CHS Ukraine plans in 2017 for the first time to import carbamide in the amount of 200,000 tons. “We’re trying to trade in fertilizers. In spring we would like to purchase 200,000 tons of carbamide”, company CEO Viacheslav Kolosvetov reported. According to him, the matter concerns possible cooperation with Russia’s Uralchem. Kolosvetov added large agricultural…
DetailsDeposit auctions will be enough to absorb excessive liquidity of the banking sector in the foreseeable future, Central Bank First Deputy Chairwoman Ksenia Yudayeva reported. “It will be enough for us to hold deposit auctions in the foreseeable future (to absorb excessive liquidity)”, Yudayeva said. The authority organized the first deposit auction in 18 months…
DetailsUkrainian 2016/2017 grain exports could be 7 million tons lower than originally expected due to logistical difficulties and some companies have already redirected shipments from Ukraine to other countries, traders said. Ukraine had planned to ship abroad around 41 million tons of grain in the 2016/2017 July-June season versus around 39 million tons a season…
DetailsBelarusian food products are in demand on all the markets of the Commonwealth of Independent States (CIS), Belarusian Antimonopoly Regulation and Trade Minister Vladimir Koltovich reported. “Foreign partners like Belarusian products. Russians, Ukrainians and Kazakhs know that the Belarusian quality is high, and our products are welcome on all the CIS markets”, the minister stressed.…
DetailsChina has proposed to establish Ukrainian-Chinese free trade area. Chinese Ambassador to Ukraine Du Wei said this during an opening ceremony of Ukraine Silk Road International Forum held in Kyiv. “The Chinese side has proposed to create the Russian-Chinese free trade zone. We hope to intensify a research on this issue with the Ukrainian side”,…
DetailsLate October and early November featured a temperature upturn in Bulgaria. The temperature increase against the background of sufficient topsoil moisture reserves caused winter crops to resume their active growth. Exceptions are some parts of South Bulgaria where soil moisture shortages hamper development of winter cereals and rape. Plants of winter wheat and barley seeded…
DetailsThis season wheat quality issues are particularly acute. An increase in feed grain supply from the Black Sea countries is a characteristic feature of the current season. The growth of milling wheat share in Ukraine will be offset by increased feed wheat production in Russia and Kazakhstan. Traditionally, Kazakhstan produces grain of highest quality compared…
DetailsBelarusian manufacturers must upgrade their quality management systems to comply with the new standard STB ISO 9001-2015 by September 15, 2018, Chairman of the State Committee for Standardization Viktor Nazarenko reported. Viktor Nazarenko recalled that a new version of the national standard for quality management system STB ISO 9001-2015, identical to the international standard, was…
DetailsThe Belarusian industrial gas producer BMZ-GKS, which was founded by Belarusian Steel Works (BMZ trademark) among other parties, started selling argon to Bulgaria, Romania, and Moldova in 2016, Alexander Olesik, Press Secretary of the BMZ, reported. The first few batches of argon were delivered to Poland in late 2015. Argon has many applications in the…
DetailsBelarus is interested in assimilating Poland’s innovative technologies for processing fruit and vegetables. Belarusian Deputy Agriculture and Food Minister Vladimir Grakun made the statement during negotiations with a Polish delegation in Minsk on November 8. The meeting was held to discuss the development of bilateral cooperation. The official said that Belarusian companies took an interest…
DetailsThe trade between Belarus and Pakistan has been recently gaining momentum, the Embassy of Belarus in Pakistan reported. In January-September the trade between Belarus and Pakistan totaled $38.6 million, with Belarus exporting $30 million worth of products to Pakistan. The deliveries of Belarusian tractors increased by 7.8%, tractor parts by 55.4%. The deliveries of Belarusian…
DetailsBelarus’ food exports are projected to total $2.1 billion in 2016, Alexei Bogdanov, the head of the main division for foreign economic affairs at the Agriculture and Food Ministry of Belarus, said. “According to preliminary data, in January-October the export growth dynamics was not bad. In monetary terms, the export amounted to 99.3% compared to…
DetailsThe Azercosmos OJSC of the Azerbaijani Ministry of Communications and High Technologies has signed a contract to render telecommunication services to the leading international satellite operators, DCS Telecom and Don Telecom. According to the contract, the DCS Telecom and Don Telecom will use the resources of the Azerspace-1 satellite for voice services, data transmission, cellular…
DetailsAgrarians of Kazakhstan are gradually getting interested in cultivating oilseed crops due to their profitability. Currently, oilseed price is 2-3 times higher than price of wheat depending on the quality. Moreover, interest comes not only from the side of Kazakh farmers, but also from the foreign investors. The example is the North-Kazakh region, where farms…
DetailsThe last two months demonstrated the Ukrainian government’s intent to prevent VAT refund amount reduction after its significant decrease in August. However, government will need from six months to a year to gain the market’s confidence. According to government’s representatives, as of October 26, the state VAT debt declined to 16 billion UAH. Experts hope…
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