-trial financial readjustment

As many as 323 partially or fully state-owned agribusiness companies in Belarus are subject to pre-trial financial readjustment, while another 102 farms face bankruptcy, in accordance with the government’s resolution No. 889 dated October 31. As previously reported, Belarus authorities gave the green light to selling or leasing insolvent state-owned farms and agricultural companies. Belarus’…

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Ukraine: EIB to finance grain logistics projects

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…

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Bulgaria: wheat opens new markets

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…

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Kyrgyzstan: Bishkek hosts SCO Council of Heads of Government

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…

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Belarus and Indonesia planning infrastructure projects in transport sector

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…

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Belarus: Belagroprombank offers special credits to SME

Belarus’ Belagroprombank has announced a special offer (valid from till February 28, 2017) with credits for small business development available at 19% (Belarusian rubles) and 9% per annum (dollar and euro). Belagroprombank’s SME credit offer targets finically stable self-employed businessmen and privately-owned companies with annual proceeds under $5 million and a positive credit history. OAO…

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