Azerbaijan invites Iranian entrepreneurs to actively cooperate with local businessmen, said Azerbaijan’s Deputy Economy Minister Sahib Mammadov. Mammadov made the remarks during the Azerbaijani-Iranian business meeting in Baku. The meeting, organized by Azerbaijan Export and Investments Promotion Foundation (AZPROMO), was attended by more than 80 local and Iranian businessmen. Azerbaijani deputy minister said that Azerbaijan…Details
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Energy sector, oil, gas and chemical sphere, as well as transport have been defined among the topical areas of cooperation between Japan and Turkmenistan, said the message of the country’s government. This was noted at the meeting of Turkmen President Gurbanguly Berdimuhamedov with the newly appointed Ambassador of Japan Takahiko Katsumata, who handed over his…Details
In July Ukraine produced 9.7 KMT of mayonnaise against 8.3 KMT in June of the current year and 9.6 KMT in July 2015. In January-July total production equals 69.2 KMT, which is slightly lower than over the same period of 2015, namely by 0.6 KMT or less than 1%. Considering the tendency of decreasing mayonnaise…Details
Uralkali, one of the world’s largest potash producers, announces the key decisions taken by its Board of Directors at a meeting on September 1. The board has approved of the list of candidates to be elected to the Board of Directors at Uralkali’s Extraordinary General Meeting (EGM), to be held on September 27: Dmitry Konyaev,…Details
Russia’s Economic Development Ministry has worsened its forecast for Russia’s gross domestic product (GDP) decline in 2016 to 0.5-0.6% from 0.2%, Minister Alexei Ulyukayev said. The ministry’s basic forecast earlier implied a 0.2% GDP fall in 2016 with an annual average oil price of $40 per barrel. (Prime/Business World Magazine)Details
Harvesting of sunflower and soybean has started in the southern regions of the Russian Federation and starting prices for raw materials of the new crop were announced in these regions. During last week Russian market of sunflower oil was characterized by a minimum volume of sales and a further decrease in producer prices. With increase…Details
The wholesale domestic price of Russian gas can increase by 2.5-3% in 2017, Deputy Economic Development Minister Nikolai Podguzov reported. As regards the 2016 gas price increase, Podguzov said that the decision should be made by the Federal Antimonopoly Service. (Prime/Business World Magazine)Details