After tests conducted by the National Bank of Ukraine (NBU) a total of 36 banks are to reduce credits issued to affiliated persons, the NBU has reported on its website. “After tests it has been identified that the largest credit risks for debts of affiliated persons were higher than the requirement at 44 banks. As…Details
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Oil production in Ukraine decreased by 4.4% YoY in January, to 129,400 tons. The Ministry of Energy and Coal Industry reported that gas condensate production for the period increased by 7.6%, to 58,100 tons. Naftogaz Ukrainy enterprises in January cut oil production by 4.6%, to 127,000 tons, gas condensate output – by 3.5%, to 38,800…Details
In January the production volumes of crude sunflower oil in Ukraine totaled 476 thousand tons, up by 50.9% YoY, but down by 14.5% MoM, the State Statistics Service of Ukraine reported. In the reporting period, the production of margarines and edible fats totaled 17 thousand tons, up by 28.4% YoY, but down by 15.9% MoM.…Details
Belarus plans to increase its baby food exports to Pakistan to $1.1 million in 2017, Aleksei Bogdanov, the head of the main division for foreign economic affairs at the Agriculture and Food Ministry, declared as he attended the meeting of the Belarus-Pakistan working group on cooperation in agriculture. “As for our export to Pakistan, it…Details
Tajik national air carrier, Tajik Air, plans to resume domestic flights en route Dushanbe – Khorog – Dushanbe soon. The airline is expected to resume flights to Khorog, the capital of the Gorno Badakhshan Autonomous Region (GBAO), Aziz Khairulloyev, a spokesman for Tajik Air, said. According to him, Tajik Air will use helicopter Mi-8 to…Details
The National Bank of Tajikistan (NBT) has withdrawn licenses from two bailed-out banks – Tajprombank (Tajik Joint-Stock Commercial Industrial Bank for Reconstruction and Development) and Fononbank. By Tajik central bank’s decision their licenses for carrying out banking activities were withdrawn on February 24. The NBT notes that other directions of activities of those two organizations…Details
Gold remains the main export commodity of Kyrgyzstan, and Switzerland is its main buyer. This European country accounts for 42% of total exports of Kyrgyzstan, website of the Ministry of Economy of the Kyrgyz Republic reported. According to the ministry, in general, Kyrgyzstan carries out deliveries to more than 80 countries. Several countries account for…Details