In 2016 Nibulon increased its agricultural production volumes by 10% YoY, to 340 thousand tons, the press-service of the company declared. According to the Deputy General Director of agricultural production Kostiantyn Khmelnytskyi, early spring crops vegetation, prolonged spring with low air temperatures, rains at the end of spring and in the first half of summer,…
DetailsUkraine’s Cabinet of Ministers has allowed the sale of ending stocks of medicines eligible to reimbursement. They were delivered to pharmacy chains at the wholesale prices exceeding the upper limit set in Ukrainian law before February 1, 2017. Presenting the draft document acting Health Minister of Ukraine Ulana Suprun said that the resolution would help…
DetailsThe first Azerbaijani shop selling the country’s national products will open in Belarus in 2017, said Gennady Ahramovich, ambassador of the Republic of Belarus to Azerbaijan. “Opening of Azerbaijani trading houses in Belarus is mulled actively. I think we can consider the supplies of Azerbaijani tobacco, cotton, wine, cognac and other products”, said Ahramovich. The…
DetailsForeign direct investment in the country increased by 4.7% to 6 trillion tenge ($18.12 billion) in January-November, according to Kazakh Minister of National Economy Kuandyk Bishimbayev. “Realisation of industrial-innovative and infrastructural projects within the state program Nurly Zhol and the anti-crisis programs contributed to the growth. Since the beginning of the year, we have been…
DetailsThis is provided for by the methodology for appraisal of quality of milk and dairy products approved by the government. It comes into effect in 2 years after being published in Monitorul Oficial. The methodology aims at bringing the agriculture and rural development framework in Moldova into compliance the EU standards and norms. According to…
DetailsChina’s CNBM International Corporation is mulling the challenging of the decision of Ukraine’s Verkhovna Rada to cut the feed-in tariff for large solar power plants in an international arbitration court, CNBM International Corporation Board Chairman Jinsong Zhang reported. The company said that the payback period of CNBM’s solar power plants sharply increased over the decision…
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Belarus is interested in processing Azerbaijani oil at its refineries, Gennady Ahramovich, Belarusian ambassador to Azerbaijan, said. He said that this year Azerbaijan very timely delivered 85,000 tons of oil, which made it possible not to interrupt the production cycle of the Mozyr refinery. “Belarus has two refineries – one in Mozyr city and one…
DetailsAccording to the National Statistics Committee of the Republic of Belarus, output of margarine and similar food products increased to 1.5 KMT in October from 1.3 KMT in September. Margarine production in the ten months of 2016 (January-October) amounted to 13.1 KMT. Belarusian production of mayonnaises and other emulsified sauces fell to 1.6 KMT in…
DetailsWhile sunseed processing and sunoil output in Ukraine show a record fast pace, hitting new highs every month, soybean crushing and soyoil production by oil extractors keep lagging behind last year. Large and medium-sized crushers in Ukraine produced just 14.5 KMT of soyoil in November against 15.7 KMT in November 2015. 34.3 KMT of soyoil…
DetailsAzerbaijan and Belarus are working to increase the export of vehicles and agricultural machinery, produced at the Ganja Automobile Plant, to the third parties, Gennady Ahramovich, Belarusian ambassador to Azerbaijan, said. He added that the industrial cooperation was promising and reached up to 20% of the trade turnover between Azerbaijan and Belarus. “I would like…
DetailsA special commission to assess and re-demarcate the cultural and national heritage sites of the Cricova winery has been created. The commission is headed by Deputy Minister of Agriculture and Food Industry Vasile Luca. Its members are to re-demarcate the galleries, underground vaults, including tasting rooms, and adjoining areas of the Cricova quarry and take…
DetailsFollowing the results of 2016, 277 Ukrainian agricultural enterprises have been working on the European market, while their number was 238 in 2015, Ukrainian Agrarian Policy and Food Minister Taras Kutovyi has said. “Currently, 277 Ukrainian enterprises have already been licensed to export their products to the European market. By comparison, there were 238 such…
DetailsUkraine’s Cabinet of Ministers has presented an action plan for 2017-2020. “We have promised that at the end of 2016 we would propose the medium term action plant that would help to clearly determine tasks, priorities and goals we want to achieve. Today keeping the promise I want to present our collective plan, our action…
