Georgia: GDP up in November 2016

Georgia’s real GDP expanded by 2% in November 2016, after a 1.3% growth in October, according to the preliminary data released by the State Statistics Office. Economy grew by 2.4% in the first eleven months of 2016, according to Geostat’s preliminary data. The 2016 economic growth forecast was reduced from 3% to 2.7% as a…

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Belarus: budget for three years approved

The Council of Ministers of Belarus issued resolution No. 1094 on December 28, 2016 to enact the medium-term financial program of the central state budget for 2017-2019, the press service of the Belarusian government reported. The document stipulates a number of key economic indicators as well as social and economic development targets for the next…

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Belarus: Rosselkhoznadzor returned 360 batches of animal products

In 2016 more than 360 batches of dairy, meat and fishery products of Belarusian origin were returned at the Belarusian-Russian administrative border, the press service of the Rosselkhoznadzor reported. The products were returned for the following reasons: the documents with advance production dates of products, re-branding of meat, poor sanitary condition of vehicles and products,…

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Ukraine: EU cuts wheat imports

The European Union, which ranked second in Ukraine’s wheat export structure in the 2015/2016 marketing year, imported 450 thousand tons of the Ukrainian wheat in 2016, down 3-fold YoY. According to official figures, Ukraine’s wheat exports came to 1,382.7 thousand tons in November 2016, comparable to the amount recorded for the same period last year…

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Russia: Krasnoye Sormovo shipyard completed first series of TSHD1000 ships

Krasnoye Sormovo shipyard (United Shipbuilding Corporation) has completed the series of Russia’s first dredgers of TSHD 1000 design having delivered the Kadosh to FSUE Rosmorport. Launched on October 5, the Kadosh successfully underwent mooring and sea trials. The acceptance/delivery certificate has been signed at the beginning of December. The Kadosh is intended for operation at…

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