Azerbaijani entrepreneurs will pay a visit to the Iranian cities of Tabriz and Ardabil on January 14-17, 2017, the Azerbaijan Export and Investments Promotion Foundation (AZPROMO) said in a message. Meetings with Iranian entrepreneurs are planned during the visit to expand ties among the businessmen of Iran and Azerbaijan. The visit will take place under…
DetailsThe State Property Issues Committee of Azerbaijan will hold the next auction on state property privatization on January 24, 2017, the committee said in a message. The auction will take place in the Auctions Center of the State Property Issues Committee of Azerbaijan. Sixty state properties – 20 joint stock companies, 17 small enterprises and…
DetailsAzerbaijan’s government plans to create almost 10,000 new jobs in the construction sector, says the Strategic Road Map for the development of housing provision at a reasonable price in the Republic of Azerbaijan. Implementation of the measures reflected in this Road Map is expected to help increase Azerbaijan’s GDP by 249 million manats until 2020,…
DetailsOn December 17-23, Ukraine exported 761.5 thousand tons of grains from the seaports against 670.1 thousand tons on the previous week.
In particular, wheat shipments reached 322.2 thousand tons, corn – 349.3 thousand tons, and barley – 90 thousand tons. (APK-Inform/Business World Magazine)
Agriculture, tourism, oil industry, chemical industry, industrial parks are priority areas for Poland’s investments, Azerbaijani Minister of Energy Natig Aliyev said. The minister made remarks at the seventh meeting of the Azerbaijan-Poland intergovernmental commission on trade-economic cooperation in Warsaw on December 18-21, the Azerbaijani embassy in Poland reported. Aliyev, who is also a co-chairman of…
DetailsA bill “On Leasing Activities” will be drafted in Azerbaijan in 2017, says the Strategic Road Map for the Manufacture of Small and Medium Entrepreneurship-Level Consumer Goods in Azerbaijan. A relevant legislative and regulatory framework will be formed on the basis of the new law and this will allow creating more favorable conditions for leasing…
DetailsThe “Joint Future” campaign of Azer Turk Bank goes on. Many students studying abroad benefit from this campaign. The “Joint Future” campaign started on July 4. The purpose of the Bank, holding social responsibility activities as one of its priorities, is to support youth studying in foreign universities, and by this to take even the…
DetailsAs of December 1, agricultural enterprises and grain storage and processing enterprises of Ukraine stored 28.428 million tons of grains and sunflower seed, down by 2.411 million tons YoY, the State Statistics Service of Ukraine declared. In particular, the carry-over stocks of wheat reached 10.124 million tons, corn for grain – 14.593 million tons, barley…
DetailsAn Iranian-Chinese credit worth 30 billion euros has been prepared and is ready, Iranian Mines & Mining Industries Development & Renovation (IMIDRO) CEO Mehdi Karbasian said. The value of projects implemented by Iran and China during the past three years (the Rouhani administration) has reached 20 billion euros, 4 billion euros of which were in…
Details25 Kazakhstani companies presented their products on the Chinese market. Representatives of more than 120 companies from Beijing, Shandong, Henan, Shanxi and China’s other regions pointed out the high quality of products and agricultural goods produced in Kazakhstan. In particular, the Chinese businessmen showed great interest in the fish and caviar produced in Atyrau, honey…
DetailsUkraine’s GDP growth in 2016 totals around 1.5%, Ukrainian Prime Minister Volodymyr Groysman has said. “This year we will have growth of around 1.5%, while last year we had 10% of decline and 43% of inflation”, he said at a meeting with students of Kyiv Polytechnic Institute. The premier said that he hoped that GDP…
DetailsSince the beginning of 2016/2017 MY and as of December 22, Ukraine exported 21.2 million tons of grains, the Ministry of Agrarian Policy and Food of Ukraine declared, referring to the State Fiscal Service of Ukraine. In particular, wheat exports totaled 10.9 million tons, barley – nearly 4.2 million tons, and corn – nearly 6…
DetailsBelarus’ OAO Mogilevliftmash elevator plant reports a 15.3% increase in exports in January-November to $106.9 million, a company representative reported. Elevator exports grew by 28.4% to 10,109 units. The bulk of elevators was exported to Russia – 8,599 units (up by 27.9% YoY). Elevators are Mogilevliftmash’s major export product. Elevators manufactured by Mogilevliftmash are exported…
DetailsDuring two recent weeks the export market of wheat flour in Kazakhstan demonstrated a bearish price trend.
