Belarus: GDP down in January-October 2016

Belarus’ gross domestic product (GDP) reduced by 2.8% YoY in January-October to 78.097 billion Belarusian rubles ($39.87 billion at the central bank’s exchange rate), an official with Belarus’ National Statistics Committee reported. Industrial output in January-October fell by 1.5% YoY to Br64.93 billion ($33.15 billion). Farm output grew b 3.8% YoY to Br13.547 billion ($6.92…

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Belarus and Germany discuss investment cooperation

Belarusian Minister of Foreign Affairs Vladimir Makei met with Michael Harms, Executive Director of Germany’s Committee on Eastern European Economic Relations, to discuss ways to step up the cooperation between the two countries, the press service of the Belarusian Ministry of Foreign Affairs reported. “The parties discussed prospects for bolstering the trade and investment cooperation…

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Azerbaijan and Kuwait ink deal on air traffic

President of Azerbaijan Airlines CJSC (AZAL) Jahangir Asgarov and Director General of Kuwait’s Civil Aviation Yousef Sulaiman Al Fouzan signed an intergovernmental agreement on air traffic between the two countries on November 16. By signing the intergovernmental agreement, the sides removed obstacles to open air traffic between the two countries that would contribute to further…

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Ukraine: Japanese investors interested in Kherson seaport

Experts of the Japan International Cooperation Agency had a meeting with the management of the Kherson commercial seaport and discussed possible cooperation, the enterprise’s chief Andriy Sokolov said. For seven years now, the company’s representatives have been looking for adequate projects in Ukraine to provide technical assistance with subsequent possible financing. Using Japanese (sovereign) loans,…

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Ukraine: agricultural exports exceed $10 billion in January-September 2016

According to the State Statistics Service, in January-September Ukraine exported agricultural products valued at $10.4 billion, or 40.2% of the general national exports, the Ministry of Agrarian Policy and Food of Ukraine declared. In particular, grain crops ($4.2 billion, or 16.4% of the general agricultural exports), food preparations ($1.6 billion, or 6.2%), fats and oils…

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Ukraine implementing gas transit liabilities despite drops of gas pressure on Russian border

Ukraine is implementing its liabilities to carry out transit of Russian gas to Europe in the full amount, and doubts expressed by the Russian president are the continuous long-lasting discriminative campaign, Ukrtransgaz said in a statement. “Ukraine was, is and will be a reliable gas transit country. The statement that the country allegedly unlawfully pumps…

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