DetailsAccording to the Agency of Statistics of the Republic of Kazakhstan, in November the production volumes of vegetable oils reached record figures – 34.7 thousand tons. During three months of 2016/2017 MY (September-November), the figure exceeded the production of vegetable oils in the same period last season by 18%, and totaled 99.5 thousand tons. A…
DetailsIn the current year, the general grain harvest in Kyrgyzstan totaled 1.66 million tons, down by 5.5% YoY, the UN Food and Agriculture Organization (FAO) informed. In particular, agricultural enterprises of the country harvested 654 thousand tons of wheat (down by 7%). The harvested volumes reduced due to a significant fall of the grain planted…
DetailsThe Cabinet of Ministers has decided to issue a loan in the amount of 7.941 billion UAH to the Individuals’ Deposit Guarantee Fund. The corresponding decision is stipulated in the government resolution No. 1003 dated December 28, the text of which has been posted on the Cabinet’s website. “The Ministry of Finance in order to…
DetailsKazakhstan took delivery of a new batch of Su-30SM multirole fighter jets, the press service of the Kazakh Defense Ministry announced. These are the 5th and 6th Su-30SM fighter jets delivered to the Kazakh Air Force, after the country ordered an undisclosed number of aircraft in February 2015. “One needs to have deep knowledge and…
DetailsExpected prerequisites for a sag in wheat and barley prices were seen in late November and early December. This was contributed to mostly by an increasing number of grain offers from growers who had to settle their liabilities due in the year’s end (loans, taxes etc.). To prevent a price drop and support growers, in…
DetailsKazakhstan supplied 7.9 MMT of grain to foreign markets in 2016 as of December 20, said the nation’s vice ag minister. This is 12% more than last year. The Agriculture Ministry of Kazakhstan forecasts grain exports to total 8.5-9 MMT in the current marketing year (July 2016 – June 2017). This year’s total grain harvest…
DetailsUkraine’s Health Ministry has published a draft resolution amending government resolution No. 333 dated March 25, 2009 that would approve of the new national list of key medicines. The document was posted on the ministry’s website on December 27. According to it, the list includes high-quality effective and safe medicines, taking into account the sickness…
DetailsThe Competition Authority of Estonia released a conclusion that the cost of electricity distribution services of electric grid operator Elektrilevi was not adjusted to their current costs and should be lowered by 6.7%. Because network charges make up 50-55% of the consumer price of electricity, the price of electricity for the average consumer should drop…
DetailsPobeda Airlines, Russia, left the Georgian civil aviation market with dumping prices, says Givi Davitashvili, Director General, Georgian Airways. According to him, Georgian Airways has repeatedly made statements about operating with Russian and Turkish air companies at dumping prices, but the authorities do not take any retaliatory steps. “The same thing is with Turkey, there…
DetailsAccording to official information, Ukraine exported roughly 2231.6 KMT of corn in November, up by 19% YoY (1878.8 KMT). Ukrainian corn exports picked up pace by 9% in Q1 2016/2017 against the same period a year ago. Ukraine supplied 3643.5 KMT of corn to foreign markets in September-November (3344 KMT at the same time in…
DetailsExport of Ukrainian goods and services to the European Union countries amounted to 35.7% in January-September, Deputy Economic Development and Trade Minister of Ukraine Natalia Mykolska said. “We see a trend that the EU actually remains our main trading partner, and our exports to the European Union grow. The goods constitute the bulk of exports…
DetailsThe MPs have approved of the amendments to the law on Road Fund and the law on local public finance in line with which the money for maintenance of local roads is to be diverted to local budgets by clear and transparent criteria. 50% of the incomes generated by the road toll is to be…
DetailsUkraine’s state ammonia transportation firm Ukrkhimstransammiak and Russian chemicals producer TogliattiAzot may sign an agreement to resume transit of TogliattiAzot’s ammonia via Ukraine after the New Year holidays, First Deputy Prime Minister Stepan Kubiv said. “Regarding Transammiak – the limit was reached this year, so, correspondingly, an agreement on restoration of this work should be…
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