Taking into account the results of sunflower seed harvesting campaign, the forecast of sunflower oil production in Ukraine in 2016/2017 MY totals 5.5 million tons, and the exports – 5 million tons, the Minister of Agrarian Policy and Food of Ukraine Taras Kutovyi declared. He noted that the country would be able to reach such…Details
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Belarus produced 664,600 peat briquettes in January-October, up by 19.5% YoY, the Energy Ministry of Belarus reported. Belarus’ peat output totaled 1.486 million tons in January-October, up by 29.4% YoY. Peat in Belarus is available at an extremely competitive price compared to the cost of natural gas, coal and wood chips. Peat is currently used…Details
In spite of slow non-life insurance market growth in Latvia, which had reached a mere 6% in the first three quarters, BALTA insurance association concluded the first nine months of 2016 with profits of EUR 3.2 million. According to the company’s representatives, the company’s growth has reached 14% in comparison with the same period of…Details
Azerbaijan plans to send its first trade mission to Pakistan in late January – early February 2017, Azerbaijani Economy Minister Shahin Mustafayev said. “The purpose behind sending the mission is to expand bilateral trade with Pakistan”, Mustafayev said. Azerbaijan has been sending trade missions to various countries since November in order to increase its exports.…Details
In January-November Ukrainian seaports processed 35.74 million tons of grain cargoes (including 34.986 million tons of grains), up by 6.7% YoY. In particular, the grain exports totaled 34.813 million tons (up by 6.1%), the state enterprise Ukrainian Sea Ports Authority declared. In the reporting period state stevedoring companies processed 2.703 million tons of grains at…Details
Azerbaijan and Pakistan have agreed on the main areas of bilateral economic cooperation, Khurram Dastgir Khan, Pakistan’s federal minister for commerce, reported. “We have agreed on three main areas to work in. The first area is the creation of a joint working group to review the issue of preferential trade between our countries”, the minister…Details
Azerbaijan’s Azre reinsurance company has sent a delegate to Iran to explore the market in hope of future cooperation. “We started cooperating with Iran two years ago. The cooperation is quite successful and we are participating in several treaties in Iran. So far I think we have signed more than eight or nine contracts”, Azre…Details