The Asian Development Bank (ADB) is ready to support small and medium-sized enterprises (SMEs) in Azerbaijan, a source in the country’s government reported. ADB offers to support business by opening credit lines for local banks. “Thus, the ADB wants to provide support to banks in Azerbaijan and contribute to the development of SMEs”, said the…
DetailsThe government of Ukraine plans to conclude a revised Agreement on Mutual Promotion and Protection of Investments with the government of Turkey, the Economic Development and Trade Ministry of Ukraine reports. “We’ve agreed with the Turkish side on the main provisions of the draft agreement, which foresees the most-favored procedure for investors of both countries…
DetailsIn an auction held on December 6, by Azerbaijan’s State Committee on Property Issues, 12 state properties were sold as part of a new privatization program. The privatized properties are located in Baku, Shirvan, Sabirabad and Saatli. There are 5 vehicles among the privatized properties. The next auction, to be held on December 13, will…
DetailsKazakhstan plans to found the agribusiness export center, which will realize the promotion of domestic agricultural products on foreign markets, the press-service of the Ministry of Agriculture declared. The center will be formed on the basis of JSC National Company Food Contract Corporation within frames of the State program for development of the agro-industrial complex…
DetailsKazakhstan’s total crop of grain after conditioning reached 21.5 MMT, agriculture vice-minister Gulmira Isayeva said. In addition, she said, the nation was going to export 9 MMT of grain. With regard to the outlet markets, according to her, they are the traditional ones: Uzbekistan, Tajikistan, Russia, Iran and China. “Together with the Kazakh Railways we…
DetailsIt is an open secret that India is the key destination market for Ukrainian sunseed oil. 1.4 MMT of this commodity was shipped to the country from Ukraine in 2015/2016. That volume represented 31.6% of Ukraine’s total sunseed oil exports. However, nobody could have imagined that India would take interest in Ukrainian sunseed meal. The…
DetailsTwo non-OPEC countries, Kazakhstan and Mexico, have announced that they will take part in OPEC’s meeting to be held in Vienna on December 10. Kazakhstan’s Energy Minister Kanat Bozumbayev has said he will participate in OPEC’s meeting. Regarding the possibility of reducing the oil production in Kazakhstan, Bozumbayev said that Kazakhstan was not the largest…
DetailsA new plant for processing of oil raw materials will open on the basis of large enterprise LLP “Taiynsha-May” in the village of Ilichevka. Chinese investors will help with the construction. The plant will consist of 3 lines for deep processing of sunflower, rapeseed and other oilseed crops with a capacity of 300 thousand tons…
DetailsThe company ADM has completed upgrade of an oilseed crushing plant in the town of Chornomorsk, Odessa region. Apart from having doubled the plant’s crushing capacity, its new equipment allows processing rapeseed, in addition to sunseed, and makes the production cheaper and more competitive. “We are excited to reopen our improved and enhanced oilseed processing…
DetailsThe Ministry of Agrarian Policy and Food of Ukraine estimated the general grain harvest in the country in 2016 at the level of 64.2 million tons with the average yield of 4.48 ton/ha, up by 4 million tons YoY, the press-service of the ministry declared. In particular, corn will form the major growing trends to…
DetailsBritain’s Crown Agents has signed an agreement with Ukraine’s Health Ministry for 10 medicine procurement programs using 2016 budget funds. Crown Agents said in a press release that the agency would procure medicines and medical products worth 932.22 million UAH for the ministry. At present, Crown Agents has signed agreement to procure medicines to treat…
DetailsThe Belarusian mechanical engineering company Bobruisk Plant of Tractor Parts and Units (BZTDiA) will ship the first batch of tractors to the UK in December, the company’s Marketing Department reported. The Belarusian company and Belarus Tractor Ltd (Banwell, UK) signed an agreement in late November. The agreement will classify the company as an official dealer…
DetailsBad credits in the banking system of Moldova amounted to 16.29% as of the end of October, up by 0.52% MoM. Compared with October 2015, it increased by 6.48% or 1.7 times from 9.81%, NBM reports. The biggest shares of bad credits were recorded by Victoriabank – 33.82% (against 32.92% in September and 11.15% in…
DetailsOn November 26 – December 2, Ukraine exported 922.5 thousand tons of grains from the seaports, against 836.3 thousand tons on the previous week.
In particular, wheat shipments reached 403.9 thousand tons, corn – 456.4 thousand tons, and barley – 62.2 thousand tons. (APK-Inform/Business World Magazine)
In the current year, the general grain harvest in Kazakhstan totaled 21.5 million tons in clean weight, the Vice Minister of Agriculture Gulmira Isayeva declared. Earlier the Ministry of Agriculture of Kazakhstan forecast the harvest volumes at the level of 23.68 million tons, including 17.8 million tons of wheat, 3.3 million tons of barley, 502.6…
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