Support of agriculture from the 2017 national budget would be around 5.5 billion UAH, Ukraine’s Agricultural Policy and Food Ministry has reported. “Now farmers will receive subsidies in the amount of 1% of products they make during five years. This is a really historic decision, as Ukraine does not have this model. In 2017 support…Details
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According to the official customs figures, in September-November period of 2016/2017 MY Ukraine imported 81.6 thousand tons of palm oil, up by 67% YoY (48.9 thousand tons). At the same time, PJSC Zaporizhia fat-and-oil complex (up by 27.2 thousand tons, to 39.1 thousand tons) and Delta Wilmar CIS (up by 17.3 thousand tons, to 40.2…Details
According to the Regulations of the Cabinet of Ministers winter navigation in all Latvian ports begins on December 15, and ends on April 15, says Freeport of Riga Authority. The decision on ice navigation opening at the Port of Riga and the Gulf of Riga, as well as on the necessity to employ icebreakers is…Details
Export prices for Ukrainian milling wheat went up again, though slightly, in view of growing Chicago wheat futures and shrinking supply of Ukrainian wheat on the world market. Export wheat with 12.5% and 11.5% protein closed the week up by $1 for December-January delivery. At the same time, a decline was observed in import demand.…Details
In the course of a quadruple meeting with participation of Azerbaijani Railways Head Javid Gurbanov, Kazakhstani Railways President Kanat Alpysbayev, Turkish Railways CEO Veysi Kurt and Georgian Railways Chairman Mamuka Bakhtadze, the parties discussed the development prospects of the Trans-Caspian international transport route, issues of increasing freight traffic along this route and optimization of tariffs.…Details
In November Ukrainian soybean exports revived and their monthly total hit a record high. 537.6 KMT of soybeans were exported in November, or almost three times as much as in October (192.1 KMT) and up by more than 20% YoY (445.2 KMT). Export statistics for MY 2016/2017 (September-November) also beats records: shipments to foreign markets…Details
The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to EUR 8 million to Kremenchuk municipal trolleybus company (KTU) for the acquisition of 50 new low-deck trolleybuses, including spare parts and maintenance tools, as well as the workshop maintenance and diagnostic equipment for the new fleet, the press service of…Details