Russia is ready to consider joining OPEC and other oil producing countries in their efforts on the oil market, Energy Minister Alexander Novak reported. OPEC agreed to limit oil production in a 32.5-33.0 million barrel a day range, although the level for Iran, Libya and Nigeria has not been defined yet. The agreement is to…Details
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According to official data, in August Ukrainian barley exports grew by 17% YoY and equaled 1924 KMT against 1019.5 KMT. During the first two months of 2016/2017 (July-August) Ukrainian exporters shipped 2204 KMT of barley, which was an absolute record for the period in question. Traditionally in August Saudi Arabia lowered its purchases, importing 371…Details
Ukrainian President Petro Poroshenko has expressed appreciation to the United States for the decision on loan guarantees and invited U.S. companies to join the National Investment Council. “The last decision on granting loan guarantees from the U.S. government is the recognition of our achievements, as well as the decision of the International Monetary Fund to…Details
Ukraine’s economy in 2017-2021 may grow by 2-5% per year. This was the forecast made by 54.2% of participants surveyed at the Ukrainian Financial Forum, organized by ICU (a financial services company) in Odessa on September 29-30. According to a poll conducted among the participants, 37.5% of respondents forecast an increase in the country’s GDP…Details
Russian Prime Minister Dmitry Medvedev has approved of a proposal to develop a national competition development plan, and the Federal Antimonopoly Service will report to the government on its first steps in two months, the service’s Director Igor Artemyev reported. The plan will be similar to the national plan for fighting corruption. “The government is…Details
According to regional agricultural departments, as of September 28, Kazakh agrarians harvested grains throughout 14.24 million ha, or 92.7% of the planned areas, the Ministry of Agriculture of the Republic of Kazakhstan declared. As of the reporting date, agrarians produced 21.363 million tons of grains, up by 8.21 million tons YoY. The average yield totaled…Details
During three recent seasons, the export volumes of flour from Kazakhstan stabilized at nearly 1.8 million tons. Uzbekistan, Tajikistan, Kyrgyzstan and Afghanistan became the main countries-importers of Kazakh flour, the Director of the Grain Processors and Bakers Union of Kazakhstan Evgeny Gan declared. Some time ago, Uzbekistan has imposed the protective customs duty at nearly…Details