Azerbaijan: Burkina Faso interested in expanding energy co-op

Burkina Faso is interested in development of mutual relations with Azerbaijan, in particular, in energy sphere, President of Burkina Faso’s parliament Salifou Diallo said. Diallo made the remarks during his meeting with Azerbaijani delegation led by the country’s Energy Minister Natig Aliyev in Burkina Faso’s capital of Ouagadougou. Azerbaijan’s state oil company SOCAR said that…


Belarus: Bellesbumprom companies exports to Turkey up in January-September 2016

Bellesbumprom companies have increased the export to Turkey by more than 30% in January-September, the spokesperson for Bellesbumprom Concern Ruzhena Novitskaya reported. “The foundation of our trade and economic relations was laid during the visits of the chairman of Bellesbumprom Concern to Turkey who took part in the Belarusian Investment Forum in Istanbul in November…


Belarus: BelAZ ships 14 heavy-duty trucks to Russian consumers

Belarus’ BelAZ heavy-duty truck manufacturer (Zhodino, Minsk region) shipped 14 BelAZ-7547 trucks for open-cast mining operations with a load capacity of 42-45 tons to customers in Russia’s Central and Ural districts, BelAZ said in a release. The shipments were facilitated by Russia’s National Non-metallic Company and BelTransLogistic Ltd. BelAZ made a three-year partnership deal with…


Belarus: economic efforts paying off

The economic efforts made by the Belarusian Government and the National Bank over the past two years have been effective, Belarus’ Deputy Economy Minister Dmitry Krutoy said when speaking at the 11th international conference on Eurasian economic integration in Moscow. “In recent years a consensus has been reached in Belarus on the main objective which…


Belarus earmarks $49.5 million to pay for green energy in 2016

Belarus’ energy concern Belenergo will spend $49.5 million in 2016 to purchase electric energy produced by power generating facilities, which use renewable energy sources, a Belenergo official reported. Belarus’ green power generating facilities will produce an estimated 281.8 million kWh of electric energy in 2016 Belenergo’s tariff on electricity produced by power generating facilities, which…


Ukraine: seaports grain exports halved in the second week of November 2016

On November 7-13, Ukraine exported 463.3 thousand tons of grains from the seaports, against 835.9 thousand tons on the previous week.

In particular, wheat shipments reached 101.7 thousand tons, barley – 74.3 thousand tons, and corn – 287.3 thousand tons. (APK-Inform/Business World Magazine)

Russia: ATB units not allowed to sail within water area of Big Port St. Petersburg

ATB units are not allowed to sail within water area of Big Port St. Petersburg from November 21 under the order of Port Harbour Master Aleksandr Volkov.

The decision was made amid deterioration of ice situation, subzero temperatures and ice forecasts for the water area of Big Port St. Petersburg. (Portnews/Business World Magazine)

Azerbaijan: WB ready to provide technical aid

The World Bank (WB) is ready to provide technical assistance to support the strengthening of macroeconomic stability in Azerbaijan, the WB leading expert Naoko Kojo said. Kojo made the remarks during his meeting with Rufat Aslanli, chairman of Board of Directors at Azerbaijan’s Financial Market Supervisory Authority. The sides discussed the current macroeconomic situation in…