According to the analysts, this is largely due to lowering demand for the product from major countries-importers. (APK-Inform/Business World Magazine)
In 10 recent years the average grain yield in Kazakhstan increased by 30%, from 1.02 ton/ha to 1.33 ton/ha, the Ministry of Agriculture of the Republic of Kazakhstan declared. According to the announcement, Kazakhstan increased the general effectiveness of grain production, and agrarians learned how to minimize losses in good crop years, and to the…
DetailsUkraine and Spain are developing bilateral cooperation in the space sector and preparing a program of partnership in the field of Earth remote sensing. The press service of the State Space Agency of Ukraine reported that the plan of development of long-term partnership was stipulated in the memorandum of understanding on cooperation in the space…
DetailsGrowers in North Kazakhstan region reported the 2016/1207 harvest results. In 2016, total crop planted area expanded by 9 thousand ha from last year, to 4375.4 thousand ha. 11.7%, or 512.1 thousand ha of plantings in North Kazakhstan are represented by oilseeds. According to preliminary statistics, the 2016/2017 oilseed crop amounted to 485 KMT against…
DetailsFlour production in Ukraine continued shrinking in November: 176.1 KMT was produced last month, down by 6.4% YoY. Ukrainian flour output for the eleven months of 2016 was down by 5% YoY. About 1.749 MMT of flour was made from January till November against 1.843 MMT in the same period last year. At the same…
DetailsThe expansion of EU exports quotas for Ukrainian goods is a top priority for the Ukrainian government, Deputy Minister of Economic Development and Trade, Ukraine’s Trade Representative Natalia Mykolska has said. “We are working with the European Parliament and EU member states to accelerate making the decision. We expect that in the near future when…
DetailsEstonian Maritime Administration continues its work on a push to attract shipping firms to register their ships in Estonia by offering e-registration and a reduced tax burden. Even though the Maritime Administration has been working out the plan for more than four years, progress could be reached after Estonian Prime Minister Juri Ratas announced that…
DetailsOdessa Port-Side Plant is in the hardships today due to the unfavorable situation on the global fertilizer market, ineffective management and using it in the corruption purposes and for various frauds, Ukrainian Prime Minister Volodymyr Groysman has said. “Now we see the fact of ineffective management of the plant, including by the State Property Fund.…
DetailsThe meeting of the Board of the International Monetary Fund (IMF), which will consider granting Ukraine the next tranche under the EFF program, may be held in late January 2017, Finance Minister Oleksandr Danyliuk has said. “Indeed, after the adoption of the budget we got closer to receiving the next tranche. The Cabinet of Ministers…
DetailsTotal cereal production is anticipated to reach a new record in 2016. Most of the increase is due to a well above-average wheat crop production, which is estimated to rise by 40% from the 2015 level. Wheat production is set at 200 thousand tons in 2016, following increased planting area and very good yields. Similarly,…
DetailsAmkodor-Bryansk Ltd, a Russian affiliate of Minsk-based OAO Amkodor, plans to assemble 30 power loaders per month in 2017, the Russian companies said in a press-release. After increasing the share of local parts and components, Amkodor-Bryansk is expected to increase monthly output to 50 units in 2018. Amkodor-Bryansk is Amkodor’s key importer in Russia, with…
DetailsWhile sunseed processing and sunoil output in Ukraine show a record fast pace, hitting new highs every month, soybean crushing and soyoil production by oil extractors keep lagging behind last year. Large and medium-sized crushers in Ukraine produced 14.5 KMT of soyoil in November against 15.7 KMT in November 2015. 34.3 KMT of soyoil was…
DetailsNibulon, one of Ukraine’s largest grain production and trading companies, will receive a 71 million euros loan to help improve its infrastructure as part of a 600 million euros loan package announced by the European Investment Bank (EIB) on December 19. The financing will foster a multi-scheme investment at Nibulon focused on creating a more…
DetailsCabinet approves of the concession of the right to prospect oil and gas deposits in the south of Moldova to Frontera Resources International, the USA. The Cabinet took this decision at the request of the Ministry of Environment of Moldova taking into account that the company had won the international tender for geological prospecting of…
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